NOT LISTED FOR SALE

41 Watergreen Ln Ocean Pines, MD 21811

Estimated Value: $765,000 - $1,636,000

0.6 Acre
$2,157,713 Price per Acre
26,136 Sq Ft Lot

Last Sold July 26, 2021

Last sale price $315,000

Est. 311% increase in value since last sale

Current estimated payment $7,742/month

Highlights

  • Home fronts navigable water
  • Water Access
  • 0.6 Acre Lot
  • Showell Elementary School Rated A-

About This Lot

As of July 2021

STOP, LOOK & LISTEN--One Of A Kind! Ultra-Large Wooded Waterfront Lot With Approx. 200 Feet Of Bulkhead That Offers Southern Exposure, Unobstructed, Panoramic Open View Of Large Lagoon, Fairways And Greens Of Golf Course. 1/2+ Acre With 31,597 Square Feet Including Riparian Rights Allowing One To Build The House Of Choice Located On A Cul De Sac Near The Country Club And Golf Course. Boating Is Minutes Away From Ocean City And Atlantic Ocean. This Is The Only Available Wooded Waterfront Lot Of This Size With Unique And Ultimate Views .Shop And Compare! Seller (Husband) Is Licensed To Sell Real Estate In The State Of Maryland.

Last Agent to Sell the Property

John Talbott

(410) 603-7373 johntalbott7@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #16751 Listed on: 07/25/2020

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Karen Parr

(443) 244-2662 klparr@comcast.net RE/MAX Solutions License #659641

RE/MAX Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,633

Lot Details

  • 0.6 Acre Lot
  • Home fronts navigable water
  • Property is zoned R-3

HOA Fees

  • $125 Monthly HOA Fees

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 645A
  • Assessor Parcel Number 03-077373

Community Details

Overview

  • Ocean Pines Association, Phone Number (410) 641-7717

Recreation

  • Water Access
  • Property near a lagoon

Property Details

Property Type

Land

Est. Annual Taxes

$1,633

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: STOP, LOOK & LISTEN--One Of A Kind! Ultra-Large Wooded Waterfront Lot With Approx. 200 Feet Of Bulkhead That Offers Southern Exposure, Unobstructed, Panoramic Open View Of Large Lagoon, Fairways And Greens Of Golf Course. 1/2+ Acre With 31,597 Square Feet Including Riparian Rights Allowing One To Build The House Of Choice Located On A Cul De Sac Near The Country Club And Golf Course. Boating Is Minutes Away From Ocean City And Atlantic Ocean. This Is The Only Available Wooded Waterfront Lot Of This Size With Unique And Ultimate Views .Shop And Compare! Seller (Husband) Is Licensed To Sell Real Estate In The State Of Maryland.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.21
  • Street Number Modifier: 41

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1501.00
  • HOA Fee Frequency: Annually
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.60
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26199.00
  • Year Assessed: 2020
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5384584
  • Tax Annual Amount: 1633.00
  • Assessor Parcel Number: 03-077373
  • Tax Lot: 645A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/26/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Jul 26, 2021
Sold by
Talbot John R and The Talbott Family Revocable T
Bought by
Nardyz Lee and Nardyz Susan
Seller's Agent
John Talbott
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Karen Parr
RE/MAX Solutions
List Price
$337,779
Sold Price
$315,000
Premium/Discount to List
-$22,779
-6.74%
Current Estimated Value
$1,294,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,628
Avg. Annual Appreciation
40.69%
Original Mortgage
$252,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2001
Sold by
Talbott John R
Bought by
Talbott Karen A and John R Talbott Jr Trustees

Purchase Details

Closed on
Jun 25, 1996
Sold by
Talbott John R
Bought by
Talbott John R and Talbott Karen A

Purchase Details

Closed on
Sep 20, 1984
Sold by
Kidd Kenneth W
Bought by
Talbott John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,375
Interest Rate
14.43%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nardyz Lee $315,000 Old Line Title Company Inc
Talbott Karen A -- --
Talbott John R -- --
Talbott John R $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nardyz Susan $1,000,000
Closed Nardyz Lee $252,000
Previous Owner Talbott John R $36,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $315,000 -1.5% --
07/05/2021 07/05/21 Pending -- -- --
03/24/2021 03/24/21 Price Changed $319,900 -5.3% --
07/25/2020 07/25/20 For Sale $337,779 -- --
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 $9,356 $1,200,867 $0 $0
2024 $9,356 $982,000 $282,200 $699,800
2023 $8,607 $903,367 $0 $0
2022 $1,946 $204,267 $0 $0
2021 $1,649 $172,300 $172,300 $0
2020 $1,610 $170,633 $0 $0
2019 $1,617 $168,967 $0 $0
2018 $1,577 $167,300 $167,300 $0
2017 $1,584 $167,300 $0 $0
2016 -- $167,300 $0 $0
2015 $1,717 $167,300 $0 $0
2014 $1,717 $167,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO115482

Bright MLS

APN: 03-077373