NOT LISTED FOR SALE

129 Pine Forest Dr Ocean Pines, MD 21811

Estimated Value: $640,000 - $760,000

0.21 Acre
$3,383,581 Price per Acre
8,988 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $81,000

Est. 766% increase in value since last sale

Current estimated payment $4,322/month

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Bar or Lounge
  • Clubhouse

About This Lot

As of September 2021

Water View Lot in Ocean Pines finest community The Point. Perfect Lot for building with possible front yard water views and backyard views of The Point Pond and Fountain. With limited land left and rare water views, this lot could be the site for your new dream home. Enjoy what Ocean Pines has to offer including a Yacht Club, Swimming Pools, Golf Course, Community Center, Beach Club on the Ocean, Boat Ramps and Marinas, Playgrounds, Dog Park, Racket Center with Tennis, Community Police and Fire Department.

Last Agent to Sell the Property

Joel Feldman

(941) 979-0271 joelfrealtor@gmail.com Martz and Associates Real Estate LLC Listed on: 10/21/2020

Last Buyer's Agent

Donna Frankowski

(973) 780-7212 donna@shamrockrealty.com ERA Martin Associates, Shamrock Division

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $506

Lot Details

  • 8,988 Sq Ft Lot
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $111 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 03-146065

Community Details

Overview

  • Association fees include common area maintenance, reserve funds
  • Ocean Pines Association

Amenities

  • Common Area
  • Clubhouse
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available

Property Details

Property Type

Land

Est. Annual Taxes

$506

Lot Details

0

HOA Fees

$111 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Water View Lot in Ocean Pines finest community The Point. Perfect Lot for building with possible front yard water views and backyard views of The Point Pond and Fountain. With limited land left and rare water views, this lot could be the site for your new dream home. Enjoy what Ocean Pines has to offer including a Yacht Club, Swimming Pools, Golf Course, Community Center, Beach Club on the Ocean, Boat Ramps and Marinas, Playgrounds, Dog Park, Racket Center with Tennis, Community Police and Fire Department.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 10.35
  • Street Number Modifier: 129

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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1336.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach Club, Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Golf Course Membership Available, Marina/Marina Club, Pool - Outdoor, Pool - Indoor, Pool Mem Avail, Recreational Center, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8988.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5390501
  • Tax Annual Amount: 506.00
  • Assessor Parcel Number: 03-146065
  • Tax Lot: 56
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/24/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Sep 24, 2021
Sold by
Zingale Thomas B and Zingale Rhoda C
Bought by
Bentley Peter T and Bentley Holly L
Seller's Agent
Joel Feldman
Martz and Associates Real Estate LLC
Buyer's Agent
Donna Frankowski
ERA Martin Associates, Shamrock Division
List Price
$99,900
Sold Price
$81,000
Premium/Discount to List
-$18,900
-18.92%
Current Estimated Value
$701,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,424
Avg. Annual Appreciation
70.28%

Purchase Details

Closed on
Aug 30, 2001
Sold by
T Mattie Homes Builders Inc
Bought by
Zingale Thomas B and Zingale Rhoda C
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
Bentley Peter T $81,000 Real Estate Title And Escrow
Zingale Thomas B $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zingale Thomas B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $81,000 -12.9% --
08/24/2021 08/24/21 Price Changed $93,000 -2.1% --
04/23/2021 04/23/21 Price Changed $95,000 -4.9% --
10/21/2020 10/21/20 For Sale $99,900 -- --
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 $6,046 $655,067 $0 $0
2024 $5,882 $617,400 $121,900 $495,500
2023 $853 $89,567 $0 $0
2022 $679 $71,233 $0 $0
2021 $506 $52,900 $52,900 $0
2020 $504 $52,900 $52,900 $0
2019 $506 $52,900 $52,900 $0
2018 $546 $57,900 $57,900 $0
2017 $454 $52,900 $0 $0
2016 -- $47,900 $0 $0
2015 $1,102 $42,900 $0 $0
2014 $1,102 $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO117854

Bright MLS

APN: 03-146065