NOT LISTED FOR SALE

1403 N Chase Ln Berlin, MD 21811

Estimated Value: $91,444 - $290,000

0.27 Acre
$544,856 Price per Acre
11,761 Sq Ft Lot

Last Sold December 07, 2018

Last sale price $53,000

Est. 178% increase in value since last sale

Current estimated payment $921/month

268 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 December 2018

Build your dream home on this 0.27 Acre Lot in the Ocean Pines Community, Colonial Village. Nestled on a quiet cul-de-sac, live close to the Cove restaurant, outdoor pool, marina, & scenic coastal wildlife. OWNER IS ALSO SELLING DEEDED BOAT SLIP #D4 AT PINES POINT MARINA, OCEAN PINES: 46' deed boat slip in Pines Point Marina MLS# 1001557222, sold separately from this lot. Buy LOT 41 & live .5+/- miles away from your boat, marina, & entertainment.

Last Agent to Sell the Property

Michael Nolen

(410) 390-2032 michael@myrealestatespot.com Coldwell Banker Realty License #642353 Listed on: 02/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Bray

(302) 537-2616 stephanie.bray@penfedrealty.com BHHS PenFed Realty-Ocean Pines License #TREND:60052772

BHHS PenFed Realty-Ocean Pines

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $819

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned B2, B2

HOA Fees

  • $77 Monthly HOA Fees

Location

  • Flood Risk

Schools

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

Utilities

  • Not Applied For Permit
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 144941

Community Details

Overview

  • Ocean Pines Association
  • Ocean Pines Colonial Village 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

$819

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.18

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, Not Applied For Permit
  • Municipal Trash: No

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 Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11974.00
  • Possible Use: Residential
  • Zoning: B2
  • Zoning Description: B2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5390401
  • Tax Annual Amount: 819.16
  • Assessor Parcel Number: 144941
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Buber Michael
Bought by
Thornburg Matthew and Thornburg Summer
Current Estimated Value
$147,111

Purchase Details

Listed on
Feb 2, 2018
Closed on
Dec 7, 2018
Sold by
Demartino Edward and Demartino Donna
Bought by
Buber Michael
Seller's Agent
Michael Nolen
Coldwell Banker Realty
Buyer's Agent
Stephanie Bray
BHHS PenFed Realty-Ocean Pines
List Price
$69,000
Sold Price
$53,000
Premium/Discount to List
-$16,000
-23.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Horr Steven L and Horr Doris R.
Bought by
Demartino Edward and Demartino Donna Demartino

Purchase Details

Closed on
Dec 22, 1999
Sold by
Breocean Pines Llc
Bought by
Horr Steven L and Horr Doris R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thornburg Matthew $59,000 Resort Land T&E Llc
Buber Michael $53,000 Capitol Title Ins Agency
Demartino Edward $119,600 --
Horr Steven L $46,350 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $53,000 -14.5% --
10/29/2018 10/29/18 Pending -- -- --
05/21/2018 05/21/18 Price Changed $62,000 -10.1% --
02/02/2018 02/02/18 For Sale $69,000 -- --
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 $857 $92,833 $0 $0
2024 $824 $86,500 $86,500 $0
2023 $824 $86,500 $86,500 $0
2022 $824 $86,500 $86,500 $0
2021 $828 $86,500 $86,500 $0
2020 $828 $86,500 $86,500 $0
2019 $828 $86,500 $86,500 $0
2018 $816 $86,500 $86,500 $0
2017 $819 $86,500 $0 $0
2016 -- $86,500 $0 $0
2015 $777 $86,500 $0 $0
2014 $777 $86,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Nolen

    Seller's Agent in 2018

    Michael Nolen

    Coldwell Banker Realty

    (410) 390-2032

    1 in this area

    25 Total Sales

    Michael Nolen
    Section Image

  • S

    Buyer's Agent in 2018

    Stephanie Bray

    BHHS PenFed Realty-Ocean Pines

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001559720

Bright MLS

APN: 03-144941

Maryland Worcester County Berlin 21811

1403 N Chase Ln, Berlin, MD

Not Listed for Sale

Lots

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