NOT LISTED FOR SALE

40 Teal Cir Berlin, MD 21811

Estimated Value: $586,000 - $669,000

3 Beds
2 Baths
1,326 Sq Ft
$472/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $485,000 $366 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,717/month

Highlights

  • 55 Feet of Waterfront
  • 1 Dock Slip
  • Bay View
  • Showell Elementary School Rated A-
  • Pier
  • Open Floorplan

About This Home

As of September 2021

WOW! Exceptionally well maintained by original owner, 3 BR / 2 BA estate sale home on a wide canal in Ocean Pines. Very few homes have this type of waterview. Garage is way oversized, you might actually fit 4 cars! The beautiful screened in porch has fantastic bay views as well great wide canal views. Perpendicular pier has a motorized boat lift. The water views from the Great room or the adjoining deck are unbelievable! Professional photos coming soon. You Need to See this One before it is SOLD!

Last Agent to Sell the Property

Steve Mastbrook

(302) 604-2694 steve.mastbrook@longandfoster.com Long & Foster Real Estate, Inc. License #RS0021087 Listed on: 08/10/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Carol Proctor

(443) 567-0650 carol@carolproctor.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,029

Year Built

  • Built in 1989

Lot Details

  • 5,218 Sq Ft Lot
  • 55 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned R-3

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,326 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • Property is near a canal
  • Electric Hoist or Boat Lift
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 03-063321

Community Details

Overview

  • Ocean Pines Teal Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,029

Year Built

Built in 1989

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! Exceptionally well maintained by original owner, 3 BR / 2 BA estate sale home on a wide canal in Ocean Pines. Very few homes have this type of waterview. Garage is way oversized, you might actually fit 4 cars! The beautiful screened in porch has fantastic bay views as well great wide canal views. Perpendicular pier has a motorized boat lift. The water views from the Great room or the adjoining deck are unbelievable! Professional photos coming soon. You Need to See this One before it is SOLD!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Washer, Refrigerator, Range Hood, Oven/Range - Electric, Microwave, Freezer
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Window Treatments
  • Window Features: Screens
  • Door Features: Sliding Glass
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Great Room, Laundry, Screened Porch
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1326
  • Living Area Sq Ft: 1326
  • Price Per Sq Ft: 395.93
  • Above Grade Finished Sq Ft: 1326
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • View: Bay, Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 55

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Under Home Parking, Private
  • Garage Features: Additional Storage Area, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1611.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5218.00
  • Year Assessed: 2021
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5383315
  • Tax Annual Amount: 3029.00
  • Assessor Parcel Number: 03-063321
  • Tax Lot: 60
  • Tax Total Finished Sq Ft: 1716
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/30/2021

Multi Family

  • Federal Flood Zone: AE, X500

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 23, 2021
Sold by
Estate Of Charles R Driscoll Sr
Bought by
Minnick Kevin and Minnick Marie
Seller's Agent
Steve Mastbrook
Long & Foster Real Estate, Inc.
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$625,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,908
Avg. Annual Appreciation
6.52%
Original Mortgage
$388,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1986
Sold by
Velasco Antonio G and Velasco Myrna Q
Bought by
Driscoll Charles Russell and Driscoll Shirley

Purchase Details

Closed on
Nov 12, 1982
Sold by
Kelly Thomas
Bought by
Velasco Antonio G and Velasco Myrna Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
13.84%
Source: Public Records

Range of Values:

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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
Minnick Kevin $485,000 Certified Title Corporation
Driscoll Charles Russell $47,900 --
Velasco Antonio G $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minnick Kevin $388,000
Previous Owner Velasco Antonio G $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $485,000 -7.6% $366 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $525,000 -- $396 / 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 $3,181 $373,333 $0 $0
2024 $3,181 $333,900 $178,100 $155,800
2023 $3,126 $328,100 $0 $0
2022 $3,071 $322,300 $0 $0
2021 $3,029 $316,500 $178,100 $138,400
2020 $2,936 $312,300 $0 $0
2019 $2,949 $308,100 $0 $0
2018 $2,865 $303,900 $175,100 $128,800
2017 $2,862 $303,067 $0 $0
2016 -- $302,233 $0 $0
2015 $2,795 $301,400 $0 $0
2014 $2,795 $301,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2001500

Bright MLS

APN: 03-063321