NOT LISTED FOR SALE

192 Pine Tree Rd Ocean City, MD 21842

Estimated Value: $658,000 - $821,000

3 Beds
2 Baths
1,560 Sq Ft
$484/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $590,000 $378 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,604/month

3 Days on Market

Highlights

  • 2 Dock Slips
  • Pier
  • Fishing Allowed
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Open Floorplan

About This Home

As of October 2020

This beautiful maintained 3 bedroom, 2 bath 1560 sq. ft. waterfront home is located in the Montego Bay community in North Ocean City Maryland. The property is situated on a deep/wide canal with quick and easy access to the open bay and is located within an easy stroll to Ocean City's 10 mile long public beach, the city busline, the Montego Bay shopping center, many restaurants/pubs and the beautiful 58-acre Northside Park. Features include a dock, pier and an electric boat lift, a sunroom (with its own HVAC system) and sundeck overlooking the water, drywall interior with crown and baseboard moldings, a custom painted interior, a heat pump system (new 4/16) for heating & cooling, an architectural shingled roof (new in 8/16), tile flooring, a fully equipped kitchen with a breakfast bar, a floored attic for storage, a Wi-Fi thermostat and 6 ceiling fans. Outside there is a custom-built storage shed, a cement walkway and a 2-car cement parking pad. The community features 2 full size pools, a kiddie/wading pool, 2 tennis courts, a 9-hole miniature golf course, a shuffleboard court, a bayfront boardwalk with 3 fishing piers, a canalfront fishing & crabbing area, an 8-acre wildlife sanctuary/pond with a paved walking path around it, a 5-acre park and street lighting-with a lamppost at every residence. Additional amenities include city streets & sidewalks, public water & sewer and city trash collection. The HOA dues are just $299 a year.

Last Agent to Sell the Property

Michael Grimes

(410) 251-6821 montegomike@verizon.net Montego Bay Realty License #90378 Listed on: 09/23/2020

Last Buyer's Agent

Wayne Phillips

(410) 726-9200 ocwayne@gmail.com Coastal Life Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 1999

Lot Details

  • 3,600 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Landscaped
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned MH DISTRICT, Residential. Mobile, modular and stick-built construction-up to 2 floors.

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Canal Views
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a lagoon
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck
  • Shed

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • 120/240V
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1300B
  • Assessor Parcel Number 10-188938

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds
  • Montego Bay Civic Association, Phone Number (410) 250-3080
  • Built by Nanticoke Homes
  • Montego Bay Subdivision

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,021

Year Built

Built in 1999

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Primary Bath(s), Window Treatments
  • Window Features: Double Hung, Double Pane, Insulated, Screens, Vinyl Clad
  • Door Features: Sliding Glass, Storm, Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 368.59
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Ductless/Mini-Split, Heat Pump(s), Programmable Thermostat
  • Electric Service: 120/240V
  • Heating Fuel: Central, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Under Ground
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: DSL, Cable

Condo/Co-op/Association

  • HOA Fees: 299.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Shuffleboard, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds
  • HOA Name: MONTEGO BAY CIVIC ASSOCIATION
  • HOA Phone: 410.250.3080
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Bulkheaded, Cleared, Landscaping
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: MH DISTRICT
  • Zoning Description: Residential. Mobile, modular and stick-built construction-up to 2 floors.
  • In City Limits: Yes

Building Info

  • Builder Name: Nanticoke Homes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412761
  • Tax Annual Amount: 5021.00
  • Assessor Parcel Number: 10-188938
  • Tax Lot: 1300B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 30, 2020
Sold by
Corkran Wayne O and Corkran Dianne M
Bought by
Hopp William A and Hopp Nancy E
Seller's Agent
Michael Grimes
Montego Bay Realty
Buyer's Agent
Wayne Phillips
Coastal Life Realty Group LLC
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Current Estimated Value
$754,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,478
Avg. Annual Appreciation
4.82%
Original Mortgage
$472,000
Outstanding Balance
$420,013
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$334,465

Purchase Details

Closed on
Aug 12, 2019
Sold by
Corkran Wayne O and Corkran Dianne M
Bought by
Corkran Wayne O and Corkran Dianne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hopp William A $590,000 Capitol Title Group
Corkran Wayne O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopp William A $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $590,000 +2.6% $378 / Sq Ft
09/23/2020 09/23/20 For Sale $575,000 -- $369 / 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 $8,075 $591,333 $0 $0
2024 $7,222 $517,567 $0 $0
2023 $6,237 $443,800 $232,000 $211,800
2022 $5,823 $414,333 $0 $0
2021 $5,439 $384,867 $0 $0
2020 $5,056 $355,400 $232,000 $123,400
2019 $5,056 $355,400 $232,000 $123,400
2018 $5,006 $355,400 $232,000 $123,400
2017 $5,499 $396,700 $0 $0
2016 -- $387,333 $0 $0
2015 $5,267 $377,967 $0 $0
2014 $5,267 $368,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO117112

Bright MLS

APN: 10-188938