NOT LISTED FOR SALE

15 Beach Ct Ocean Pines, MD 21811

Estimated Value: $799,000 - $1,015,000

0.34 Acre
$2,676,259 Price per Acre
14,810 Sq Ft Lot

Last Sold January 16, 2015

Last sale price $170,000

Est. 435% increase in value since last sale

Current estimated payment $5,277/month

164 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Canal View
  • Cul-De-Sac
  • Showell Elementary School Rated A-
  • Wooded Lot

About This Lot

As of January 2015

REDUCED!! Approx. 125' bulkhead water frontage!! Located at the end of a quit cul-de-sac with direct river view and bay access with NO BRIDGE to go under!! Wooded waterfront in a beautiful established neighborhood in Teal Bay. Motivated Sellers.

Last Agent to Sell the Property

Donna Harrington

(443) 783-3521 thgleads@outlook.com Coldwell Banker Realty License #RS-0019461 Listed on: 05/06/2014

Coldwell Banker Realty

Last Buyer's Agent

Debbie Hileman

(443) 235-5982 debbie@hilemanrealestate.com Hileman Real Estate-Berlin

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot
  • 125 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $112 Monthly HOA Fees

Schools

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

Additional Features

  • Canal Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number 054071

Community Details

Overview

  • Ocean Pines Teal Bay Subdivision

Recreation

  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$112 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

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Water Sewer Expenses: 748.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1338.00
  • HOA Fee Frequency: Annually
  • 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

  • Lot Features: Bulkheaded, Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.34
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 054071
  • Tax Lot: 209
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2014
Closed on
Jan 16, 2015
Sold by
Contino Fortunato J and Contino Deborah F
Bought by
Ohrwashel Michael B and Ohrwashel Monique T
Seller's Agent
Donna Harrington
Coldwell Banker Realty
Buyer's Agent
Debbie Hileman
Hileman Real Estate-Berlin
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$909,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,928
Avg. Annual Appreciation
16.44%
Original Mortgage
$396,000
Outstanding Balance
$305,475
Interest Rate
3.81%
Mortgage Type
Construction
Estimated Equity
$604,453

Purchase Details

Closed on
Mar 11, 1998
Sold by
Mcfadden Edward C and Mcfadden Nancy L
Bought by
Contino Fortunato J Jr and Contino Fortunato J Jr Deborah F

Purchase Details

Closed on
Jun 17, 1981
Sold by
Fullarton David C
Bought by
Fullarton David C and Fullarton Dorothy
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
Ohrwashel Michael B $170,000 Maryland Title Service
Contino Fortunato J Jr $110,000 --
Fullarton David C $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohrwashel Michael B $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Pending -- -- --
01/16/2015 01/16/15 Sold $170,000 -5.5% --
05/09/2014 05/09/14 For Sale $179,900 -- --
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 $5,442 $698,933 $0 $0
2024 $5,402 $632,400 $187,900 $444,500
2023 $5,227 $598,800 $0 $0
2022 $5,057 $565,200 $0 $0
2021 $4,912 $531,600 $185,700 $345,900
2020 $4,762 $510,233 $0 $0
2019 $4,616 $488,867 $0 $0
2018 $4,392 $467,500 $180,700 $286,800
2017 $4,376 $462,100 $0 $0
2016 $4,325 $456,700 $0 $0
2015 $1,712 $166,700 $0 $0
2014 $1,712 $166,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000861986

Bright MLS

APN: 03-054071