NOT LISTED FOR SALE

2004 Pony Island Ln Berlin, MD 21811

West Ocean City Neighborhood

Estimated Value: $292,525 - $381,000

1.97 Acres
$171,767 Price per Acre
85,813 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $200,000

Est. 69% increase in value since last sale

Current estimated payment $2,048/month

Highlights

  • Bay View
  • Waterfront
  • Wooded Lot
  • Ocean City Elementary School Rated A
  • 1.97 Acre Lot
  • No HOA

About This Lot

As of November 2020

What a Buy....Almost 2 acres of complete Privacy with a Serene setting. Fantastic water views surround you. Views of the Bay and elevated views of the Ocean. There is not access for a power boat to the bay but you have access to Marinas and launches a mile away. Private lane leads you to home site. This property cannot be duplicated anywhere along the Coast. This is a one of a kind Island Oasis.

Last Agent to Sell the Property

Jay Phillips

(410) 726-8631 jay@phillipscoastalgroup.com Holiday Real Estate Listed on: 02/05/2019

Last Buyer's Agent

Jay Phillips

(410) 726-8631 jay@phillipscoastalgroup.com Holiday Real Estate Listed on: 02/05/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,238

Lot Details

  • 1.97 Acre Lot
  • Waterfront
  • Cleared Lot
  • Wooded Lot

Schools

  • Buckingham Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Well
  • Well Permit on File
  • Lateral or Tap On-Site

Additional Features

  • Bay Views
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 10-389143

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$3,238

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: What a Buy....Almost 2 acres of complete Privacy with a Serene setting. Fantastic water views surround you. Views of the Bay and elevated views of the Ocean. There is not access for a power boat to the bay but you have access to Marinas and launches a mile away. Private lane leads you to home site. This property cannot be duplicated anywhere along the Coast. This is a one of a kind Island Oasis.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.62
  • Street Number Modifier: 2004

Exterior Features

  • Construction Completed: No
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap On Site
  • Water Source: Well Permit On File, Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: BUCKINGHAM
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: BUCKINGHAM
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 1.97
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 85813.20
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: RES
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5429377
  • Tax Annual Amount: 3238.00
  • Assessor Parcel Number: 10-389143
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/09/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Nov 2, 2020
Sold by
Jones Warren S and Jones Gale S
Bought by
Vanvonno K Tim K and Vanvonno Catherine J
Seller's Agent
Jay Phillips
Holiday Real Estate
Buyer's Agent
Jay Phillips
Holiday Real Estate
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$338,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,381
Avg. Annual Appreciation
11.18%
Original Mortgage
$150,000
Outstanding Balance
$133,479
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,902

Purchase Details

Closed on
May 11, 2005
Sold by
Mystic Harbour Corporation
Bought by
Jones Warren S and Jones Gale S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vanvonno K Tim K $200,000 Resort Land T&E Llc
Jones Warren S $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanvonno K Tim K $150,000
Previous Owner Jones Warren S $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $200,000 -11.1% --
09/23/2020 09/23/20 Pending -- -- --
07/19/2020 07/19/20 Price Changed $225,000 -4.3% --
06/02/2020 06/02/20 Price Changed $235,000 -6.0% --
03/06/2020 03/06/20 Price Changed $250,000 0.0% --
03/06/2020 03/06/20 For Sale $250,000 -28.6% --
10/08/2019 10/08/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $350,000 -12.5% --
06/04/2019 06/04/19 Price Changed $400,000 +102.0% --
05/22/2019 05/22/19 Price Changed $198,000 -0.5% --
02/05/2019 02/05/19 For Sale $199,000 -- --
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 $3,123 $338,400 $338,400 $0
2024 $3,224 $338,400 $338,400 $0
2023 $3,238 $338,400 $338,400 $0
2022 $3,224 $338,400 $338,400 $0
2021 $3,238 $338,400 $338,400 $0
2020 $3,238 $338,400 $338,400 $0
2019 $3,238 $338,400 $338,400 $0
2018 $3,033 $321,733 $0 $0
2017 $2,731 $305,067 $0 $0
2016 -- $288,400 $0 $0
2015 $2,756 $288,400 $0 $0
2014 $2,756 $288,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Phillips

    Seller's Agent in 2020

    Jay Phillips

    Holiday Real Estate

    (410) 726-8631

    32 in this area

    150 Total Sales

    Jay Phillips
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Map

Source: Bright MLS

MLS Number: MDWO103218

Bright MLS

APN: 10-389143

Maryland Worcester County Berlin 21811 West Ocean City

2004 Pony Island Ln, Berlin, MD

This home is located at 2004 Pony Island Ln, Berlin, MD 21811 since 05 February 2019 and is currently estimated at $338,381. 2004 Pony Island Ln is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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