NOT LISTED FOR SALE

322 Ocean Pkwy Berlin, MD 21811

Estimated Value: $553,000 - $638,000

5 Beds
3 Baths
1,728 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $363,000 $210 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,623/month

215 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Home fronts navigable water
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Water Access

About This Home

As of October 2020

Spacious Waterfront Living! This 5 bedroom 3 bath home is located on a wide canal with a dock. Cozy living room features wood burning fireplace. Kitchen opens to the dining room. Home has some replaced windows, spacious upstairs master suite. Convenient 2nd floor laundry area. Back screened porch overlooks the canal. Plenty of room for storage in the outside shed. Call for your personal tour.

Last Agent to Sell the Property

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490 Listed on: 01/29/2020

Last Buyer's Agent

Phillip Knight

Northrop Realty License #rs0025919

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1975

Lot Details

  • 9,210 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned R-3

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Stick Built Home

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Canal Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Screened Patio
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 532
  • Assessor Parcel Number 03-078264

Community Details

Overview

  • Association fees include road maintenance, snow removal
  • $25 Other One-Time Fees
  • Ocean Pines Association, Phone Number (410) 641-7717
  • Ocean Pines Teal Bay Subdivision

Amenities

  • Community Center

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 1975

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-01-29
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious Waterfront Living! This 5 bedroom 3 bath home is located on a wide canal with a dock. Cozy living room features wood burning fireplace. Kitchen opens to the dining room. Home has some replaced windows, spacious upstairs master suite. Convenient 2nd floor laundry area. Back screened porch overlooks the canal. Plenty of room for storage in the outside shed. Call for your personal tour.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Disposal, Dryer, Washer, Water Heater, Dishwasher
  • Interior Amenities: Primary Bath(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 219.91
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 322

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: T-1-11, Frame, Stick Built
  • Roof: Asphalt
  • Spa: No
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1451.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Community Center, Golf Course, Golf Course Membership Available, Jog/Walk Path, Marina/Marina Club, Pool Mem Avail, Pool - Outdoor, Pool - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 25.00
  • Other Fees Frequency: One Time

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9210.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: R-3
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5384664
  • Tax Annual Amount: 2795.00
  • Assessor Parcel Number: 03-078264
  • Tax Lot: 532
  • Tax Total Finished Sq Ft: 1728
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/06/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Oct 6, 2020
Sold by
Welch Marilyn K and Rauch Glenn C
Bought by
Facciolo Eric A
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Phillip Knight
Northrop Realty
List Price
$394,900
Sold Price
$363,000
Premium/Discount to List
-$31,900
-8.08%
Current Estimated Value
$590,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,530
Avg. Annual Appreciation
10.88%
Original Mortgage
$344,850
Outstanding Balance
$307,567
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$291,968
Source: Public Records

Range of Values:

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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
Facciolo Eric A $363,000 Real Estate Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Facciolo Eric A $344,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $363,000 -4.5% $210 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $380,000 -3.8% $220 / Sq Ft
01/29/2020 01/29/20 For Sale $394,900 -- $229 / 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 $3,404 $392,567 $0 $0
2024 $3,404 $357,300 $163,300 $194,000
2023 $3,197 $335,567 $0 $0
2022 $2,990 $313,833 $0 $0
2021 $2,795 $292,100 $162,300 $129,800
2020 $2,643 $284,133 $0 $0
2019 $2,643 $276,167 $0 $0
2018 $2,529 $268,200 $159,600 $108,600
2017 $2,402 $260,933 $0 $0
2016 -- $253,667 $0 $0
2015 $2,130 $246,400 $0 $0
2014 $2,130 $246,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bethany Drew

    Seller's Agent in 2020

    Bethany Drew

    Hileman Real Estate-Berlin

    (410) 430-2602

    171 in this area

    477 Total Sales

    Section Image
  • Phillip Knight

    Buyer's Agent in 2020

    Phillip Knight

    Creig Northrop Team of Long & Foster

    (302) 278-3221

    19 in this area

    165 Total Sales

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Map

Source: Bright MLS

MLS Number: MDWO111548

Bright MLS

APN: 03-078264

Maryland Worcester County Berlin 21811

322 Ocean Pkwy, Berlin, MD

This home is located at 322 Ocean Pkwy, Berlin, MD 21811 since 29 January 2020 and is currently estimated at $599,535, approximately $346 per square foot. This property was built in 1975. 322 Ocean Pkwy is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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