NOT LISTED FOR SALE

11728 Grays Corner Rd Berlin, MD 21811

West Ocean City Neighborhood

Estimated Value: $239,370

0.48 Acre
$498,688 Price per Acre
20,909 Sq Ft Lot

Last Sold December 23, 2015

Last sale price $125,000 $130 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,460/month

About This Lot

As of December 2015

Site sits between Grays Corner Rd and #50 with 100 feet frontage on #50. Old house on site, being sold in ''as is'' condition. Year round heavy traffic count, good location for commercial business.

Last Agent to Sell the Property

Bobby Jester

(410) 524-6400 bobbyjester@markf.com Keller Williams Realty Delmarva License #15838 Listed on: 09/11/2015

Keller Williams Realty Delmarva

Last Buyer's Agent

Bobby Jester

(410) 524-6400 bobbyjester@markf.com Keller Williams Realty Delmarva License #15838 Listed on: 09/11/2015

Keller Williams Realty Delmarva

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,291

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100 x 209
  • Cleared Lot
  • Zoning described as B2

Schools

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

Utilities

  • Well
  • Well Permit on File
  • Lateral or Tap On-Site
  • On Site Septic
  • Septic Permit Issued

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009553

Property Details

Property Type

Land

Est. Annual Taxes

$2,291

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Commercial
  • Historic: No
  • New Construction: No
  • Remarks Public: Site sits between Grays Corner Rd and #50 with 100 feet frontage on #50. Old house on site, being sold in ''as is'' condition. Year round heavy traffic count, good location for commercial business.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.89
  • Street Number Modifier: 11728

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: Lateral/Tap On Site, On Site Septic, Septic Permit Issued
  • Water Source: Well Permit On File, Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: 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
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.48
  • Lot Dimensions: 100 x 209
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20900.00
  • Possible Use: Commercial
  • Zoning Description: B2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5397989
  • Assessor Parcel Number: 009553
  • County Tax Payment Frequency: Annually
  • Close Date: 12/23/2015

Multi Family

  • Federal Flood Zone: C

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 18, 2015
Sold by
Kozma Daniel A and Kozma Adrienne
Bought by
Shorley Charles H and Rose Amry P
Seller's Agent
Bobby Jester
Keller Williams Realty Delmarva
Buyer's Agent
Bobby Jester
Keller Williams Realty Delmarva
List Price
$164,900
Sold Price
$125,000
Premium/Discount to List
-$39,900
-24.2%
Current Estimated Value
$239,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,370
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bradford Brenda Mary and Widgeon Karen June Bradford
Bought by
Kozma Daniel A and Kozma Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
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
Shorley Charles H $125,000 None Available
Kozma Daniel A $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kozma Daniel A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $125,000 -24.2% $130 / Sq Ft
11/28/2015 11/28/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $164,900 -- $172 / 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 $2,291 $243,433 $0 $0
2024 $2,291 $234,200 $174,000 $60,200
2023 $2,236 $233,600 $0 $0
2022 $4,680 $233,000 $0 $0
2021 $2,284 $232,400 $187,300 $45,100
2020 $161 $232,400 $187,300 $45,100
2019 $2,274 $232,400 $187,300 $45,100
2018 $1,031 $318,900 $273,400 $45,500
2017 $1,044 $108,833 $0 $0
2016 -- $103,900 $0 $0
2015 -- $103,900 $0 $0
2014 $877 $103,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bobby Jester

    Keller Williams Realty Delmarva

    (410) 524-6400

    3 in this area

    8 Total Sales

    Bobby Jester
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000862698

Bright MLS

APN: 10-009553

Maryland Worcester County Berlin 21811 West Ocean City

11728 Grays Corner Rd, Berlin, MD

This home is located at 11728 Grays Corner Rd, Berlin, MD 21811 since 11 September 2015 and is currently estimated at $239,370, approximately $249 per square foot. 11728 Grays Corner Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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