NOT LISTED FOR SALE

16 Sloop Ln Ocean Pnes, MD 21811

Estimated Value: $407,000 - $508,000

4 Beds
2.5 Baths
2,512 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $459,000 $183 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,831/month

8 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Bar or Lounge
  • Ocean City Elementary School Rated A
  • Golf Club
  • Private Beach Club

About This Home

As of October 2024

This meticulously maintained (by the original owners) 4 bedroom 2.5 bath home is situated on a beautifully landscaped large lot offering lots of outdoor space and a lovely setting. The kitchen offers both a breakfast bar and kitchen table space with Amish built cherry cabinets. The kitchen opens to the den which has a beautiful hearth with a gas fireplace. Bright and open sunroom gives you a great space to enjoy the park like setting of the back yard and has skylights. Upstairs hosts 4 bedrooms (including the primary) 2 baths, a large walk in cedar closet, and plenty of attic space. There are both formal living and dining rooms that are spacious and accommodating. The home was constructed on a 5 course foundation. Additional features included are a water treatment system, irrigation system and alarm system, The garage is spacious as is the concrete drive.

Last Agent to Sell the Property

Jennifer Cropper-Rines

(443) 614-6215 jennifer@cropperrines.com Coldwell Banker Realty Listed on: 08/10/2024

Coldwell Banker Realty

Last Buyer's Agent

Clinton Bickford

(410) 422-9166 clintbickfordrealtoroc@gmail.com Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • Property is zoned R-2

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,512 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Water Treatment System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 388
  • Assessor Parcel Number 2403061361

Community Details

Overview

  • Ocean Pines Somerset Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Community Library
  • Bar or Lounge

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,338

Year Built

Built in 1988

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Water treatment system, irrigation, alarm system
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-08-10
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Cedar Closet(s), Floor Plan - Traditional, Water Treat System, Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Sun/Florida Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 2512
  • Living Area Sq Ft: 2512
  • Price Per Sq Ft: 178.74
  • Above Grade Finished Sq Ft: 2512
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 850.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach, Beach Club, Boat Ramp, Club House, Common Grounds, Community Center, Dog Park, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Library, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10691.00
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3338.00
  • Assessor Parcel Number: 2403061361
  • Tax Lot: 388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Oct 16, 2024
Sold by
Sgro Betty J
Bought by
Hartley Bryan M
Seller's Agent
Jennifer Cropper-Rines
Coldwell Banker Realty
Buyer's Agent
Clinton Bickford
Keller Williams Realty Delmarva
List Price
$449,000
Sold Price
$459,000
Premium/Discount to List
$10,000
2.23%
Views
62
Current Estimated Value
$464,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,332
Avg. Annual Appreciation
1.02%
Original Mortgage
$279,000
Outstanding Balance
$276,067
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$188,265

Purchase Details

Closed on
Jun 10, 1987
Sold by
Hyre Thomas Marteney
Bought by
Sgro Albert J and Sgro Betty J
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
Hartley Bryan M $459,000 Ocean Investments Title
Sgro Albert J $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartley Bryan M $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Sold $459,000 +2.2% $183 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $449,000 +3353.8% $179 / Sq Ft
03/06/2018 03/06/18 Sold $13,000 -25.7% -- View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $17,500 -- --
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 $3,802 $411,933 $0 $0
2024 $2,831 $387,000 $82,500 $304,500
2023 $2,736 $348,800 $0 $0
2022 $2,622 $310,600 $0 $0
2021 $2,536 $272,400 $67,500 $204,900
2020 $2,459 $262,133 $0 $0
2019 $2,385 $251,867 $0 $0
2018 $2,288 $241,600 $62,500 $179,100
2017 $2,288 $241,600 $0 $0
2016 -- $241,600 $0 $0
2015 -- $257,400 $0 $0
2014 $1,824 $257,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2022500

Bright MLS

APN: 03-061361