$73,500
SOLD NOV 21, 2024

11003 Grays Corner Rd Berlin, MD 21811

3 Beds
1 Bath
1,000 Sq Ft
1971 Built

Recently Sold

$74 Per Sq Ft

23% Below List Price

90 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Mobile Home
  • Ocean City Elementary School Rated A
  • Gazebo

About This Home

As of December 2024

Cute Updated Moble Home with build over. Fenced in yard with shed and gazebo. Located in lake Haven Mobile Home park close to Ocean City and Assateague Beaches. Lease Hold Rent is $724 per month. Size of Mobile home is not guaranteed. (Lot rent pays taxes and water use) Cash Purchasers and possible financing with 20percent down

Last Agent to Sell the Property

Jamie Caine

Coldwell Banker Realty License #52321 Listed on: 07/25/2024

Coldwell Banker Realty

Last Buyer's Agent

Brooks Decker

Coastal Life Realty Group LLC

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $39,690

Year Built

  • Built in 1971

Lot Details

  • Land Lease expires in 1 year
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gazebo
  • Shed

Mobile Home

  • Single Wide

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 2403011569

Community Details

Overview

  • No Home Owners Association
  • Lake Haven Mhp Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$39,690

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Mobile Pre 1976
  • Architectural Style: Coastal
  • Ownership: Land Lease
  • Exclusions: Furniture
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Cute Updated Moble Home with build over. Fenced in yard with shed and gazebo. Located in lake Haven Mobile Home park close to Ocean City and Assateague Beaches. Lease Hold Rent is $724 per month. Size of Mobile home is not guaranteed. (Lot rent pays taxes and water use) Cash Purchasers and possible financing with 20percent down
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 79.99
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11003

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Lease Amt Freq: Monthly
  • Land Lease Years Remaining: 1
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: MOBILE
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2403011569
  • Tax Year: 2023
  • Close Date: 11/21/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2008
Sold by
Assoc Tall Pines Lake Haven
Bought by
Lake Haven Mhp Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,430,010
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2008
Sold by
Assoc Tall Pines Lake Haven
Bought by
Lake Haven Mhp Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,430,010
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 1997
Sold by
Karageorgos Nicholas P
Bought by
Tall Pines Lake Haven Assoc Llc

Purchase Details

Closed on
Feb 28, 1989
Sold by
Lake Haven
Bought by
Karageorgos Nicholas P and Karageorgos Giannoulo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
10.78%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $1,105,000 --
Deed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000,000 Credit Line Revolving
Closed $6,430,010 Commercial
Closed $4,690,269 Commercial
Closed $4,690,269 Commercial
Previous Owner $1,015,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $65,000 -11.6% $45 / Sq Ft
11/21/2024 11/21/24 Sold $73,500 -2.0% $74 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/27/2024 10/27/24 For Sale $75,000 -6.2% $51 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $79,990 -15.7% $80 / Sq Ft
07/25/2024 07/25/24 For Sale $94,900 -- $95 / Sq Ft
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
2025 $39,690 $4,386,800 $2,494,500 $1,892,300
2024 $39,690 $3,989,400 $0 $0
2023 $34,375 $3,592,000 $0 $0
2022 $32,117 $3,194,600 $2,119,500 $1,075,100
2021 $32,252 $3,194,600 $2,119,500 $1,075,100
2020 $32,252 $3,194,600 $2,119,500 $1,075,100
2019 $39,672 $3,969,900 $2,119,500 $1,850,400
2018 $34,851 $3,825,000 $0 $0
2017 $36,531 $3,680,100 $0 $0
2016 -- $3,535,200 $0 $0
2015 -- $3,535,200 $0 $0
2014 $23,317 $3,535,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2022314

Bright MLS

APN: 03-011569