NOT LISTED FOR SALE

12313 Meadow Dr Berlin, MD 21811

Estimated Value: $904,000 - $1,229,000

0.1 Acre
$10,798,280 Price per Acre
4,725 Sq Ft Lot

Last Sold August 23, 2018

Last sale price $140,000

Est. 658% increase in value since last sale

Current estimated payment $6,287/month

Highlights

  • 50 Feet of Waterfront
  • Canal View
  • No HOA
  • Ocean City Elementary School Rated A

About This Lot

As of August 2018

Waterfront lot on navigable canal with direct access to the open bay and only 3 miles to Ocean City inlet!! Includes sewer hook-up and 50ft of bulkhead. 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, One of the last remaining waterfront lots in this West OC subdivision.

Last Agent to Sell the Property

Eric I. Green

(410) 524-1203 eginoc@gmail.com Coldwell Banker Realty Listed on: 05/21/2018

Coldwell Banker Realty

Last Buyer's Agent

Krissy Wheaton

(410) 251-1963 krissy300@yahoo.com Coldwell Banker Realty License #659798

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 4,725 Sq Ft Lot
  • Lot Dimensions are 50 x94.5
  • 50 Feet of Waterfront
  • 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 18
  • Assessor Parcel Number 10-019516

Community Details

Overview

  • No Home Owners Association
  • Voluntary $40.00 A Year HOA
  • Snug Harbor Subdivision

Recreation

  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

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: Waterfront lot on navigable canal with direct access to the open bay and only 3 miles to Ocean City inlet!! Includes sewer hook-up and 50ft of bulkhead. 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, One of the last remaining waterfront lots in this West OC subdivision.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 33.84
  • Street Number Modifier: 12313

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

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

Condo/Co-op/Association

  • HOA Name: VOLUNTARY $40.00 A YEAR
  • 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: 0.10
  • Lot Dimensions: 50 X94.5
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4725.00
  • Possible Use: Residential
  • Year Assessed: 2017
  • Zoning: R2
  • Zoning Description: R2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1200.00
  • Assessor Parcel Number: 10-019516
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/23/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 21, 2018
Sold by
Grube Joel A and Grube Amy A
Bought by
Maddy Duane A
Seller's Agent
Eric I. Green
Coldwell Banker Realty
Buyer's Agent
Krissy Wheaton
Coldwell Banker Realty
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$1,060,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,689
Avg. Annual Appreciation
32.91%
Original Mortgage
$1,400,000
Outstanding Balance
$1,215,843
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
-$136,015

Purchase Details

Closed on
Jan 12, 2012
Sold by
Blake Charles E and Blake Diane R
Bought by
Grube Joel A and Grube Amy A

Purchase Details

Closed on
Aug 20, 2003
Sold by
Popa Leonard J
Bought by
Blake Charles E and Blake Diane

Purchase Details

Closed on
Dec 5, 1988
Sold by
Fuhrer James E and Fuhrer Catherine V
Bought by
Popa Leonard J
Source: Public Records

Range of Values:

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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
Maddy Duane A $140,000 None Available
Grube Joel A $155,750 Title Excellence
Blake Charles E $26,666 --
Popa Leonard J $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddy Duane A $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $140,000 -12.4% --
08/01/2018 08/01/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $159,900 -- --
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 $8,687 $941,200 $190,000 $751,200
2024 $7,541 $791,467 $0 $0
2023 $6,114 $641,733 $0 $0
2022 $4,688 $492,000 $160,000 $332,000
2021 $4,632 $483,967 $0 $0
2020 $1,352 $475,933 $0 $0
2019 $1,352 $141,900 $141,900 $0
2018 $1,266 $134,267 $0 $0
2017 $1,127 $126,633 $0 $0
2016 -- $119,000 $0 $0
2015 $1,296 $119,000 $0 $0
2014 $1,296 $119,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001560964

Bright MLS

APN: 10-019516