NOT LISTED FOR SALE

11800 Red Cedar Ln Berlin, MD 21811

Estimated Value: $781,000 - $1,198,000

0.46 Acre
$2,056,807 Price per Acre
20,038 Sq Ft Lot

Last Sold June 27, 2014

Last sale price $120,000

Est. 688% increase in value since last sale

Current estimated payment $5,613/month

1,394 Days on Market

Highlights

  • Marina
  • Multiple Slip
  • 0.46 Acre Lot
  • Showell Elementary School Rated A-
  • Pond View
  • Wooded Lot

About This Lot

As of June 2014

Absolutely Beautiful Area for Your Dream Home. You Choose the Builder!! Waterview and Waterfront Lots Available Starting at $124,900. This is Another Premier Burbage Community! Marina with 25 Boat Slips Available for Sale. Public Water and Sewer, Public Gas and Community Lighting. The 142 Acre Nature Preserve Adds To The Beauty & Serenity Of This Waterfront Community.

Last Agent to Sell the Property

Kevin Decker

Coastal Life Realty Group LLC License #532548 Listed on: 05/18/2010

Last Buyer's Agent

Peter Copenhaver

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,906

Year Built

  • 2014

Lot Details

  • 0.46 Acre Lot
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Schools

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

Additional Features

  • Pond Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 170659

Community Details

Overview

  • Bay Point Plantation Subdivision

Recreation

  • Marina
  • Multiple Slip

Property Details

Property Type

Land

Est. Annual Taxes

$5,906

Year Built

2014

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Absolutely Beautiful Area for Your Dream Home. You Choose the Builder!! Waterview and Waterfront Lots Available Starting at $124,900. This is Another Premier Burbage Community! Marina with 25 Boat Slips Available for Sale. Public Water and Sewer, Public Gas and Community Lighting. The 142 Acre Nature Preserve Adds To The Beauty & Serenity Of This Waterfront Community.
  • Special Features: None
  • Year Built (Public Record): 2014

Interior Features

  • Price Per Sq Ft: 6.92
  • Street Number Modifier: 11800

Exterior Features

  • Construction Completed: No
  • View: Pond, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

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: 1200.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Marina/Marina Club
  • HOA: Yes

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: Trees/Wooded
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20207.00
  • Possible Use: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5392576
  • Assessor Parcel Number: 170659
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Close Date: 06/27/2014

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2010
Closed on
Jun 27, 2014
Sold by
Blue Water Development Corporation
Bought by
Smith Louis J and Smith Angela D
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Peter Copenhaver
Coldwell Banker Realty
List Price
$199,900
Sold Price
$120,000
Premium/Discount to List
-$79,900
-39.97%
Total Days on Market
1394
Current Estimated Value
$946,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826,131
Avg. Annual Appreciation
20.20%
Original Mortgage
$434,600
Interest Rate
4.12%
Mortgage Type
Construction
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
Smith Louis J $120,000 Title Resources Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Louis J $483,255
Closed Smith Louis J $528,571
Closed Smith Louis J $434,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $120,000 -40.0% --
03/12/2014 03/12/14 Pending -- -- --
05/18/2010 05/18/10 For Sale $199,900 -- --
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 $5,906 $619,900 $166,700 $453,200
2023 $5,873 $616,367 $0 $0
2022 $5,839 $612,833 $0 $0
2021 $5,831 $609,300 $166,700 $442,600
2020 $5,540 $578,867 $0 $0
2019 $5,249 $548,433 $0 $0
2018 $4,884 $518,000 $136,300 $381,700
2017 $4,857 $512,867 $0 $0
2016 -- $507,733 $0 $0
2015 $1,179 $517,700 $0 $0
2014 $1,179 $137,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000859928

Bright MLS

APN: 03-170659