NOT LISTED FOR SALE

29 Preakness Dr Ocean Pines, MD 21811

Estimated Value: $143,254 - $301,000

0.23 Acre
$812,235 Price per Acre
10,060 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $125,000

Est. 49% increase in value since last sale

Current estimated payment $1,144/month

35 Days on Market

About This Lot

As of January 2023

30 Lots for sale now in Ocean Pine's Newest Neighborhood in the last 15 years

Last Agent to Sell the Property

GREG STEEN

(443) 235-2325 steen@beachin.net Steen Realty Inc Listed on: 11/09/2022

Last Buyer's Agent

GREG STEEN

(443) 235-2325 steen@beachin.net Steen Realty Inc Listed on: 11/09/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 10,060 Sq Ft Lot
  • Lot Dimensions are 80 x 129
  • Cleared Lot
  • Property is zoned R1

HOA Fees

  • $74 Monthly HOA Fees

Property Views

  • Woods
  • Pasture

Community Details

  • Ocean Pines Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Remarks Public: 30 Lots for sale now in Ocean Pine's Newest Neighborhood in the last 15 years
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.43
  • Street Number Modifier: 29

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods, Pasture
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 890.00
  • HOA Fee Frequency: Annually
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.23
  • Lot Dimensions: 80 x 129
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10060.11
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1200.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2022
  • Close Date: 01/27/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 3, 2023
Sold by
Triple Crown Iii Llc
Bought by
Thomas Dale Patrick and Thomas Mary Lynn
Seller's Agent
GREG STEEN
Steen Realty Inc
Buyer's Agent
GREG STEEN
Steen Realty Inc
List Price
$125,000
Sold Price
$125,000
Views
3
Current Estimated Value
$186,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,814
Avg. Annual Appreciation
15.73%
Original Mortgage
$80,000
Outstanding Balance
$70,215
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$116,599
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
Thomas Dale Patrick $125,000 Ocean Investments Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Dale Patrick $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2023 01/27/23 Sold $125,000 0.0% --
12/14/2022 12/14/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $125,000 0.0% --
06/24/2022 06/24/22 Sold $125,000 0.0% -- View Prior Sale
05/16/2022 05/16/22 Pending -- -- --
09/23/2021 09/23/21 For Sale $125,000 -- --
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 $1,095 $118,667 $0 $0
2024 $1,115 $117,000 $117,000 $0
2023 $1,115 $117,000 $117,000 $0
2022 $1,115 $117,000 $117,000 $0
Source: Public Records

Agents Affiliated with this Home

  • GREG STEEN

    Seller's Agent in 2023

    GREG STEEN

    Steen Realty Inc

    (443) 235-2325

    40 in this area

    55 Total Sales

    GREG STEEN
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Map

Source: Bright MLS

MLS Number: MDWO2011204

Bright MLS

APN: 03-769393

Maryland Worcester County Ocean Pines 21811

29 Preakness Dr, Ocean Pines, MD

This home is located at 29 Preakness Dr, Ocean Pines, MD 21811 since 09 November 2022 and is currently estimated at $186,814. 29 Preakness Dr is a home located in Worcester County with nearby schools including Showell Elementary School, Berlin Intermediate School, and Stephen Decatur Middle School.

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