NOT LISTED FOR SALE

27 Leslie Mews Ocean Pines, MD 21811

Estimated Value: $603,000 - $649,000

0.32 Acre
$1,946,519 Price per Acre
13,939 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $560,000

Est. 11% increase in value since last sale

Current estimated payment $3,717/month

15 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Marina
  • Golf Course Community
  • Showell Elementary School Rated A-
  • Private Dock Site
  • Access to Tidal Water

About This Lot

As of September 2023

Presenting an exceptional opportunity to own a stunning waterfront lot in the prestigious "Terns Landing" community. This gem is nestled on a tranquil cul-de-sac, surrounded by meticulously maintained and exquisite homes, enhancing the charm and exclusivity of the neighborhood.

This exceptional lot boasts an impressive 80 feet of waterfrontage, perfectly positioned to directly face the captivating Assawoman Bay. Imagine waking up every day to the sight of shimmering waters and breathtaking vistas that stretch as far as the eye can see. Your future dream home will be the perfect vantage point to enjoy these spectacular water views, making every moment truly magical.

The current owners have made thoughtful investments in the property, including the replacement of the bulkhead with high-quality composite material in 2022. This not only adds immediate value to the property but also provides a secure foundation for potential dock construction. With this crucial infrastructure in place, you'll have the opportunity to create a personal oasis that blends seamlessly with the surrounding natural beauty.

Embrace the coastal lifestyle to the fullest by building your dream home on this remarkable lot. Beyond the property's captivating attributes, you'll have access to an array of amenities that the Ocean Pines community offers. Whether you're a sports enthusiast, nature lover, or simply seek relaxation, there's something for everyone. Enjoy amenities such as a baseball field, basketball courts, beach club, bike trails, boat ramp, community center, dog park, golf course, marina, indoor and outdoor pools, tennis courts, and inviting tot lots and playgrounds.

This exceptional opportunity is not one to be missed. With its prime location, stunning waterfrontage, and the wealth of amenities at your fingertips, this lot won't remain on the market for long. Seize the chance to own a piece of paradise in the coveted Terns Landing community and start the journey toward creating a life that embraces both luxury and natural beauty.

Don't hesitate – schedule a viewing today to witness the true potential of this remarkable property before it's gone.

Last Agent to Sell the Property

Kathy Hubbard

RE/MAX Realty Group License #3310948 Listed on: 08/15/2023

RE/MAX Realty Group

Co-Listed By

Susan McFarland

RE/MAX Realty Group License #310632

Last Buyer's Agent

Kevin Decker

Coastal Life Realty Group LLC License #532548

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,278

Lot Details

  • 0.32 Acre Lot
  • 80 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned R-3

HOA Fees

  • $81 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Location

  • Flood Risk

Schools

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

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 2403129985

Community Details

Overview

  • $150 Capital Contribution Fee
  • Association fees include management
  • Ocean Pines HOA
  • Ocean Pines Terns Landing Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail
  • Access to Tidal Water
  • Private Water Access
  • Property near a bay
  • Bulkhead
  • Private Dock Site

Property Details

Property Type

Land

Est. Annual Taxes

$2,278

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 43.92
  • Street Number Modifier: 27

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Bay, Canal
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 80

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, Bar/Lounge, Beach Club, Bike Trail, Boat Dock/Slip, Club House, Common Grounds, Community Center, Golf Course, Golf Course Membership Available, Jog/Walk Path, Marina/Marina Club, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management
  • HOA Name: OCEAN PINES
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 150.00

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Bulkheaded, Cleared, Cul-De-Sac
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Year Assessed: 2020
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2278.00
  • Assessor Parcel Number: 2403129985
  • Tax Lot: 69
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/28/2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Braun Melvin
Bought by
Hartman Wayne A and Hartman Sharon A
Current Estimated Value
$622,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Outstanding Balance
$1,041,349
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$474,257

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 28, 2023
Sold by
Omalley Thomas J and Omalley Lisa A
Bought by
Braun Melvin
Seller's Agent
Kathy Hubbard
RE/MAX Realty Group
Buyer's Agent
Kevin Decker
Coastal Life Realty Group LLC
List Price
$614,900
Sold Price
$560,000
Premium/Discount to List
-$54,900
-8.93%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 25, 2021
Sold by
Laviola John Michael and Laviola Theresa Wright
Bought by
Omalley Thomas J and Omailey Lisa A
Seller's Agent
Mary MCCracken
Mary McCracken Realty, Inc
Buyer's Agent
Bill Hunt
RE/MAX Advantage Realty
List Price
$440,000
Sold Price
$445,000
Premium/Discount to List
$5,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Burdt Judith A and Burdt Family Trust
Bought by
Laviola John Michael and Laviol Theresa Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,900
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1997
Sold by
Solgar Co Inc
Bought by
Burdt William G and ,Trustee Judith A
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
Hartman Wayne A $575,000 Fidelity National Title
Hartman Wayne A $575,000 Fidelity National Title
Braun Melvin $560,000 None Listed On Document
Omalley Thomas J $445,000 Brennan Title Company
Laviola John Michael $375,000 None Available
Burdt William G $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Wayne A $1,045,000
Closed Hartman Wayne A $1,045,000
Previous Owner Laviola John Michael $383,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $560,000 -8.9% --
08/15/2023 08/15/23 For Sale $614,900 +38.2% --
06/30/2021 06/30/21 Sold $445,000 +1.1% --
05/30/2021 05/30/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $440,000 -1.1% --
05/01/2021 05/01/21 Off Market $445,000 -- --
05/01/2021 05/01/21 For Sale $440,000 -- --
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 $2,268 $238,000 $238,000 $0
2023 $2,278 $238,000 $238,000 $0
2022 $2,268 $238,000 $238,000 $0
2021 $2,278 $238,000 $238,000 $0
2020 $2,278 $238,000 $238,000 $0
2019 $2,278 $238,000 $238,000 $0
2018 $2,244 $238,000 $238,000 $0
2017 $1,859 $217,167 $0 $0
2016 $2,355 $196,333 $0 $0
2015 $2,355 $175,500 $0 $0
2014 $2,355 $175,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2015674

Bright MLS

APN: 03-129985