NOT LISTED FOR SALE

131 Seafarer Ln Berlin, MD 21811

Estimated Value: $489,674 - $556,000

0.22 Acre
$2,399,632 Price per Acre
9,629 Sq Ft Lot

Last Sold October 15, 2015

Last sale price $46,000

Est. 1,048% increase in value since last sale

Current estimated payment $3,189/month

10 Days on Market

Highlights

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

About This Lot

As of October 2015

Nice Wooded building lot just inside the North Gate of Ocean Pines. Enjoy all of Ocean Pines Amenities. Just mins from Ocean City!

Last Agent to Sell the Property

Ryan Haley

Atlantic Shores Sotheby's International Realty License #580256 Listed on: 07/26/2015

Atlantic Shores Sotheby's International 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

  • $3,091

Lot Details

  • 9,629 Sq Ft Lot
  • Wooded Lot
  • Zoning described as R2

HOA Fees

  • $77 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 600
  • Assessor Parcel Number 058913

Community Details

Overview

  • Ocean Pines Huntington Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,091

Lot Details

0

HOA Fees

$77 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: Nice Wooded building lot just inside the North Gate of Ocean Pines. Enjoy all of Ocean Pines Amenities. Just mins from Ocean City!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.18
  • Street Number Modifier: 131

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 Source: Public

Condo/Co-op/Association

  • HOA Fees: 921.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • 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 Size Units: Square Feet
  • Lot Sq Ft: 9629.00
  • Possible Use: Residential
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5382917
  • Assessor Parcel Number: 058913
  • Tax Lot: 600
  • County Tax Payment Frequency: Annually
  • Close Date: 10/15/2015

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2017
Sold by
Sekace Homes Llc
Bought by
Padgett Gary A and Padgett Regina A
Current Estimated Value
$527,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,720
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2015
Closed on
Oct 15, 2015
Sold by
Heffneriii Geroge R
Bought by
Sekace Homes Llc
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.93%
Original Mortgage
$38,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2008
Sold by
Heffner Frances M
Bought by
Heffner George R and Heffner For Life Frances M

Purchase Details

Closed on
Jul 30, 2008
Sold by
Heffner Frances M
Bought by
Heffner George R and Heffner For Life Frances M

Purchase Details

Closed on
Jan 7, 2002
Sold by
Heffner George R
Bought by
Heffner Frances M and Revocable Trust U/A/D
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
Padgett Gary A $287,700 Lakeside Title Co
Sekace Homes Llc $46,000 None Available
Heffner George R -- --
Heffner George R -- --
Heffner Frances M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padgett Gary A $229,720
Previous Owner Sekace Homes Llc $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $46,000 -7.8% --
09/28/2015 09/28/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $49,900 -- --
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 $3,091 $406,233 $0 $0
2024 $3,091 $379,000 $82,100 $296,900
2023 $2,980 $349,467 $0 $0
2022 $2,871 $319,933 $0 $0
2021 $2,778 $290,400 $67,300 $223,100
2020 $2,697 $282,133 $0 $0
2019 $2,618 $273,867 $0 $0
2018 $2,484 $265,600 $62,300 $203,300
2017 $2,484 $262,267 $0 $0
2016 -- $41,633 $0 $0
2015 -- $38,300 $0 $0
2014 $622 $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Haley

    Seller's Agent in 2015

    Ryan Haley

    Atlantic Shores Sotheby's International Realty

    (443) 880-8078

    72 in this area

    392 Total Sales

    Ryan Haley
    Section Image
  • Ed Balcerzak

    Buyer's Agent in 2015

    Ed Balcerzak

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 497-4746

    50 in this area

    200 Total Sales

    Ed Balcerzak
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000862616

Bright MLS

APN: 03-058913

Maryland Worcester County Berlin 21811

131 Seafarer Ln, Berlin, MD

This home is located at 131 Seafarer Ln, Berlin, MD 21811 since 26 July 2015 and is currently estimated at $527,919. 131 Seafarer Ln is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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