NOT LISTED FOR SALE

2303 Points Reach Berlin, MD 21811

Estimated Value: $506,546 - $531,000

3 Beds
2 Baths
1,896 Sq Ft
$719/mo HOA Fee

Last Sold January 12, 2024

Last sale price $469,000 $247 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,778/month

1 Day on Market

Highlights

  • Penthouse
  • Traditional Architecture
  • Tankless Water Heater
  • Showell Elementary School Rated A-
  • Community Pool
  • Forced Air Heating System

About This Home

As of January 2024

It is all about the view from this luxury Bay Front 3 bedroom, 2 bath one level Condo in the prestigious Points Reach Community in Ocean Pines, Md. Located on the top floor, the views are spectacular. The home boasts hardwood floor, gas fireplace and grill, granite countertops, plantation shutters, 11-foot ceilings, crown moldings to name a few. The kitchen and baths were redone in 2018 and are stunning. The open floor plan lends itself to easy living and entertaining. The master suite has sliding door to the private balcony overlooking the water. This home's balcony is half covered and half open, you can enjoy both the sun and the shade. The master bath has been redone and is luxurious. There are two other bedrooms, one is set up as a guest room and the other is currently being used as a workout space. The building has a climate-controlled foyer and an elevator. An additional storage space is available to all owners in the “Bike Barn”. The condo fees include flood insurance, biannual checks of geothermal systems and gas grill, water, trash, and landscaping of common areas. Homeowner if offering a 1-year home warranty. Schedule a showing to see the lovely home.

Last Agent to Sell the Property

Carole Spurrier

Berkshire Hathaway HomeServices PenFed Realty - OP License #658351 Listed on: 11/28/2023

Berkshire Hathaway HomeServices PenFed Realty - OP

Co-Listed By

Dan O'Hare

Berkshire Hathaway HomeServices PenFed Realty - OP License #654308

Last Buyer's Agent

Sydney Johnson Cohee

Sharon Real Estate P.C. License #657232

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 2005

Lot Details

  • 958

HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,896 Sq Ft Home
  • Property has 3 Levels
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Tankless Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2303
  • Assessor Parcel Number 2403165876

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Points Reach Community
  • Ocean Pines The Point Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,175

Year Built

Built in 2005

Lot Details

0

HOA Fees

$719 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1896
  • Living Area Sq Ft: 1896
  • Price Per Sq Ft: 247.36
  • Above Grade Finished Sq Ft: 1896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2303

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, Fiber Cement
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1128.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1875.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • 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: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3175.00
  • Assessor Parcel Number: 2403165876
  • Tax Lot: 2303
  • Tax Total Finished Sq Ft: 1896
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/12/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 12, 2024
Sold by
Lepone Stephen G and Lepone Bethanne
Bought by
Martin Richard and Martin Susan
Seller's Agent
Carole Spurrier
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Sydney Johnson Cohee
Sharon Real Estate P.C.
List Price
$469,000
Sold Price
$469,000
Views
19
Current Estimated Value
$514,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,137
Avg. Annual Appreciation
5.91%
Original Mortgage
$150,000
Outstanding Balance
$147,687
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$367,623

Purchase Details

Closed on
Oct 11, 2018
Sold by
Anthony D Smith
Bought by
Lepone Beth Ann and Lepone Stephen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.9%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Smith Anthony D and Smith Teresa A
Bought by
Lepone Stephane G and Lepone Bethanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2005
Sold by
Banker'S Development Llc
Bought by
Smith Anthony D and West Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,402
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Banker'S Development Llc
Bought by
Smith Anthony D and West Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,402
Interest Rate
2.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Richard $469,000 Community Title Network
Lepone Beth Ann $270,000 --
Lepone Stephane G $270,000 Capitol Title Ins Agcy Inc
Smith Anthony D $509,850 --
Smith Anthony D $509,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Richard $150,000
Previous Owner Lepone Stephen G $132,736
Previous Owner Lepone Beth Ann $25,000
Previous Owner Lepone Beth Ann --
Previous Owner Lepone Beth Anne $25,000
Previous Owner Lepone Stephane G $155,000
Previous Owner Smith Anthony D $331,402
Previous Owner Smith Anthony D $331,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $469,000 0.0% $247 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $469,000 -- $247 / 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 $3,161 $363,400 $0 $0
2024 $3,161 $331,800 $165,900 $165,900
2023 $3,082 $331,800 $165,900 $165,900
2022 $2,990 $331,800 $165,900 $165,900
2021 $2,927 $331,800 $165,900 $165,900
2020 $2,826 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2017704

Bright MLS

APN: 03-165876