NOT LISTED FOR SALE

Estimated Value: $597,887

0.25 Acre
$2,391,548 Price per Acre
10,942 Sq Ft Lot

Sale Details

Date Sold: May 26, 2017

Last sale price $72,500

Est. 725% increase in value since last sale

Current estimated payment $3,702 / mo

109 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Golf Course View
  • Boat Ramp
  • Private Beach Club
  • Clubhouse

About This Lot

As of May 2017

Beautiful wooded lot in Bay Colony section of Ocean Pines overlooking 7th hole and small lake. Extra wide and deep lot with plenty of room to build your dream home on!Central water and sewer available. Nice high and dry lot. Price recently lowered.

Last Agent to Sell the Property

Marlene Ott

(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #16892 Listed on: 12/22/2016

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Barton Sink

(410) 390-5379 barton@ryanhaley.com At The Beach Real Estate License #6442

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Property Details

Property Type

  • Land

Lot Details

  • 10,942 Sq Ft Lot
  • Lot Dimensions are 66x150x76x150
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $77 Monthly HOA Fees

Schools

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

Additional Features

  • Golf Course Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 277
  • Assessor Parcel Number 043495

Community Details

Overview

  • Ocean Pines Association
  • Ocean Pines Bay Colony Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Lot Details

0.25 Acres

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: 7.58

Exterior Features

  • Construction Completed: No
  • View: Golf Course
  • 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
  • Water Sewer Expenses: 300.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 921.00
  • 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, Security
  • 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

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.25
  • Lot Dimensions: 66x150x76x150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10942.00
  • Possible Use: Residential
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5381522
  • Assessor Parcel Number: 043495
  • Tax Lot: 277
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
May 26, 2017
Sold by
Bought by
Seller's Agent
Marlene Ott
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Barton Sink
At The Beach Real Estate
List Price
$83,900
Sold Price
$72,500
Premium/Discount to List
-$11,400
-13.59%
Current Estimated Value
$597,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,387
Avg. Annual Appreciation
25.62%
Original Mortgage
$50,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1988
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 1984
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ocean Pines, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$72,500 Ocean Invvestments Title Cor
$29,000 --
$14,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $333,000
Closed $336,000
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $72,500 -13.6% --
05/03/2017 05/03/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $83,900 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,134 $507,767 $0 $0
2025 $4,134 $469,833 $0 $0
2024 $4,115 $431,900 $93,900 $338,000
2023 $4,084 $428,633 $0 $0
2022 $4,053 $425,367 $0 $0
2021 $4,040 $422,100 $92,500 $329,600
2020 $3,960 $413,833 $0 $0
2019 $719 $75,167 $0 $0
2018 $693 $73,500 $73,500 $0
2017 $664 $70,167 $0 $0
2016 -- $66,833 $0 $0
2015 $825 $63,500 $0 $0
2014 $825 $63,500 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1000863360

Bright MLS

APN: 03-043495

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