NOT LISTED FOR SALE

163 Pine Tree Rd Ocean City, MD 21842

Estimated Value: $902,000 - $1,009,000

4 Beds
3 Baths
2,100 Sq Ft
$458/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $625,000 $298 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,787/month

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • Bay View
  • Ocean City Elementary School Rated A
  • Tennis Courts
  • Open Floorplan

About This Home

As of April 2019

Rare opportunity to buy a water front Home Built by Resort Homes. This home is Absolutely Beautiful. It has been professionally decorated and furnished with no expense spared. Upgraded kitchen cabinets & appliances with tile back splash & under cabinet lights. Professionally wired for sound, tv's , security system and cameras. Curved tv over fireplace and wall mounted flat screens in both master bedrooms. Sleep number bed in 1st floor master, over $5,000. Hunter Douglas blinds thru-out. Tile showers & bathroom floors thru-out. Hardwood floors in Great rm & hall. Gas fireplace with remote in Great room & Beautiful sun room with water views. Spray foam insulation in 2"x 6" exterior walls with R-19 batts. Dual fuel HVAC on 1st floor with separate heat pump for 2nd floor. Energy Ventilation & Recovery unit provides fresh air constantly. Double pane, low E, Argon gas filled windows with life time glass warranty. Whole house sprinkler system with recessed heads. Vinyl bulkhead with composite ground level deck, composite steps & porch with glass rail. 5' x 18' double door shed , insulated, dry-walled & heated. Outside shower with vinyl enclosure. Professionally Landscaped with low maintenance stone & concrete sidewalks. Under water light to attract the local fish and it really works, lots of fish in this deep over sized basin. Over a $100,000 spent inside on furnishings, media, blinds and more. This house comes completely furnished down to the dishes, linens, tv's, grill, furniture and much more. It won't last long.

Last Agent to Sell the Property

Darryl Greer

(410) 213-7721 dgreer@resorthousing.com Resort Homes Real Estate Group Listed on: 01/08/2019

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

  • $5,956

Year Built

  • Built in 2015

Lot Details

  • 3,700 Sq Ft Lot
  • Lot Dimensions are 40' x 92.8'
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Extensive Hardscape
  • Premium Lot
  • Sprinkler System
  • Cleared Lot
  • Property is zoned TR

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Bump-Outs
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Sun or Florida Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Exterior Cameras
  • Storm Doors
  • Flood Lights

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Home Energy Management

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Bulkhead
  • Tennis Courts
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding
  • Outdoor Grill
  • Porch

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Propane
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8020A
  • Assessor Parcel Number 10-191106

Community Details

Overview

  • Association fees include pool(s), pier/dock maintenance
  • Montego Bay HOA, Phone Number (410) 250-3080
  • Built by Resort Homes
  • Montego Bay Subdivision, Pine Tree Floorplan
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,956

Year Built

Built in 2015

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Stainless Steel Appliances, Refrigerator, Washer, Water Heater - High-Efficiency
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Floor Plan - Open, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Sprinkler System, Upgraded Countertops, Window Treatments, Whirlpool/Hottub, Wood Floors
  • Window Features: Casement, Double Pane, Energy Efficient, Energy Star Qualified, Insulated, Low-E, Screens, Skylights
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm, Energy Star Qualified Door(s)
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Levels Count: 1.5
  • Room List: Sun/Florida Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 299.95
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Bbq Grill, Bump-Outs, Extensive Hardscape, Exterior Lighting, Flood Lights, Outbuilding(s), Outside Shower, Secure Storage, Sidewalks, Tennis Court(s)
  • Roof: Architectural Shingle
  • Spa: No
  • View: Canal, Bay, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane, Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pool(s), Pier/Dock Maintenance
  • HOA Name: MONTEGO BAY
  • HOA Phone: 4102503080
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Filtered, Fenced

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees Frequency: Unknown

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Appliances, Home Energy Management, Hvac, Construction
  • Clean Green Assessed: No
  • Green Indoor Air Qlty: Ventilation

Lot Info

  • Horses: No
  • Lot Features: Cleared, Bulkheaded, Premium
  • Lot Size Acres: 0.08
  • Lot Dimensions: 40' x 92.8'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3700.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: TR
  • In City Limits: Yes

Building Info

  • Builder Name: Resort Homes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5412959
  • Tax Annual Amount: 5956.00
  • Assessor Parcel Number: 10-191106
  • Tax Lot: 8020A
  • 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
Jan 8, 2019
Closed on
Apr 29, 2019
Sold by
Dorsey Frederick W and Dorsey Lynn M
Bought by
Mikk Darrin H and Mikk Michele G
Seller's Agent
Darryl Greer
Resort Homes Real Estate Group
Buyer's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
List Price
$629,900
Sold Price
$625,000
Premium/Discount to List
-$4,900
-0.78%
Current Estimated Value
$961,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,108
Avg. Annual Appreciation
6.83%
Original Mortgage
$250,000
Outstanding Balance
$218,310
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$742,798

Purchase Details

Closed on
Jul 31, 2014
Sold by
George William
Bought by
Dorsey Frederick W and Dorsey Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mikk Darrin H $625,000 Dba Real Estate T&E
Dorsey Frederick W $245,000 Real Estate Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikk Darrin H $250,000
Previous Owner Dorsey Frederick W $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $625,000 -0.8% $298 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $629,900 -- $300 / 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 $8,530 $624,667 $0 $0
2024 $7,577 $543,033 $0 $0
2023 $6,484 $461,400 $232,000 $229,400
2022 $6,284 $447,167 $0 $0
2021 $6,118 $432,933 $0 $0
2020 $5,916 $418,700 $232,000 $186,700
2019 $5,956 $418,700 $232,000 $186,700
2018 $5,897 $418,700 $232,000 $186,700
2017 $6,624 $472,600 $0 $0
2016 -- $466,600 $0 $0
2015 $3,907 $460,600 $0 $0
2014 $3,907 $269,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO102036

Bright MLS

APN: 10-191106