Seller's Agent in 2023
Michael Bennett
Compass
(443) 858-7000
2 in this area
159 Total Sales
181 Pine Tree Rd Ocean City, MD 21842
Estimated Value: $607,000 - $862,000
2
Beds
2
Baths
732
Sq Ft
$988/Sq Ft
Est. Value
Highlights
- 60 Feet of Waterfront
- 1 Dock Slip
- Access to Tidal Water
- Ocean City Elementary School Rated A
- Pier or Dock
- Deck
About This Home
As of October 2023Welcome home to your waterfront oasis in Montevideo Bay. This two bedroom , two bath home is a perfect find for your beach adventures. Located directly on the bay, you'll be able to enjoy the water with your own private dock and experience everything ocean city has to offer. Enjoy the the water worry free with the new oversized Bulkhead and dock that is less than 3 years old. There's plenty of room for guest with a dine-in kitchen, separate family room, screened in porch and covered patio. The home can be reconditioned or if preferred, you can design and build a new dream home. There are two parking spots in the driveway and excess space on the street. The HOA has tennis courts, two pools, a fun putt putt golf course with pickle ball and a fishing pier to enjoy as well.
Last Agent to Sell the Property
(443) 858-7000 mike@bennettsalesgroup.com Compass License #17562 Listed on: 08/17/2023
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $3,353
Year Built
- Built in 1972
Lot Details
- 3,600 Sq Ft Lot
- 60 Feet of Waterfront
- Home fronts navigable water
HOA Fees
- $33 Monthly HOA Fees
Home Design
- Rambler Architecture
- Aluminum Siding
Interior Spaces
- 732 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- On-Street Parking
Outdoor Features
- Access to Tidal Water
- Private Water Access
- Property near a bay
- 1 Dock Slip
- Private Dock
- Dock made with Treated Lumber
- Powered Boats Permitted
- Deck
- Porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Additional Features
- Flood Risk
- Manufactured Home
Listing and Financial Details
- Tax Lot 1312B
- Assessor Parcel Number 2410192781
Community Details
Overview
- Association fees include trash
- Montego Bay Subdivision
Recreation
- Pier or Dock
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2023
Closed on
Oct 18, 2023
Sold by
Burke Christopher and Burke Nancy
Bought by
Aloi Ralph and Aloi Joni
Seller's Agent
Michael Bennett
Compass
Buyer's Agent
Ralph Aloi
RE/MAX Plus
List Price
$575,000
Sold Price
$475,000
Premium/Discount to List
-$100,000
-17.39%
Views
117
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
$248,394
Avg. Annual Appreciation
23.15%
Original Mortgage
$240,000
Outstanding Balance
$235,667
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$487,727
Purchase Details
Closed on
Sep 18, 2006
Sold by
Lane Ann P
Bought by
Christopher Burke
Purchase Details
Closed on
Sep 12, 2006
Sold by
Lane Ann P
Bought by
Christopher Burke
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aloi Ralph | $475,000 | None Listed On Document | |
| Christopher Burke | $162,000 | -- | |
| Christopher Burke | $162,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aloi Ralph | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2023 10/20/23 | Sold | $475,000 | -8.5% | $649 / Sq Ft |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | Price Changed | $519,000 | -9.7% | $709 / Sq Ft |
| 08/17/2023 08/17/23 | For Sale | $575,000 | -- | $786 / Sq Ft |
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 | $8,559 | $626,800 | $0 | $0 |
| 2024 | $3,897 | $279,267 | $0 | $0 |
| 2023 | $3,356 | $238,100 | $232,000 | $6,100 |
| 2022 | $3,343 | $237,900 | $0 | $0 |
| 2021 | $3,359 | $237,700 | $0 | $0 |
| 2020 | $3,356 | $237,500 | $232,000 | $5,500 |
| 2019 | $3,379 | $237,500 | $232,000 | $5,500 |
| 2018 | $3,345 | $237,500 | $232,000 | $5,500 |
| 2017 | $4,036 | $285,700 | $0 | $0 |
| 2016 | $4,091 | $279,767 | $0 | $0 |
| 2015 | $3,887 | $273,833 | $0 | $0 |
| 2014 | $3,887 | $267,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bennett
-
Ralph Aloi
Buyer's Agent in 2023
Ralph Aloi
RE/MAX
(301) 252-8774
1 in this area
12 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2015802
APN: 10-192781
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