NOT LISTED FOR SALE

409 Ocean Pkwy Berlin, MD 21811

Estimated Value: $930,000 - $1,116,000

5 Beds
3.5 Baths
4,104 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 03, 2019

Last sale price $565,000 $138 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,125/month

Highlights

  • Marina
  • Private Dock Site
  • Home fronts navigable water
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Water Access

About This Home

As of October 2019

NEW PRICE - Imagine yourself on vacation every day while living here! Whether a vacation/2nd home, a rental (used to be one of most popular in Ocean Pines) or live here full time, this absolutely is one of a kind home - 4,104 sq ft of living space and large outside living space situated on waterfront in Ocean Pines. If you like entertaining and enjoy life, this is the home for you! Situated on the point of a wide, deep canal, you are mere minutes and easy access to the open bay, without any bridges. Two personal jet-ski lifts and own boat slip with lift right outside your door. The lower level is perfect for living the good life and has a sauna, bar, pool table, tv viewing area - plenty of space for all your guests to hang out after a day on the water. The main living area boasts granite kitchen, waterfront master bedroom, a great room with fireplace with ceiling to wall windows to take in the wonderful water views. Or step out onto one of balconies to sit and watch boats. Upstairs are additional bedrooms with more views and there are two more bedrooms on lower level, one walks out to dock. Outside you can step off the Deck onto the Platform/Patio to enjoy just caught Crabs at the Picnic Table. Then, replenish with baiting the Crab Cages and dropping them off the Dock! The Crabs are a Compliment to the Canal being right off the Bay as is being within minutes of your favorite Restaurant by Boat! Bon Voyage! Seller says it was their dream home and they want it to be someone else's dream and wants to see ALL OFFERS! Jet ski could convey with acceptable offer. 1 Year Warranty Included. Don't miss seeing this unique home - Call for a private showing.

Last Agent to Sell the Property

Jeannie Betten

(443) 365-7021 jeannie@sharingoc.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0024733 Listed on: 03/22/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Zackary Keenan

(443) 880-3416 southernsurfin9@gmail.com Keller Williams Realty License #RS-0025036

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned R-3

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,104 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dining Area
  • Sauna
  • Carpet
  • Canal Views

Kitchen

  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a canal
  • Private Dock Site
  • Multiple Balconies
  • Deck

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Water Dispenser
  • Tankless Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 41
  • Assessor Parcel Number 03-073157

Community Details

Overview

  • Ocean Pines HOA
  • Ocean Pines Teal Bay Subdivision

Amenities

  • Picnic Area
  • Community Center
  • Recreation Room

Recreation

  • Marina
  • Golf Course Community
  • Private Beach Club
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,093

Year Built

Built in 1989

Lot Details

0

HOA Fees

$121 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: few personal items, see inventory list
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-03-27
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Remarks Public: NEW PRICE - Imagine yourself on vacation every day while living here! Whether a vacation/2nd home, a rental (used to be one of most popular in Ocean Pines) or live here full time, this absolutely is one of a kind home - 4,104 sq ft of living space and large outside living space situated on waterfront in Ocean Pines. If you like entertaining and enjoy life, this is the home for you! Situated on the point of a wide, deep canal, you are mere minutes and easy access to the open bay, without any bridges. Two personal jet-ski lifts and own boat slip with lift right outside your door. The lower level is perfect for living the good life and has a sauna, bar, pool table, tv viewing area - plenty of space for all your guests to hang out after a day on the water. The main living area boasts granite kitchen, waterfront master bedroom, a great room with fireplace with ceiling to wall windows to take in the wonderful water views. Or step out onto one of balconies to sit and watch boats. Upstairs are additional bedrooms with more views and there are two more bedrooms on lower level, one walks out to dock. Outside you can step off the Deck onto the Platform/Patio to enjoy just caught Crabs at the Picnic Table. Then, replenish with baiting the Crab Cages and dropping them off the Dock! The Crabs are a Compliment to the Canal being right off the Bay as is being within minutes of your favorite Restaurant by Boat! Bon Voyage! Seller says it was their dream home and they want it to be someone else's dream and wants to see ALL OFFERS! Jet ski could convey with acceptable offer. 1 Year Warranty Included. Don't miss seeing this unique home - Call for a private showing.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Instant Hot Water, Refrigerator, Washer, Water Dispenser, Water Heater - Tankless
  • Interior Amenities: Bar, Ceiling Fan(s), Dining Area, Floor Plan - Open, Primary Bath(s), Sauna, Upgraded Countertops, Carpet
  • Window Features: Skylights
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 4104
  • Living Area Sq Ft: 4104
  • Price Per Sq Ft: 142.76
  • Above Grade Finished Sq Ft: 4104
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1451.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach Club, Tot Lots/Playground, Swimming Pool, Recreational Center, Pool Mem Avail, Pool - Outdoor, Pool - Indoor, Picnic Area, Marina/Marina Club, Jog/Walk Path, Golf Course, Community Center
  • HOA Name: OCEAN PINES
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor

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: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12175.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5384206
  • Tax Annual Amount: 5093.00
  • Assessor Parcel Number: 03-073157
  • Tax Lot: 41
  • Tax Total Finished Sq Ft: 4104
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/03/2019

Multi Family

  • Federal Flood Zone: AE
  • 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
Mar 22, 2019
Closed on
Oct 3, 2019
Sold by
Pergolini Michael J and Pergolini Susanne
Bought by
Swanstrom Stacie Smith
Seller's Agent
Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Zackary Keenan
Keller Williams Realty
List Price
$615,000
Sold Price
$565,000
Premium/Discount to List
-$50,000
-8.13%
Current Estimated Value
$1,024,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,818
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Jun 18, 2007
Sold by
Steiner William J
Bought by
Frank Valenti and Valenti Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,960
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Steiner William J
Bought by
Steiner William J and Steiner Janice M

Purchase Details

Closed on
Jun 21, 2000
Sold by
Wroten Edward V and Wroten Barbara L
Bought by
Steiner William J
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
Swanstrom Stacie Smith $565,000 Real Estate Title & Escrow
Frank Valenti $596,200 --
Steiner William J -- --
Steiner William J $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Valenti $476,960
Closed Steiner William J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2019 10/03/19 Sold $565,000 -3.6% $138 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $585,900 -2.3% $143 / Sq Ft
04/16/2019 04/16/19 Price Changed $599,900 -2.5% $146 / Sq Ft
03/22/2019 03/22/19 For Sale $615,000 -- $150 / 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 $6,589 $771,767 $0 $0
2024 $6,589 $691,600 $164,400 $527,200
2023 $6,148 $645,300 $0 $0
2022 $5,707 $599,000 $0 $0
2021 $5,289 $552,700 $162,800 $389,900
2020 $5,093 $532,200 $0 $0
2019 $4,897 $511,700 $0 $0
2018 $4,631 $491,200 $160,100 $331,100
2017 $4,553 $486,000 $0 $0
2016 -- $480,800 $0 $0
2015 $4,364 $475,600 $0 $0
2014 $4,364 $475,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO104310

Bright MLS

APN: 03-073157