NOT LISTED FOR SALE

11610 Masters Ln Unit 114 Berlin, MD 21811

Estimated Value: $327,000 - $361,000

3 Beds
3 Baths
1,522 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $300,000 $197 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,345/month

2 Days on Market

Highlights

  • Marina
  • Pier or Dock
  • Gated Community
  • Showell Elementary School Rated A-
  • Fitness Center
  • Open Floorplan

About This Home

As of December 2021

One of 4 two story townhomes on Masters Lane in River Run with a 2nd floor front deck with a view of the St Martin river. This home features a kitchen with breakfast area, fireplace, laundry room, valuted ceilings ,wet bar and second floor sitting or computer area.
The garage has been partially converted to a 3rd bedroom while still leaving room for a 2nd refrigerator, golf cart and storage. This must see home has a rear 1st floor screened- in porch, open deck and a 2nd floor open deck all overlooking the 1st fairway of a Gary Player Signature Golf Course. 3 bedrooms, 3 full baths, great views and walking distance to the pool, golf course ,restaurant, clubhouse and fitness center make this townhome in the quiet community of River Run a must see. Seller to pay one time $5000 special assessment.

Last Agent to Sell the Property

Timothy Halligan

(484) 832-0090 timhalliganop@gmail.com Iron Valley Real Estate Ocean City License #611848 Listed on: 11/05/2021

Iron Valley Real Estate Ocean City

Last Buyer's Agent

Danny Taglienti

(410) 430-2721 dantaglienti@gmail.com Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1989

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

Home Design

  • Villa
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,522 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Skylights
  • Electric Fireplace
  • Window Treatments
  • Crawl Space
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 03-133265

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, pool(s), reserve funds, road maintenance, security gate, trash
  • $75 Other One-Time Fees
  • River Run Home Owners Association
  • River Run Condo 1 Condos
  • River Run Community
  • River Run Subdivision

Recreation

  • Pier or Dock
  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Center
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,631

Year Built

Built in 1989

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Villa
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-05
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Laminate Plank, Carpet, Ceramic Tile
  • Interior Amenities: Floor Plan - Open, Kitchen - Eat-In, Skylight(s), Sprinkler System, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1522
  • Living Area Sq Ft: 1522
  • Price Per Sq Ft: 197.11
  • Above Grade Finished Sq Ft: 1522
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 627.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 482.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: River Run Condo 1
  • HOA Condo Co-Op Amenities: Community Center, Exercise Room, Gated Community, Golf Course Membership Available, Marina/Marina Club, Pier/Dock, Pool - Outdoor, Putting Green, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Name: RIVER RUN HOME OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 75.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1000.00

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5389442
  • Tax Annual Amount: 1631.00
  • Assessor Parcel Number: 03-133265
  • Tax Lot: 114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 23, 2021
Sold by
Berardi Louis and Berardi Mary Anne
Bought by
Zeien Nicole M and Zeien Pamela J
Seller's Agent
Timothy Halligan
Iron Valley Real Estate Ocean City
Buyer's Agent
Danny Taglienti
Keller Williams Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$351,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,303
Avg. Annual Appreciation
3.50%
Original Mortgage
$225,000
Outstanding Balance
$206,941
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$137,975

Purchase Details

Closed on
Nov 1, 2005
Sold by
Lipson Barbara B
Bought by
Louis Berardi and Berardi Mary Anne

Purchase Details

Closed on
Nov 16, 1999
Sold by
Lipson Alan B and Lipson Barbara B
Bought by
Lipson Barbara B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zeien Nicole M $300,000 Real Estate Title & Escrow
Louis Berardi $290,000 --
Lipson Barbara B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeien Nicole M $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $300,000 0.0% $197 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $300,000 -- $197 / 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 $1,676 $181,567 $0 $0
2024 $1,623 $170,400 $85,200 $85,200
2023 $1,623 $170,400 $85,200 $85,200
2022 $1,623 $170,400 $85,200 $85,200
2021 $1,631 $170,400 $85,200 $85,200
2020 $1,537 $165,833 $0 $0
2019 $1,543 $161,267 $0 $0
2018 $1,477 $156,700 $78,300 $78,400
2017 $1,407 $152,633 $0 $0
2016 -- $148,567 $0 $0
2015 $1,531 $144,500 $0 $0
2014 $1,531 $144,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2002262

Bright MLS

APN: 03-133265