NOT LISTED FOR SALE

331 Ocean Pkwy Berlin, MD 21811

Estimated Value: $443,000 - $566,418

3 Beds
2 Baths
1,188 Sq Ft
$445/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $330,000 $278 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,253/month

23 Days on Market

Highlights

  • Private Dock Site
  • Home fronts navigable water
  • Fishing Allowed
  • Showell Elementary School Rated A-
  • Canoe or Kayak Water Access
  • Open Floorplan

About This Home

As of November 2018

This unique waterfront home has been beautifully renovated from top to bottom, inside and out - keeping the unique character of the original 4X10 douglas fir open beams and the 1x4 tongue and groove plank ceiling. The home is in immaculate, move-in condition and is being sold with all furnishings. Enjoy your large waterfront deck, the lovely gardens with native plants, and the very quick access out just one canal to the St. Martin River and the surrounding bays. New cork flooring in great room and kitchen, and new carpet in bedrooms and hallways. Complete renovation of kitchen including quartz counter tops, new cabinets and all new kitchen appliances. Also, new tankless hot water heater and washer/dryer. New energy efficient, durable metal roof in 2016, expected to last at least 40 years. Crawl space updated in 2017, including installation of perimeter surface water drain. Recent electrical inspection, including replacement of all receptacles and switches. New ceiling fans, new interior and exterior lighting, and new interior six panel doors. Also updated: all exterior siding, all windows and exterior doors, and vinyl railing on deck.

Last Agent to Sell the Property

Julie Woulfe

(443) 604-0186 jwoulfe@shamrockrealty.com ERA Martin Associates, Shamrock Division Listed on: 09/20/2018

Last Buyer's Agent

William Herbst

(410) 251-1955 agentbillherbst@gmail.com Keller Williams Realty Delmarva License #RS-0024946

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 1973 | Remodeled in 2016

Lot Details

  • 9,210 Sq Ft Lot
  • Home fronts navigable water
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R-2

HOA Fees

  • $118 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Post and Beam
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a canal
  • Private Dock Site
  • Powered Boats Permitted
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 03-041166

Community Details

Overview

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

Recreation

  • Community Indoor Pool
  • Heated Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,348

Year Built

Built in 1973 | Remodeled in 2016

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Post & Beam
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1973
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Energy Efficient
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Beamed Ceilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1188
  • Living Area Sq Ft: 1188
  • Price Per Sq Ft: 294.53
  • Above Grade Finished Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Outbuilding(s)
  • Roof: Metal
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed
  • 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
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1416.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES ASSOC
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated, Indoor

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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

  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9210.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5381310
  • Tax Annual Amount: 2348.00
  • Assessor Parcel Number: 03-041166
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 30, 2018
Sold by
Jeffries Margaret and Jeffries Douglas
Bought by
Beswick Wayne A and Beswick Sharon L
Seller's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
Buyer's Agent
William Herbst
Keller Williams Realty Delmarva
List Price
$369,000
Sold Price
$330,000
Premium/Discount to List
-$39,000
-10.57%
Current Estimated Value
$550,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,924
Avg. Annual Appreciation
6.82%
Original Mortgage
$264,000
Outstanding Balance
$233,054
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$295,301

Purchase Details

Closed on
May 13, 2015
Sold by
Davies Christina D
Bought by
Jeries Margaret and Jeffries Douglas

Purchase Details

Closed on
Jun 9, 2014
Sold by
Davies Christina D
Bought by
Davis Christina D

Purchase Details

Closed on
Jun 8, 1994
Sold by
Worth Bloom Harold
Bought by
Bloom Harold W
Source: Public Records
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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
Beswick Wayne A $330,000 Global Title Inc
Jeries Margaret $249,000 Title Resources Guaranty Com
Davis Christina D -- None Available
Bloom Harold W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beswick Wayne A $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $330,000 -5.7% $278 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
09/30/2018 09/30/18 Price Changed $349,900 -5.2% $295 / Sq Ft
09/20/2018 09/20/18 For Sale $369,000 -- $311 / 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 $3,048 $330,233 $0 $0
2024 $2,868 $301,000 $163,300 $137,700
2023 $2,850 $299,167 $0 $0
2022 $2,833 $297,333 $0 $0
2021 $2,828 $295,500 $162,300 $133,200
2020 $2,676 $279,633 $0 $0
2019 $2,524 $263,767 $0 $0
2018 $2,337 $247,900 $159,600 $88,300
2017 $2,311 $245,967 $0 $0
2016 -- $244,033 $0 $0
2015 $2,273 $242,100 $0 $0
2014 $2,273 $242,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006084886

Bright MLS

APN: 03-041166