J
Seller's Agent in 2021
John Rakowski
Berkshire Hathaway HomeServices PenFed Realty - OP
5 in this area
8 Total Sales
38 Fairway Ln Berlin, MD 21811
Estimated Value: $335,750 - $364,000
3
Beds
2
Baths
1,040
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Boat Dock
- Golf Course Community
- Private Beach Club
- Showell Elementary School Rated A-
- Bar or Lounge
- Lake Privileges
About This Home
As of July 2021Great location on cul-de-sac minutes to the beach. Well maintained 3 bed 2 bath home with Harwood floors ,Crown molding ,Eat in kitchen , large decks & plenty of storage .Enjoy all the community of Ocean Pines has to offer including Yacht Club and restaurant, 5 swimming pools (1 enclosed), Robert Trent Jones golf course, marina, community center, beach club, skate park, dog park, community police and fire departments. Playgrounds and athletic fields.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty - OP License #591484 Listed on: 06/15/2021
Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty - OP License #658351
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,409
Year Built
- Built in 1985
Lot Details
- 9,720 Sq Ft Lot
- Property is in very good condition
- Property is zoned R-3
HOA Fees
- $83 Monthly HOA Fees
Parking
- Driveway
Home Design
- Rambler Architecture
- Frame Construction
- Architectural Shingle Roof
- Cement Siding
- Stick Built Home
- CPVC or PVC Pipes
Interior Spaces
- 1,040 Sq Ft Home
- Property has 1 Level
- Crown Molding
- Ceiling Fan
- Wood Flooring
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Lake Privileges
- Deck
- Shed
Schools
- Showell Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- 220 Volts
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 03-070492
Community Details
Overview
- $50 Capital Contribution Fee
- Association fees include common area maintenance, road maintenance, snow removal
- Ocean Pines Association, Phone Number (410) 641-7717
- Ocean Pines Seabright Subdivision
- Community Lake
Amenities
- Common Area
- Community Center
- Community Library
- Recreation Room
- Bar or Lounge
Recreation
- Boat Dock
- Mooring Area
- Golf Course Community
- Golf Course Membership Available
- Private Beach Club
- Tennis Courts
- Baseball Field
- Community Basketball Court
- Racquetball
- Community Indoor Pool
- Heated Community Pool
- Lap or Exercise Community Pool
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2021
Closed on
Jul 16, 2021
Sold by
Rakowski John K and Rakowski Alice B
Bought by
Belkov Cory and Belkov Terri S
Seller's Agent
John Rakowski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Carole Spurrier
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%
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
$86,438
Avg. Annual Appreciation
6.98%
Original Mortgage
$251,750
Outstanding Balance
$231,075
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$116,306
Purchase Details
Closed on
Sep 19, 2013
Sold by
Mcginley Charlie A and Mcginley Jessie K
Bought by
Rakowski John K and Rakowski Alice B
Purchase Details
Closed on
Dec 15, 1999
Sold by
Mcginley Charlie A
Bought by
Mcginley Charlie A and Mcginley Jessie K
Purchase Details
Closed on
Apr 7, 1995
Sold by
Erin Properties Corporation
Bought by
Mcginley Charlie A
Purchase Details
Closed on
Dec 29, 1992
Sold by
Wacker William R and Wacker Catherine R
Bought by
Erin Properties Corporation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.13%
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 |
|---|---|---|---|
| Belkov Cory | $265,000 | Capitol Title Group | |
| Rakowski John K | $135,000 | None Available | |
| Mcginley Charlie A | -- | -- | |
| Mcginley Charlie A | -- | -- | |
| Erin Properties Corporation | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belkov Cory | $251,750 | |
| Previous Owner | Erin Properties Corporation | $67,500 | |
| Closed | Mcginley Charlie A | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $265,000 | +2.0% | $255 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 06/15/2021 06/15/21 | For Sale | $259,900 | -- | $250 / 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 |
|---|---|---|---|---|
| 2024 | $1,984 | $208,200 | $69,400 | $138,800 |
| 2023 | $1,790 | $187,867 | $0 | $0 |
| 2022 | $1,596 | $167,533 | $0 | $0 |
| 2021 | $1,409 | $147,200 | $69,400 | $77,800 |
| 2020 | $1,348 | $144,367 | $0 | $0 |
| 2019 | $1,354 | $141,533 | $0 | $0 |
| 2018 | $1,308 | $138,700 | $62,300 | $76,400 |
| 2017 | $1,153 | $130,200 | $0 | $0 |
| 2016 | -- | $121,700 | $0 | $0 |
| 2015 | $1,206 | $113,200 | $0 | $0 |
| 2014 | $1,206 | $113,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Rakowski
-
Carole Spurrier
C
Buyer's Agent in 2021
Carole Spurrier
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 614-6739
14 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO123100
APN: 03-070492
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