Seller's Agent in 2018
Debbie Hileman
Hileman Real Estate-Berlin
(443) 235-5982
119 in this area
150 Total Sales
3 Park Place Berlin, MD 21811
Estimated Value: $595,000 - $621,201
4
Beds
2
Baths
1,344
Sq Ft
$451/Sq Ft
Est. Value
Highlights
- Marina
- 1 Dock Slip
- Home fronts navigable water
- Boat Ramp
- Golf Club
- Water Access
About This Home
As of October 2018A beautiful open lagoon is your view from this full width waterfront lot with direct river access! A major remodel was completed a few years ago throughout this raised rancher with ample storage under house, and a kids room on the 2nd level! Numerous sunny windows & vaulted ceilings to take in the views! Tiled bath floors, mirrored closet doors, large kitchen island, pantry, and extra sink w/antique cabinet. Relax outdoors on the rear deck, screened porch, or wrap-around deck! $19,000 Gross Rental Income for 2017!
Last Agent to Sell the Property
(443) 235-5982 debbie@hilemanrealestate.com Hileman Real Estate-Berlin Listed on: 09/09/2018
Last Buyer's Agent
(571) 239-8469 steve.howse@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #670985
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,541
Year Built
- Built in 1974 | Remodeled in 2008
Lot Details
- 7,433 Sq Ft Lot
- Home fronts navigable water
- Home fronts a canal
- Cul-De-Sac
- Cleared Lot
- Property is zoned R-3
HOA Fees
- $118 Monthly HOA Fees
Home Design
- Raised Ranch Architecture
- Rambler Architecture
- Asphalt Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,344 Sq Ft Home
- Property has 1.5 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Recessed Lighting
- Living Room
- Dining Room
- Canal Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Water Access
- Property is near a canal
- Bulkhead
- Physical Dock Slip Conveys
- 1 Dock Slip
- Dock Against Bulkhead
- Lake Privileges
- Deck
- Screened Patio
Schools
- Showell Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 41
- Assessor Parcel Number 03-046699
Community Details
Overview
- Active Adult
- Association fees include common area maintenance, management, reserve funds
- Ocean Pines Association, Phone Number (410) 641-7717
- Ocean Pines Teal Bay Subdivision
- Community Lake
Amenities
- Picnic Area
- Common Area
- Clubhouse
- Community Center
- Meeting Room
- Community Dining Room
- Community Library
- Bar or Lounge
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- Marina
- Beach
- Golf Club
- Golf Course Community
- Golf Course Membership Available
- Private Beach Club
- Tennis Courts
- Baseball Field
- Community Basketball Court
- Community Playground
- Community Indoor Pool
- Heated Community Pool
- Lap or Exercise Community Pool
- Pool Membership Available
- Putting Green
- Recreational Area
- Jogging Path
- Bike Trail
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2018
Closed on
Oct 19, 2018
Sold by
Cox Barbara D and Hunter Cheri C
Bought by
Mollpy Wiliam J and Molloy Mary Lue
Seller's Agent
Debbie Hileman
Hileman Real Estate-Berlin
Buyer's Agent
Steve Howse
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,550
Avg. Annual Appreciation
7.91%
Original Mortgage
$280,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 31, 2007
Sold by
Ellen Holzer Susan
Bought by
Cox Barbara D and Thom Cheri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 23, 2007
Sold by
Ellen Holzer Susan
Bought by
Cox Barbara D and Thom Cheri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 23, 1996
Sold by
Evans Dennis W and Evans Ryan M
Bought by
Ellen Holzer Susan and Solan Lori Michelle
Purchase Details
Closed on
Jul 28, 1995
Sold by
Coston Cordery E
Bought by
Evans Dennis W and Evans Ryan M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mollpy Wiliam J | $350,000 | Capilot Title Ins Agency | |
| Cox Barbara D | $310,000 | -- | |
| Cox Barbara D | $310,000 | -- | |
| Ellen Holzer Susan | $109,500 | -- | |
| Evans Dennis W | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mollpy Wiliam J | $280,000 | |
| Previous Owner | Cox Barbara D | $200,000 | |
| Previous Owner | Cox Barbara D | $200,000 | |
| Closed | Ellen Holzer Susan | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2018 10/19/18 | Sold | $350,000 | -2.8% | $260 / Sq Ft |
| 09/20/2018 09/20/18 | Pending | -- | -- | -- |
| 09/09/2018 09/09/18 | For Sale | $359,900 | -- | $268 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,229 | $349,900 | $0 | $0 |
| 2024 | $3,000 | $320,800 | $179,800 | $141,000 |
| 2023 | $2,986 | $313,433 | $0 | $0 |
| 2022 | $2,916 | $306,067 | $0 | $0 |
| 2021 | $2,859 | $298,700 | $179,200 | $119,500 |
| 2020 | $2,796 | $292,167 | $0 | $0 |
| 2019 | $2,734 | $285,633 | $0 | $0 |
| 2018 | $2,631 | $279,100 | $176,200 | $102,900 |
| 2017 | $2,439 | $268,300 | $0 | $0 |
| 2016 | -- | $257,500 | $0 | $0 |
| 2015 | $2,231 | $246,700 | $0 | $0 |
| 2014 | $2,231 | $246,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Hileman
-
Steve Howse
Buyer's Agent in 2018
Steve Howse
Berkshire Hathaway HomeServices PenFed Realty - OP
(571) 239-8469
22 in this area
27 Total Sales
Map
Source: Bright MLS
MLS Number: 1003245622
APN: 03-046699
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