NOT LISTED FOR SALE

11501 Terrapin Point Rd Berlin, MD 21811

Estimated Value: $673,000 - $873,000

4 Beds
2 Baths
1,770 Sq Ft
$420/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $635,000 $359 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,360/month

40 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Water Oriented
  • 0.68 Acre Lot
  • Ocean City Elementary School Rated A
  • Bay View
  • Open Floorplan

About This Home

As of February 2022

This property is in "Active Under Contract Status". The property may continue to be shown and is available for "Back-up" offers. Waterfront, ranch-style home. Original owners and custom built by Beach Construction. Situated on .68 acres in the South Point neighborhood of Worcester County. Wondering where South Point is? It is the southern tip of route 611 extending from West Ocean City, conveniently located just minutes from the beaches at Assateague Island. If you're an outdoor enthusiast, you're going to LOVE South Point! W/ easy access to the beach, cycling (5 mile bike path through Assateague, additional bike path all the way to West OC and another to historic town of Berlin!) watersports (within minutes of 2 public boat ramps, one at Assateague Island and one at the end of South Point Rd.) 3 popular public golf courses (Ocean City Golf featuring 2 courses and Rum Point Golf Club), This lovely 4 bedroom, 2 bath ranch style home offers panoramic views of natural wetlands extending to Sinepuxent Bay and Assateague Island. The home features a large screened porch and 2 open decks at the rear of the home, w/ private outdoor shower. The deck and screened porch offer the perfect front row seat to a sunrise, moonrise or entertainment of the natural wild-life. The home is being sold partially furnished. Recent updates include custom white kitchen cabinets, built-in desk space, floor to ceiling cabinet pantry with sliding shelf feature, granite tops, white appliances, glass backsplash and tile plank flooring. The open floor plan offers a kitchen , family room combo with soaring ceilings and views of the wetlands. The home offers a split floorplan w/ two bedrooms on the left that share a beautifully updated bath. To the right of the open living area you will find a large 3rd bedroom with a private sitting area (currently used as a 5th sleeping area.) The primary suite is located in the back of the house offering sweeping views of the wetlands and Sinepuxent Bay and Assateague Island. The primary suite offers a "flex" space that could easily serve as a private sitting room or in-home office. The ensuite bath was cleverly designed to offer a "Flex" bathroom for guests. The updates in the primary bath include large walk-in, tiled shower, updated vanity and tile flooring. Pride of ownership shows throughout the home. Featuring High efficiency Anderson double glazed casement windows, maintenance free vinyl front porch and vinyl railings, 30 year GAF High definition roof shingle, private outdoor shower, BAJA 4 person hot tub with hydro therapy jets (recently installed on the back deck, licensed tech still needs to make final "hook-up"), energy efficient Rinnai tankless propane water heater, Carrier 14 SEER Propane gas furnace w/ central A/C installed 2013, whole home water conditioning system and reverse osmosis. Appliances: GE Adora Self cleaning range w/ griddle insert and convection oven (2013), Whirlpool 21.9 cu ft bottom freezer refrigerator (2012), Extra Maytag refrigerator and freezer in the garage. Kenmoore Elite Microwave, Bosch Silence Plus Dishwasher 2019, Samsung top load washer, Whirlpool dryer. Seller is offering peace of mind 1 year home warranty. 2 car garage features an 8 foot door and 10 foot ceilings.
Attic storage is located above the garage. Additional storage found in the attached shed. (Actual square footage of home is 1861)

Last Agent to Sell the Property

Mia McCarthy

Keller Williams Realty Delmarva Listed on: 11/10/2021

Keller Williams Realty Delmarva

Last Buyer's Agent

Mike DiPietro

Keller Williams Realty Delmarva License #0024222

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1987

Lot Details

  • 0.68 Acre Lot
  • Southwest Facing Home
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Shingle Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Bay Views
  • Crawl Space
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Water Treatment System
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Genezer Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 178
  • Assessor Parcel Number 2410026113

