NOT LISTED FOR SALE

11425 Gum Point Rd Berlin, MD 21811

Estimated Value: $1,075,344 - $1,609,000

5 Beds
4.5 Baths
4,854 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,025,000 $211 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,267/month

160 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Victorian Architecture
  • Showell Elementary School Rated A-
  • 1.56 Acre Lot
  • No HOA

About This Home

As of February 2024

Wonderful 5 Bedroom, 4.5 Bath Victorian home completely decorated throughout with a coastal
theme! Home was custom built in 2003 with 2x6 construction featuring a gorgeous wraparound
porch. The property sits on 1.56 acres which includes a separate deeded boat slip directly
across the street with a pier and boat lift. Additionally, there is also easy access to a public
boat ramp across the street. The main level has an open concept living room with cozy gas
fireplace adjacent to the kitchen with upgraded double wall ovens and center island. Gorgeous
hardwood floor throughout most of main level with neutral tile flooring in kitchen and
sunroom. Main level has a separate dining area, small butler’s pantry with sink, and a sunroom
off the kitchen with tons of light for a great reading/sitting area. First floor office with French
doors. Upper level Primary suite features a huge second floor balcony overlooking level yard.
Renovated ensuite bath with double vanity, luxury tub and shower complete with walk in
closets. Spacious bedrooms throughout 2 nd floor with expansive storage space in attic. Attic
can be converted into additional living space. Home has a 1 car attached garage for convenience and additional storage. Detached 3 car garage with 1 bay converted to a full exercise room with full bath (could be converted back ifnew owner prefers). Detached garage complete with a 1 bedroom 1 bath apartment above garage, which is currently rented with excellent income. Oversized driveway was just repaired
and resealed. Roof for main home is approximately 2.5 years new and the detached garage
roof will be replaced in the coming weeks. Exterior gas hook up for a future grilling station or
hot tub. Close to Ocean City and local restaurants/shops including library and post office. No
HOA! A Must See!

Last Agent to Sell the Property

Scott Swahl

(301) 275-9300 scottswahl@gmail.com Redfin Corp License #640146 Listed on: 05/26/2023

Redfin Corp

Last Buyer's Agent

Jeff Brashear

(410) 352-0055 jeffbrashear@kw.com Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,970

Year Built

  • Built in 2003

Lot Details

  • 1.56 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition
  • Property is zoned A1-R2

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached
  • Front Facing Garage

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 4,854 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Steen Associates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2403146766

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,970

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-05-26
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 4854
  • Living Area Sq Ft: 4854
  • Price Per Sq Ft: 226.60
  • Above Grade Finished Sq Ft: 4854
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11425

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.56
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 67954.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: A1-R2
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6970.00
  • Assessor Parcel Number: 2403146766
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 3454
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/09/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Feb 9, 2024
Sold by
Otoole Damon P and Otoole Kerri R
Bought by
Braniff Jordan P and Braniff Melissa L
Seller's Agent
Scott Swahl
Redfin Corp
Buyer's Agent
Jeff Brashear
Keller Williams Realty Delmarva
List Price
$1,099,900
Sold Price
$1,025,000
Premium/Discount to List
-$74,900
-6.81%
Views
855
Current Estimated Value
$1,260,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,336
Avg. Annual Appreciation
12.85%
Original Mortgage
$820,000
Outstanding Balance
$805,481
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$454,855

Purchase Details

Listed on
Feb 12, 2020
Closed on
Oct 13, 2020
Sold by
Ropp Richard Lee
Bought by
Otoole Damon P and Otoole Kerri R
Seller's Agent
Jennifer Cropper-Rines
Coldwell Banker Realty
Buyer's Agent
Dean Strawbridge
Iron Valley Real Estate Ocean City
List Price
$794,500
Sold Price
$700,000
Premium/Discount to List
-$94,500
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2000
Sold by
Steen Associates Inc
Bought by
Ropp Richard Lee
Source: Public Records

Range of Values:

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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
Braniff Jordan P $1,025,000 None Listed On Document
Otoole Damon P $700,000 Real Estate Title & Escrow
Ropp Richard Lee $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braniff Jordan P $820,000
Previous Owner Otoole Damon P $510,400
Closed Ropp Richard Lee --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $1,025,000 -6.8% $211 / Sq Ft
05/26/2023 05/26/23 For Sale $1,099,900 +57.1% $227 / Sq Ft
10/13/2020 10/13/20 Sold $700,000 -4.7% $144 / Sq Ft View Prior Sale
08/30/2020 08/30/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $734,900 -5.2% $151 / Sq Ft
05/19/2020 05/19/20 Price Changed $774,900 -2.5% $160 / Sq Ft
02/12/2020 02/12/20 For Sale $794,500 -- $164 / 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 $7,880 $847,333 $0 $0
2024 $7,393 $769,700 $161,400 $608,300
2023 $7,197 $749,033 $0 $0
2022 $7,000 $728,367 $0 $0
2021 $6,833 $707,700 $161,400 $546,300
2020 $6,639 $697,567 $0 $0
2019 $6,639 $687,433 $0 $0
2018 $6,419 $677,300 $161,400 $515,900
2017 $6,311 $668,700 $0 $0
2016 $6,251 $660,100 $0 $0
2015 $5,962 $651,500 $0 $0
2014 $5,962 $651,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2013952

Bright MLS

APN: 03-146766