NOT LISTED FOR SALE

2 Magnolia Place Berlin, MD 21811

Estimated Value: $386,000 - $436,000

4 Beds
2 Baths
1,568 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2023

Last sale price $367,400 $234 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,478 / mo

98 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Club
  • Open Floorplan

About This Home

As of March 2023

Beautiful corner lot home located on a quiet cul-de-sac in South Gate Ocean Pines. 4 bedrooms , 2 baths , One year home warranty included . Brand new HVAC (10 yr warranty remaining ), hardwood floors throughout , wood burning fireplace, freshly painted , open floor plan , encapsulated crawlspace with dehumidifier and enough room on your oversized lot to build on or make your own back yard oasis . Ocean Pines is a wonderful community with 5 pools , restaurants , golf , dog park , playgrounds , beach club and so much more . So close to Ocean City , you get the best of both worlds.

Last Agent to Sell the Property

Jessica Lynch

(443) 856-2211 cinchwithlynchoc@gmail.com Coldwell Banker Realty License #652307 Listed on: 10/27/2022

Coldwell Banker Realty

Last Buyer's Agent

Matthew Olson

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #5009774

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 1984

Lot Details

  • 11,617 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Cleared Lot
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R-2

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Schools

  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Deck

Listing and Financial Details

  • Tax Lot 997
  • Assessor Parcel Number 2403102041

Community Details

Overview

  • Association fees include management, road maintenance
  • Ocean Pines HOA
  • Ocean Pines Sherwood Forest Subdivision

Amenities

  • Community Center
  • Community Library
  • Recreation Room

Recreation

  • Boat Ramp
  • Marina
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Dog Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,869

Year Built

Built in 1984

Lot Details

0.27 Acres

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 10/28/2022 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Skylight(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 234.31
  • Above Grade Finished Sq Ft: 1568
  • 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: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 896.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach Club, Bike Trail, Boat Ramp, Community Center, Dog Park, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Recreational Center, Racquet Ball, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Road Maintenance
  • HOA Name: OCEAN PINES
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor

Schools

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

Lot Info

  • Lot Features: Cleared, Corner, Cul-De-Sac, Front Yard, Rear Yard
  • Lot Size Acres: 0.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11617.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1869.00
  • Assessor Parcel Number: 2403102041
  • Tax Lot: 997
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Mar 3, 2023
Sold by
Bought by
Seller's Agent
Jessica Lynch
Coldwell Banker Realty
Buyer's Agent
Matthew Olson
EXP Realty, LLC
List Price
$369,900
Sold Price
$367,400
Premium/Discount to List
-$2,500
-0.68%
Views
257
Current Estimated Value
$408,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,846
Avg. Annual Appreciation
3.20%
Original Mortgage
$217,400
Outstanding Balance
$188,691
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$219,556

Purchase Details

Closed on
Apr 11, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1987
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
11.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$367,400 Sage Title
$367,400 Sage Title
$250,000 --
$250,000 --
$86,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $217,400
Closed $217,400
Previous Owner $250,000
Previous Owner $250,000
Previous Owner $81,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $367,400 0.0% $234 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $367,400 -0.7% $234 / Sq Ft
01/09/2023 01/09/23 For Sale $369,900 0.0% $236 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $369,900 +0.7% $236 / Sq Ft
12/13/2022 12/13/22 Off Market $367,400 -- --
12/03/2022 12/03/22 Price Changed $369,900 -2.6% $236 / Sq Ft
11/14/2022 11/14/22 Price Changed $379,900 -2.6% $242 / Sq Ft
10/27/2022 10/27/22 For Sale $389,900 -- $249 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,530 $274,133 $0 $0
2024 $2,362 $247,900 $90,100 $157,800
2023 $2,111 $221,600 $0 $0
2022 $1,861 $195,300 $0 $0
2021 $1,617 $169,000 $67,500 $101,500
2020 $1,562 $163,267 $0 $0
2019 $1,508 $157,533 $0 $0
2018 $1,422 $151,800 $62,500 $89,300
2017 $1,412 $149,100 $0 $0
2016 $1,386 $146,400 $0 $0
2015 $1,449 $143,700 $0 $0
2014 $1,449 $143,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2010960

Bright MLS

APN: 03-102041

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