NOT LISTED FOR SALE

190 Ocean Pkwy Berlin, MD 21811

Estimated Value: $272,000 - $311,232

3 Beds
1 Bath
912 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $80,000 $88 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,768/month

5 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Cape Cod Architecture

About This Home

As of April 2018

The perfect beach cottage nestled in quiet, peaceful Ocean Pines. This 3 bedroom 1 bath salt box provides all of the benefits of living in Ocean Pines, the pools, the golf course, the beach club and the list goes on. You'll never be able to find a beach home with all of these benefits at this price! Start taking advantage of all that coastal Maryland has to offer.

Last Agent to Sell the Property

Marc Bouloucon

(302) 539-1777 marc@debeachliving.com Coldwell Banker Realty License #668525 Listed on: 02/17/2018

Coldwell Banker Realty

Co-Listed By

Courtney Bouloucon

(302) 539-1777 Courtney@CourtneySellsTheBeach.com Coldwell Banker Realty License #RS-0023099

Last Buyer's Agent

Mike DiPietro

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #0024222

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 9,755 Sq Ft Lot
  • Lot Dimensions are 68x150x63x150
  • Wooded Lot
  • Zoning described as R2

HOA Fees

  • $77 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Stick Built Home

Interior Spaces

  • 912 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Storage In Attic
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Handicap Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 486
  • Assessor Parcel Number 081656

Community Details

Overview

  • Ocean Pines Association, Inc HOA
  • Ocean Pines Somerset Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

9,755 Sq Ft Lot

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 912
  • Living Area Sq Ft: 912
  • Price Per Sq Ft: 137.06
  • Above Grade Finished Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, T-1-11, Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 921.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA Name: OCEAN PINES ASSOCIATION, INC
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.23
  • Lot Dimensions: 68x150x63x150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9755.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5384970
  • Assessor Parcel Number: 081656
  • Tax Lot: 486
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2018
Closed on
Apr 6, 2018
Sold by
Saunders Scott B and Saunders Mark A
Bought by
Marrone Gene Russell
Seller's Agent
Marc Bouloucon
Coldwell Banker Realty
Buyer's Agent
Mike DiPietro
Keller Williams Realty Delmarva
List Price
$125,000
Sold Price
$80,000
Premium/Discount to List
-$45,000
-36%
Current Estimated Value
$290,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,308
Avg. Annual Appreciation
17.55%
Original Mortgage
$72,000
Outstanding Balance
$61,904
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$228,404

Purchase Details

Closed on
Sep 13, 2017
Sold by
Saunders James L and Saunders Scott B
Bought by
Saunders James L and Saunders Scott B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Second
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
Marrone Gene Russell $80,000 Maryland Title Service
Saunders James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrone Gene Russell $72,000
Previous Owner Saunders James L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $80,000 -36.0% $88 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $125,000 -- $137 / Sq Ft
Source: Bright MLS

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 $1,966 $213,033 $0 $0
2024 $1,863 $195,500 $74,300 $121,200
2023 $1,659 $174,133 $0 $0
2022 $1,456 $152,767 $0 $0
2021 $1,258 $131,400 $60,800 $70,600
2020 $1,229 $128,400 $0 $0
2019 $1,200 $125,400 $0 $0
2018 $1,154 $122,400 $56,300 $66,100
2017 $1,112 $119,900 $0 $0
2016 -- $117,400 $0 $0
2015 $1,050 $114,900 $0 $0
2014 $1,050 $114,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000875886

Bright MLS

APN: 03-081656

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