NOT LISTED FOR SALE

40 King Richard Rd Berlin, MD 21811

Estimated Value: $411,455 - $478,000

3 Beds
2 Baths
1,752 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $272,000 $155 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,694/month

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of January 2020

Wonderful first floor living home located in Ocean Pines. This spacious home offers an open floor plan, wet bar, sky lights, large breakfast bar and place to entertain. Enjoy your front porch or 3 season room while the family plays in your fenced in back yard. Close to Ocean City, Assateague Island, Outlets and dining. This is beach living!

Last Agent to Sell the Property

David Bafford

(410) 960-0998 davidwbafford@gmail.com Coldwell Banker Realty License #661872 Listed on: 09/19/2019

Coldwell Banker Realty

Last Buyer's Agent

Carole Spurrier

(443) 614-6739 carolespurrier@msn.com Berkshire Hathaway HomeServices PenFed Realty - OP License #658351

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1998

Lot Details

  • 9,000 Sq Ft Lot
  • Vinyl Fence
  • Property is in very good condition
  • Property is zoned R-2

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Stone Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,752 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Views of Woods
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Motion Detectors
  • Alarm System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Flood Risk

Listing and Financial Details

  • Tax Lot 224
  • Assessor Parcel Number 03-108082

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility
  • $25 Other One-Time Fees
  • Ocean Pines HOA, Phone Number (410) 641-7717
  • Ocean Pines Sherwood Forest Subdivision

Amenities

  • Clubhouse
  • Community Center
  • Community Library

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,221

Year Built

Built in 1998

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Contemporary
  • Ownership: Fee Simple
  • Exclusions: Paintings on Walls, Snow Blower, labeled items in garage
  • Home Warranty: No
  • Inclusions: Furnished as shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1998
  • Remarks Public: Wonderful first floor living home located in Ocean Pines. This spacious home offers an open floor plan, wet bar, sky lights, large breakfast bar and place to entertain. Enjoy your front porch or 3 season room while the family plays in your fenced in back yard. Close to Ocean City, Assateague Island, Outlets and dining. This is beach living!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Refrigerator, Washer, Disposal, Icemaker, Oven/Range - Gas, Built-In Microwave
  • Interior Amenities: Floor Plan - Open, Family Room Off Kitchen, Walk-In Closet(s), Wet/Dry Bar, Skylight(s), Entry Level Bedroom, Ceiling Fan(s), Primary Bath(s), Pantry, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Crawl Space, Block
  • Levels Count: 1
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1752
  • Living Area Sq Ft: 1752
  • Price Per Sq Ft: 164.95
  • Above Grade Finished Sq Ft: 1752
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

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, Below Grade
  • Construction Materials: Aluminum Siding, Stick Built, Frame
  • Roof: Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Asphalt Driveway, Stone Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm, Motion Detectors, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach Club, Bike Trail, Boat Dock/Slip, Boat Ramp, Club House, Community Center, Exercise Room, Golf Course, Jog/Walk Path, Library, Marina/Marina Club, Pier/Dock, Pool - Indoor, Pool - Outdoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility
  • HOA Name: OCEAN PINES
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Other Fees: 25.00
  • Other Fees Frequency: One Time

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • 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: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Vinyl
  • Land Use Code: 011
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Outdoor Living Structures: Porch(es), Enclosed
  • Property Condition: Very Good, Good
  • Year Assessed: 2019
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5387358
  • Tax Annual Amount: 2221.00
  • Assessor Parcel Number: 03-108082
  • Tax Lot: 224
  • Tax Total Finished Sq Ft: 1752
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 01/23/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Jan 23, 2020
Sold by
Schrader Linda and Dibartolo Anthony
Bought by
Hill Ernest T and Hill Christine S
Seller's Agent
David Bafford
Coldwell Banker Realty
Buyer's Agent
Carole Spurrier
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$289,000
Sold Price
$272,000
Premium/Discount to List
-$17,000
-5.88%
Current Estimated Value
$446,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,864
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Mar 18, 2015
Sold by
National Residential Nominee Services In
Bought by
Dibartolo Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Apichella Joseph and Apichella Pauline
Bought by
Sofianek Edward E and Sofianek Victoria A

Purchase Details

Closed on
Apr 7, 1999
Sold by
Versatile Homes Inc
Bought by
Apichella Joseph and Apichella Pauline

Purchase Details

Closed on
May 14, 1998
Sold by
Setzer Elizabeth A
Bought by
Versatile Homes Inc
Source: Public Records

Range of Values:

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Average Value
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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
Hill Ernest T $272,000 Capital Title Group
Dibartolo Susan M $252,000 Brennan Title Company
National Residential Nominee Services In $252,000 Brennan Title Company
Sofianek Edward E $280,000 --
Apichella Joseph $141,523 --
Versatile Homes Inc $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner National Residential Nominee Services In $201,600
Closed Versatile Homes Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2020 01/23/20 Sold $272,000 -5.9% $155 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $289,000 -- $165 / 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 $3,258 $353,000 $0 $0
2024 $3,053 $320,400 $89,000 $231,400
2023 $2,802 $294,100 $0 $0
2022 $2,552 $267,800 $0 $0
2021 $2,311 $241,500 $67,000 $174,500
2020 $2,221 $232,100 $0 $0
2019 $2,106 $222,700 $0 $0
2018 $2,011 $213,300 $62,000 $151,300
2017 $1,925 $208,300 $0 $0
2016 -- $203,300 $0 $0
2015 $1,741 $198,300 $0 $0
2014 $1,741 $198,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO109110

Bright MLS

APN: 03-108082