$57,000
SOLD SEP 18, 2019

38 Rabbit Run Ln Ocean Pines, MD 21811

0.22 Acre
$259,091 Price per Acre
9,391 Sq Ft Lot

Recently Sold

12% Below List Price

46 Days on Market

About This Lot

As of June 2020

NEW PRICE! The perfect location for your new home. Wooded lot w/central water and sewer available in the community of Ocean Pines. On a short cul de sac street. Ready to build on now or at some time in the future. Community has pools, golf course, parks, tennis and an ocean front beach club in Ocean City. Plat available.

Last Agent to Sell the Property

Marlene Ott

Berkshire Hathaway HomeServices PenFed Realty - OP License #16892 Listed on: 03/31/2019

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Tracy Jones

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $492

Lot Details

  • 9,391 Sq Ft Lot
  • Property is zoned R-2

HOA Fees

  • $82 Monthly HOA Fees

Property Views

  • Views of Woods

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Ocean Pines Association, Phone Number (410) 641-7717
  • Ocean Pines Huntington Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 03-084558

Property Details

Property Type

Land

Est. Annual Taxes

$492

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: NEW PRICE! The perfect location for your new home. Wooded lot w/central water and sewer available in the community of Ocean Pines. On a short cul de sac street. Ready to build on now or at some time in the future. Community has pools, golf course, parks, tennis and an ocean front beach club in Ocean City. Plat available.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.60
  • Street Number Modifier: 38

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Under Ground, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 986.00
  • HOA Fee Frequency: Annually
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: BERLIN
  • 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: BERLIN

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9391.00
  • Year Assessed: 2019
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5385232
  • Tax Annual Amount: 492.00
  • Assessor Parcel Number: 03-084558
  • Tax Lot: 43
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/18/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jun 15, 2020
Sold by
Osprey Builders Inc
Bought by
Calogero Anna Catherine and Calogero Valerie
Seller's Agent
Tracy Jones
Long & Foster Real Estate, Inc.
Buyer's Agent
Ed Balcerzak
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$274,900
Sold Price
$279,900
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$438,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,197
Avg. Annual Appreciation
8.64%
Original Mortgage
$223,920
Outstanding Balance
$200,666
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$224,419
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $279,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $279,900 0.0% $178 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $279,900 +1.8% $178 / Sq Ft
02/10/2020 02/10/20 For Sale $274,900 +382.3% $175 / Sq Ft
09/18/2019 09/18/19 Sold $57,000 -8.1% --
05/16/2019 05/16/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $62,000 -4.6% --
03/31/2019 03/31/19 For Sale $65,000 -- --
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
2024 $3,105 $325,900 $81,900 $244,000
2023 $2,844 $297,133 $0 $0
2022 $2,557 $268,367 $0 $0
2021 $2,293 $239,600 $67,100 $172,500
2020 $492 $234,467 $0 $0
2019 $474 $49,767 $0 $0
2018 $454 $48,100 $48,100 $0
2017 $392 $44,767 $0 $0
2016 -- $41,433 $0 $0
2015 $621 $38,100 $0 $0
2014 $621 $38,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO104934

Bright MLS

APN: 03-084558