NOT LISTED FOR SALE

24 Lookout Point Berlin, MD 21811

Estimated Value: $739,773 - $782,000

3 Beds
3 Baths
2,245 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $505,000 $225 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,527/month

About This Home

As of January 2021

Unique 3 bedroom, 3 full bath waterfront home located in the sought out Ocean Pines Community. Fabulous open floor plan with an abundance of natural sunlight pouring through the long living room windows. This home has many updates, including new electrical light switches and outlets in the entire house. New washer/dryer, new security system, new window treatments in most of the home. Enjoy the warming gas fireplace for cold nights, and gorgeous views of the canal from your private screened in porch off of the kitchen. Large master with wood trimmed glass door opening to your own balcony overlooking the water and spacious walk-in closet with extra storage. Ocean Pines offers many amenities, including 5 swimming pools, golf courses, marinas, restaurants and more. Full list of upgrades are available in documents. Now is the time to Invest in the Beach Lifestyle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 22, 2021
Sold by
Neddo Eugene G and Neddo Robin A
Bought by
Berke Andrew and Berke Margaret M
Seller's Agent
Erik Windrow
Keller Williams Realty
Buyer's Agent
Monica McNamara
Coldwell Banker Realty
List Price
$474,950
Sold Price
$505,000
Premium/Discount to List
$30,050
6.33%
Current Estimated Value
$759,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,693
Avg. Annual Appreciation
9.02%
Original Mortgage
$429,250
Outstanding Balance
$382,362
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$377,331

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jul 31, 2020
Sold by
Gibbons Joe P and Estate Of Eileen Gibbons
Bought by
Neddo Eugene G and Neddo Robin A
Seller's Agent
Colleen Deptula
Coldwell Banker Realty
Buyer's Agent
Nicholas Elko
O'Conor, Mooney & Fitzgerald
List Price
$498,000
Sold Price
$430,000
Premium/Discount to List
-$68,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.79%
Original Mortgage
$365,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1986
Sold by
Dalphon George W and Mary Trimble
Bought by
Gibbons Joe P and Gibbons Eileen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
10.23%

Purchase Details

Closed on
Mar 29, 1984
Sold by
Rick Firth Realty Inc
Bought by
Dalphon George W and Mary Trimble

Purchase Details

Closed on
Oct 11, 1982
Sold by
Buxton Russell Orin
Bought by
Rick Firth Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
14.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Berke Andrew $505,000 Resort Land T&E Llc
Neddo Eugene G $430,000 None Available
Gibbons Joe P $37,000 --
Dalphon George W $23,500 --
Rick Firth Realty Inc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berke Andrew $429,250
Previous Owner Neddo Eugene G $365,500
Previous Owner Gibbons Joe P $17,000
Previous Owner Rick Firth Realty Inc $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $505,000 +6.3% $225 / Sq Ft View Prior Sale
12/12/2020 12/12/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $474,950 +10.5% $212 / Sq Ft
07/31/2020 07/31/20 Sold $430,000 -4.4% $192 / Sq Ft View Prior Sale
06/24/2020 06/24/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $450,000 -4.3% $200 / Sq Ft
02/08/2020 02/08/20 Price Changed $470,000 -2.1% $209 / Sq Ft
11/16/2019 11/16/19 Price Changed $480,000 -1.0% $214 / Sq Ft
10/24/2019 10/24/19 Price Changed $485,000 -2.6% $216 / Sq Ft
08/15/2019 08/15/19 For Sale $498,000 -- $222 / Sq Ft

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 $4,535 $540,233 $0 $0
2024 $4,535 $476,000 $180,300 $295,700
2023 $4,213 $442,233 $0 $0
2022 $3,892 $408,467 $0 $0
2021 $3,586 $374,700 $179,500 $195,200
2020 $3,307 $361,500 $0 $0
2019 $3,307 $348,300 $0 $0
2018 $3,088 $335,100 $176,500 $158,600
2017 $3,002 $326,033 $0 $0
2016 -- $316,967 $0 $0
2015 -- $307,900 $0 $0
2014 $2,541 $307,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erik Windrow

    Seller's Agent in 2021

    Erik Windrow

    Keller Williams Realty

    (410) 430-5333

    61 in this area

    175 Total Sales

    Erik Windrow
    Section Image
  • Monica McNamara

    Buyer's Agent in 2021

    Monica McNamara

    Coldwell Banker Realty

    (410) 524-6111

    12 in this area

    84 Total Sales

    Monica McNamara
    Section Image
  • Colleen Deptula

    Seller's Agent in 2020

    Colleen Deptula

    Coldwell Banker Realty

    (443) 880-3471

    12 in this area

    12 Total Sales

    Colleen Deptula
    Section Image
  • Nicholas Elko

    Buyer's Agent in 2020

    Nicholas Elko

    O'Conor, Mooney & Fitzgerald

    (443) 253-4304

    6 in this area

    75 Total Sales

    Nicholas Elko
    Section Image
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Map

Maryland Worcester County Berlin 21811

24 Lookout Point, Berlin, MD

This home is located at 24 Lookout Point, Berlin, MD 21811 and is currently estimated at $759,693, approximately $338 per square foot. 24 Lookout Point is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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