NOT LISTED FOR SALE

20 Falcon Bridge Rd Ocean Pines, MD 21811

Estimated Value: $401,000 - $431,000

3 Beds
2 Baths
1,550 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 18, 2023

Last sale price $405,000 $261 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,521/month

11 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Club
  • New Construction

About This Home

As of November 2023

New Construction, Open Floor Plan, Very bright and Airy, Lots of natural Light, Very Popular Floor plan, Built to the New Energy Code, 2x6Exterior Wall Contruction, 9 Foot Ceilings, Granite Center Tops, Stainless Steel Appliances, Sun Room, Huge Rear, Side Deck, Separate Laundry Room, Super Primary Bedroom and Bath with Walk in Closet, Pull down Stair with Partial floored attic for additional storage, Extra Large Ocean Pines Lot on Quiet Street....Plus so much more..... This is the one you have been waiting for! Photos in MLS are of similar home and finished Home is subject to change from photos presented, Completion Mid November. Finished Model available see at 12407 Salisbury Rd, West Ocean City, Md 21842

Last Agent to Sell the Property

Ed Balcerzak

(443) 497-4746 opsales@comcast.net Berkshire Hathaway HomeServices PenFed Realty-WOC Listed on: 10/20/2023

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Darlene Wise

(443) 900-3419 dlusmiles@gmail.com Cummings & Co. Realtors

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $562

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R-2

HOA Fees

  • $72 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Advanced Framing
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Luxury Vinyl Plank Tile Flooring
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 338
  • Assessor Parcel Number 2403075923

Community Details

Overview

  • Association fees include management
  • Ocean Pines Bay Colony Subdivision
  • Community Lake

Amenities

  • Community Center
  • Community Library

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Marina
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Dog Park
  • Jogging Path
  • Bike Trail

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$562

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2023-10-20
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Oven/Range - Electric
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Recessed Lighting, Sprinkler System, Pantry, Floor Plan - Open, Attic, Ceiling Fan(s)
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 261.29
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

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
  • Construction Materials: Advanced Framing, Stick Built, Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 863.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach Club, Bike Trail, Boat Dock/Slip, Boat Ramp, Community Center, Dog Park, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Marina/Marina Club, Library, Pier/Dock, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Security, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.30
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13184.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 562.00
  • Assessor Parcel Number: 2403075923
  • Tax Lot: 338
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/18/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 17, 2023
Sold by
8800 Caribbean Dr Llc
Bought by
Shry Hobson Lewis and Shry Joan Alexander
Seller's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Darlene Wise
Cummings & Co. Realtors
List Price
$405,000
Sold Price
$405,000
Views
90
Current Estimated Value
$413,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,542
Avg. Annual Appreciation
1.10%

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 9, 2023
Sold by
Kwon Kyung Ae
Bought by
8800 Caribbean Dr Llc
Seller's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
Buyer's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$69,500
Sold Price
$65,000
Premium/Discount to List
-$4,500
-6.47%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6294.06%
Original Mortgage
$65,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1981
Sold by
Pasquarella Michael J
Bought by
Kwon Won G and Kyung Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,995
Interest Rate
16.9%
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
Shry Hobson Lewis $405,000 None Listed On Document
Shry Hobson Lewis $405,000 None Listed On Document
8800 Caribbean Dr Llc $65,000 None Listed On Document
Kwon Won G $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8800 Caribbean Dr Llc $65,000
Previous Owner Kwon Won G $4,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2023 11/18/23 Sold $405,000 0.0% $261 / Sq Ft
10/20/2023 10/20/23 For Sale $405,000 +523.1% $261 / Sq Ft
06/09/2023 06/09/23 Sold $65,000 -6.5% -- View Prior Sale
04/26/2023 04/26/23 For Sale $69,500 -- --
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 $3,071 $345,700 $0 $0
2024 $3,071 $322,300 $83,100 $239,200
2023 $609 $63,933 $0 $0
2022 $560 $58,767 $0 $0
2021 $513 $53,600 $53,600 $0
2020 $497 $51,933 $0 $0
2019 $481 $50,267 $0 $0
2018 $458 $48,600 $48,600 $0
2017 $429 $45,267 $0 $0
2016 -- $41,933 $0 $0
2015 $625 $38,600 $0 $0
2014 $625 $38,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2016904

Bright MLS

APN: 03-075923