$89,000
SOLD AUG 9, 2024

24 Admiral Ave Ocean Pines, MD 21811

0.22 Acre
$404,545 Price per Acre
9,526 Sq Ft Lot

Recently Sold

10% Below List Price

17 Days on Market

Highlights

  • Private Beach Club
  • Community Indoor Pool
  • Community Center
  • Showell Elementary School Rated A-
  • Tennis Courts
  • Jogging Path

About This Lot

As of August 2024

Discover the perfect opportunity to build your dream home in the serene community of Ocean Pines, Maryland. This .22-acre lot is ideally situated in a tranquil, wooded setting, offering privacy and a picturesque backdrop for your new residence. Nestled within this sought-after community, you'll enjoy access to an array of amenities, including golf courses, swimming pools, marinas, tennis courts, parks, and scenic walking trails.

**Property Features:**
- **Size:** .22 acres
Setbacks Front 25', Rear 35', sides 8' Left side, 15' Right Side
One of 5 available lots in Ocean Pines
- **Location:** Ocean Pines, Maryland
- **Setting:** Wooded and private
- **Community Amenities:** Golf courses, swimming pools, marinas, tennis courts, parks, walking trails, and more
- **Nearby Attractions:** Close proximity to Ocean City beaches, Assateague Island, shopping, dining, and entertainment options

This lot offers a unique blend of natural beauty and modern convenience. Imagine designing a custom home tailored to your lifestyle in a community that provides both peace and recreation. Whether you are looking to retire in comfort or raise a family in a vibrant neighborhood, this lot in Ocean Pines is a rare find.

Don't miss out on this exceptional opportunity to secure a prime piece of real estate in one of Maryland's premier coastal communities. Contact us today for more information.

Last Agent to Sell the Property

Spike Sands

Berkshire Hathaway HomeServices PenFed Realty - OP License #RS-0038938 Listed on: 05/22/2024

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Mike Dunn

Keller Williams Realty Delmarva License #317243

Keller Williams Realty Delmarva

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $604

Lot Details

  • 9,526 Sq Ft Lot
  • Property is zoned R-2

HOA Fees

  • $81 Monthly HOA Fees

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 2403061019

Community Details

Overview

  • Association fees include common area maintenance, management, snow removal
  • $100 Other One-Time Fees
  • Ocean Pines Association

Amenities

  • Community Center
  • Community Library

Recreation

  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Dog Park
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$604

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2024-05-24
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the perfect opportunity to build your dream home in the serene community of Ocean Pines, Maryland. This .22-acre lot is ideally situated in a tranquil, wooded setting, offering privacy and a picturesque backdrop for your new residence. Nestled within this sought-after community, you'll enjoy access to an array of amenities, including golf courses, swimming pools, marinas, tennis courts, parks, and scenic walking trails. **Property Features:** - **Size:** .22 acres Setbacks Front 25', Rear 35', sides 8' Left side, 15' Right Side One of 5 available lots in Ocean Pines - **Location:** Ocean Pines, Maryland - **Setting:** Wooded and private - **Community Amenities:** Golf courses, swimming pools, marinas, tennis courts, parks, walking trails, and more - **Nearby Attractions:** Close proximity to Ocean City beaches, Assateague Island, shopping, dining, and entertainment options This lot offers a unique blend of natural beauty and modern convenience. Imagine designing a custom home tailored to your lifestyle in a community that provides both peace and recreation. Whether you are looking to retire in comfort or raise a family in a vibrant neighborhood, this lot in Ocean Pines is a rare find. Don't miss out on this exceptional opportunity to secure a prime piece of real estate in one of Maryland's premier coastal communities. Contact us today for more information.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 10.39
  • Street Number Modifier: 24

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: 973.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach Club, Community Center, Dog Park, Golf Course Membership Available, Jog/Walk Path, Library, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Fee Information

  • Other Fees: 100.00
  • Other Fees Frequency: One Time

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9526.00
  • Year Assessed: 2023
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 604.00
  • Assessor Parcel Number: 2403061019
  • Tax Lot: 74
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/09/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 12, 2024
Sold by
Moore Charles Robert
Bought by
H & C Rentals Llc
Seller's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Mike Dunn
Keller Williams Realty Delmarva
List Price
$99,000
Sold Price
$89,000
Premium/Discount to List
-$10,000
-10.1%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
253.12%
Original Mortgage
$340,800
Outstanding Balance
$338,201
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$61,178

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 31, 2024
Sold by
Thompson Phillip G
Bought by
Moore Charles Robert
Seller's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Mike Dunn
Keller Williams Realty Delmarva
List Price
$99,000
Sold Price
$89,000
Premium/Discount to List
-$10,000
-10.1%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Outstanding Balance
$338,201
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$61,178

Purchase Details

Closed on
Feb 27, 2019
Sold by
Conca Ciolet H
Bought by
Shaw Robert S

Purchase Details

Closed on
Jan 26, 2018
Sold by
Conca Violet H and Conca Edward W
Bought by
Conca Violet H
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 Type Sale Price Title Company
Deed $89,000 Bright Title And Settlement
Deed $56,000 None Listed On Document
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $467,500 +425.3% $292 / Sq Ft
08/09/2024 08/09/24 Sold $89,000 -10.1% --
06/08/2024 06/08/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $99,000 -- --
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
2024 $648 $68,000 $68,000 $0
2023 $604 $63,067 $0 $0
2022 $554 $58,133 $0 $0
2021 $509 $53,200 $53,200 $0
2020 $493 $51,533 $0 $0
2019 $477 $49,867 $0 $0
2018 $454 $48,200 $48,200 $0
2017 $425 $44,867 $0 $0
2016 -- $41,533 $0 $0
2015 $621 $38,200 $0 $0
2014 $621 $38,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2021048

Bright MLS

APN: 03-061019