NOT LISTED FOR SALE

12519 Ocean Reef Dr Berlin, MD 21811

West Ocean City Neighborhood

Estimated Value: $576,000 - $1,055,000

0.45 Acre
$1,793,740 Price per Acre
19,602 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $90,000 $30 Per Sq Ft

Est. 797% increase in value since last sale

Current estimated payment $4,792/month

Highlights

  • Pond View
  • 0.45 Acre Lot
  • Wooded Lot
  • Ocean City Elementary School Rated A

About This Lot

As of September 2016

LEAST EXPENSIVE ESTATE SIZE LOT IN OCEAN REEF. Lot 38. Beautiful pond side lot with expansive marsh views. This is an Estate Size lot with options to build home near the street or down a long driveway closer to the views. Each home is a masterpiece in this beautiful community of custom homes. Just minutes from beaches, marinas, golf, restaurants, Assateague Island and the quaint town of Berlin. Don't miss the opportunity to build your dream home in this great community. Lot/Home packages available on this lot.

Last Agent to Sell the Property

Maryellen Rosenblit

(410) 430-9522 maryellen.rosenblit@cbmove.com Coldwell Banker Realty Listed on: 09/27/2010

Coldwell Banker Realty

Last Buyer's Agent

Maryellen Rosenblit

(410) 430-9522 maryellen.rosenblit@cbmove.com Coldwell Banker Realty Listed on: 09/27/2010

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,513

Lot Details

  • 0.45 Acre Lot
  • Wooded Lot
  • Property is zoned R-5

HOA Fees

  • $53 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

Community Details

  • Orha HOA
  • Ocean Reef Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 373352

Property Details

Property Type

Land

Est. Annual Taxes

$5,513

Lot Details

0

HOA Fees

$53 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: LEAST EXPENSIVE ESTATE SIZE LOT IN OCEAN REEF. Lot 38. Beautiful pond side lot with expansive marsh views. This is an Estate Size lot with options to build home near the street or down a long driveway closer to the views. Each home is a masterpiece in this beautiful community of custom homes. Just minutes from beaches, marinas, golf, restaurants, Assateague Island and the quaint town of Berlin. Don't miss the opportunity to build your dream home in this great community. Lot/Home packages available on this lot.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.08
  • Street Number Modifier: 12519

Exterior Features

  • Construction Completed: No
  • View: Pond
  • 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: 630.00
  • HOA Fee Frequency: Annually
  • HOA Name: ORHA
  • 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 Description: Pond Side
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19489.00
  • Possible Use: Residential
  • Zoning: R-5
  • Zoning Description: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5428109
  • Assessor Parcel Number: 373352
  • Tax Lot: 38
  • County Tax Payment Frequency: Annually
  • Close Date: 09/15/2016

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2010
Closed on
Sep 15, 2016
Sold by
Bay Breeze Homes Llc
Bought by
Wheeler Mark C and Wheeler Nina J
Seller's Agent
Maryellen Rosenblit
Coldwell Banker Realty
Buyer's Agent
Maryellen Rosenblit
Coldwell Banker Realty
List Price
$249,000
Sold Price
$90,000
Premium/Discount to List
-$159,000
-63.86%
Current Estimated Value
$807,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,183
Avg. Annual Appreciation
28.72%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Black Brent H and Black Donna M
Bought by
Bay Breeze Homes Llc

Purchase Details

Closed on
Aug 29, 2001
Sold by
Carbine Thomas J
Bought by
Black Brent H

Purchase Details

Closed on
Sep 1, 1999
Sold by
Ocean Reef Inc
Bought by
Carbine Thomas J Sr
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
Wheeler Mark C $90,000 Attorney
Bay Breeze Homes Llc $107,000 --
Black Brent H $75,000 --
Carbine Thomas J Sr $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Black Brent H --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $90,000 -63.9% $30 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
09/26/2010 09/26/10 For Sale $249,000 -- $82 / 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 $5,513 $722,100 $129,400 $592,700
2024 $5,513 $660,267 $0 $0
2023 $5,308 $598,433 $0 $0
2022 $5,113 $536,600 $103,400 $433,200
2021 $5,054 $528,133 $0 $0
2020 $856 $519,667 $0 $0
2019 $861 $90,000 $90,000 $0
2018 $849 $90,000 $90,000 $0
2017 $852 $90,000 $0 $0
2016 -- $119,400 $0 $0
2015 $1,160 $119,400 $0 $0
2014 $1,160 $119,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maryellen Rosenblit

    Seller's Agent in 2016

    Maryellen Rosenblit

    Coldwell Banker Realty

    (410) 430-9522

    1 in this area

    48 Total Sales

    Maryellen Rosenblit
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Map

Source: Bright MLS

MLS Number: 1000860040

Bright MLS

APN: 10-373352

Maryland Worcester County Berlin 21811 West Ocean City

12519 Ocean Reef Dr, Berlin, MD

This home is located at 12519 Ocean Reef Dr, Berlin, MD 21811 since 27 September 2010 and is currently estimated at $807,183, approximately $264 per square foot. 12519 Ocean Reef Dr is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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