NOT LISTED FOR SALE

1115 Stone's Run Ocean Pines, MD 21811

Estimated Value: $115,000 - $351,000

0.27 Acre
$815,170 Price per Acre
11,761 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $63,750

Est. 245% increase in value since last sale

Current estimated payment $1,310/month

329 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Clubhouse

About This Lot

As of November 2020

Cul de sac residential building lot in Colonial Village...oversized setting to allow for home of your choice...close to Yacht Club, Marina and two pools.

Last Agent to Sell the Property

Cindy Purcell

(410) 726-2586 cindypurcell@remax.net RE/MAX Advantage Realty License #RS-0016484 Listed on: 11/15/2019

RE/MAX Advantage Realty

Last Buyer's Agent

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $828

Lot Details

  • 0.27 Acre Lot
  • Property is zoned B-2

HOA Fees

  • $81 Monthly HOA Fees

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Water Service Lateral Not Installed
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 03-143694

Community Details

Overview

  • Ocean Pines Association
  • Ocean Pines Colonial Village Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$828

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.95

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 Hook/Up Avail
  • Water Source: Lateral Not Installed/Must Tap Off Main

Condo/Co-op/Association

  • HOA Fees: 976.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Golf Course, Marina/Marina Club, Pier/Dock, Pool - Indoor, Pool - Outdoor, Security, Tennis Courts, Tot Lots/Playground
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11579.00
  • Zoning: B-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5390298
  • Tax Annual Amount: 828.00
  • Assessor Parcel Number: 03-143694
  • Tax Lot: 108
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Nov 16, 2020
Sold by
Ditzel David W and Ditzel Joy L
Bought by
Russell Raymond Benjamin and Russell Meredith Lee
Seller's Agent
Cindy Purcell
RE/MAX Advantage Realty
Buyer's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$74,900
Sold Price
$63,750
Premium/Discount to List
-$11,150
-14.89%
Current Estimated Value
$220,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,346
Avg. Annual Appreciation
27.56%

Purchase Details

Closed on
May 30, 2018
Sold by
Matsko Robert P and Matsko Analee G
Bought by
Ditzel David and Ditzel Joy L

Purchase Details

Closed on
Oct 18, 2001
Sold by
Garcia John P and Garcia Jane A
Bought by
Matsko Robert P and Matsko Analee G

Purchase Details

Closed on
Aug 19, 1998
Sold by
Breocean Pines Llc
Bought by
Garcia John P and Garcia Jane A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Russell Raymond Benjamin $63,750 Dba Real Estate T&E
Ditzel David $64,900 Front Door Title Inc
Matsko Robert P $50,000 --
Garcia John P $47,380 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Matsko Robert P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $63,750 -7.5% --
10/09/2020 10/09/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $68,900 -1.6% --
06/09/2020 06/09/20 Price Changed $70,000 -3.3% --
03/13/2020 03/13/20 Price Changed $72,400 -3.3% --
11/15/2019 11/15/19 For Sale $74,900 -- --
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 -- $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: MDWO110498

Bright MLS

APN: 03-143694