NOT LISTED FOR SALE

194 Pine Tree Rd Ocean City, MD 21842

Estimated Value: $635,000 - $818,000

4 Beds
2 Baths
1,440 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $745,000 $517 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,434/month

1 Day on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Raised Ranch Architecture
  • Ocean City Elementary School Rated A
  • Home fronts navigable water
  • Community Pool

About This Home

As of May 2024

Welcome home to this Montego Bay gem!! If you have been searching for a waterfront oasis with low HOA fees, water views throughout the living room , dining room , and kitchen and includes a boat lift all located on a quiet cul-de-sac , ...LOOK NO FURTHER!! This home offers an open layout with breathtaking water views , 4 bedrooms , 2 baths and a brand new hvac, newer flooring , Roof 2019 and also includes an outside shower , attached storage shed and open sundeck. Located on one of the widest canals in Ocean City, this lot features waterfront bulkhead with a pier and boatlift. This is an entertainer's dream and being sold fully furnished. Enjoy the many incredible amenities Montego Bay offers: two recreational areas, two swimming pools, two tennis courts, a shuffleboard court, and a 9-hole miniature golf course. A 8-acre wildlife sanctuary/park next to the pond, a 5-acre pond with blacktop walking/jogging path, a bayfront boardwalk with three piers for fishing, and a canal front fishing and crabbing area. Montego Bay is in a prime location in North Ocean City, just a short distance to North Side Park, restaurants, shopping, the beach, and other popular attractions. Don’t miss out on the opportunity to make this bayfront paradise your own!

Last Agent to Sell the Property

Jessica Lynch

(410) 726-0736 cinchwithlynchoc@gmail.com Coldwell Banker Realty Listed on: 03/29/2024

Coldwell Banker Realty

Last Buyer's Agent

Tina Dorsey

(301) 875-1821 tina.dorsey13@gmail.com Coastal Life Realty Group LLC License #RS-0024229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,232

Year Built

  • Built in 2000

Lot Details

  • 4,037 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned TR

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Property near a bay
  • Sun Deck
  • Personal Watercraft
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 1301B
  • Assessor Parcel Number 2410193591

Community Details

Overview

  • Montego Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,232

Year Built

Built in 2000

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-29
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Fireplace: No
  • Foundation Details: Crawl Space, Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 485.42
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Boat - Powered, Personal Watercraft (PWC), Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 396.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4037.00
  • Zoning: TR
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6232.00
  • Assessor Parcel Number: 2410193591
  • Tax Lot: 1301B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 3, 2024
Sold by
Thomas L Dunleavy Living Trust and Annette R Dunleavy Living Trust
Bought by
Miller Chad E
Seller's Agent
Jessica Lynch
Coldwell Banker Realty
Buyer's Agent
Tina Dorsey
Coastal Life Realty Group LLC
List Price
$699,000
Sold Price
$745,000
Premium/Discount to List
$46,000
6.58%
Views
46
Current Estimated Value
$712,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,929
Avg. Annual Appreciation
-3.01%
Original Mortgage
$250,000
Outstanding Balance
$246,434
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$465,637

Purchase Details

Closed on
Sep 21, 1999
Sold by
Wise William R and Wise Theresa
Bought by
Dunleavy Thomas L and Trustees

Purchase Details

Closed on
Jun 24, 1998
Sold by
Wise Charles E and Wise Faye R
Bought by
Wise William R and Wise Theresa

Purchase Details

Closed on
Aug 14, 1982
Sold by
Mcchesney Robert W
Bought by
Wise Charles E and Wise Faye R
Source: Public Records

Range of Values:

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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
Miller Chad E $745,000 Maryland Title
Miller Chad E $745,000 Maryland Title
Dunleavy Thomas L $105,100 --
Wise William R $41,000 --
Wise Charles E $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Chad E $250,000
Closed Miller Chad E $250,000
Closed Wise William R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $745,000 +6.6% $517 / Sq Ft
03/29/2024 03/29/24 For Sale $699,000 -- $485 / 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 $8,093 $592,700 $0 $0
2024 $7,220 $517,400 $0 $0
2023 $6,213 $442,100 $232,000 $210,100
2022 $5,816 $413,867 $0 $0
2021 $5,449 $385,633 $0 $0
2020 $5,050 $357,400 $232,000 $125,400
2019 $5,084 $357,400 $232,000 $125,400
2018 $5,034 $357,400 $232,000 $125,400
2017 $5,632 $398,700 $0 $0
2016 -- $389,300 $0 $0
2015 $5,294 $379,900 $0 $0
2014 $5,294 $370,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2019922

Bright MLS

APN: 10-193591