NOT LISTED FOR SALE

116 Pine Forest Dr Berlin, MD 21811

Estimated Value: $541,000 - $781,000

0.18 Acre
$3,657,906 Price per Acre
8,005 Sq Ft Lot

Last Sold June 08, 2020

Last sale price $55,000 $23 Per Sq Ft

Est. 1,091% increase in value since last sale

Current estimated payment $4,012/month

Highlights

  • Private Lot
  • Showell Elementary School Rated A-
  • Wooded Lot

About This Lot

As of June 2020

Welcome to the Section of Ocean Pines called the Pointe. This lovely wooded lot set in the South Gate section, is waiting for you. No Builder tie- in. This paradise close to the beach can be yours!!! For further community information Call Office Plat available

Last Agent to Sell the Property

Cindy DelZoppo

(443) 250-6395 cindy@northropteam.com Northrop Realty License #523434 Listed on: 02/27/2019

Northrop Realty

Last Buyer's Agent

Brian Foraker

(302) 420-4616 brian@forakersales.com Foraker Realty Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $502

Lot Details

  • 8,005 Sq Ft Lot
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Cost To Obtain Building Permits
  • Property is zoned R-3

HOA Fees

  • $76 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • $25 Other Monthly Fees
  • Ocean Pines The Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2403145522

Property Details

Property Type

Land

Est. Annual Taxes

$502

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Welcome to the Section of Ocean Pines called the Pointe. This lovely wooded lot set in the South Gate section, is waiting for you. No Builder tie- in. This paradise close to the beach can be yours!!! For further community information Call Office Plat available
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 7.48
  • Street Number Modifier: 116

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: 909.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Other Fees: 295.00
  • Other Fees Frequency: Annually

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Trees/Wooded, Private
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8005.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5390452
  • Tax Annual Amount: 502.00
  • Assessor Parcel Number: 2403145522
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/08/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jun 1, 2020
Sold by
Melchiorre Carmine and Melchiorre Maria C
Bought by
Shirilla Theodore R and Shirilla Patricia M
Seller's Agent
Cindy DelZoppo
Northrop Realty
Buyer's Agent
Brian Foraker
Foraker Realty Co.
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%
Current Estimated Value
$655,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,216
Avg. Annual Appreciation
58.63%
Original Mortgage
$49,500
Outstanding Balance
$40,456
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$617,967

Purchase Details

Closed on
Dec 13, 1999
Sold by
Martin Groff
Bought by
Melchiorre Carmine and Melchiorre Maria C

Purchase Details

Closed on
Sep 8, 1999
Sold by
Banker'S Development L L C
Bought by
Martin Groff and Construction Company
Source: Public Records

Range of Values:

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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
Shirilla Theodore R $55,000 Bright Ttl & Setmnt Svcs Llc
Melchiorre Carmine $41,500 --
Martin Groff $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirilla Theodore R $49,500
Closed Martin Groff --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $55,000 -8.2% $23 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
10/17/2019 10/17/19 Price Changed $59,900 -3.4% $25 / Sq Ft
09/14/2019 09/14/19 For Sale $62,000 +12.7% $26 / Sq Ft
09/01/2019 09/01/19 Off Market $55,000 -- --
02/27/2019 02/27/19 For Sale $62,000 -- $26 / 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 $5,675 $614,900 $0 $0
2024 $5,539 $581,400 $121,500 $459,900
2023 $5,083 $533,500 $0 $0
2022 $675 $70,833 $0 $0
2021 $502 $52,500 $52,500 $0
2020 $500 $52,500 $52,500 $0
2019 $502 $52,500 $52,500 $0
2018 $542 $57,500 $57,500 $0
2017 $450 $52,500 $0 $0
2016 -- $47,500 $0 $0
2015 $1,099 $42,500 $0 $0
2014 $1,099 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO103834

Bright MLS

APN: 03-145522