NOT LISTED FOR SALE

43 Falcon Bridge Rd Berlin, MD 21811

Estimated Value: $458,000 - $544,000

5 Beds
3.5 Baths
2,320 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $300,000 $129 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,990/month

72 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Open Floorplan

About This Home

As of March 2019

Enjoy over 20k rental income as an an investor, part timer, or while waiting to relocate full time. Plenty of room in this 5 bedroom, 3.5 bath home on a large lot in Ocean Pines. This home features a 1st floor master, family room, screened porch, open rear deck, and a large rear yard. Parking for 6 cars, an asphalt driveway, and an open front porch round out this must see home. Must honor 2019 rentals. Statements available. All furniture is negotiable.

Last Agent to Sell the Property

Timothy Halligan

(484) 832-0090 timhalliganop@gmail.com Iron Valley Real Estate Ocean City License #611848 Listed on: 11/08/2018

Iron Valley Real Estate Ocean City

Last Buyer's Agent

Jenny Sheppard

(443) 783-0299 jennysoldit@aol.com Sheppard Realty Inc License #RB-0020887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 2000

Lot Details

  • 0.3 Acre Lot
  • Property is in very good condition
  • Property is zoned R-2

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,320 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges

Utilities

  • Zoned Heating and Cooling System
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 43
  • Assessor Parcel Number 03-069974

Community Details

Overview

  • Ocean Pines Association, Phone Number (410) 641-7717
  • Built by Grace Construction Inc
  • Ocean Pines Huntington Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Meeting Room
  • Recreation Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Beach
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Volleyball Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Recreational Area
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,475

Year Built

Built in 2000

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2000
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Skylight(s), Walk-In Closet(s), Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2320
  • Living Area Sq Ft: 2320
  • Price Per Sq Ft: 137.93
  • Above Grade Finished Sq Ft: 2320
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Beach Club, Bike Trail, Boat Dock/Slip, Common Grounds, Community Center, Golf Course, Golf Course Membership Available, Jog/Walk Path, Lake, Marina/Marina Club, Meeting Room, Non-Lake Recreational Area, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Racquet Ball, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13078.00
  • Property Condition: Very Good
  • Zoning: R-2
  • In City Limits: No

Building Info

  • Builder Name: Grace Construction Inc

Rental Info

  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5383917
  • Tax Annual Amount: 2475.00
  • Assessor Parcel Number: 03-069974
  • Tax Lot: 43
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Mar 1, 2019
Sold by
Birckhead Michael B and Birckhead Elizabeth A
Bought by
Williams Donna J and Williams Clinton B
Seller's Agent
Timothy Halligan
Iron Valley Real Estate Ocean City
Buyer's Agent
Jenny Sheppard
Sheppard Realty Inc
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$496,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,887
Avg. Annual Appreciation
7.67%
Original Mortgage
$240,000
Outstanding Balance
$211,001
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$285,886

Purchase Details

Closed on
May 22, 2000
Sold by
Grace Construction Inc
Bought by
Brickhead Michael B and Brickhead Elizabeth A

Purchase Details

Closed on
Dec 8, 1992
Sold by
Steen Associates Inc
Bought by
Linehan William G and Linehan Patricia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,510
Interest Rate
8.34%
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
Williams Donna J $300,000 None Available
Brickhead Michael B $195,437 --
Linehan William G $13,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Donna J $240,000
Previous Owner Linehan William G $11,510
Closed Brickhead Michael B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $300,000 -6.3% $129 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $320,000 -- $138 / 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 $3,699 $400,833 $0 $0
2024 $3,452 $362,300 $83,100 $279,200
2023 $3,153 $330,933 $0 $0
2022 $2,854 $299,567 $0 $0
2021 $2,567 $268,200 $67,600 $200,600
2020 $2,475 $258,633 $0 $0
2019 $2,384 $249,067 $0 $0
2018 $2,258 $239,500 $62,600 $176,900
2017 $2,268 $239,500 $0 $0
2016 -- $239,500 $0 $0
2015 $2,239 $264,400 $0 $0
2014 $2,239 $264,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO100158

Bright MLS

APN: 03-069974