Seller's Agent in 2024
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 430-2118
33 in this area
346 Total Sales
16 Alton Point Ocean Pines, MD 21811
Estimated Value: $942,667 - $1,148,000
4
Beds
4
Baths
3,517
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- 26 Feet of Waterfront
- Marina
- 1 Dock Slip
- Showell Elementary School Rated A-
- Boat Ramp
- 3-minute walk to Isle Of Wight Nature Park
About This Home
As of May 2024MAJOR PRICE IMPROVEMENT!!THIS IS AN OPPORTUNITY NOT TO BE MISSED! Terns Landing waterfront beauty! This custom-built Iachetta waterfront home features over 3500 sq feet of luxury. Extensive upgrades were made over the years including a gourmet kitchen remodeled by Groff construction with custom cabinets, stainless appliances including KitchenAid wall oven, granite island with built in cook top and second island for entertaining. Luxury vinyl plank flooring, a two-sided fireplace and a wet bar add to the ambiance and make this a home built for entertaining. The wall of windows looks down the canal and features unobstructive views from your large deck and screened porch. There is a deck on every level of this home to take advantage of every view. There is a downstairs master bedroom and a room that can fulfill any need. Bedroom? Office? There are so many options. Upstairs you will find two additional guest bedrooms (one bedroom is currently being used as a custom closet/dressing room and can be easily converted back to a bedroom) with a jack and jill bath. The large master suite with a wraparound balcony, sitting area, wet bar, two-sided fireplace and master bath with soaking tub and separate shower is set apart and features privacy from the other bedrooms. Head up to the third floor where you will find the best views in the house, a large bonus room for entertaining and full bathroom. This could also be converted to a bedroom easily as well. This room features a third deck with extensive water views, wet bar and a full bath. Home was designed for low maintenance with extensive stone landscaping. The boat slip features an electric boat slip. The current sellers had a 21-foot boat but would hold a larger boat. Additional features include extensive storage options, large side load garage and an outside shower. HVAC units were installed in 2021. Arctic installed and they are pre- treated for salt corrosion. Biannual contract service and serviced 2x per year. With a historical low inventory this type of home does not come along often. Make sure to see this one as soon as possible before its gone! Ocean Pines features a Yacht Club, Beach Club, a new Golf Club, Community Center, plus numerous pools, an indoor pool, tennis courts, playgrounds, dog park, boat ramps and more.
Last Agent to Sell the Property
(410) 430-2118 suzanahoc@aol.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0014975 Listed on: 10/28/2023
Co-Listed By
(443) 783-1483 stephen@cainteamofoc.com Berkshire Hathaway HomeServices PenFed Realty - OP
Last Buyer's Agent
(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,755
Year Built
- Built in 1995 | Remodeled in 2014
Lot Details
- 10,125 Sq Ft Lot
- 26 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
- Landscaped
- Extensive Hardscape
- Cleared Lot
- Property is in excellent condition
- Property is zoned R-3
HOA Fees
- $78 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 5 Driveway Spaces
- Free Parking
- Side Facing Garage
- Garage Door Opener
- Parking Space Conveys
Home Design
- Contemporary Architecture
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3,517 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Central Vacuum
- Partially Furnished
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Gas Fireplace
- Window Treatments
- Sliding Windows
- Window Screens
- Sliding Doors
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Den
- Screened Porch
- Canal Views
- Crawl Space
- Storm Doors
- Attic
