NOT LISTED FOR SALE

1146 Ocean Pkwy Berlin, MD 21811

Estimated Value: $407,104 - $455,000

0.22 Acre
$1,947,845 Price per Acre
9,458 Sq Ft Lot

Last Sold March 20, 2012

Last sale price $42,000 $28 Per Sq Ft

Est. 920% increase in value since last sale

Current estimated payment $2,574/month

Highlights

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

About This Lot

As of March 2012

One of the lowest priced lots in Ocean Pines! Come to the shore and build the home you have always wanted. Conveniently located near South Gate. Ocean Pines community offers parks, indoor pool, outdoor pools, tennis, golf, Ocean City beach club, marina, dockage & boat ramp. Don't miss this great opportunity at a very affordable price.

Last Agent to Sell the Property

Dave Whittington

(410) 430-5283 ocdavew@gmail.com Coastal Life Realty Group LLC License #520693 Listed on: 01/30/2012

Last Buyer's Agent

John Talbott

(410) 603-7373 johntalbott7@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #16751

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,128

Lot Details

  • 9,458 Sq Ft Lot
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $70 Monthly HOA Fees

Schools

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

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 409
  • Assessor Parcel Number 106322

Community Details

Overview

  • Ocean Pines Sherwood Forest 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

$3,128

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.17

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: Public

Condo/Co-op/Association

  • HOA Fees: 843.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9458.00
  • Possible Use: Residential
  • Zoning: R-3
  • Zoning Description: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5387198
  • Assessor Parcel Number: 106322
  • Tax Lot: 409
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2019
Sold by
Tarr Charles T and Tarr Patricia M
Bought by
Tarr Charles T and Tarr Patricia M
Current Estimated Value
$428,526

Purchase Details

Closed on
Mar 6, 2015
Sold by
The Ocean Pines Volunteer Fire Departmen
Bought by
Maclasky Michael J and Maclasky David N

Purchase Details

Listed on
Jan 30, 2012
Closed on
Mar 16, 2012
Sold by
Ohanian Sarkis Haroutun and Ohanian Juanita Ann Meacham
Bought by
Ocean Pines Volunteer Fire Department In
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
John Talbott
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$48,900
Sold Price
$42,000
Premium/Discount to List
-$6,900
-14.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
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
Tarr Charles T -- None Available
Maclasky Michael J $229,900 None Available
Ocean Pines Volunteer Fire Department In $42,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2012 03/20/12 Sold $42,000 -14.1% $28 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $48,900 -- $33 / 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 $3,128 $338,967 $0 $0
2024 $2,946 $309,200 $89,300 $219,900
2023 $2,746 $288,233 $0 $0
2022 $2,546 $267,267 $0 $0
2021 $2,357 $246,300 $67,200 $179,100
2020 $2,337 $244,167 $0 $0
2019 $2,316 $242,033 $0 $0
2018 $2,262 $239,900 $62,200 $177,700
2017 $2,209 $236,567 $0 $0
2016 -- $233,233 $0 $0
2015 $621 $229,900 $0 $0
2014 $621 $38,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000860846

Bright MLS

APN: 03-106322