NOT LISTED FOR SALE

34 Lookout Point Berlin, MD 21811

Estimated Value: $596,119 - $708,000

4 Beds
3 Baths
2,688 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $250,000 $93 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $3,812/month

467 Days on Market

Highlights

  • Canal View
  • Traditional Architecture
  • 1 Car Attached Garage
  • Showell Elementary School Rated A-
  • Community Pool
  • Heat Pump System

About This Home

As of April 2020

Located in Ocean Pines - Teal Bay, this 4 Bedroom / 3 Bathroom home sits on a large corner lot allowing for water-views throughout multiple sides of the home. Large bedrooms accompanied by two spacious family rooms, creates a spacious living environment for the whole family to enjoy. French doors open from the Master Bedroom to Canal views which are only rivaled by the views from the kitchen and dining area. Ample parking space along with a 1 car attached-garage adds to this spacious property.

Last Agent to Sell the Property

Chase Humphrey

(443) 783-4817 chase@humphreysheppard.com Sheppard Realty Inc License #671053 Listed on: 11/08/2018

Last Buyer's Agent

Suzanah Cain

(410) 430-2118 suzanahoc@aol.com Coldwell Banker Residential Brokerage License #MRIS:3049041

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R-3

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 2,688 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Canal Views

Bedrooms and Bathrooms

Additional Features

  • Flood Risk
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 03-073777

Community Details

Overview

  • Ocean Pines Teal Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,620

Year Built

Built in 1984

Lot Details

0

HOA Fees

$80 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Items, All furniture not marked with sticker.
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 100.45
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 955.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10798.00
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5384262
  • Tax Annual Amount: 2620.00
  • Assessor Parcel Number: 03-073777
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Apr 27, 2020
Sold by
Sieg William E and Sieg Judith M
Bought by
Matchett James P and Matchett Andrea C
Seller's Agent
Chase Humphrey
Sheppard Realty Inc
Buyer's Agent
Suzanah Cain
Coldwell Banker Residential Brokerage
List Price
$340,000
Sold Price
$250,000
Premium/Discount to List
-$90,000
-26.47%
Current Estimated Value
$671,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,780
Avg. Annual Appreciation
18.79%
Original Mortgage
$253,670
Outstanding Balance
$202,724
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$469,056

Purchase Details

Closed on
Feb 6, 2003
Sold by
Cholak Jack T and Cholak Betty J
Bought by
Sieg William E and Sieg Judith M

Purchase Details

Closed on
Apr 4, 2000
Sold by
Koene John and Kelly Pamela A
Bought by
Cholak Jack T and Cholak Betty J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matchett James P $250,000 Bright Ttl & Setmnt Svcs Llc
Sieg William E $240,000 --
Cholak Jack T $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matchett James P $253,670
Closed Cholak Jack T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2020 04/27/20 Sold $250,000 -7.4% $93 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $269,999 -6.9% $100 / Sq Ft
11/21/2019 11/21/19 Price Changed $289,999 -3.3% $108 / Sq Ft
09/23/2019 09/23/19 Price Changed $299,999 -3.2% $112 / Sq Ft
08/27/2019 08/27/19 Price Changed $310,000 -3.1% $115 / Sq Ft
08/08/2019 08/08/19 Price Changed $320,000 -4.5% $119 / Sq Ft
04/29/2019 04/29/19 Price Changed $335,000 -1.5% $125 / Sq Ft
11/08/2018 11/08/18 For Sale $340,000 -- $126 / 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 $3,044 $442,167 $0 $0
2024 $3,018 $383,700 $82,600 $301,100
2023 $2,904 $351,300 $0 $0
2022 $2,795 $318,900 $0 $0
2021 $2,704 $286,500 $67,500 $219,000
2020 $2,620 $273,800 $0 $0
2019 $1,923 $261,100 $0 $0
2018 $1,809 $248,400 $62,500 $185,900
2017 $1,725 $236,400 $0 $0
2016 $1,725 $224,400 $0 $0
2015 $1,313 $212,400 $0 $0
2014 $1,313 $212,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO100222

Bright MLS

APN: 03-073777