NOT LISTED FOR SALE

23 Ebbtide Ct Berlin, MD 21811

Estimated Value: $1,551,000 - $2,982,675

0.44 Acre
$4,849,755 Price per Acre
19,166 Sq Ft Lot

Last Sold August 15, 2020

Last sale price $642,500

Est. 232% increase in value since last sale

Current estimated payment $12,540/month

559 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Home fronts navigable water
  • Showell Elementary School Rated A-
  • Golf Club
  • Water Access

About This Lot

As of August 2020

Would you like a Wide Open Panoramic View with the Ocean City skyline as a backdrop? Would you like to have the option of 2 Boat Lifts instead of only 1, and plenty of room for 2 PWC Lifts? Over 140 ft of bulkhead, maintained by the Homeowners Association, instead of you personally, and located on a point at the end of a cul-de-sac? Southeastern exposure offers morning sun and afternoon shade on your soon to be built waterfront deck & patio. This is one of the most premier waterfront undeveloped lots remaining, offering you the opportunity to design and build your dream home, not only in Ocean Pines, but in the Ocean City area. Take a look for yourself and compare. Survey on file shows BLDG Envelope 6,281 Sq Ft. Call for allowable build-able area. New Vinyl Bulkheading installed May 2019 by the OPA, will eliminate some issues after you build.

Last Agent to Sell the Property

Robert Ott

(410) 430-0990 bobott216@gmail.com Hileman Real Estate-Berlin License #38816 Listed on: 12/27/2018

Last Buyer's Agent

Ms. Katherine A Panco

(443) 235-6222 kathy@kathypanco.com Berkshire Hathaway HomeServices PenFed Realty License #66133

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,581

Lot Details

  • 0.44 Acre Lot
  • Home fronts navigable water
  • Property is zoned R-3

HOA Fees

  • $125 Monthly HOA Fees

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Additional Features

  • Bay Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 273
  • Assessor Parcel Number 03-113981

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, pool(s), snow removal
  • Ocean Pines Association HOA, Phone Number (410) 641-7717
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Marina
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path
  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$4,581

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 34.15

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1501.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach Club, Common Grounds, Community Center, Golf Course Membership Available, Jog/Walk Path, Lake, Marina/Marina Club, Pool Mem Avail, Pool - Indoor, Pool - Outdoor, Golf Club, Golf Course, Picnic Area, Boat Ramp, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Snow Removal
  • HOA Name: OCEAN PINES ASSOCIATION HOA
  • HOA Phone: 410-641-7717
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Count: 1
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19018.00
  • Possible Use: Residential
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5387886
  • Tax Annual Amount: 4581.00
  • Assessor Parcel Number: 03-113981
  • Tax Lot: 273
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Aug 15, 2020
Sold by
Marrone Stephen M and Marrone Janine D
Bought by
Barborak George and Barborak Melanie A
Seller's Agent
Robert Ott
Hileman Real Estate-Berlin
Buyer's Agent
Ms. Katherine A Panco
Berkshire Hathaway HomeServices PenFed Realty
List Price
$695,000
Sold Price
$642,500
Premium/Discount to List
-$52,500
-7.55%
Current Estimated Value
$2,133,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,491,392
Avg. Annual Appreciation
25.00%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Fulton James R
Bought by
Marrone Stephen M and Marrone Janine

Purchase Details

Closed on
Dec 14, 1999
Sold by
Robert Sudano Joseph
Bought by
Fulton James R

Purchase Details

Closed on
Jan 21, 1997
Sold by
Miller James H and Miller Jane M
Bought by
Robert Sudano Joseph and Robert Betty Joyce
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

Date Buyer Sale Price Title Company
Barborak George $642,500 Ocean Investments Title Corp
Marrone Stephen M $925,000 --
Fulton James R $235,000 --
Robert Sudano Joseph $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Robert Sudano Joseph --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2020 08/15/20 Sold $642,500 -1.1% --
07/08/2020 07/08/20 Pending -- -- --
09/20/2019 09/20/19 Price Changed $649,500 -3.8% --
05/18/2019 05/18/19 Price Changed $675,000 -2.9% --
12/27/2018 12/27/18 For Sale $695,000 -- --
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 $14,824 $1,606,167 $0 $0
2024 $12,690 $1,331,900 $492,700 $839,200
2023 $12,165 $1,276,833 $0 $0
2022 $4,561 $478,700 $478,700 $0
2021 $4,581 $478,700 $478,700 $0
2020 $4,581 $478,700 $478,700 $0
2019 $4,581 $478,700 $478,700 $0
2018 $4,513 $478,700 $478,700 $0
2017 $3,968 $448,867 $0 $0
2016 -- $419,033 $0 $0
2015 $3,648 $389,200 $0 $0
2014 $3,648 $389,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO101854

Bright MLS

APN: 03-113981