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: All Appliances.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-10
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: This property is in "Active Under Contract Status". The property may continue to be shown and is available for "Back-up" offers. Waterfront, ranch-style home. Original owners and custom built by Beach Construction. Situated on .68 acres in the South Point neighborhood of Worcester County. Wondering where South Point is? It is the southern tip of route 611 extending from West Ocean City, conveniently located just minutes from the beaches at Assateague Island. If you're an outdoor enthusiast, you're going to LOVE South Point! W/ easy access to the beach, cycling (5 mile bike path through Assateague, additional bike path all the way to West OC and another to historic town of Berlin!) watersports (within minutes of 2 public boat ramps, one at Assateague Island and one at the end of South Point Rd.) 3 popular public golf courses (Ocean City Golf featuring 2 courses and Rum Point Golf Club), This lovely 4 bedroom, 2 bath ranch style home offers panoramic views of natural wetlands extending to Sinepuxent Bay and Assateague Island. The home features a large screened porch and 2 open decks at the rear of the home, w/ private outdoor shower. The deck and screened porch offer the perfect front row seat to a sunrise, moonrise or entertainment of the natural wild-life. The home is being sold partially furnished. Recent updates include custom white kitchen cabinets, built-in desk space, floor to ceiling cabinet pantry with sliding shelf feature, granite tops, white appliances, glass backsplash and tile plank flooring. The open floor plan offers a kitchen , family room combo with soaring ceilings and views of the wetlands. The home offers a split floorplan w/ two bedrooms on the left that share a beautifully updated bath. To the right of the open living area you will find a large 3rd bedroom with a private sitting area (currently used as a 5th sleeping area.) The primary suite is located in the back of the house offering sweeping views of the wetlands and Sinepuxent Bay and Assateague Island. The primary suite offers a "flex" space that could easily serve as a private sitting room or in-home office. The ensuite bath was cleverly designed to offer a "Flex" bathroom for guests. The updates in the primary bath include large walk-in, tiled shower, updated vanity and tile flooring. Pride of ownership shows throughout the home. Featuring High efficiency Anderson double glazed casement windows, maintenance free vinyl front porch and vinyl railings, 30 year GAF High definition roof shingle, private outdoor shower, BAJA 4 person hot tub with hydro therapy jets (recently installed on the back deck, licensed tech still needs to make final "hook-up"), energy efficient Rinnai tankless propane water heater, Carrier 14 SEER Propane gas furnace w/ central A/C installed 2013, whole home water conditioning system and reverse osmosis. Appliances: GE Adora Self cleaning range w/ griddle insert and convection oven (2013), Whirlpool 21.9 cu ft bottom freezer refrigerator (2012), Extra Maytag refrigerator and freezer in the garage. Kenmoore Elite Microwave, Bosch Silence Plus Dishwasher 2019, Samsung top load washer, Whirlpool dryer. Seller is offering peace of mind 1 year home warranty. 2 car garage features an 8 foot door and 10 foot ceilings. Attic storage is located above the garage. Additional storage found in the attached shed. (Actual square footage of home is 1861)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Carpet, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Stall Shower, Upgraded Countertops, Water Treat System, Window Treatments
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1770
  • Living Area Sq Ft: 1770
  • Price Per Sq Ft: 367.23
  • Above Grade Finished Sq Ft: 1770
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • Exterior Features: Outbuilding(s), Outside Shower
  • View: Bay, Water
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.68
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29764.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5399293
  • Tax Annual Amount: 2737.00
  • Assessor Parcel Number: 2410026113
  • Tax Lot: 178
  • Tax Total Finished Sq Ft: 1770
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/18/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Feb 18, 2022
Sold by
Moran Family Trust
Bought by
Ferguson Christopher Martyn and Ferguson Suzanne Rowley
Seller's Agent
Mia McCarthy
Keller Williams Realty Delmarva
Buyer's Agent
Mike DiPietro
Keller Williams Realty Delmarva
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$744,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,252
Avg. Annual Appreciation
-0.40%
Original Mortgage
$571,500
Outstanding Balance
$537,466
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$88,844

Purchase Details

Closed on
Jun 29, 2009
Sold by
Moran Richard J and Moran Linda M
Bought by
Moran Family Trust

Purchase Details

Closed on
Oct 3, 1984
Sold by
Monreal Ramon and Monreal Myrna
Bought by
Moran Richard J and Moran Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,800
Interest Rate
14.26%
Source: Public Records

Range of Values:

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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
Ferguson Christopher Martyn $635,000 Raskauskas Joseph C
Moran Family Trust -- --
Moran Richard J $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Christopher Martyn $571,500
Previous Owner Moran Richard J $307,700
Previous Owner Moran Richard J $100,000
Previous Owner Moran Richard J $8,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $635,000 -2.3% $359 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $650,000 -- $367 / 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
2024 $2,999 $400,400 $0 $0
2023 $2,889 $343,200 $0 $0
2022 $2,785 $286,000 $144,800 $141,200
2021 $2,788 $285,100 $0 $0
2020 $2,780 $284,200 $0 $0
2019 $2,771 $283,300 $144,800 $138,500
2018 $2,664 $276,167 $0 $0
2017 $2,608 $269,033 $0 $0
2016 -- $261,900 $0 $0
2015 $2,378 $261,900 $0 $0
2014 $2,378 $261,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2003368

Bright MLS

APN: 10-026113