1632 Mercers Way Berlin, MD 21811
3
Beds
2.5
Baths
2,240
Sq Ft
0.27
Acres
Highlights
- 143 Feet of Waterfront
- 1 Dock Slip
- Canal View
- Showell Elementary School Rated A-
- Access to Tidal Water
- Coastal Architecture
About This Home
As of August 2023Amazing opportunity to own one of the very few waterfront detached homes in Colonial Village in Ocean Pines. Beautiful custom built home with all the great touches, built just 7 years ago and gently used by the original owners. Located on a gorgeous lot on a quiet cul-de-sac, within a short walk to the Yacht Club and two of the community pools!
Last Agent to Sell the Property
ERA Martin Associates, Shamrock Division Listed on: 06/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,441
Year Built
- Built in 2016
Lot Details
- 0.27 Acre Lot
- 143 Feet of Waterfront
- Home fronts navigable water
- Landscaped
- Private Lot
- Cleared Lot
- Property is in excellent condition
- Property is zoned B-2
HOA Fees
- $78 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Coastal Architecture
- Contemporary Architecture
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 2,240 Sq Ft Home
- Property has 1.5 Levels
- Ceiling Fan
- 1 Fireplace
- Canal Views
- Crawl Space
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near a canal
- Bulkhead
- Physical Dock Slip Conveys
- 1 Dock Slip
- Dock Against Bulkhead
Location
- Flood Risk
Utilities
- Multiple cooling system units
- Central Air
- Window Unit Cooling System
- Heat Pump System
- Tankless Water Heater
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 2403145115
Community Details
Overview
- $150 Other One-Time Fees
- Ocean Pines Colonial Village Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2023
Closed on
Aug 11, 2023
Sold by
Cicala Domenico Frank and Cicala Linda S
Bought by
Gabelman Carolyn F and Gabelman Richard C
Seller's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
Buyer's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
List Price
$885,000
Sold Price
$890,000
Premium/Discount to List
$5,000
0.56%
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
-$71,383
Avg. Annual Appreciation
-2.56%
Original Mortgage
$712,000
Outstanding Balance
$697,160
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$148,442
Purchase Details
Listed on
May 16, 2013
Closed on
Jul 25, 2014
Sold by
Monck Joanne M
Bought by
Cicala Domenico Frank and Cicala Linda S
Seller's Agent
Mary Bradford
Taylor Properties
Buyer's Agent
Dayna Feher
Keller Williams Realty
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Purchase Details
Closed on
Aug 20, 1999
Sold by
Breocean Pines Llc
Bought by
Monek James J and Monek Joanne M
Similar Homes in Berlin, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $890,000 | Brennan Title | |
| Deed | $195,000 | Brennan Title Company | |
| Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $712,000 | New Conventional | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $890,000 | +0.6% | $397 / Sq Ft |
| 06/27/2023 06/27/23 | For Sale | $885,000 | +353.8% | $395 / Sq Ft |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 07/25/2014 07/25/14 | Sold | $195,000 | -21.7% | -- |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- |
| 05/16/2013 05/16/13 | For Sale | $249,000 | -- | -- |
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 | $4,769 | $545,333 | $0 | $0 |
| 2024 | $4,769 | $500,500 | $212,500 | $288,000 |
| 2023 | $4,516 | $482,267 | $0 | $0 |
| 2022 | $4,380 | $464,033 | $0 | $0 |
| 2021 | $4,266 | $445,800 | $212,500 | $233,300 |
| 2020 | $4,266 | $445,800 | $212,500 | $233,300 |
| 2019 | $4,266 | $445,800 | $212,500 | $233,300 |
| 2018 | $4,199 | $458,400 | $207,500 | $250,900 |
| 2017 | $4,199 | $443,400 | $0 | $0 |
| 2016 | -- | $428,400 | $0 | $0 |
| 2015 | -- | $148,500 | $0 | $0 |
| 2014 | $1,831 | $148,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Julie Woulfe
ERA Martin Associates, Shamrock Division
(443) 604-0186
78 in this area
96 Total Sales
-
Seller's Agent in 2014
Mary Bradford
Taylor Properties
(443) 497-4206
3 in this area
20 Total Sales
-
D
Buyer's Agent in 2014
Dayna Feher
Keller Williams Realty
Map
Source: Bright MLS
MLS Number: MDWO2014806
APN: 03-145115
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