NOT LISTED FOR SALE

12416 Snug Harbor Rd Berlin, MD 21811

Estimated Value: $1,224,000 - $2,499,586

0.22 Acres
$8,822,100 Price per Acre
9,400 Sq Ft Lot

Sale Details

Date Sold: September 11, 2020

Last sale price $510,000 $217 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $11,644 / mo

2 Days on Market

Highlights

  • No HOA
  • Ocean City Elementary School Rated A
  • Heating Available

About This Lot

As of September 2020

This large bayfront lot is ready for you to build your dream home with southern exposure, views galore and a boat ramp. Just minutes from the inlet! The house shown on the aerial view has been removed.

Last Agent to Sell the Property

David Dypsky

(410) 213-7040 crystalrhoadrealtor@gmail.com Newport Bay Realty Listed on: 06/10/2020

Last Buyer's Agent

Jay Phillips

(410) 524-7700 jmilko@holidayoc.com Holiday Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,135

Lot Details

  • 9,400 Sq Ft Lot
  • Property is zoned R-2

Schools

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

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 10-020824

Property Details

Property Type

Land

Est. Annual Taxes

$5,135

Lot Details

9,400 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 58.50

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Private

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9400.00
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5398863
  • Tax Annual Amount: 5135.00
  • Assessor Parcel Number: 10-020824
  • Tax Lot: 42
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 11, 2020
Sold by
Bought by
Seller's Agent
David Dypsky
Newport Bay Realty
Buyer's Agent
Jay Phillips
Holiday Real Estate
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Current Estimated Value
$1,940,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,430,862
Avg. Annual Appreciation
25.86%
Original Mortgage
$260,000
Outstanding Balance
$215,020
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,725,842

Purchase Details

Closed on
Oct 22, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 None Available
$200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,000
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $510,000 -7.3% $217 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $549,900 -- $234 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,926 $1,654,900 $527,200 $1,127,700
2024 $13,861 $1,525,600 $0 $0
2023 $13,364 $1,396,300 $0 $0
2022 $5,015 $520,100 $513,200 $6,900
2021 $5,195 $536,600 $527,200 $9,400
2020 $5,195 $536,600 $527,200 $9,400
2019 $6,468 $672,600 $527,200 $145,400
2018 $6,401 $672,600 $527,200 $145,400
2017 $3,741 $672,600 $0 $0
2016 $3,681 $682,300 $0 $0
2015 $2,684 $570,567 $0 $0
2014 $2,684 $458,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Dypsky

    Seller's Agent in 2020

    David Dypsky

    Newport Bay Realty

    (410) 213-7040

    51 Total Sales

    David Dypsky
    Section Image
  • Jay Phillips

    Buyer's Agent in 2020

    Jay Phillips

    Holiday Real Estate

    (410) 726-8631

    119 Total Sales

    Jay Phillips
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO114352

Bright MLS

APN: 10-020824

Maryland Worcester County Berlin 21811

12416 Snug Harbor Rd, Berlin, MD

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