Seller's Agent in 2020
Nancy Reither
Coldwell Banker Realty
(410) 603-5050
16 in this area
295 Total Sales
12527 Ocean Reef Dr Berlin, MD 21811
West Ocean City NeighborhoodEstimated Value: $940,000 - $1,299,000
6
Beds
4.5
Baths
4,567
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Gourmet Kitchen
- Open Floorplan
- Ocean City Elementary School Rated A
- 1.6 Acre Lot
- Deck
About This Home
As of September 2020Stunning coastal 6BR/4.5BA home hits the market in the exclusive neighborhood of Ocean Reef in highly desirable west Ocean City! This dream home is on 1.6 acres with a custom saltwater pool with waterfall. The setting is perfect for entertaining family and friends. Relax by the pool in the summer or sit by the large custom outdoor fireplace in the fall, and there is a large deck off the kitchen for crab feasts and barbeques. The outdoor space truly makes this home a private oasis. As you walk through the front door of this luxurious home you will immediately love the open floor plan. The dining area flows to the kitchen and breakfast area, and then into the family room. The chef in your family is sure to love the fabulous gourmet kitchen with upgrades, including granite counter tops, custom cabinets, large center island, and custom lighting and flooring. The family room is spacious and you will love its ambience while relaxing by the gas fireplace in the fall and winter. There is a dining area off the family room as well for family get togethers. On the first floor there is also a spacious bedroom with large custom bath perfect as an in-law suite or first floor guest suite. On the 2nd floor you will find a luxurious master suite like no other! The oversized master suite comes complete with another gas fireplace, sitting area, custom bath retreat and custom his and her closets. The additional bedrooms and baths are all large making this the perfect home for your family. Additional features in this home include: oversized 3 car garage, hardwood floors, custom tile floors, crown molding, custom window treatments, built-ins, outside shower, and the list goes on and on. This home is approximately 1.5 miles to the Ocean City beach, less than 6 miles to 6 golf courses, 1 mile to the Ocean City airport, 10.5 miles to Assateague Island, 1.5 miles to Sunset Marina, and less than 2 miles to fabulous restaurants and shopping . You and your family and friends are sure to make memories to last a lifetime here! Come take a look today before this incredible home is SOLD!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,321
Year Built
- Built in 2002
Lot Details
- 1.6 Acre Lot
- Sprinkler System
- Wooded Lot
- Property is in excellent condition
- Property is zoned R-5
HOA Fees
- $50 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- 7 Driveway Spaces
- Side Facing Garage
- Off-Street Parking
Home Design
- Contemporary Architecture
- Block Foundation
- Frame Construction
- Asphalt Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 4,567 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Chair Railings
- Crown Molding
- Wainscoting
- 2 Fireplaces
- Screen For Fireplace
- Gas Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Family Room Off Kitchen
- Combination Kitchen and Living
- Dining Area
- Fire Sprinkler System
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
- Laundry Chute
Pool
- In Ground Pool
- Saltwater Pool
- Outdoor Shower
Outdoor Features
- Deck
- 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
- Heat Pump System
- Tankless Water Heater
- Cable TV Available
Community Details
- Ocean Reef Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 10-373344
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2020
Closed on
Sep 15, 2020
Sold by
Ruddo John P and Ruddo Stephanie B
Bought by
Carey Blair Richard and Carey Sara
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Nancy Reither
Coldwell Banker Residential Brokerage
List Price
$719,900
Sold Price
$719,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,737
Avg. Annual Appreciation
8.68%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$636,718
Purchase Details
Closed on
Aug 20, 1999
Sold by
Ocean Reef Inc
Bought by
Ruddo John R and Ruddo Stephanie B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carey Blair Richard | $719,900 | Mid Atlantic T&E Co Inc | |
| Ruddo John R | $74,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carey Blair Richard | $510,400 | |
| Previous Owner | Ruddo John P | $100,000 | |
| Previous Owner | Ruddo John P | $580,000 | |
| Previous Owner | Ruddo John P | $100,000 | |
| Previous Owner | Ruddo John P | $585,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2020 09/15/20 | Sold | $719,900 | 0.0% | $158 / Sq Ft |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- |
| 07/24/2020 07/24/20 | For Sale | $719,900 | -- | $158 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,713 | $873,600 | $256,500 | $617,100 |
| 2024 | $5,713 | $767,733 | $0 | $0 |
| 2023 | $5,500 | $661,867 | $0 | $0 |
| 2022 | $5,297 | $556,000 | $126,900 | $429,100 |
| 2021 | $5,321 | $556,000 | $126,900 | $429,100 |
| 2020 | $5,352 | $556,000 | $126,900 | $429,100 |
| 2019 | $5,375 | $561,700 | $144,700 | $417,000 |
| 2018 | $5,229 | $556,133 | $0 | $0 |
| 2017 | $5,161 | $550,567 | $0 | $0 |
| 2016 | $5,161 | $545,000 | $0 | $0 |
| 2015 | $4,048 | $545,000 | $0 | $0 |
| 2014 | $4,048 | $545,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Reither
Map
Source: Bright MLS
MLS Number: MDWO115022
APN: 10-373344
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