NOT LISTED FOR SALE

24 Ivanhoe Ct Ocean Pines, MD 21811

Estimated Value: $576,000 - $780,000

0.58 Acre
$1,125,486 Price per Acre
25,265 Sq Ft Lot

Last Sold May 12, 2017

Last sale price $172,500

Est. 278% increase in value since last sale

Current estimated payment $3,884/month

Highlights

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

About This Lot

As of May 2017

This is the year to build your dream waterfront home! Great views from this oversized waterfront lot located at the end of a cul-de-sac with over 150 ft of bulkheading the lot intersects with 2 canals - new survey on file. Close to OP Golf & Country Club.

Last Agent to Sell the Property

Linda Zaretsky

(410) 603-6625 linda.zaretsky@penfedrealty.com Long & Foster Real Estate, Inc. License #634348 Listed on: 07/11/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Grimes

(410) 251-6821 montegomike@verizon.net Montego Bay Realty License #90378

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,538

Lot Details

  • 0.58 Acre Lot
  • Home fronts navigable water
  • Cul-De-Sac
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $115 Monthly HOA Fees

Property Views

  • Canal Views

Schools

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

Utilities

  • Water Service Lateral Not Installed
  • Municipal Trash
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 595
  • Assessor Parcel Number 090345

Community Details

Overview

  • Ocean Pines Association
  • Ocean Pines Teal Bay Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$3,538

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: This is the year to build your dream waterfront home! Great views from this oversized waterfront lot located at the end of a cul-de-sac with over 150 ft of bulkheading the lot intersects with 2 canals - new survey on file. Close to OP Golf & Country Club.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.10
  • Street Number Modifier: 24

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1374.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded, Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25347.00
  • Possible Use: Residential
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5385755
  • Assessor Parcel Number: 090345
  • Tax Lot: 595
  • County Tax Payment Frequency: Annually
  • Close Date: 05/12/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
May 12, 2017
Sold by
Derop Michael E
Bought by
Crim Steven M and Crim Regine M
Seller's Agent
Linda Zaretsky
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Grimes
Montego Bay Realty
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%
Current Estimated Value
$652,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,282
Avg. Annual Appreciation
17.12%
Original Mortgage
$129,375
Outstanding Balance
$107,591
Interest Rate
4.1%
Mortgage Type
Unknown
Estimated Equity
$545,191

Purchase Details

Closed on
Apr 2, 1998
Sold by
Derop Michael F and Derop Francine D
Bought by
Derop Michael F

Purchase Details

Closed on
Nov 18, 1987
Sold by
Krokowski Annagrace and Krokowski Walter P
Bought by
Derop Michael F and Derop Francine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
10.66%

Purchase Details

Closed on
Oct 25, 1984
Sold by
Gebhart Francis J
Bought by
Krokowski Annagrace and Krokowski Walter P
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 Buyer Sale Price Title Company
Crim Steven M $172,500 None Available
Derop Michael F -- --
Derop Michael F $74,900 --
Krokowski Annagrace $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crim Steven M $129,375
Previous Owner Derop Michael F $59,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $172,500 -4.2% --
04/13/2017 04/13/17 Pending -- -- --
07/11/2016 07/11/16 For Sale $180,000 -- --
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 $3,538 $402,900 $0 $0
2024 $3,538 $371,300 $190,500 $180,800
2023 $3,435 $360,500 $0 $0
2022 $3,332 $349,700 $0 $0
2021 $3,243 $338,900 $186,200 $152,700
2020 $1,632 $328,767 $0 $0
2019 $1,616 $168,867 $0 $0
2018 $1,576 $167,200 $167,200 $0
2017 $1,583 $167,200 $0 $0
2016 $1,631 $167,200 $0 $0
2015 $1,797 $167,200 $0 $0
2014 $1,797 $167,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Zaretsky

    Seller's Agent in 2017

    Linda Zaretsky

    Long & Foster

    (410) 603-6625

    9 in this area

    20 Total Sales

    Linda Zaretsky
    Section Image
  • Michael Grimes

    Buyer's Agent in 2017

    Michael Grimes

    Montego Bay Realty

    (410) 251-6821

    2 in this area

    37 Total Sales

    Michael Grimes
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000863142

Bright MLS

APN: 03-090345

Maryland Worcester County Ocean Pines 21811

24 Ivanhoe Ct, Ocean Pines, MD

This home is located at 24 Ivanhoe Ct, Ocean Pines, MD 21811 since 11 July 2016 and is currently estimated at $652,782. 24 Ivanhoe Ct is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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