NOT LISTED FOR SALE

27 Teal Cir Ocean Pines, MD 21811

Estimated Value: $493,324 - $612,000

4 Beds
3 Baths
2,016 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $343,000 $170 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,357/month

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Water Oriented

About This Home

As of August 2018

Absolutely a spectacular home with views of the water from wrap around deck and screen porch awaits your summer arrival. Home is located in Teal Bay of Ocean Pines only minutes from the Beaches of Ocean City, MD This one of kind 4 bedroom 3 bath home with 2 gorgeous floors of wonderful living and bedroom space. This boasts recent renovations from gourmet chef designed kitchen in 2017, remodeled master bath in 2017,new hardwood flooring in 2016, New heat pump, Air exchange and WIFI thermostat in 2015 and New Roof in 2011. Other renovations and upgrades to this magnificent home are the following: Plantation Shutters throughout second floor, gutter helmets , waterline replaced to home, new ceiling fans installed, new screens for Porch, Cedar Ceiling in Screened porch, new water heater, drip irrigation system, new garage doors, vinyl trim exterior and deck replacement, reparge foundation, wired for surround sound, all windows rescreened, and all new interior doors ! Home is complete with Encapsulated Crawl space completed in 2017. This an absolute MUST SEE home to believe Call now for your private showing !

Last Agent to Sell the Property

Deborah Bennington

(410) 603-8065 debbennington4@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #621595 Listed on: 06/12/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Marlene Ott

(443) 430-5743 marlene@marleneott.com Berkshire Hathaway HomeServices PenFed Realty - OP License #16892

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1990 | Remodeled in 2017

Lot Details

  • 7,500 Sq Ft Lot
  • Creek or Stream
  • Southeast Facing Home
  • Sprinkler System
  • Wooded Lot
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R-3

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Bay
  • Woods

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer

Outdoor Features

  • Water Oriented
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Wrap Around Porch

Schools

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

Utilities

  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 03-083845

Community Details

Overview

  • Ocean Pines Association, Phone Number (410) 641-7717
  • Ocean Pines Teal Bay Subdivision

Amenities

  • Community Center
  • Community Library

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Beach
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,023

Year Built

Built in 1990 | Remodeled in 2017

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: All Furniture
  • Federal Flood Insurance: Unknown
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Year Renovated: 2017
  • Remarks Public: Absolutely a spectacular home with views of the water from wrap around deck and screen porch awaits your summer arrival. Home is located in Teal Bay of Ocean Pines only minutes from the Beaches of Ocean City, MD This one of kind 4 bedroom 3 bath home with 2 gorgeous floors of wonderful living and bedroom space. This boasts recent renovations from gourmet chef designed kitchen in 2017, remodeled master bath in 2017,new hardwood flooring in 2016, New heat pump, Air exchange and WIFI thermostat in 2015 and New Roof in 2011. Other renovations and upgrades to this magnificent home are the following: Plantation Shutters throughout second floor, gutter helmets , waterline replaced to home, new ceiling fans installed, new screens for Porch, Cedar Ceiling in Screened porch, new water heater, drip irrigation system, new garage doors, vinyl trim exterior and deck replacement, reparge foundation, wired for surround sound, all windows rescreened, and all new interior doors ! Home is complete with Encapsulated Crawl space completed in 2017. This an absolute MUST SEE home to believe Call now for your private showing !
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Sliding Glass, Insulated
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 173.56
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Lawn Sprinkler
  • Roof: Asphalt
  • View: Bay, Trees/Woods
  • Water Access: No
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Beach Club, Bike Trail, Boat Dock/Slip, Boat Ramp, Cable, Community Center, Golf Course, Golf Course Membership Available, Library, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, In Ground, Heated, Lap/Exercise

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
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Features: Backs To Trees, Front Yard, Rear Yard, Trees/Wooded
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es), Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R-3
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5385168
  • Tax Annual Amount: 2023.00
  • Assessor Parcel Number: 03-083845
  • Tax Lot: 41
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/31/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 31, 2018
Sold by
Drenning Suzanne Lepage and Estate Of David Lepage
Bought by
Kelly Ii Richard Lee and Kelly Colleen Sobus
Seller's Agent
Deborah Bennington
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Marlene Ott
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$349,900
Sold Price
$343,000
Premium/Discount to List
-$6,900
-1.97%
Current Estimated Value
$571,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,081
Avg. Annual Appreciation
7.41%
Original Mortgage
$325,850
Outstanding Balance
$284,186
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$286,895

Purchase Details

Closed on
Jan 27, 2000
Sold by
Stricker Edward R and Stricker Elizabeth A
Bought by
Lepage David

Purchase Details

Closed on
Sep 6, 1989
Sold by
Eastern Shore Development Company
Bought by
Stricker Edward R and Stricker Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
10.22%
Source: Public Records

Range of Values:

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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
Kelly Ii Richard Lee $343,000 None Available
Lepage David $153,000 --
Stricker Edward R $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Ii Richard Lee $325,850
Previous Owner Stricker Edward R $37,800
Closed Lepage David --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $343,000 -2.0% $170 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $349,900 -- $174 / 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 $2,998 $350,333 $0 $0
2024 $2,998 $314,700 $80,500 $234,200
2023 $2,845 $298,567 $0 $0
2022 $2,691 $282,433 $0 $0
2021 $2,549 $266,300 $66,200 $200,100
2020 $2,424 $253,300 $0 $0
2019 $2,300 $240,300 $0 $0
2018 $2,083 $227,300 $61,200 $166,100
2017 $1,894 $213,633 $0 $0
2016 $1,894 $199,967 $0 $0
2015 $1,479 $186,300 $0 $0
2014 $1,479 $186,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001838346

Bright MLS

APN: 03-083845