NOT LISTED FOR SALE

Estimated Value: $468,000 - $505,000

0.32 Acre
$1,502,156 Price per Acre
14,156 Sq Ft Lot

Sale Details

Date Sold: March 21, 2023

Last sale price $79,000

Est. 508% increase in value since last sale

Current estimated payment $3,011 / mo

26 Days on Market

About This Lot

As of March 2023

Looking for a great place to build your dream home, look no further. This corner lot provides easy access to 2 Offshore Ln in South Ocean Pines. Conveniently located near the south entrance and only a few miles from the beach, casino, stores, and lots of fun things to do. The south gate location provides a short bike ride to the pond, walking trails, indoor pool, tennis center, park, restaurants, and many other great amenities.

Last Agent to Sell the Property

Charlene Spence

(410) 864-5750 charlene.spence@thespencerealtygroup.com The Spence Realty Group License #676658 Listed on: 02/06/2023

Last Buyer's Agent

Michael Hall

(302) 537-1300 jgiles@psre.com Patterson-Schwartz-Bethany

Patterson-Schwartz-Bethany

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $555

Lot Details

  • 14,156 Sq Ft Lot
  • Property is zoned R-2

HOA Fees

  • $75 Monthly HOA Fees

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 2403057089

Property Details

Property Type

Land

Est. Annual Taxes

$555

Lot Details

0.32 Acres

HOA Fees

$75 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.04

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 896.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14156.00
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5382750
  • Tax Annual Amount: 555.00
  • Assessor Parcel Number: 2403057089
  • Tax Lot: 57
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

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

Closed on
Sep 27, 2024
Sold by
Bought by
Current Estimated Value
$480,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
0.0646%
Mortgage Type
VA

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 21, 2023
Sold by
Bought by
Seller's Agent
Charlene Spence
The Spence Realty Group
Buyer's Agent
Michael Hall
Patterson-Schwartz-Bethany
List Price
$85,500
Sold Price
$79,000
Premium/Discount to List
-$6,500
-7.6%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.44%
Source: Public Records
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

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
$549,000 None Listed On Document
$79,000 None Listed On Document
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 $199,000
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
03/21/2023 03/21/23 Sold $79,000 -7.6% --
03/04/2023 03/04/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $85,500 -- --
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 $3,803 $412,033 $0 $0
2024 $636 $66,700 $66,700 $0
2023 $594 $62,367 $0 $0
2022 $553 $58,033 $0 $0
2021 $514 $53,700 $53,700 $0
2020 $498 $52,033 $0 $0
2019 $482 $50,367 $0 $0
2018 $459 $48,700 $48,700 $0
2017 $430 $45,367 $0 $0
2016 $410 $42,033 $0 $0
2015 $625 $38,700 $0 $0
2014 $625 $38,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2012184

Bright MLS

APN: 03-057089

Your Personal Tour Guide

Ask me questions while you tour the home.