NOT LISTED FOR SALE

320 Schooner Ln Unit 403 Berlin, MD 21811

Estimated Value: $274,000 - $322,000

3 Beds
2.5 Baths
1,674 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $205,000 $122 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,154/month

46 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Contemporary Architecture
  • Buckingham Elementary School Rated A-
  • Clubhouse
  • 1 Fireplace

About This Home

As of July 2020

Check out this beautiful townhome! 3 bedrooms and 2.5 baths, with many closets throughout to provide more than enough storage space. Newer laminate flooring on the main level, and carpet upstairs. Fresh paint throughout! Huge windows that let in tons of natural light, 10' ceilings on main level, nice-sized bedrooms, and eat-in kitchen with fireplace. Privacy-fenced backyard with gate out to common area, abundant community amenities. All of these great features, less than 2 miles from downtown Berlin, and 10 miles from downtown Ocean City!

Last Agent to Sell the Property

Kimberly Justice

EXP Realty, LLC Listed on: 04/23/2020

EXP Realty, LLC

Co-Listed By

Kevin Utz

EXP Realty, LLC License #607011

Last Buyer's Agent

Melissa Strawbridge

Iron Valley Real Estate Ocean City License #653560

Iron Valley Real Estate Ocean City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,674 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Dining Area

Kitchen

  • Built-In Oven
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Buckingham Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tax Lot 403
  • Assessor Parcel Number 03-166317

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Decatur Farm/Baker & Associates HOA, Phone Number (410) 723-9495
  • Ocean Point Ltd Condos, Phone Number (410) 723-7144
  • Decatur Farm Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,853

Year Built

Built in 2006

Lot Details

0

HOA Fees

$180 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2006
  • Remarks Public: Check out this beautiful townhome! 3 bedrooms and 2.5 baths, with many closets throughout to provide more than enough storage space. Newer laminate flooring on the main level, and carpet upstairs. Fresh paint throughout! Huge windows that let in tons of natural light, 10' ceilings on main level, nice-sized bedrooms, and eat-in kitchen with fireplace. Privacy-fenced backyard with gate out to common area, abundant community amenities. All of these great features, less than 2 miles from downtown Berlin, and 10 miles from downtown Ocean City!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1674
  • Living Area Sq Ft: 1674
  • Price Per Sq Ft: 123.66
  • Above Grade Finished Sq Ft: 1674
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 195.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 115.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Ocean Point LTD
  • Condo Co-Op Phone: 410-723-7144
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Fitness Center, Lake, Pool - Outdoor, Recreational Center, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: DECATUR FARM/BAKER & ASSOCIATES
  • HOA Phone: 410-723-9495
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: BUCKINGHAM
  • 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: BUCKINGHAM
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 012
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5392216
  • Tax Annual Amount: 2853.00
  • Assessor Parcel Number: 03-166317
  • Tax Lot: 403
  • Tax Total Finished Sq Ft: 1674
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/27/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jul 27, 2020
Sold by
Street Jacob W
Bought by
Zobenica Joshua Allen and Zobenica Kaitlin Marie
Seller's Agent
Kimberly Justice
EXP Realty, LLC
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$207,000
Sold Price
$205,000
Premium/Discount to List
-$2,000
-0.97%
Current Estimated Value
$306,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,321
Avg. Annual Appreciation
8.27%
Original Mortgage
$201,286
Outstanding Balance
$178,628
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$127,141

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 28, 2019
Sold by
Fagger Samuel David
Bought by
Street Jacob W
Seller's Agent
Jim Wilson
Coastal Life Realty Group LLC
Buyer's Agent
Leslie Smith
Sheppard Realty Inc
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$144,375
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2017
Sold by
Decker Thomas W
Bought by
Faggert Samuel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Centex Homes
Bought by
Decker Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,990
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Centex Homes
Bought by
Decker Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,990
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Zobenica Joshua Allen $205,000 Real Estate Title & Escrow
Street Jacob W $192,500 Real Estate Title & Escrow
Faggert Samuel David $183,000 None Available
Decker Thomas W $239,990 --
Decker Thomas W $239,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zobenica Joshua Allen $35,000
Open Zobenica Joshua Allen $201,286
Previous Owner Street Jacob W $144,375
Previous Owner Faggert Samuel David $146,400
Previous Owner Decker Thomas W $118,500
Previous Owner Decker Thomas W $227,990
Previous Owner Decker Thomas W $227,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $205,000 -1.0% $122 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $207,000 +7.5% $124 / Sq Ft
08/28/2019 08/28/19 Sold $192,500 -3.7% $115 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $199,900 -- $119 / 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 $3,566 $217,567 $0 $0
2024 $3,566 $200,800 $100,400 $100,400
2023 $3,385 $189,667 $0 $0
2022 $3,149 $178,533 $0 $0
2021 $2,966 $167,400 $83,700 $83,700
2020 $2,853 $162,367 $0 $0
2019 $2,751 $157,333 $0 $0
2018 $2,323 $152,300 $76,100 $76,200
2017 $2,169 $142,800 $0 $0
2016 -- $133,300 $0 $0
2015 -- $123,800 $0 $0
2014 $2,479 $123,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO113450

Bright MLS

APN: 03-166317