NOT LISTED FOR SALE

1624 Mercers Way Berlin, MD 21811

Estimated Value: $639,432 - $754,000

4 Beds
4.5 Baths
2,943 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $440,000 $150 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,252/month

363 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Showell Elementary School Rated A-
  • Maid or Guest Quarters
  • Main Floor Bedroom

About This Home

As of November 2019

Charm personified in a very special home which was the original Eastern Shore Homebuilders' Showcase home, built in Colonial Village in Ocean Pines. Home features 3 full floors of living space, and a guest suite over the garage there is sure to be plenty of room for the entire family. Gourmet kitchen with granite countertops, tile floors done on the diagonal, stainless appliances and gas stove overlooking breakfast bar into a bright and cherry family living area featuring coffered ceilings and hardwood floors with access to rear yard. Large formal dining room, first floor master suite which includes a sitting room with access to rear patio and yard, powder room, laundry room complete the first floor. The central foyer hall leads to the second floor which includes a second master suite, two bedrooms and a bath and the third-floor recreation room, walk in storage that could also be easily finished off into another room as needed. Oversized two car detached garage with workshop and 2nd floor guest suite with private bath or your private office.Located on an ''estuary'' lot, with a lot of privacy, and only steps to the Yacht Club, 2 pools and marina. the things you may not see are energy efficient GEOTHERMAL multi zone heating, sealed conditioned crawl space, Rennai tankless hot water, central vac, security system etc Schedule your private showing today with Bernie.

Last Agent to Sell the Property

Bernice Flax

(410) 629-9070 bernie@bernieflax.com Coastal Life Realty Group LLC License #613711 Listed on: 10/13/2018

Last Buyer's Agent

Julie Woulfe

(443) 604-0186 jwoulfe@shamrockrealty.com ERA Martin Associates, Shamrock Division

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 2006

Lot Details

  • 9,298 Sq Ft Lot
  • East Facing Home
  • Property is in good condition

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,943 Sq Ft Home
  • Property has 3 Levels
  • Central Vacuum
  • Chair Railings
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Efficiency Studio
  • Crawl Space
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Tankless Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 0108
  • Assessor Parcel Number 03-145077

Community Details

Overview

  • Ocean Pines HOA, Phone Number (410) 641-7717
  • Ocean Pines Colonial Village Subdivision

Recreation

  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,976

Year Built

Built in 2006

Lot Details

0

HOA Fees

$82 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 3
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Central Vacuum, Chair Railings, Efficiency, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Maid/Guest Quarters, Bathroom 3, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 2943
  • Living Area Sq Ft: 2943
  • Price Per Sq Ft: 156.30
  • Above Grade Finished Sq Ft: 2943
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 3 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Open Parking Spaces Count: 4
  • Garage Features: Additional Storage Area, Garage Door Opener, Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal, Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Geo-Thermal
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 986.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES HOA
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, In Ground, Indoor, Fenced, Lap/Exercise

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9298.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5390412
  • Tax Annual Amount: 3976.00
  • Assessor Parcel Number: 03-145077
  • Tax Lot: 0108
  • Tax Page Number: 00149
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Nov 22, 2019
Sold by
Poulsen Laura C and The Laura C Poulsen Living Tru
Bought by
Bruno Raymond Michael and Bruno Margaret Diane
Seller's Agent
Bernice Flax
Coastal Life Realty Group LLC
Buyer's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Current Estimated Value
$712,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,108
Avg. Annual Appreciation
8.28%
Original Mortgage
$396,000
Outstanding Balance
$348,378
Interest Rate
3.6%
Estimated Equity
$363,730

Purchase Details

Closed on
Mar 7, 2014
Sold by
Cosgriff Robert and Cosgriff Gail
Bought by
Poulsen Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2007
Sold by
Eastern Shore Builders Association
Bought by
Robert Cosgriff and Cosgriff Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2007
Sold by
Eastern Shore Builders Association
Bought by
Robert Cosgriff and Cosgriff Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Schroppe Floyd A and Schroppe Gloria R
Bought by
Eastern Shore Builders Association

Purchase Details

Closed on
Aug 21, 2001
Sold by
Breocean Pines Llc
Bought by
Schroppe Floyd A and Schroppe Gloria R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bruno Raymond Michael $440,000 Brennan Title Company
Poulsen Laura C $434,900 Title Resources Guaranty Co
Robert Cosgriff $620,000 --
Robert Cosgriff $620,000 --
Eastern Shore Builders Association $142,000 --
Schroppe Floyd A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Raymond Michael $396,000
Previous Owner Poulsen Laura C $150,000
Previous Owner Robert Cosgriff $345,000
Previous Owner Robert Cosgriff $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $440,000 -4.3% $150 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
07/06/2019 07/06/19 Price Changed $460,000 -3.2% $156 / Sq Ft
04/27/2019 04/27/19 Price Changed $475,000 -2.1% $161 / Sq Ft
10/13/2018 10/13/18 For Sale $485,000 -- $165 / Sq Ft
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 $5,134 $556,267 $0 $0
2024 $5,066 $531,700 $100,100 $431,600
2023 $4,697 $492,967 $0 $0
2022 $4,328 $454,233 $0 $0
2021 $3,976 $415,500 $100,100 $315,400
2020 $3,976 $415,500 $100,100 $315,400
2019 $3,976 $415,500 $100,100 $315,400
2018 $4,082 $432,900 $100,100 $332,800
2017 $3,877 $421,133 $0 $0
2016 -- $409,367 $0 $0
2015 $3,800 $397,600 $0 $0
2014 $3,800 $397,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009921012

Bright MLS

APN: 03-145077