NOT LISTED FOR SALE

4 Salty Way Berlin, MD 21811

Estimated Value: $286,000 - $359,000

3 Beds
2 Baths
1,056 Sq Ft
$305/Sq Ft Est. Value

Last Sold April 22, 2013

Last sale price $130,000 $123 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,940/month

Highlights

  • Marina
  • Boat Dock
  • Bar or Lounge
  • Showell Elementary School Rated A-
  • Golf Club
  • Community Lake

About This Home

As of April 2013

Affordable Beach Living! Great 3 BR, 2 BA rancher. This delightful home features an open floor plan, numerous improvements, new carpet & fresh paint throughout, new flooring, large rear screened porch & deck, private wooded backyard, shed. Tucked away on a quiet cul-de-sac. Enjoy all the amenities Ocean Pines has to offer.

Last Agent to Sell the Property

Lee Clagett

(301) 641-1976 lclagett@hotmail.com O T Clagett Realty, Inc. Listed on: 07/17/2012

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1975

Lot Details

  • 8,791 Sq Ft Lot
  • Property is zoned R-2

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Public Septic

Additional Features

  • Shed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 196
  • Assessor Parcel Number 2403072452

Community Details

Overview

  • Association fees include pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, snow removal
  • Ocean Pines HOA
  • Community Lake

Amenities

  • Clubhouse
  • Community Center
  • Bar or Lounge

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Golf Club
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1975

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 146.69
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: T-1-11
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 873.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Boat Dock/Slip, Club House, Community Center, Golf Club, Golf Course Membership Available, Lake, Marina/Marina Club, Pier/Dock, Pool Mem Avail, Pool - Indoor, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: OCEAN PINES
  • HOA: Yes
  • Community Pool Features: Indoor

Lot Info

  • Improvement Assessed Value: 56900.00
  • Land Assessed Value: 86800.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8791
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8791.00
  • Year Assessed: 2012
  • Zoning: R-2

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5384141
  • Tax Annual Amount: 1166.84
  • Assessor Parcel Number: 2403072452
  • Tax Lot: 196
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 04/22/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2012
Closed on
Apr 22, 2013
Sold by
Hopta James M and Cain Lawrence E
Bought by
Mcfall James D
Seller's Agent
Lee Clagett
O T Clagett Realty, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%
Current Estimated Value
$322,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,098
Avg. Annual Appreciation
7.55%
Original Mortgage
$132,653
Outstanding Balance
$94,058
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$228,040

Purchase Details

Closed on
Nov 16, 1999
Sold by
Cain Lawrence E and Cain Rowland D
Bought by
Hopta James M and Craig Marsha A
Source: Public Records

Range of Values:

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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
Mcfall James D $130,000 Ocean Investments Title Corp
Hopta James M $7,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfall James D $132,653
Closed Hopta James M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2013 04/22/13 Sold $130,000 -16.1% $123 / Sq Ft
08/05/2012 08/05/12 Price Changed $154,900 -3.1% $147 / Sq Ft
07/17/2012 07/17/12 For Sale $159,900 -- $151 / 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 $1,910 $236,033 $0 $0
2024 $1,910 $218,200 $81,500 $136,700
2023 $1,840 $193,100 $0 $0
2022 $1,601 $168,000 $0 $0
2021 $1,368 $142,900 $66,800 $76,100
2020 $1,364 $142,533 $0 $0
2019 $1,361 $142,167 $0 $0
2018 $1,313 $141,800 $61,800 $80,000
2017 $1,290 $136,200 $0 $0
2016 $1,237 $130,600 $0 $0
2015 $1,157 $125,000 $0 $0
2014 $1,157 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001668658

Bright MLS

APN: 03-072452