NOT LISTED FOR SALE

11801 Red Cedar Ln Berlin, MD 21811

Estimated Value: $237,000 - $289,000

0.45 Acre
$599,260 Price per Acre
19,602 Sq Ft Lot

Last Sold July 10, 2013

Last sale price $100,000

Est. 170% increase in value since last sale

Current estimated payment $1,652/month

382 Days on Market

Highlights

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

About This Lot

As of July 2013

Welcome to another premier Burbage waterfront community! With gorgeous views of the Ocean City skyline, Isle of Wight Bay, Turville & Herring Creeks and 142 acres of nature preserve, this secluded location is just the place to build your dream home, using the builder of your choice! The completed crabbing & fishing pier also has 25 boat slips for sale. Waterfront & waterview estate sized lots with public water, sewer & gas are available.

Last Agent to Sell the Property

Kevin Decker

Coastal Life Realty Group LLC License #532548 Listed on: 04/18/2012

Last Buyer's Agent

Kevin Decker

Coastal Life Realty Group LLC License #532548 Listed on: 04/18/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,454

Lot Details

  • 0.45 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 33
  • Assessor Parcel Number 170705

Community Details

Overview

  • Bay Point Plantation Subdivision

Recreation

  • Marina
  • Multiple Slip

Property Details

Property Type

Land

Est. Annual Taxes

$1,454

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: Welcome to another premier Burbage waterfront community! With gorgeous views of the Ocean City skyline, Isle of Wight Bay, Turville & Herring Creeks and 142 acres of nature preserve, this secluded location is just the place to build your dream home, using the builder of your choice! The completed crabbing & fishing pier also has 25 boat slips for sale. Waterfront & waterview estate sized lots with public water, sewer & gas are available.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.16
  • Street Number Modifier: 11801

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: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19543.00
  • Possible Use: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5392581
  • Assessor Parcel Number: 170705
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Close Date: 07/10/2013

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 10, 2013
Sold by
Blue Water Developement Corp
Bought by
Bruder Erick C
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Kevin Decker
Coastal Life Realty Group LLC
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%
Total Days on Market
382
Current Estimated Value
$269,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,667
Avg. Annual Appreciation
8.65%
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bruder Erick C $100,000 Resort Land Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruder Erick $255,000
Closed Bruder Erick C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $100,000 -28.5% --
05/05/2013 05/05/13 Pending -- -- --
04/18/2012 04/18/12 For Sale $139,900 -- --
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 $1,454 $152,600 $152,600 $0
2023 $1,454 $152,600 $152,600 $0
2022 $1,454 $152,600 $152,600 $0
2021 $1,460 $152,600 $152,600 $0
2020 $1,363 $142,467 $0 $0
2019 $1,266 $132,333 $0 $0
2018 $1,152 $122,200 $122,200 $0
2017 $1,157 $122,200 $0 $0
2016 -- $122,200 $0 $0
2015 $1,179 $137,300 $0 $0
2014 $1,179 $137,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000860954

Bright MLS

APN: 03-170705