NOT LISTED FOR SALE

127 Pinehurst Rd Berlin, MD 21811

Estimated Value: $382,000 - $389,000

0.22 Acre
$1,752,286 Price per Acre
9,583 Sq Ft Lot

Last Sold September 04, 2013

Last sale price $35,000 $27 Per Sq Ft

Est. 1,001% increase in value since last sale

Current estimated payment $2,392/month

20 Days on Market

Highlights

  • Boat Ramp
  • Golf Course Community
  • Clubhouse
  • Showell Elementary School Rated A-
  • Private Beach Club
  • Wooded Lot

About This Lot

As of September 2013

Well-priced wooded lot that backs up to Beauchamp Road and offers views of the old golf course. Convenient North Ocean Pines location and within walking distance to one of the nicest, lesser known parks (complete with freshwater bass fishing pond!!) in the Pines! Seller is very motivated!

Last Agent to Sell the Property

Joel Maher

Coldwell Banker Realty Listed on: 06/04/2013

Coldwell Banker Realty

Last Buyer's Agent

Ed Balcerzak

Berkshire Hathaway HomeServices PenFed Realty-WOC

Berkshire Hathaway HomeServices PenFed Realty-WOC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,123

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x150x65x150
  • Wooded Lot
  • Zoning described as R2

HOA Fees

  • $76 Monthly HOA Fees

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 054144

Community Details

Recreation

  • Boat Ramp
  • Pier or Dock
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$2,123

Lot Details

0

HOA Fees

$76 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
  • Special Features: None

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
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Sewer Expenses: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 914.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • 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: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.22
  • Lot Dimensions: 65x150x65x150
  • Possible Use: Residential
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5382484
  • Assessor Parcel Number: 054144
  • Tax Lot: 48
  • County Tax Payment Frequency: Annually
  • Close Date: 09/04/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2016
Sold by
Gill Peter J and Blackway Kimberly R
Bought by
Drabik Brett Michael
Current Estimated Value
$385,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,161
Outstanding Balance
$181,312
Interest Rate
3.66%
Mortgage Type
VA
Estimated Equity
$208,795

Purchase Details

Closed on
May 12, 2014
Sold by
J&V Co Of Oc Llc
Bought by
Gill Peter J and Blackway Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,075
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2014
Sold by
Ferraro Theodore A
Bought by
J&V Co Of Oc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,075
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2013
Closed on
Sep 4, 2013
Sold by
Ferraro Theodore A
Bought by
J&V Co Of Oc Llc
Seller's Agent
Joel Maher
Coldwell Banker Realty
Buyer's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Fulton Edwin Cockey
Bought by
Fulton Edwin Cockey
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Drabik Brett Michael $217,000 Lux Real Estate Title
Gill Peter J $208,500 Resort Land Title & Escrow L
J&V Co Of Oc Llc -- None Available
J&V Co Of Oc Llc $35,000 None Available
Fulton Edwin Cockey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drabik Brett Michael $224,161
Previous Owner Gill Peter J $198,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2013 09/04/13 Sold $35,000 -12.3% $27 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $39,900 -- $30 / 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
2024 $2,123 $280,200 $82,200 $198,000
2023 $2,043 $253,067 $0 $0
2022 $1,966 $225,933 $0 $0
2021 $1,903 $198,800 $67,300 $131,500
2020 $1,884 $196,833 $0 $0
2019 $1,838 $194,867 $0 $0
2018 $1,739 $192,900 $62,300 $130,600
2017 $1,715 $184,167 $0 $0
2016 $1,661 $175,433 $0 $0
2015 $606 $166,700 $0 $0
2014 $606 $166,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000861572

Bright MLS

APN: 03-054144