NOT LISTED FOR SALE

12151 Landings Blvd Berlin, MD 21811

Estimated Value: $606,114 - $746,000

4 Beds
3.5 Baths
3,482 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $420,000 $121 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,188/month

139 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Property is near a lake
  • Ocean City Elementary School Rated A
  • Bay View
  • Colonial Architecture

About This Home

As of May 2018

Spacious home on corner lot in the beautiful resort community of Bayside @ Ocean City. Lovely views of Sinepuxent Bay and Assateague Island. Home also features a den on the main floor, and huge bonus room on the 3rd floor. Resort has many amenities such as indoor/outdoor pools, tennis courts, clubhouse with fitness center and game room, playground, basketball court, stocked fishing pond, kayak docks and crabbing piers. Excellent rental income history!

Last Agent to Sell the Property

Andrea Petersen

coastalventure@gmail.com Alta Realty Company Listed on: 10/27/2017

Last Buyer's Agent

Linda Moran

(443) 614-2261 linda.moran@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #52961

Berkshire Hathaway HomeServices PenFed Realty-WOC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Pond

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,482 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a lake
  • Balcony
  • Patio
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 152
  • Assessor Parcel Number 442036

Community Details

Overview

  • Bayside Community HOA
  • Bayside Ocean City Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$304 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Agent to provide.
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Icemaker, Refrigerator, Oven - Wall, Washer
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Crown Moldings, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Loft
  • Living Area Units: Square Feet
  • Total Sq Ft: 3482
  • Living Area Sq Ft: 3482
  • Price Per Sq Ft: 123.49
  • Above Grade Finished Sq Ft: 3482
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Bay, Pond, Water
  • Water Access: No
  • Water Body Type: Lake
  • Water Frontage Type: Lake
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3650.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Club House, Pier/Dock, Exercise Room, Game Room, Pool - Indoor, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Name: BAYSIDE COMMUNITY
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.21
  • Outdoor Living Structures: Balcony, Patio(s), Porch(es)

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5432616
  • Assessor Parcel Number: 442036
  • Tax Lot: 152
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
May 18, 2018
Sold by
Oluneye Ajayi Adelbowale and Oluneye Ajayi Ajibola
Bought by
Magers William Thomas and Magers Cinnie Rippeon
Seller's Agent
Andrea Petersen
Alta Realty Company
Buyer's Agent
Linda Moran
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$667,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,779
Avg. Annual Appreciation
6.30%
Original Mortgage
$315,000
Outstanding Balance
$268,674
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$399,105

Purchase Details

Closed on
Sep 11, 2007
Sold by
Toll Md V Limited Partnership
Bought by
Ajayi Ajayi Adebowale Adebowale and Ajayi Ajibola Oluneye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Toll Md V Limited Partnership
Bought by
Ajayi Ajayi Adebowale Adebowale and Ajayi Ajibola Oluneye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Magers William Thomas $420,000 Capitol Title Ins Agency
Ajayi Ajayi Adebowale Adebowale $525,000 --
Ajayi Ajayi Adebowale Adebowale $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magers William Thomas $315,000
Previous Owner Ajayi Ajayi Adebowale Adebowale $417,000
Previous Owner Ajayi Ajayi Adebowale Adebowale $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $420,000 -2.3% $121 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $430,000 -- $123 / 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 $4,457 $482,900 $151,900 $331,000
2024 $4,261 $447,167 $0 $0
2023 $3,920 $411,433 $0 $0
2022 $3,580 $375,700 $111,900 $263,800
2021 $3,561 $372,133 $0 $0
2020 $3,527 $368,567 $0 $0
2019 $3,493 $365,000 $111,900 $253,100
2018 $3,418 $362,533 $0 $0
2017 $3,386 $360,067 $0 $0
2016 -- $357,600 $0 $0
2015 $3,387 $357,600 $0 $0
2014 $3,387 $357,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001536582

Bright MLS

APN: 10-442036