NOT LISTED FOR SALE

41 Driftwood Ln Berlin, MD 21811

Estimated Value: $562,000 - $615,296

3 Beds
2 Baths
1,458 Sq Ft
$411/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $525,000 $360 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,605/month

Highlights

  • 35 Feet of Waterfront
  • Community Indoor Pool
  • Community Center
  • Showell Elementary School Rated A-
  • Tennis Courts
  • Jogging Path

About This Home

As of July 2022

Rare find in this 3 bed/2 full bath home on the water in Ocean Pines. This is an estate sale and the property will be sold as is! Lots of potential here to make this home suited to you! Oversized driveway to accomodate for several cars and situated on a canal, with just a short distance to the open bay waters. Detached storage shed for whatever you need to store. Utility room as you enter the home for easy cleanup from beach days!
First floor large master bedroom newer appliances. Screened in porch with windows to enjoy throughout each season! The upstairs bedrooms share a bathroom and over look the main living area. Quiet community with many amenities! Minutes to Maryland and Delaware Beaches and just a short drive to Assateague and America's Coolest Small Town, Berlin.

Last Agent to Sell the Property

Kevin Decker

(443) 235-6552 kevin@kevindeckeroc.com Coastal Life Realty Group LLC License #532548 Listed on: 07/01/2022

Last Buyer's Agent

Bethany Alaniz

(443) 614-8936 bethany.alaniz@cbrealty.com Coldwell Banker Realty License #5008596

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • 35 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R-3

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Water Access
  • Property is near a canal

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 481
  • Assessor Parcel Number 2403046354

Community Details

Overview

  • Association fees include common area maintenance, reserve funds, recreation facility, pool(s), road maintenance
  • Ocean Pines Association
  • Ocean Pines Subdivision

Amenities

  • Picnic Area
  • Community Center

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool
  • Heated Community Pool
  • Pool Membership Available
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,194

Year Built

Built in 1983

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Property Conveys as shown. All Contents there will remain
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-07-02
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1458
  • Living Area Sq Ft: 1458
  • Price Per Sq Ft: 336.01
  • Above Grade Finished Sq Ft: 1458
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 35

Garage/Parking

  • Garage: No
  • 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: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1496.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Golf Course Membership Available, Jog/Walk Path, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Recreation Facility, Pool(s), Road Maintenance
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Heated, Indoor

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12455.00
  • Zoning: R-3
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5381779
  • Tax Annual Amount: 3194.00
  • Assessor Parcel Number: 2403046354
  • Tax Lot: 481
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 29, 2022
Sold by
Smith Rachael E
Bought by
Compton Brian K and Compton Lisa M
Seller's Agent
Kevin Decker
Coastal Life Realty Group LLC
Buyer's Agent
Bethany Alaniz
Coldwell Banker Realty
List Price
$489,900
Sold Price
$525,000
Premium/Discount to List
$35,100
7.16%
Current Estimated Value
$602,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,114
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
Mar 10, 2012
Sold by
Smith Robert J and Smith Dayna Brown
Bought by
Smith Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1988
Sold by
Rines George L and Rines Marianne E
Bought by
Smith Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
10.71%

Purchase Details

Closed on
Oct 2, 1981
Sold by
Conn Rex Boland
Bought by
Rines George L and Rines Marianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
18.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Compton Brian K $525,000 Maryland Title
Smith Robert J -- None Available
Smith Robert J $189,900 --
Rines George L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Robert J $230,000
Previous Owner Smith Robert J $129,900
Previous Owner Rines George L $22,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $525,000 +7.2% $360 / Sq Ft
07/01/2022 07/01/22 For Sale $489,900 -- $336 / 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 $3,966 $429,733 $0 $0
2024 $3,815 $400,400 $187,300 $213,100
2023 $3,603 $378,200 $0 $0
2022 $3,289 $356,000 $0 $0
2021 $3,194 $333,800 $185,600 $148,200
2020 $3,018 $325,300 $0 $0
2019 $2,114 $316,800 $0 $0
2018 $2,877 $308,300 $180,600 $127,700
2017 $2,773 $307,167 $0 $0
2016 $2,773 $306,033 $0 $0
2015 $2,139 $304,900 $0 $0
2014 $2,139 $304,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2008876

Bright MLS

APN: 03-046354