NOT LISTED FOR SALE

13 Stacy Ct Ocean Pines, MD 21811

Estimated Value: $1,103,000 - $1,305,000

0.26 Acre
$4,516,569 Price per Acre
11,326 Sq Ft Lot

Last Sold July 31, 2015

Last sale price $230,000

Est. 411% increase in value since last sale

Current estimated payment $6,858/month

Highlights

  • Marina
  • Private Dock Site
  • Home fronts navigable water
  • Showell Elementary School Rated A-
  • Water Views
  • 1-minute walk to Isle Of Wight Nature Park

About This Lot

As of July 2015

Right on the Water. One of the last lots available in Terns Landing. Newer 65 foot bulkhead, no bulkhead fee.. Easy access to the bay and ocean. Owner has Survey and Site plan available.

Last Agent to Sell the Property

Gwyn Webb

(240) 793-7160 GWYNWEBB@MRIS.COM Samson Properties License #517984 Listed on: 04/17/2014

Samson Properties

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,161

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • Cleared Lot
  • The property's topography is level
  • No Building Permits
  • Property is zoned R-3

HOA Fees

  • $78 Monthly HOA Fees

Additional Features

  • Water Views
  • Public Hookup Available For Water

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number 2403131114

Community Details

Overview

  • $18 Other Monthly Fees
  • The community has rules related to building or community restrictions, covenants, no recreational vehicles, boats or trailers

Amenities

  • Community Center

Recreation

  • Marina
  • Beach
  • Golf Course Membership Available
  • Pool Membership Available
  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Property near a bay
  • Bulkhead
  • Private Dock Site
  • Dock Against Bulkhead
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$2,161

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 21.80

Exterior Features

  • Dock Type: Against Bulkhead Only (Lateral)
  • Road Surface Type: Black Top
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: SAINT MARTIN RIVER/ ISLE OF WHITE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 933.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Golf Course Membership Available, Marina/Marina Club, Pool Mem Avail, Community Center
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Building Restrictions, Covenants, Rv/Boat/Trail
  • HOA: Yes

Fee Information

  • Other Fees: 55.00
  • Other Fees Frequency: Quarterly

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.26
  • Lot Size Area: 11375
  • Lot Dimensions: LotWidth:65 X LotDepth:120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11375.00
  • Possible Use: Residential
  • Topography: Level
  • Year Assessed: 2011
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 5389259
  • Tax Annual Amount: 2160.73
  • Assessor Parcel Number: 2403131114
  • Tax Lot: 172
  • Tax Year: 2010
  • Close Date: 07/31/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 31, 2015
Sold by
Deckert Guy W
Bought by
Lynch John J and Lynch Erin J
Seller's Agent
Gwyn Webb
Samson Properties
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$274,000
Sold Price
$230,000
Premium/Discount to List
-$44,000
-16.06%
Current Estimated Value
$1,174,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,308
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
Jun 27, 1991
Sold by
Flowers James R
Bought by
Deckert Guy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
9.65%

Purchase Details

Closed on
Oct 18, 1989
Sold by
Solgar Co Inc
Bought by
Flowers James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
9.95%
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
Lynch John J $230,000 Title Resources Guaranty Co
Deckert Guy W $72,000 --
Flowers James R $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deckert Guy W $51,800
Previous Owner Flowers James R $59,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $230,000 -16.1% --
07/06/2015 07/06/15 Pending -- -- --
04/17/2014 04/17/14 For Sale $274,000 -- --
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 $6,651 $785,767 $0 $0
2024 $6,651 $698,100 $240,600 $457,500
2023 $6,616 $694,367 $0 $0
2022 $6,580 $690,633 $0 $0
2021 $6,574 $686,900 $240,600 $446,300
2020 $6,574 $686,900 $240,600 $446,300
2019 $6,574 $686,900 $240,600 $446,300
2018 $6,481 $687,400 $240,600 $446,800
2017 $1,972 $208,267 $0 $0
2016 -- $189,933 $0 $0
2015 $2,142 $171,600 $0 $0
2014 $2,142 $171,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001803166

Bright MLS

APN: 03-131114