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Oven or Range
- Cooktop
- Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
- Disposal
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Laundry Chute
Outdoor Features
- Outdoor Shower
- Pier
- Access to Tidal Water
- Private Water Access
- Property is near a canal
- Bulkhead
- Electric Hoist or Boat Lift
- Limit On Boat Length
- 1 Dock Slip
- Physical Dock Slip Conveys
- Dock made with Treated Lumber
- 1 Powered Boats Permitted
- 1 Non-Powered Boats Permitted
- Multiple Balconies
- Deck
- Screened Patio
- Shed
Schools
- Showell Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Underground Utilities
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Listing and Financial Details
- Tax Lot 46
- Assessor Parcel Number 2403129721
Community Details
Overview
- Association fees include road maintenance
- Ocean Pines Association
- Built by Iachetta
- Ocean Pines Terns Landing Subdivision
- Property Manager
- Community Lake
Amenities
- Clubhouse
Recreation
- Boat Ramp
- Boat Dock
- Marina
- Beach
- Golf Club
- Golf Course Community
- Private Beach Club
- Tennis Courts
- Community Playground
- Community Indoor Pool
- Pool Membership Available
- Fishing Allowed
- Dog Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2023
Closed on
May 31, 2024
Sold by
Founds Steven and Founds Victoria
Bought by
Scott Jeffrey and Scott Susan
Seller's Agent
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,175,000
Sold Price
$825,000
Premium/Discount to List
-$350,000
-29.79%
Views
407
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,417
Avg. Annual Appreciation
16.62%
Purchase Details
Closed on
Oct 29, 1992
Sold by
Solgar Co Inc
Bought by
Founds Steven C and Founds Victoria J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
8.23%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scott Jeffrey | $825,000 | Fidelity National Title | |
| Founds Steven C | $88,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Founds Steven C | $74,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $825,000 | -8.3% | $235 / Sq Ft |
| 05/07/2024 05/07/24 | Price Changed | $899,999 | -2.7% | $256 / Sq Ft |
| 04/21/2024 04/21/24 | Price Changed | $925,000 | -7.5% | $263 / Sq Ft |
| 03/28/2024 03/28/24 | Price Changed | $999,999 | -2.4% | $284 / Sq Ft |
| 03/01/2024 03/01/24 | Price Changed | $1,025,000 | -6.7% | $291 / Sq Ft |
| 01/02/2024 01/02/24 | Price Changed | $1,099,000 | -6.5% | $312 / Sq Ft |
| 10/28/2023 10/28/23 | For Sale | $1,175,000 | -- | $334 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,541 | $822,333 | $0 | $0 |
| 2024 | $6,541 | $746,900 | $240,000 | $506,900 |
| 2023 | $6,357 | $705,900 | $0 | $0 |
| 2022 | $6,122 | $664,900 | $0 | $0 |
| 2021 | $5,945 | $623,900 | $240,000 | $383,900 |
| 2020 | $5,792 | $623,900 | $240,000 | $383,900 |
| 2019 | $5,644 | $623,900 | $240,000 | $383,900 |
| 2018 | $5,372 | $637,200 | $240,000 | $397,200 |
| 2017 | $5,310 | $628,400 | $0 | $0 |
| 2016 | $5,166 | $619,600 | $0 | $0 |
| 2015 | $4,044 | $610,800 | $0 | $0 |
| 2014 | $4,044 | $610,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanah Cain
-
Stephen Cain
Seller Co-Listing Agent in 2024
Stephen Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 783-1483
5 in this area
67 Total Sales
-
Carol Proctor
Buyer's Agent in 2024
Carol Proctor
BHHS PenFed (actual)
(443) 567-0650
88 in this area
553 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2017164
APN: 03-129721
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 52 Pintail Dr
- 6 Ebb Tide
- 4 Ebb Tide
- 0 A Pines Point A Unit A23
- 6 Weeping Willow Ct
- 51 Martinique Cir
- 932 Yacht Club Dr
- 36 Leigh Dr
- 35 B Pines Point Unit BSB35
- 42 Martinique Cir
- 8 Chelsea Ct
- 17 Juneway Ln
- 843 Yacht Club Dr
- 102 Martinique Cir
- 1619 Mercers Way
- 22 Martinique Cir
- 128 Hingham Ln Unit 17
- 114 Hingham Ln Unit 21
- 117 Hingham Ln
- 1231 Carrollton Ln