NOT LISTED FOR SALE

2302 Points Reach Berlin, MD 21811

Estimated Value: $504,819 - $545,000

3 Beds
2 Baths
1,896 Sq Ft
$616/mo HOA Fee

Last Sold August 31, 2018

Last sale price $340,000 $179 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,631/month

3 Days on Market

Highlights

  • Marina
  • Primary bedroom faces the bay
  • Golf Club
  • Showell Elementary School Rated A-
  • Boat Ramp
  • Home fronts navigable water

About This Home

As of August 2018

This Top Floor Condo is Outstanding! Beautiful hardwood flooring greats you at the front door and takes you through out the entire condo except the bathrooms which have marble flooring. The upgraded kitchen is exceptional with a butler's pantry, wine chiller, full pantry, granite counter tops, cabinetry glass door features, stainless steel appliances and under cabinet lighting. The gas fireplace will take the chill off in the winter. You can grill year round right on your balcony! Views of Manklin Creek and the Bay to the Ocean City skyline. Such a peaceful setting that you will enjoy for years. The owners love the exact North/South orientation because there is no direct sun into the unit any time of day. It keeps it cool in the summer with no need of window treatments and the sun does not destroy your furnishings. You are Just Going To Love It!

Last Agent to Sell the Property

Sandy Galloway

(410) 726-7023 sandygalloway1@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #22189 Listed on: 07/10/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Dave Whittington

(410) 430-5283 ocdavew@gmail.com Coastal Life Realty Group LLC License #520693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 2005

Lot Details

  • Home fronts navigable water
  • Creek or Stream

HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home
  • Composite Building Materials
  • Cedar

Interior Spaces

  • 1,896 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Butlers Pantry
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Water Fountains
  • Outdoor Storage
  • Outbuilding
  • Outdoor Grill

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • 220 Volts

Additional Features

  • Halls are 36 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2302
  • Assessor Parcel Number 03-165884

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, snow removal, trash, water
  • 75 Units
  • Ocean Pines Association, Phone Number (410) 641-7717
  • Low-Rise Condominium
  • Points Reach Condos, Phone Number (410) 289-6156
  • Points Reach Community
  • Ocean Pines The Point Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Boat Ramp
  • Marina
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Jogging Path

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,466

Year Built

Built in 2005

Lot Details

0

HOA Fees

$616 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: No
  • Inclusions: TV, Sound System, Kitchen tools, two beds
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Crown Moldings, Dining Area, Flat, Primary Bath(s), Primary Bedroom - Bay Front, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s), Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
  • Basement: No
  • Total Sq Ft: 1896
  • Living Area Sq Ft: 1896
  • Price Per Sq Ft: 192.43
  • Above Grade Finished Sq Ft: 1896
  • Above Grade Finished Area Units: Square Feet

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: Brick, Cedar, Composition, Concrete, Frame, Stick Built
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Outbuilding(s), Secure Storage, Water Fountains
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Geothermal
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Geothermal
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1196.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1549.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Points Reach
  • Condo Co-Op Phone: 410-289-6156
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach Club, Boat Ramp, Club House, Community Center, Elevator, Extra Storage, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Library, Marina/Marina Club, Meeting Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5392178
  • Tax Annual Amount: 2466.43
  • Assessor Parcel Number: 03-165884
  • Tax Lot: 2302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 31, 2018
Sold by
Adams Mark M and Adams Linda S
Bought by
Parcover Herbert M and Parcover Renee N
Seller's Agent
Sandy Galloway
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Dave Whittington
Coastal Life Realty Group LLC
List Price
$364,850
Sold Price
$340,000
Premium/Discount to List
-$24,850
-6.81%
Current Estimated Value
$522,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,955
Avg. Annual Appreciation
6.03%
Original Mortgage
$272,000
Outstanding Balance
$236,711
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$286,244

Purchase Details

Closed on
Nov 13, 2008
Sold by
Adams Adams Mark M Mark M and Adams Linda S
Bought by
Adams Family Trust

Purchase Details

Closed on
Jun 25, 2008
Sold by
Adams Adams Mark M Mark M and Adams Linda S
Bought by
Adams Family Trust

Purchase Details

Closed on
Sep 26, 2005
Sold by
Banker'S Development Llc
Bought by
Adams Adams Mark M Mark M and Adams Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 17, 2005
Sold by
Banker'S Development Llc
Bought by
Adams Adams Mark M Mark M and Adams Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parcover Herbert M $340,000 Real Estate Title & Escrow
Adams Family Trust -- --
Adams Family Trust -- --
Adams Adams Mark M Mark M $509,850 --
Adams Adams Mark M Mark M $509,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parcover Herbert M $272,000
Previous Owner Adams Adams Mark M Mark M $359,650
Previous Owner Adams Adams Mark M Mark M $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $340,000 -6.8% $179 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $364,850 -- $192 / Sq Ft
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 $3,354 $363,400 $0 $0
2024 $3,161 $331,800 $165,900 $165,900
2023 $3,161 $331,800 $165,900 $165,900
2022 $3,161 $331,800 $165,900 $165,900
2021 $3,175 $331,800 $165,900 $165,900
2020 $2,715 $308,400 $0 $0
2019 $2,727 $285,000 $0 $0
2018 $2,466 $261,600 $130,800 $130,800
2017 $2,393 $257,167 $0 $0
2016 -- $252,733 $0 $0
2015 $2,900 $248,300 $0 $0
2014 $2,900 $248,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002017944

Bright MLS

APN: 03-165884