NOT LISTED FOR SALE

1103 Stones Run Ocean Pines, MD 21811

Estimated Value: $113,243 - $298,000

0.23 Acre
$705,700 Price per Acre
10,207 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $110,000

Est. 48% increase in value since last sale

Current estimated payment $1,017/month

6 Days on Market

About This Lot

As of July 2023

Presenting an exceptional lot/land opportunity in the highly sought-after area located within the desirable Ocean Pines community. This vacant lot offers a blank canvas to create your perfect vision of your dream home.

This lot of .23AC provides ample space for a variety of purposes. With its prime location in Ocean Pines, you have the freedom to design and construct a residence tailored to your unique preferences. Walking distance to yacht club!

The Ocean Pines community offers a wealth of amenities and recreational opportunities, providing an enriching and convenient lifestyle for residents. Benefit from its proximity to the vibrant Ocean Pines community. Take advantage of the amenities, including indoor and outdoor pools, tennis and basketball courts, parks, a recreation/community center, a yacht club, marina, and boat ramp. The surrounding area also offers dining options, live entertainment, and a range of services to cater to your every need.

Don't miss this incredible opportunity to acquire a prime lot/land in the desirable Ocean Pines.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #647315 Listed on: 06/02/2023

Compass

Co-Listed By

Andrew Wolf

(443) 721-6633 Andrew.Wolf@Theoldfathergroup.com Compass

Last Buyer's Agent

Brian Foley

(443) 365-5075 brian@ryanhaley.com Coastal Life Realty Group LLC License #RS-0025171

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $828

Lot Details

  • 10,207 Sq Ft Lot
  • Property is zoned B-2

HOA Fees

Listing and Financial Details

  • Tax Lot II12
  • Assessor Parcel Number 2403143732

Property Details

Property Type

Land

Est. Annual Taxes

$828

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Expected On Market: 2023-06-08
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 11.27

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 896.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 50.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10207.00
  • Zoning: B-2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 828.00
  • Assessor Parcel Number: 2403143732
  • Tax Lot: II12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 5, 2023
Sold by
Marcum Mary
Bought by
Galello Michael E and Galello Joyce M
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Brian Foley
Coastal Life Realty Group LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Views
51
Current Estimated Value
$162,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,311
Avg. Annual Appreciation
17.21%

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 20, 2021
Sold by
Hutton Robert G and Hutton Angela
Bought by
Donnelly Thomas and Donnelly Karen
Seller's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
john camelio
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$75,000
Sold Price
$85,000
Premium/Discount to List
$10,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Breocean Pines Llc
Bought by
Hutton Robert G and Hutton Angela Lybrand
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
Galello Michael E $110,000 Capitol Title
Donnelly Thomas $85,000 Dba Real Estate T&E
Hutton Robert G $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hutton Robert G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $110,000 -4.3% --
06/09/2023 06/09/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $115,000 +15.6% --
04/01/2022 04/01/22 Sold $99,500 0.0% -- View Prior Sale
03/03/2022 03/03/22 Pending -- -- --
10/30/2021 10/30/21 Price Changed $99,500 -13.5% --
10/08/2021 10/08/21 Price Changed $115,000 -8.0% --
10/07/2021 10/07/21 For Sale $125,000 +47.1% --
05/20/2021 05/20/21 Sold $85,000 +13.3% -- View Prior Sale
04/21/2021 04/21/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $75,000 -- --
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 $857 $92,833 $0 $0
2024 $824 $86,500 $86,500 $0
2023 $824 $86,500 $86,500 $0
2022 $824 $86,500 $86,500 $0
2021 $828 $86,500 $86,500 $0
2020 $828 $86,500 $86,500 $0
2019 $828 $86,500 $86,500 $0
2018 $816 $86,500 $86,500 $0
2017 $819 $86,500 $0 $0
2016 $777 $86,500 $0 $0
2015 $777 $86,500 $0 $0
2014 $777 $86,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2014302

Bright MLS

APN: 03-143732