NOT LISTED FOR SALE

5 Oceans End Ocean Pines, MD 21811

Estimated Value: $651,000 - $978,000

0.17 Acre
$4,701,800 Price per Acre
7,400 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $139,000

Est. 475% increase in value since last sale

Current estimated payment $4,893/month

7 Days on Market

Highlights

  • Water Oriented
  • River View
  • No HOA
  • Showell Elementary School Rated A-
  • Home fronts a canal

About This Lot

As of September 2019

Sought after Wooded Waterfront Lot with awesome views of the St. Martins River . (from upper levels that you will build) Steps away from the Swim and Racket Club. Spend the day at the pool or play a couple of games of pickle ball. This lot will never look at neighbors across the canal. No bridges, for quick and easy access to the river and Bay. Survey to follow soon. Don't delay get one of the few water front lots left in Ocean Pines with easy access to open water.

Last Agent to Sell the Property

Edie Brennan

Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 08/21/2019

Last Buyer's Agent

John Talbott

Berkshire Hathaway HomeServices PenFed Realty - OP License #16751

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,571

Year Built

  • 2022

Lot Details

  • 7,400 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-3

Property Views

  • River
  • Canal

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 03-093379

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Oriented

Property Details

Property Type

Land

Est. Annual Taxes

$1,571

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Sought after Wooded Waterfront Lot with awesome views of the St. Martins River . (from upper levels that you will build) Steps away from the Swim and Racket Club. Spend the day at the pool or play a couple of games of pickle ball. This lot will never look at neighbors across the canal. No bridges, for quick and easy access to the river and Bay. Survey to follow soon. Don't delay get one of the few water front lots left in Ocean Pines with easy access to open water.
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Price Per Sq Ft: 18.78
  • Street Number Modifier: 5

Exterior Features

  • Construction Completed: No
  • View: Canal, River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

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: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7400.00
  • Year Assessed: 2019
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5386029
  • Tax Annual Amount: 1571.00
  • Assessor Parcel Number: 03-093379
  • Tax Lot: 38
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 09/27/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Scardina Giovanni
Bought by
Scardina Giovanni and Steele Jennier R
Total Days on Market
7
Current Estimated Value
$799,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$490,723
Interest Rate
2.99%
Mortgage Type
Construction
Estimated Equity
$297,989

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 27, 2019
Sold by
Staubli Marsha W and Templeton Nancy W
Bought by
Scardina Giovanni
Seller's Agent
Edie Brennan
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
John Talbott
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.46%
Original Mortgage
$139,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2001
Sold by
Wint Rufus F and Templeman Nancy W
Bought by
Templeman Nancy W and Marsha W Staubli Trustees

Purchase Details

Closed on
Feb 15, 1996
Sold by
Burns Joseph J and Burns Beverly M
Bought by
Raymond Ulatowski and Raymond Gail
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
Scardina Giovanni -- Ocean Investments Title Corp
Scardina Giovanni $139,000 Ocean Invbestments Ttl Corp
Templeman Nancy W -- --
Raymond Ulatowski $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scardina Giovanni $530,000
Closed Scardina Giovanni $139,000
Closed Raymond Ulatowski --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $139,000 0.0% --
08/28/2019 08/28/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $139,000 -- --
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 $5,120 $537,400 $179,800 $357,600
2023 $4,891 $513,333 $0 $0
2022 $1,576 $165,400 $0 $0
2021 $1,581 $165,200 $165,200 $0
2020 $1,571 $164,200 $0 $0
2019 $1,562 $163,200 $0 $0
2018 $1,529 $162,200 $162,200 $0
2017 $1,504 $160,533 $0 $0
2016 -- $158,867 $0 $0
2015 $1,604 $157,200 $0 $0
2014 $1,604 $157,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO108478

Bright MLS

APN: 03-093379