NOT LISTED FOR SALE

117 Pine Tree Rd Ocean City, MD 21842

Estimated Value: $954,000 - $1,000,000

3 Beds
3 Baths
2,190 Sq Ft
$445/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $1,000,000 $457 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,822/month

12 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Canal View
  • Furnished
  • Ocean City Elementary School Rated A
  • Coastal Architecture
  • Community Pool

About This Home

As of November 2024

Embrace the ultimate waterfront lifestyle in this beautifully furnished 3-bedroom, 3-bath home built by Resort Homes. Boasting southern exposure, this property offers an abundance of natural light, with a 10,000 lb boat lift, new bulkhead and deep water access. Montego Bay offers a friendly, laid-back atmosphere with convenient access to local shops, dining, and recreational activities featuring 2 community pools.

Last Agent to Sell the Property

Mrs. Pam Greer Buckley

(443) 373-4819 office@buckleypropertyservices.com Resort Homes Real Estate Group License #6047 Listed on: 10/15/2024

Last Buyer's Agent

Joan Buchanan

(443) 783-7415 joanb@holidayoc.com Holiday Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,806

Year Built

  • Built in 2018

Lot Details

  • 3,600 Sq Ft Lot
  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in very good condition
  • Property is zoned TR

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,190 Sq Ft Home
  • Property has 1.5 Levels
  • Furnished
  • Canal Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Water Access
  • Property is near a canal

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1337B
  • Assessor Parcel Number 2410193664

Community Details

Overview

  • Built by Resort Homes
  • Montego Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,806

Year Built

Built in 2018

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: furnished as shown
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-10-15
  • Federal Flood Zone: Yes
  • Year Built: 2018
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2190
  • Living Area Sq Ft: 2190
  • Price Per Sq Ft: 440.64
  • Above Grade Finished Sq Ft: 2190
  • 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: Fiberglass
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 396.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Property Condition: Very Good
  • Zoning: TR
  • In City Limits: Yes

Building Info

  • Builder Name: Resort Homes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7806.00
  • Assessor Parcel Number: 2410193664
  • Tax Lot: 1337B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Federal Flood Zone: X & AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 20, 2024
Sold by
Sproul Brian P and Sproul Michelle L
Bought by
Clarke Vivian M and Pirisino Lori A
Seller's Agent
Mrs. Pam Greer Buckley
Resort Homes Real Estate Group
Buyer's Agent
Joan Buchanan
Holiday Real Estate
List Price
$965,000
Sold Price
$1,000,000
Premium/Discount to List
$35,000
3.63%
Views
62
Current Estimated Value
$973,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,028
Avg. Annual Appreciation
-2.19%
Original Mortgage
$250,000
Outstanding Balance
$246,609
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$727,363

Purchase Details

Closed on
May 5, 2017
Sold by
Mcfadden Jean H and Jean H Mcfadden Revocable Trus
Bought by
Sproul Brian P and Sproul Michelle L

Purchase Details

Closed on
Nov 2, 2015
Sold by
Mcfadden Jean H
Bought by
The Jean H Mcfadden Revocable Trust

Purchase Details

Closed on
Feb 3, 1981
Sold by
Mavrikes Anne K Est
Bought by
Mcfadden Robert H and Mcfadden Jean H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clarke Vivian M $1,000,000 Maryland Title
Sproul Brian P $235,000 None Available
The Jean H Mcfadden Revocable Trust -- None Available
Mcfadden Robert H $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Vivian M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $1,000,000 +3.6% $457 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $965,000 -- $441 / 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 $8,766 $641,967 $0 $0
2024 $7,782 $557,733 $0 $0
2023 $6,674 $473,500 $232,000 $241,500
2022 $6,443 $458,467 $0 $0
2021 $6,266 $443,433 $0 $0
2020 $6,053 $428,400 $232,000 $196,400
2019 $6,094 $428,400 $232,000 $196,400
2018 $3,307 $234,800 $232,000 $2,800
2017 $3,995 $282,800 $0 $0
2016 -- $276,800 $0 $0
2015 $4,606 $270,800 $0 $0
2014 $4,606 $264,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2024160

Bright MLS

APN: 10-193664