NOT LISTED FOR SALE

402 Ocean Pkwy Berlin, MD 21811

Estimated Value: $544,469 - $607,000

3 Beds
2 Baths
1,344 Sq Ft
$427/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $450,000 $335 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,324/month

38 Days on Market

Highlights

  • 63 Feet of Waterfront
  • Marina
  • Private Dock Site
  • Showell Elementary School Rated A-
  • Boat Ramp
  • Private Beach Club

About This Home

As of November 2021

Family built and loved on since 1990! Walk out of your living room to the deck and straight to your boat! Boat has a lift that is maintained for a fee of $189.00 per year. Home includes 3 bedrooms, 2 full baths, den, open living area with a wood burning fireplace. Ocean Pines is it's own little city with it's own fire department and police department. Take advantage of the community amenities with a separate membership -- visit their website!
Yacht Club / Marina / Beach Club in Ocean City / Tennis / Indoor and Outdoor Pools / Community Center

** AGENTS: Please read agent remarks ** ** Professional Photos Coming **

Last Agent to Sell the Property

Kim Bowden

(302) 537-1300 jgiles@psre.com Patterson-Schwartz-OceanView Listed on: 08/21/2021

Patterson-Schwartz-OceanView

Last Buyer's Agent

Carol Proctor

(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1990

Lot Details

  • 9,210 Sq Ft Lot
  • Lot Dimensions are 153x63x153x57
  • 63 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Landscaped
  • Cleared Lot
  • Property is zoned R-3, Multifamily Residential

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Dining Area
  • Den
  • Canal Views
  • Laundry on main level
  • Attic

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Private Parking
  • Paved Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-041972

Community Details

Overview

  • Association fees include common area maintenance
  • Ocean Pines Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Membership Available
  • Private Beach Club
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,706

Year Built

Built in 1990

Lot Details

9,210 Sq Ft Lot

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: List to be provided.
  • Inclusions: Mostly furnished for convenience only.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1990
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Bedroom 2, Kitchen, Den, Great Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 342.26
  • Above Grade Finished Sq Ft: 1344
  • 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, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s), Secure Storage
  • Roof: Asphalt
  • View: Canal
  • Water Access: Yes
  • Water Body Name: St. Martin River
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 63

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1611.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach Club, Bike Trail, Boat Ramp, Club House, Golf Course Membership Available, Jog/Walk Path, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Recreational Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Features: Bulkheaded, Cleared, Landscaping
  • Lot Size Acres: 0.21
  • Lot Dimensions: 153x63x153x57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9210.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: R-3
  • Zoning Description: Multifamily Residential
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5381384
  • Tax Annual Amount: 2706.00
  • Assessor Parcel Number: 03-041972
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 3, 2021
Sold by
Lucas Robert A and Lucas Joann L
Bought by
Heeter Anthony Wayne and Heeter Katherine Maria
Seller's Agent
Kim Bowden
Patterson-Schwartz-OceanView
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%
Current Estimated Value
$573,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,367
Avg. Annual Appreciation
5.81%
Original Mortgage
$405,000
Outstanding Balance
$371,626
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$201,741

Purchase Details

Closed on
Mar 24, 2015
Sold by
Lucas Robert A and Lucas Joann L
Bought by
Lucas Robert A and Lucas Joann L

Purchase Details

Closed on
Aug 25, 1989
Sold by
Pohland Craig L and Pohland Teresa M
Bought by
Lucas Robert A and Lucas Joann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
10.21%

Purchase Details

Closed on
Jun 30, 1988
Sold by
Styka Andrew and Styka Kevin
Bought by
Pohland Craig L and Pohland Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
10.4%

Purchase Details

Closed on
Jul 8, 1981
Sold by
Brandon Grace Helen
Bought by
Styka Andrew and Styka Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,648
Interest Rate
16.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heeter Anthony Wayne $450,000 Certified Title Corporation
Lucas Robert A -- Maryland Title Service
Lucas Robert A $60,000 --
Pohland Craig L $48,000 --
Styka Andrew $12,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heeter Anthony Wayne $405,000
Previous Owner Lucas Robert A $48,000
Previous Owner Pohland Craig L $33,000
Previous Owner Styka Andrew $10,648
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $450,000 -2.2% $335 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $460,000 -3.2% $342 / Sq Ft
09/08/2021 09/08/21 Price Changed $475,000 -1.0% $353 / Sq Ft
08/21/2021 08/21/21 For Sale $480,000 -- $357 / Sq Ft
Source: Bright MLS

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 $2,940 $335,867 $0 $0
2024 $2,925 $307,000 $163,300 $143,700
2023 $2,870 $301,200 $0 $0
2022 $2,815 $295,400 $0 $0
2021 $2,771 $289,600 $162,300 $127,300
2020 $2,628 $282,733 $0 $0
2019 $2,640 $275,867 $0 $0
2018 $2,536 $269,000 $159,600 $109,400
2017 $2,335 $257,767 $0 $0
2016 -- $246,533 $0 $0
2015 $2,105 $235,300 $0 $0
2014 $2,105 $235,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2001754

Bright MLS

APN: 03-041972

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