NOT LISTED FOR SALE

157 Teal Cir Ocean Pines, MD 21811

Estimated Value: $254,000 - $520,000

0.17 Acre
$2,106,153 Price per Acre
7,400 Sq Ft Lot

Last Sold June 01, 2017

Last sale price $165,000

Est. 117% increase in value since last sale

Current estimated payment $2,132/month

300 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Home fronts navigable water
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Water Access

About This Lot

As of June 2017

Waterfront lot overlooking beautiful Teal Bay with some river views. No bridges easy access to bay & ocean. Awaiting your dream waterfront home. 50ft of bulk-heading, lot is partially cleared. Bulkhead was replaced in 2016. Shed on property is to be removed. Terrific price for this lot!

Last Agent to Sell the Property

Gail Dieman Clagett

noreply@brightmls.cominactive Coldwell Banker Residential - Berlin Listed on: 06/05/2016

Last Buyer's Agent

Bethany Drew

(410) 430-2602 bethany@po2team.com Hileman Real Estate-Berlin License #RS0015490

Property Details

Property Type

  • Land

Lot Details

  • 7,400 Sq Ft Lot
  • Home fronts navigable water
  • Zoning described as R3

HOA Fees

  • $116 Monthly HOA Fees

Schools

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

Additional Features

  • Canal Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 252
  • Assessor Parcel Number 071073

Community Details

Overview

  • Ocean Pines Association, Inc. HOA
  • Ocean Pines Teal Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Water Access
  • Property is near a canal
  • Bulkhead
  • Dock Against Bulkhead

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$116 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: 24.19

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1386.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Name: OCEAN PINES ASSOCIATION, INC.
  • 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
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7400.00
  • Possible Use: Residential
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5384017
  • Assessor Parcel Number: 071073
  • Tax Lot: 252
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Vaughn Harold L
Bought by
Vaughn Harold L and Vaughn Anne M
Current Estimated Value
$358,046

Purchase Details

Listed on
Jun 5, 2016
Closed on
Jun 1, 2017
Sold by
Barrick Sandra C
Bought by
Vaughn Harold L
Seller's Agent
Gail Dieman Clagett
Coldwell Banker Residential - Berlin
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$230,000
Sold Price
$165,000
Premium/Discount to List
-$65,000
-28.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Oct 31, 1986
Sold by
J J & J Development Corporation
Bought by
Canadas Antonio L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.89%

Purchase Details

Closed on
Nov 16, 1984
Sold by
Merton Adrian Leslie
Bought by
J J & J Development Corporation
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
Vaughn Harold L -- None Available
Vaughn Harold L $165,000 Maryland Title Service
Canadas Antonio L $46,000 --
J J & J Development Corporation $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canadas Antonio L $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $165,000 -28.3% --
05/21/2017 05/21/17 Pending -- -- --
06/05/2016 06/05/16 For Sale $230,000 -- --
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 $1,590 $172,300 $0 $0
2024 $1,580 $165,800 $165,800 $0
2023 $1,578 $165,600 $0 $0
2022 $1,576 $165,400 $0 $0
2021 $1,581 $165,200 $165,200 $0
2020 $1,555 $164,200 $0 $0
2019 $1,562 $163,200 $0 $0
2018 $1,529 $162,200 $162,200 $0
2017 $1,504 $160,533 $0 $0
2016 -- $158,867 $0 $0
2015 $1,604 $157,200 $0 $0
2014 $1,604 $157,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gail Dieman Clagett

    Coldwell Banker Residential - Berlin

  • Bethany Drew

    Buyer's Agent in 2017

    Bethany Drew

    Hileman Real Estate-Berlin

    (410) 430-2602

    161 in this area

    454 Total Sales

    Bethany Drew
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Map

Source: Bright MLS

MLS Number: 1001772104

Bright MLS

APN: 03-071073

Maryland Worcester County Ocean Pines 21811

157 Teal Cir, Ocean Pines, MD

Not Listed for Sale

Lots

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