
45 Capetown Rd Berlin, MD 21811
Highlights
- Marina
- Boat Ramp
- Private Beach Club
- Showell Elementary School Rated A-
- Golf Course Community
- Clubhouse
About This Home
As of January 2025Welcome to this charming Ocean Pines cottage, offering a blend of coastal living and potential for personalization. This property presents an opportunity for buyers looking to invest in a home they can make their own.
The interior features vaulted ceilings and newer windows that flood the space with natural light. Fresh paint throughout provides a clean slate for your design vision. The updated hot water heater ensures modern comfort, while the baseboard heating system offers a starting point for potential HVAC upgrades, including the possibility of adding central air conditioning.
Outside, a wrap-around deck and spacious backyard create opportunities for outdoor enjoyment, perfect for summer gatherings. The deck, while showing signs of wear, is an ideal outdoor space to enjoy the quiet and beauty of Ocean Pines life. A low-maintenance moss yard reduces landscaping needs...no cutting required! Storage options include a large backyard shed and attic space accessible via pull-down stairs.
Located just one block from Somerset Park, this home offers easy access to Ocean Pines' community amenities, including pools, parks, playgrounds, a golf course, and yacht club. Shopping, restaurants, and beaches are also nearby.
While there are opportunities for upgrades and improvements, allowing buyers to customize the home to their preferences, this Ocean Pines property offers a chance to create an ideal coastal retreat in a desirable community at an affordable price with low HOA fees. It's a home that needs some TLC but promises a rewarding project for those looking to put their stamp on a property in this sought-after location.
Last Agent to Sell the Property
Real Broker, LLC - Gaithersburg License #324114 Listed on: 09/27/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,896
Year Built
- Built in 1972
Lot Details
- 9,138 Sq Ft Lot
- Wooded Lot
- Property is zoned R-2
HOA Fees
- $70 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Rambler Architecture
- Block Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 912 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- Ceiling Fan
- Living Room
- Crawl Space
- Storm Doors
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Outdoor Features
- Deck
- Storage Shed
- Wrap Around Porch
Location
- Flood Risk
Schools
- Showell Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 371
- Assessor Parcel Number 2403092186
Community Details
Overview
- Ocean Pines Somerset Subdivision
Recreation
- Boat Ramp
- Marina
- Golf Course Community
- Private Beach Club
- Tennis Courts
- Community Playground
- Community Indoor Pool
Additional Features
- Clubhouse
- Security Service
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in Berlin, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $265,000 | None Listed On Document | |
Deed | $265,000 | None Listed On Document | |
Deed | $265,000 | None Listed On Document | |
Deed | $95,000 | -- | |
Deed | $95,000 | Acquest Title Services Inc | |
Deed | $95,000 | -- | |
Deed | -- | -- | |
Deed | -- | -- | |
Deed | $140,000 | -- | |
Deed | $78,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $175,000 | Stand Alone Refi Refinance Of Original Loan | |
Closed | -- | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/10/2025 01/10/25 | Sold | $265,000 | +1.9% | $291 / Sq Ft |
12/30/2024 12/30/24 | Pending | -- | -- | -- |
12/27/2024 12/27/24 | Price Changed | $260,000 | -5.5% | $285 / Sq Ft |
11/30/2024 11/30/24 | Price Changed | $275,000 | -5.2% | $302 / Sq Ft |
11/17/2024 11/17/24 | Price Changed | $290,000 | -3.3% | $318 / Sq Ft |
09/27/2024 09/27/24 | For Sale | $300,000 | -- | $329 / Sq Ft |
Tax History Compared to Growth
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 | $1,887 | $198,100 | $81,800 | $116,300 |
2023 | $1,677 | $176,000 | $0 | $0 |
2022 | $1,466 | $153,900 | $0 | $0 |
2021 | $1,261 | $131,800 | $67,000 | $64,800 |
2020 | $1,256 | $131,233 | $0 | $0 |
2019 | $1,250 | $130,667 | $0 | $0 |
2018 | $1,227 | $130,100 | $62,000 | $68,100 |
2017 | $1,186 | $125,200 | $0 | $0 |
2016 | $1,086 | $120,300 | $0 | $0 |
2015 | $1,086 | $115,400 | $0 | $0 |
2014 | $1,086 | $115,400 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
(808) 495-3525
1 in this area
168 Total Sales
-
Buyer's Agent in 2025
Kara Hawkins
Engel & Völkers Ocean City
(302) 542-6656
13 in this area
57 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2023554

APN: 03-092186
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