NOT LISTED FOR SALE

40 Watergreen Ln Berlin, MD 21811

Estimated Value: $736,966 - $775,000

4 Beds
2.5 Baths
2,524 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $660,000 $261 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,495/month

Highlights

  • 125 Feet of Waterfront
  • Marina
  • Golf Club
  • Showell Elementary School Rated A-
  • Boat Ramp
  • Bar or Lounge

About This Home

As of November 2022

MOTIVATED SELLER!! Sellers have a contract on their new home and need to sell ASAP! This is the home you have been looking for! This spacious Cape Cod boasts many recent updates! COREtec flooring on the first floor and the upstairs bath installed in 2020. Granite countertops in the kitchen and powder room installed in 2020. New cabinets in the 2020 kitchen renovation include pull out coffee, microwave, and toaster cabinets, New roof in 2014, shed in 2016, storm door in 2016, water heater in 2016, heat pump (for upstairs) in 2017, mini-split in the sunroom in 2020, Stainless steel touch free appliances in 2020, dual flush toilets in 2022. New Carpet in the first floor primary bedroom. Fully remodeled en suite bath (completed in May of '22) included 6' shower with rainfall and sprayer, marble countertops, glass door, barn door, tile flooring, 72" vanity, 2 sinks, walk in closet, and a heated towel rack. Gas fireplace in the living room, electric fireplace in the sunroom. Huge back deck looks onto the canal, dock, and the more than 125' of bulkhead! Cinch home warranty for buyer peace of mind. The sellers would like to add - "This house comes with loads of storage: heated and cooled, storage/workshop off the kitchen (16x8), second floor walk in attic (35x7),suitcase and ‘tubs’ storage, 10x4 over sun room, 12x10 outside shed ( largest allowed by OP), under deck storage for kayaks and ladders, and room to park 6 cars in the driveway!"

Last Agent to Sell the Property

Dan O'Hare

Berkshire Hathaway HomeServices PenFed Realty - OP License #654308 Listed on: 08/13/2022

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Mitchell David

Sheppard Realty Inc License #636139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,906

Year Built

  • Built in 1992

Lot Details

  • 0.34 Acre Lot
  • 125 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned R-3

HOA Fees

  • $126 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Coastal Architecture
  • Stick Built Home

Interior Spaces

  • 2,524 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Carpet
  • Canal Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a canal

Schools

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

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Grab Bars
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 643
  • Assessor Parcel Number 2403047709

Community Details

Overview

  • $50 Capital Contribution Fee
  • Association fees include common area maintenance, management, reserve funds
  • Ocean Pines Association, Phone Number (410) 641-7717
  • Ocean Pines Teal Bay Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Community Library
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Beach
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Putting Green
  • Recreational Area
  • Jogging Path

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,906

Year Built

Built in 1992

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Coastal
  • Accessibility Features: Grab Bars Mod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-08-13
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: MOTIVATED SELLER!! Sellers have a contract on their new home and need to sell ASAP! This is the home you have been looking for! This spacious Cape Cod boasts many recent updates! COREtec flooring on the first floor and the upstairs bath installed in 2020. Granite countertops in the kitchen and powder room installed in 2020. New cabinets in the 2020 kitchen renovation include pull out coffee, microwave, and toaster cabinets, New roof in 2014, shed in 2016, storm door in 2016, water heater in 2016, heat pump (for upstairs) in 2017, mini-split in the sunroom in 2020, Stainless steel touch free appliances in 2020, dual flush toilets in 2022. New Carpet in the first floor primary bedroom. Fully remodeled en suite bath (completed in May of '22) included 6' shower with rainfall and sprayer, marble countertops, glass door, barn door, tile flooring, 72" vanity, 2 sinks, walk in closet, and a heated towel rack. Gas fireplace in the living room, electric fireplace in the sunroom. Huge back deck looks onto the canal, dock, and the more than 125' of bulkhead! Cinch home warranty for buyer peace of mind. The sellers would like to add - "This house comes with loads of storage: heated and cooled, storage/workshop off the kitchen (16x8), second floor walk in attic (35x7),suitcase and ‘tubs’ storage, 10x4 over sun room, 12x10 outside shed ( largest allowed by OP), under deck storage for kayaks and ladders, and room to park 6 cars in the driveway!"
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dual Flush Toilets, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2524
  • Living Area Sq Ft: 2524
  • Price Per Sq Ft: 275.36
  • Above Grade Finished Sq Ft: 2524
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C, Ductless/Mini-Split
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1511.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Beach Club, Boat Ramp, Club House, Common Grounds, Community Center, Dining Rooms, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Marina/Marina Club, Meeting Room, Non-Lake Recreational Area, Party Room, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Recreational Center, Security, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410.641.7717
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 50.00

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

  • Land Use Code: R
  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14938.00
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5381903
  • Tax Annual Amount: 3906.00
  • Assessor Parcel Number: 2403047709
  • Tax Lot: 643
  • Tax Total Finished Sq Ft: 2224
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 11/04/2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Nov 4, 2022
Sold by
Toth Ronald S
Bought by
Daiker Timothy W and Daiker Mary Catherine
Seller's Agent
Dan O'Hare
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Mitchell David
Sheppard Realty Inc
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%
Views
194
Current Estimated Value
$753,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,492
Avg. Annual Appreciation
4.59%
Original Mortgage
$560,000
Outstanding Balance
$537,018
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$213,422

Purchase Details

Closed on
Aug 11, 2015
Sold by
Estate Of George W Covert Sr
Bought by
Toth Ronald S and Witmer Toth Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,100
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Covert George W and Covert Julia M
Bought by
Covert George W

Purchase Details

Closed on
Jun 8, 1989
Sold by
Wood Lawrence O and Wood Rosalie
Bought by
Covert George W and Covert Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
10.48%

Purchase Details

Closed on
May 11, 1981
Sold by
Cummins Ritchie Scott
Bought by
Wood Lawrence O and Wood Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,400
Interest Rate
16.12%
Source: Public Records

Range of Values:

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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
Daiker Timothy W $660,000 --
Toth Ronald S $358,000 Brennan Title Company
Covert George W -- --
Covert George W $75,000 --
Wood Lawrence O $21,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daiker Timothy W $560,000
Previous Owner Toth Ronald S $50,000
Previous Owner Toth Ronald S $340,100
Previous Owner Covert George W $810,000
Previous Owner Covert George W $48,750
Previous Owner Wood Lawrence O $16,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $660,000 -5.0% $261 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $695,000 -0.7% $275 / Sq Ft
08/25/2022 08/25/22 Price Changed $699,999 -2.1% $277 / Sq Ft
08/21/2022 08/21/22 Price Changed $715,000 -1.4% $283 / Sq Ft
08/13/2022 08/13/22 For Sale $725,000 -- $287 / 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 $4,251 $515,633 $0 $0
2024 $4,251 $446,200 $187,900 $258,300
2023 $4,070 $427,167 $0 $0
2022 $3,889 $408,133 $0 $0
2021 $3,724 $389,100 $185,700 $203,400
2020 $3,666 $383,033 $0 $0
2019 $3,608 $376,967 $0 $0
2018 $3,497 $370,900 $180,700 $190,200
2017 $3,421 $361,267 $0 $0
2016 -- $351,633 $0 $0
2015 $2,205 $342,000 $0 $0
2014 $2,205 $342,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2009674

Bright MLS

APN: 03-047709