NOT LISTED FOR SALE

12302 Snug Harbor Rd Berlin, MD 21811

Estimated Value: $688,000 - $1,123,000

0.15 Acre
$5,770,720 Price per Acre
5,000 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $140,000

Est. 675% increase in value since last sale

Current estimated payment $6,336/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Canal View
  • Ocean City Elementary School Rated A
  • Water Access
  • No HOA

About This Lot

As of April 2019

L@@k at this GREAT PRICE!!! One of the least expensive waterfront lots for sale today on navigable canal with direct access to the open bay and only 3 miles to Ocean City inlet!! Includes public sewer hook-up, permitted shed with electric and 50ft of bulkhead. Pilings already there to install a boat lift as well! Serene and scenic location close to Ocean City attractions, Assateague Island State and National Parks, Historic Berlin (voted Coolest Small Town in America), Frontier Town water park, shopping and great restaurants!! No City Taxes, and Voluntary HOA.

Last Agent to Sell the Property

Eric I. Green

(410) 524-1203 eginoc@gmail.com Coldwell Banker Realty Listed on: 05/13/2018

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,022

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts navigable water
  • Cleared Lot
  • Property is zoned R2, R2

Schools

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

Utilities

  • Well Permit Not Applied For
  • On Site Septic
  • Public Hookup Available For Sewer

Additional Features

  • Canal Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 019575

Community Details

Overview

  • No Home Owners Association
  • Snug Harbor Subdivision

Recreation

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock Against Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$1,022

Lot Details

0

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: L@@k at this GREAT PRICE!!! One of the least expensive waterfront lots for sale today on navigable canal with direct access to the open bay and only 3 miles to Ocean City inlet!! Includes public sewer hook-up, permitted shed with electric and 50ft of bulkhead. Pilings already there to install a boat lift as well! Serene and scenic location close to Ocean City attractions, Assateague Island State and National Parks, Historic Berlin (voted Coolest Small Town in America), Frontier Town water park, shopping and great restaurants!! No City Taxes, and Voluntary HOA.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 29.98
  • Street Number Modifier: 12302

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic, Public Hook/Up Avail
  • Water Source: Well Permit Not Applied For, Public
  • 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

  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Possible Use: Residential
  • Zoning: R2
  • Zoning Description: R2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5398761
  • Tax Annual Amount: 1022.00
  • Assessor Parcel Number: 019575
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2015
  • Close Date: 04/05/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2018
Closed on
Apr 5, 2019
Sold by
Scherer Frank S and Scherer Janet M
Bought by
Kinzie Jake A and Kinzie Jacqueline A
Seller's Agent
Eric I. Green
Coldwell Banker Realty
Buyer's Agent
Eric I. Green
Coldwell Banker Residential Brokerage
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%
Current Estimated Value
$1,084,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,375
Avg. Annual Appreciation
31.95%

Purchase Details

Closed on
Sep 5, 1984
Sold by
Maffei Joseph N
Bought by
Scherer Frank S and Scherer Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
14.38%
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
Kinzie Jake A $140,000 Title Resources Guaranty Co
Scherer Frank S $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherer Frank S $13,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $140,000 -6.6% --
03/15/2019 03/15/19 Pending -- -- --
11/21/2018 11/21/18 Price Changed $149,900 -3.3% --
07/30/2018 07/30/18 Price Changed $155,000 -8.8% --
06/15/2018 06/15/18 For Sale $169,900 +21.4% --
05/14/2018 05/14/18 Off Market $140,000 -- --
05/13/2018 05/13/18 For Sale $169,900 -- --
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
2025 $7,779 $842,900 $197,500 $645,400
2024 $6,796 $713,267 $0 $0
2023 $5,561 $583,633 $0 $0
2022 $1,476 $154,900 $151,000 $3,900
2021 $1,482 $154,867 $0 $0
2020 $1,475 $154,833 $0 $0
2019 $1,475 $154,800 $151,000 $3,800
2018 $1,312 $139,167 $0 $0
2017 $1,022 $123,533 $0 $0
2016 -- $107,900 $0 $0
2015 $49 $107,900 $0 $0
2014 $49 $129,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001560918

Bright MLS

APN: 10-019575