NOT LISTED FOR SALE

27 Canal Rd Berlin, MD 21811

Estimated Value: $368,000 - $419,358

0 Acre
-- Price per Acre
9,779 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $47,000 $34 Per Sq Ft

Est. 745% increase in value since last sale

Current estimated payment $2,384/month

Highlights

  • Marina
  • Golf Course Community
  • Wooded Lot
  • Showell Elementary School Rated A-
  • Private Beach Club
  • 4-minute walk to Bainbridge Park

About This Lot

As of December 2014

Great lot to build your dream home on near the beach! Easy access to North Gate. Close to Bainbridge Park and not far from White Horse Park. Just imagine your home away from home right here in Ocean Pines!

Last Agent to Sell the Property

Sandy Dougan

(410) 726-6557 sdouganrealtor@yahoo.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0024742 Listed on: 08/18/2014

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Sharon Curtiss

(410) 726-4260 sharon.curtiss@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,415

Lot Details

  • 9,779 Sq Ft Lot
  • Lot Dimensions are 106 x 10 x 50 x 131 x 75
  • Wooded Lot
  • Zoning described as R2

HOA Fees

  • $76 Monthly HOA Fees

Schools

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

Additional Features

  • Flood Risk
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 048888

Community Details

Overview

  • Ocean Pines Somerset Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$2,415

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Great lot to build your dream home on near the beach! Easy access to North Gate. Close to Bainbridge Park and not far from White Horse Park. Just imagine your home away from home right here in Ocean Pines!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.51
  • Street Number Modifier: 27

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: No Sewer System
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 909.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Golf Course, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • 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: Trees/Wooded
  • Lot Dimensions: 106 x 10 x 50 x 131 x 75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9779.00
  • Possible Use: Residential
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5382010
  • Assessor Parcel Number: 048888
  • Tax Lot: 161
  • County Tax Payment Frequency: Annually
  • Close Date: 12/12/2014

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2015
Sold by
Jones Robert D
Bought by
Pyle David J and Pyle Dianne V
Current Estimated Value
$397,090

Purchase Details

Listed on
Aug 18, 2014
Closed on
Dec 12, 2014
Sold by
Pickett John and Pickett Angela Mary
Bought by
Jones Robert D
Seller's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Sharon Curtiss
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$53,900
Sold Price
$47,000
Premium/Discount to List
-$6,900
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.74%
Original Mortgage
$188,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 11, 2011
Closed on
Apr 6, 2012
Sold by
Tyler Derwood R and Tyler Christine F
Bought by
Pickett John and Pickett Angela Mary
Seller's Agent
Greg Erdie
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Greg Erdie
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$49,900
Sold Price
$41,500
Premium/Discount to List
-$8,400
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Apr 15, 1985
Sold by
Delaney Peter Jerome
Bought by
Kline Terrance L and Kline Dennis
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
Pyle David J $239,500 Maryland Title Services
Jones Robert D $47,000 None Available
Pickett John $41,500 Title Resources Guaranty Com
Kline Terrance L $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Robert D $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2015 09/28/15 Pending -- -- --
12/12/2014 12/12/14 Sold $47,000 -12.8% $34 / Sq Ft
08/19/2014 08/19/14 For Sale $53,900 +29.9% $39 / Sq Ft
04/06/2012 04/06/12 Sold $41,500 -16.8% $30 / Sq Ft View Prior Sale
03/20/2012 03/20/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $49,900 -- $36 / 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 $2,415 $328,467 $0 $0
2024 $2,415 $298,900 $82,200 $216,700
2023 $2,326 $274,733 $0 $0
2022 $2,239 $250,567 $0 $0
2021 $2,167 $226,400 $67,300 $159,100
2020 $2,125 $222,067 $0 $0
2019 $2,084 $217,733 $0 $0
2018 $2,021 $213,400 $62,300 $151,100
2017 $2,021 $213,400 $0 $0
2016 -- $213,400 $0 $0
2015 -- $38,300 $0 $0
2014 $622 $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000862096

Bright MLS

APN: 03-048888