NOT LISTED FOR SALE

1405 N Chase St Ocean Pines, MD 21811

Estimated Value: $585,461 - $655,000

3 Beds
2.5 Baths
2,337 Sq Ft
$265/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $587,500 $251 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,663/month

45 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Club
  • Colonial Architecture

About This Home

As of November 2023

Lovely 3 bedroom, 2.5 bath, 2 car detached garage custom home located in the Colonial Village neighborhood of Ocean Pines. Colonial Village offers a unique location with easy access to 2 outdoor pools, full marina and yacht club. with dining and year-round entertainment. 1405 N. Chase Street has lovely curb appeal, with white picket fencing, mature landscaping, brick paver driveway and is located on a small cul-de-sac! The home features a 1st floor primary suite with beautifully updated bath (2017) featuring luxury vinyl plank tile flooring, walk in shower with custom accent tile and niche cutout, soaking tub and large sink vanity. The primary walk-in closet is very spacious/well organized and the additional "shoe closet" is a nice addition. The large eat-in kitchen features a new five -burner Wolf gas stove with popup vent, double wall Wolf ovens (2018), built-in microwave (2020), dishwasher (2019), and new garbage disposal (2018). The kitchen also offers warm cherry wood cabinetry, tile back splash, newer quartz countertops and built in cabinetry with wine storage. The open floor plan of kitchen includes a family room featuring extensive built-in cabinetry to include a desk-space and the cabinets flank the gas fireplace. Back of the house features a den/sunroom for additional living space with vaulted ceiling that overlooks the backyard. There is also the convenience of a large 1st floor laundry room with built in cabinets and a utility sink. A side entrance door leads to a breezeway and 2 car garage. The backyard is cleared and backs to woods, it features brick paver walkway, open deck and garden box. On the 2nd floor you'll find 2 large bedrooms, a shared hall bath and convenient walk-in attic space. Other highlights include a new 50 year architectural roof in 2022, a multi-zone irrigation system, home security alarm system, plenty of closet/storage space, hardwood floors throughout the downstairs (tile in kitchen and baths). dual zone HVAC, plantation shutters and 5 zone irrigation system. Ocean Pines is Worcester County's largest community offering the most extensive amenity package that includes plenty of activities for the outdoor enthusiast! Nature trails, bike trails, boat ramp, marina, basketball courts, tennis club, several tot lots/playgrounds, skate park, 5 pools (1 year-round indoor, 1 oceanfront), Lake for fishing, community center, beach club with bathhouse. JUST 8.9 miles to the beach! (NOTE: Colonial Village has a separate HOA from Ocean Pines, disclosures, by-laws and design guidelines are available upon request).

Last Agent to Sell the Property

Mia McCarthy

(443) 497-0182 mia.mccarthy@kw.com Keller Williams Realty Delmarva Listed on: 08/18/2023

Keller Williams Realty Delmarva

Co-Listed By

Lauren Bunting

(410) 422-9899 lwbunting@comcast.net Keller Williams Realty Delmarva License #581537

Last Buyer's Agent

Karen Oass

(443) 880-5727 karen.oass@longandfoster.com Long & Foster Real Estate, Inc. License #504976

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 2001

Lot Details

  • 9,157 Sq Ft Lot
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned B-2

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Brick Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,337 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Flood Risk

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 2403144933

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, road maintenance, snow removal
  • $150 Other One-Time Fees
  • Ocean Pine HOA
  • Ocean Pines Colonial Village Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Community Library

Recreation

  • Boat Ramp
  • Marina
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Dog Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 2001

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: refrigerator in laundry room
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-18
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Stall Shower, Walk-In Closet(s), Window Treatments
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2337
  • Living Area Sq Ft: 2337
  • Price Per Sq Ft: 256.74
  • Above Grade Finished Sq Ft: 2337
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Gutter System
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 886.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach Club, Bike Trail, Boat Ramp, Common Grounds, Community Center, Dog Park, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Library, Marina/Marina Club, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: OCEAN PINE
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9157.00
  • Property Condition: Excellent
  • Zoning: B-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3213.00
  • Assessor Parcel Number: 2403144933
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 14, 2023
Sold by
Lutz Ann M
Bought by
Schenke Thomas and Schenke Sherri
Seller's Agent
Mia McCarthy
Keller Williams Realty Delmarva
Buyer's Agent
Karen Oass
Long & Foster Real Estate, Inc.
List Price
$635,000
Sold Price
$587,500
Premium/Discount to List
-$47,500
-7.48%
Views
396
Current Estimated Value
$620,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,615
Avg. Annual Appreciation
2.67%
Original Mortgage
$440,625
Outstanding Balance
$432,924
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$187,191

Purchase Details

Closed on
Jul 27, 2000
Sold by
Breocean Pines Llc
Bought by
Lutz Ann M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schenke Thomas $587,500 Community Title Network
Lutz Ann M $48,925 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenke Thomas $440,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $587,500 -2.1% $251 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $600,000 -5.5% $257 / Sq Ft
08/18/2023 08/18/23 For Sale $635,000 -- $272 / 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
2025 $3,923 $425,033 $0 $0
2024 $3,564 $374,100 $100,000 $274,100
2023 $3,235 $354,900 $0 $0
2022 $3,117 $335,700 $0 $0
2021 $3,029 $316,500 $100,000 $216,500
2020 $3,029 $316,500 $100,000 $216,500
2019 $3,029 $316,500 $100,000 $216,500
2018 $3,094 $329,700 $100,000 $229,700
2017 $3,094 $326,733 $0 $0
2016 -- $323,767 $0 $0
2015 -- $320,800 $0 $0
2014 $2,617 $320,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2015690

Bright MLS

APN: 03-144933