NOT LISTED FOR SALE

10863 Cathell Rd Berlin, MD 21811

Estimated Value: $878,355 - $948,000

5 Beds
4.5 Baths
3,008 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $775,000 $258 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,541/month

123 Days on Market

Highlights

  • Guest House
  • 21.05 Acre Lot
  • Farmhouse Style Home
  • Showell Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2022

TWENTY-ONE acres, with a farmhouse home, and detached garage. This property is located on Cathell Rd in Berlin MD minutes to the beaches and Ocean Pines. This property has unlimited potential and backs up to Rt 90. Property is eligible to be subdivided 4 times. Seller is looking for a quick sale of the property and has priced it to sell. Offered at $799,000 AS IS. Must be a cash sale. Come take a look today before it's SOLD!

Last Agent to Sell the Property

Nancy Reither

Coldwell Banker Realty Listed on: 04/25/2022

Coldwell Banker Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1999

Lot Details

  • 21.05 Acre Lot
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned A-1

Parking

  • 3 Car Detached Garage
  • 20 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,008 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Fireplace
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Outbuilding
  • Porch

Additional Homes

  • Guest House

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2403009211

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,420

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-26
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: TWENTY-ONE acres, with a farmhouse home, and detached garage. This property is located on Cathell Rd in Berlin MD minutes to the beaches and Ocean Pines. This property has unlimited potential and backs up to Rt 90. Property is eligible to be subdivided 4 times. Seller is looking for a quick sale of the property and has priced it to sell. Offered at $799,000 AS IS. Must be a cash sale. Come take a look today before it's SOLD!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3008
  • Living Area Sq Ft: 3008
  • Price Per Sq Ft: 265.62
  • Above Grade Finished Sq Ft: 3008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10863

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Storage Barn/Shed, Guest House
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 23
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: A
  • Lot Features: Cleared
  • Lot Size Acres: 21.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 916938.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: A-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5378602
  • Tax Annual Amount: 3420.00
  • Assessor Parcel Number: 2403009211
  • Tax Total Finished Sq Ft: 3008
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/21/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Oct 21, 2022
Sold by
Cloud Tracy Lynn
Bought by
Bennett Ronald H
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,199,900
Sold Price
$775,000
Premium/Discount to List
-$424,900
-35.41%
Views
22
Current Estimated Value
$926,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,589
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Apr 8, 2004
Sold by
Burkett Myrl H
Bought by
Cloud Tracy Lynn

Purchase Details

Closed on
Dec 19, 2001
Sold by
Burkett Myrl H
Bought by
Burkett Myrl H and Tracy Lynn Cloud

Purchase Details

Closed on
Jun 26, 1991
Sold by
Desanto David A
Bought by
Burkett Myrl H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.65%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bennett Ronald H $775,000 --
Cloud Tracy Lynn -- --
Burkett Myrl H -- --
Burkett Myrl H $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Ronald H $200,000
Open Bennett Ronald $360,000
Previous Owner Cloud Tracy Lynn $300,000
Previous Owner Burkett Myrl H $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $775,000 -3.0% $258 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $799,000 -20.0% $266 / Sq Ft
07/12/2022 07/12/22 Price Changed $999,000 -9.2% $332 / Sq Ft
06/17/2022 06/17/22 Price Changed $1,099,900 -8.3% $366 / Sq Ft
04/30/2022 04/30/22 For Sale $1,199,900 -- $399 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,790 $496,400 $86,200 $410,200
2023 $4,348 $450,067 $0 $0
2022 $3,907 $403,733 $0 $0
2021 $3,480 $357,400 $86,200 $271,200
2020 $3,480 $357,400 $86,200 $271,200
2019 $3,480 $357,400 $86,200 $271,200
2018 $3,478 $362,500 $96,200 $266,300
2017 $3,362 $348,667 $0 $0
2016 -- $334,833 $0 $0
2015 $2,920 $321,000 $0 $0
2014 $2,920 $321,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2007208

Bright MLS

APN: 03-009211