NOT LISTED FOR SALE

206 Ocean Pkwy Berlin, MD 21811

Berlin Area

Estimated Value: $137,000 - $324,000

0.22 Acres
$884,823 Price per Acre
9,696 Sq Ft Lot

Sale Details

Date Sold: June 5, 2024

Last sale price $105,000

Est. 85% increase in value since last sale

Current estimated payment $1,217 / mo

3 Days on Market

About This Lot

As of June 2024

This Vacant lot located in the coastal community of Ocean Pines, Maryland, presents a unique opportunity for building a dream home. This extra-wide lot stands out for its high and dry terrain, offering an ideal foundation for construction. Its proximity to essential amenities enhances its appeal—situated close to a boat ramp, multiple pools, and a golf course, it offers convenient access to recreational activities. This lot is one of the few remaining parcels available in Ocean Pines, making it a rare find in a sought-after location, perfect for those looking to enjoy the serene coastal lifestyle.

Last Agent to Sell the Property

Ed Balcerzak

(410) 520-2600 ocwest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0014171 Listed on: 05/09/2024

Berkshire Hathaway HomeServices PenFed Realty-WOC

Last Buyer's Agent

Mary Rice

(443) 292-6767 mary.rice@evrealestate.com Engel & Völkers Ocean City License #RS-0036409

Engel & Völkers Ocean City

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $605

Lot Details

  • 9,696 Sq Ft Lot
  • Property is zoned R-2

HOA Fees

  • $72 Monthly HOA Fees

Listing and Financial Details

  • Tax Lot 493
  • Assessor Parcel Number 2403075192

Property Details

Property Type

Land

Est. Annual Taxes

$605

Lot Details

9,696 Sq Ft Lot

HOA Fees

$72 per month

Listing Details

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

Interior Features

  • Price Per Sq Ft: 10.21

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: 860.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9696.00
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 605.00
  • Assessor Parcel Number: 2403075192
  • Tax Lot: 493
  • County Tax Payment Frequency: Annually
  • 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
Dec 2, 2022
Sold by
Bought by
Current Estimated Value
$194,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
0.0695%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
$4,500,000 Sage Title
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 $3,600,000
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
06/05/2024 06/05/24 Sold $105,000 +6.1% --
05/12/2024 05/12/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $99,000 -- --
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 $1,130 $122,400 $61,200 $61,200
2024 $1,166 $122,400 $61,200 $61,200
2023 $1,166 $122,400 $61,200 $61,200
2022 $1,166 $122,400 $61,200 $61,200
2021 $1,171 $122,400 $61,200 $61,200
2020 $1,166 $122,400 $61,200 $61,200
2019 $478 $122,400 $61,200 $61,200
2018 $1,154 $122,400 $61,200 $61,200
2017 $1,159 $122,400 $0 $0
2016 $1,194 $122,400 $0 $0
2015 $1,209 $124,200 $0 $0
2014 $1,209 $124,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Balcerzak

    Seller's Agent in 2024

    Ed Balcerzak

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    (443) 497-4746

    2 in this area

    178 Total Sales

    Ed Balcerzak
    Section Image
  • Mary Rice

    Buyer's Agent in 2024

    Mary Rice

    Engel & Völkers Ocean City

    (410) 726-4984

    7 in this area

    117 Total Sales

    Mary Rice
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2020864

Bright MLS

APN: 03-169405

Maryland Worcester County Berlin 21811

206 Ocean Pkwy, Berlin, MD

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