NOT LISTED FOR SALE

11019 Manklin Meadows Ln Ocean Pines, MD 21811

Estimated Value: $499,545

-- Bed
-- Bath
5,400 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $255,000 $47 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,944/month

749 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Wood Siding
  • Showell Elementary School Rated A-
  • Tile or Brick Flooring

About This Home

As of April 2016

5400 sq ft, could be offices, retail, storage or a combination of all. Centrally located on Manklin Meadows Lane. Many possibilities with this property.

Last Agent to Sell the Property

Peck Miller

(443) 880-2341 peck@peckmiller.com Coldwell Banker Realty License #524045 Listed on: 03/04/2014

Coldwell Banker Realty

Last Buyer's Agent

Peck Miller

(443) 880-2341 peck@peckmiller.com Coldwell Banker Realty License #524045 Listed on: 03/04/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot
  • Cleared Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 5,400 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Tile or Brick

Parking

  • 10 Open Parking Spaces
  • 3 Parking Spaces Included

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • 2-Story Building

Listing and Financial Details

  • Tenant pays for taxes
  • Tax Lot 5
  • Assessor Parcel Number 105814

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Tile/Brick
  • Foundation Details: Block, Crawl Space
  • Basement: No
  • Total Sq Ft: 5400
  • Net Sq Ft: 5400.00

Exterior Features

  • Construction Materials: Brick, Vinyl Siding, Wood Siding
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 10
  • Number Of Parking Spaces Included: 3+ Car Parking

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 205200.00
  • Land Assessed Value: 199800.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14277.00
  • Zoning Description: B1,Commercial

Rental Info

  • Lease In Effect: No
  • Tenant Pays: Taxes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5387152
  • Assessor Parcel Number: 105814
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Apr 21, 2016
Sold by
Napolitano Mary Daisy and Postiglione Michelle
Bought by
Hofman John C and Hofman Pamela M
Seller's Agent
Peck Miller
Coldwell Banker Realty
Buyer's Agent
Peck Miller
Coldwell Banker Realty
List Price
$499,000
Sold Price
$255,000
Premium/Discount to List
-$244,000
-48.9%
Current Estimated Value
$499,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,545
Avg. Annual Appreciation
7.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Hofman John C $255,000 Ocean Investments Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $255,000 -48.9% $47 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/05/2014 03/05/14 For Sale $499,000 -- $92 / 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 $3,793 $411,000 $214,100 $196,900
2024 $3,713 $389,733 $0 $0
2023 $3,511 $368,467 $0 $0
2022 $3,308 $347,200 $142,700 $204,500
2021 $3,323 $347,200 $142,700 $204,500
2020 $3,323 $347,200 $142,700 $204,500
2019 $3,682 $384,700 $199,800 $184,900
2018 $3,643 $384,700 $199,800 $184,900
2017 $3,643 $384,700 $0 $0
2016 -- $405,000 $0 $0
2015 -- $405,000 $0 $0
2014 $3,984 $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000795552

Bright MLS

APN: 03-105814