NOT LISTED FOR SALE

2 Bimini Ln Berlin, MD 21811

Estimated Value: $540,000 - $589,000

4 Beds
2.5 Baths
3,084 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $455,000 $148 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,357/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Showell Elementary School Rated A-
  • Community Indoor Pool
  • Oversized Parking

About This Home

As of May 2021

This custom built Beachwood home has 3,100 sq. ft. of living space for almost any family needs. Great floor plan that is well planned out. This home is built on a spacious corner lot close to the Ocean Pines Swim & Racquet Club, Ocean Pines Golf & Country Club and the large Community Center, Skatepark, kids jungle gym, and Library all within walking distance. House is located on the corner of Bimini and Newport Drive. The Newport Drive side is canal front,. The traditional layout is well planned out with a huge eat-in kitchen area, and a large extended area with extra cabinet spaces for holding all your dining and kitchen needs. The Dining room has pocket doors to close off if needed, and opens up to a spacious living room area with tons of South East Sun exposure lighting. The first floor also includes a mudroom with a closet and a half bathroom. The oversized 2 car garage lends itself for kayak/paddle/surfboard storage, and enough room for a workshop/tool area. The upstairs features 4 Bedrooms, 2 full baths, a laundry area with an oversized playroom/gameroom. (or can serve as a 5th bedroom!) The master bathroom includes a whirlpool tub and walk in shower. The other 3 bedrooms each have spacious closets and ample shelving. Dual HVAC units keep this energy efficient home comfortable all year round, keeping costs down. all appliances are well within usable life, and lend well to the decor. This home can accommodate a large amount of people for a summer seasonal getaway, or a year round home. It's closeness to the Ocean Pines parkway, makes it easy to find, and there is a bus stop right at the corner for any of your school aged kids. It's just a short drive to everything Ocean City and Ocean Pines have to offer. Pools, Immaculate Beaches, State and National Parks close by, great restaurants, Ocean Downs Casino, and our famous Ocean City Boardwalk just minutes away. Call today for a private showing before this great home opportunity passes you by. 1 YEAR HOME WARRANTY INCLUDED !!

Last Agent to Sell the Property

Doug Selzer

O'Conor, Mooney & Fitzgerald License #664711 Listed on: 04/15/2021

Last Buyer's Agent

Jessica Gresczyk

Berkshire Hathaway HomeServices PenFed Realty - OP License #676812

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1998

Lot Details

  • 10,100 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R-3

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,084 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Laundry on upper level

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • More Than Two Accessible Exits

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number 03-051811

Community Details

Overview

  • Ocean Pines Community Asssociation HOA, Phone Number (410) 641-7717
  • Built by Beachwood Homes
  • Ocean Pines Newport Subdivision

Recreation

  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,137

Year Built

Built in 1998

Lot Details

0

HOA Fees

$82 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-04-15
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This custom built Beachwood home has 3,100 sq. ft. of living space for almost any family needs. Great floor plan that is well planned out. This home is built on a spacious corner lot close to the Ocean Pines Swim & Racquet Club, Ocean Pines Golf & Country Club and the large Community Center, Skatepark, kids jungle gym, and Library all within walking distance. House is located on the corner of Bimini and Newport Drive. The Newport Drive side is canal front,. The traditional layout is well planned out with a huge eat-in kitchen area, and a large extended area with extra cabinet spaces for holding all your dining and kitchen needs. The Dining room has pocket doors to close off if needed, and opens up to a spacious living room area with tons of South East Sun exposure lighting. The first floor also includes a mudroom with a closet and a half bathroom. The oversized 2 car garage lends itself for kayak/paddle/surfboard storage, and enough room for a workshop/tool area. The upstairs features 4 Bedrooms, 2 full baths, a laundry area with an oversized playroom/gameroom. (or can serve as a 5th bedroom!) The master bathroom includes a whirlpool tub and walk in shower. The other 3 bedrooms each have spacious closets and ample shelving. Dual HVAC units keep this energy efficient home comfortable all year round, keeping costs down. all appliances are well within usable life, and lend well to the decor. This home can accommodate a large amount of people for a summer seasonal getaway, or a year round home. It's closeness to the Ocean Pines parkway, makes it easy to find, and there is a bus stop right at the corner for any of your school aged kids. It's just a short drive to everything Ocean City and Ocean Pines have to offer. Pools, Immaculate Beaches, State and National Parks close by, great restaurants, Ocean Downs Casino, and our famous Ocean City Boardwalk just minutes away. Call today for a private showing before this great home opportunity passes you by. 1 YEAR HOME WARRANTY INCLUDED !!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Partially Carpeted, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Primary Bedroom, Family Room
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3084
  • Living Area Sq Ft: 3084
  • Price Per Sq Ft: 137.81
  • Above Grade Finished Sq Ft: 3084
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stick Built, Block
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Natural Gas Available
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 986.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES COMMUNITY ASSSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Indoor

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 011
  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10100.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: Yes

Building Info

  • Builder Name: Beachwood Homes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5382274
  • Tax Annual Amount: 3137.00
  • Assessor Parcel Number: 03-051811
  • Tax Lot: 221
  • Tax Total Finished Sq Ft: 3084
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/28/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 28, 2021
Sold by
Meadows Beverly B
Bought by
Pagan Wilson B and Pagan Jacqueline S
Seller's Agent
Doug Selzer
O'Conor, Mooney & Fitzgerald
Buyer's Agent
Jessica Gresczyk
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%
Current Estimated Value
$564,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,726
Avg. Annual Appreciation
5.15%
Original Mortgage
$452,819
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 27, 2020
Sold by
Meadows John D and Meadows Beverly B
Bought by
Meadows Beverly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Oct 10, 1996
Sold by
Lane John C and Lane Blanche E
Bought by
Meadows John D and Meadows Beverly B

Purchase Details

Closed on
Apr 11, 1989
Sold by
Eastern Shore Development Company
Bought by
Lane John C and Lane Blanche E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,700
Interest Rate
11.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pagan Wilson B $455,000 Bright Title & Stlmt Servics
Meadows Beverly B -- None Available
Meadows John D $23,000 --
Lane John C $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagan Wilson B $506,814
Closed Pagan Wilson B $504,040
Closed Pagan Wilson B $452,819
Previous Owner Meadows Beverly B $130,000
Previous Owner Meadows Beverly B $120,000
Previous Owner Meadows John D $145,000
Previous Owner Meadows Beverly B $10,000
Previous Owner Lane John C $33,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $455,000 +7.1% $148 / Sq Ft
04/15/2021 04/15/21 For Sale $425,000 -- $138 / 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 $3,191 $357,500 $0 $0
2024 $3,191 $336,200 $82,400 $253,800
2023 $3,191 $333,400 $0 $0
2022 $3,150 $330,600 $0 $0
2021 $2,826 $327,800 $67,500 $260,300
2020 $2,741 $315,400 $0 $0
2019 $2,657 $303,000 $0 $0
2018 $2,604 $290,600 $62,500 $228,100
2017 $2,386 $274,967 $0 $0
2016 -- $259,333 $0 $0
2015 $2,030 $243,700 $0 $0
2014 $2,030 $243,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO121618

Bright MLS

APN: 03-051811