NOT LISTED FOR SALE

438 Ocean Pkwy Unit 16 Berlin, MD 21811

Estimated Value: $240,141 - $256,000

3 Beds
2 Baths
1,418 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $234,000 $165 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,073/month

17 Days on Market

Highlights

  • Marina
  • Water Views
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Coastal Architecture

About This Home

As of March 2023

Incredible opportunity to own a 3-bedroom, end unit townhome in Ocean Pines. Relax and enjoy golf course and water views from the front porch or private balcony. The main living room and kitchen boast 11ft wood beamed ceilings. Being sold furnished, this home makes for a great beach home, rental property or primary residence. The primary bedroom also has the tall ceilings and an attached full bathroom. On the first floor you have two bedrooms and a separate living area with wet bar, great for guests or family. Recent upgrades include carpet and floors in 2019, new slider door 2017 and HVAC system in 2015. Located just a mile from the Ocean Pines yacht club and only 10 minutes from the beach club. Ocean Pines amenities also include tennis courts, swimming pools, dog park, bike/walking trails, playgrounds and more. Home is being sold with a 1-year home warranty.

Last Agent to Sell the Property

Jimbo Weismiller

Keller Williams Realty Delmarva License #665815 Listed on: 01/16/2023

Keller Williams Realty Delmarva

Last Buyer's Agent

Haille Spicer

EXP Realty, LLC License #5013107

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1973

Lot Details

  • 741

HOA Fees

Property Views

  • Water
  • Golf Course

Home Design

  • Coastal Architecture
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,418 Sq Ft Home
  • Property has 2 Levels
  • Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot AP
  • Assessor Parcel Number 2403044998

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, reserve funds, trash
  • Borderlinks I Community

Amenities

  • Community Center

Recreation

  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Indoor Pool
  • Dog Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,587

Year Built

Built in 1973

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible opportunity to own a 3-bedroom, end unit townhome in Ocean Pines. Relax and enjoy golf course and water views from the front porch or private balcony. The main living room and kitchen boast 11ft wood beamed ceilings. Being sold furnished, this home makes for a great beach home, rental property or primary residence. The primary bedroom also has the tall ceilings and an attached full bathroom. On the first floor you have two bedrooms and a separate living area with wet bar, great for guests or family. Recent upgrades include carpet and floors in 2019, new slider door 2017 and HVAC system in 2015. Located just a mile from the Ocean Pines yacht club and only 10 minutes from the beach club. Ocean Pines amenities also include tennis courts, swimming pools, dog park, bike/walking trails, playgrounds and more. Home is being sold with a 1-year home warranty.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1418
  • Living Area Sq Ft: 1418
  • Price Per Sq Ft: 169.18
  • Above Grade Finished Sq Ft: 1418
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 438

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
  • View: Golf Course, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 896.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Baseball Field, Beach Club, Bike Trail, Community Center, Dog Park, Golf Course, Jog/Walk Path, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5381658
  • Tax Annual Amount: 1587.00
  • Assessor Parcel Number: 2403044998
  • Tax Lot: AP
  • Tax Total Finished Sq Ft: 1418
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/15/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 15, 2023
Sold by
Jones Mary Sue
Bought by
Abdrakhmanova Asiya
Seller's Agent
Jimbo Weismiller
Keller Williams Realty Delmarva
Buyer's Agent
Haille Spicer
EXP Realty, LLC
List Price
$239,900
Sold Price
$234,000
Premium/Discount to List
-$5,900
-2.46%
Views
236
Current Estimated Value
$248,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,035
Avg. Annual Appreciation
1.39%
Original Mortgage
$187,200
Outstanding Balance
$182,331
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$59,096

Purchase Details

Listed on
Jul 30, 2013
Closed on
Mar 17, 2014
Sold by
Cook Robert J and Cook Susan
Bought by
Jones Mary Sue and Jones Gary Lynn
Seller's Agent
Jim Volk
Integrity Real Estate
Buyer's Agent
Jim Volk
Integrity Real Estate
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Sep 5, 1986
Sold by
Chen David H T
Bought by
Cook Robert J and Cook Susan
Source: Public Records

Range of Values:

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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
Abdrakhmanova Asiya $234,000 Sage Title
Jones Mary Sue $159,900 Capitol Title
Cook Robert J $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdrakhmanova Asiya $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $234,000 -2.5% $165 / Sq Ft
01/16/2023 01/16/23 For Sale $239,900 +50.0% $169 / Sq Ft
03/17/2014 03/17/14 Sold $159,900 0.0% $113 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
07/30/2013 07/30/13 For Sale $159,900 -- $113 / 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
2024 $1,986 $208,400 $104,200 $104,200
2023 $1,783 $187,133 $0 $0
2022 $1,580 $165,867 $0 $0
2021 $1,384 $144,600 $72,300 $72,300
2020 $1,378 $144,600 $72,300 $72,300
2019 $1,378 $144,600 $72,300 $72,300
2018 $1,457 $154,500 $77,200 $77,300
2017 $1,365 $149,300 $0 $0
2016 -- $144,100 $0 $0
2015 $1,598 $138,900 $0 $0
2014 $1,598 $138,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2011878

Bright MLS

APN: 03-044998