NOT LISTED FOR SALE

509 Tidewater Cove Ocean Pines, MD 21811

Estimated Value: $691,274 - $920,000

0.42 Acre
$1,876,950 Price per Acre
18,295 Sq Ft Lot

Last Sold May 21, 2015

Last sale price $80,000

Est. 837% increase in value since last sale

Current estimated payment $4,428/month

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • Clubhouse

About This Lot

As of May 2015

Large lot (18,259 s.f.) with a good size buildable area! Private rear setting in area of nice homes. Located on a cul-de-sac street in The Point of Ocean Pines. One of the communities nicest neighborhoods. Amenities include golf, tennis, indoor and outdoor pools, beach club, Yacht club and much more! Choose the Builder of your choice.

Last Agent to Sell the Property

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 07/30/2014

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 07/30/2014

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,384

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 107x229x218x71
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $100 Monthly HOA Fees

Location

  • Flood Risk

Schools

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

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap Off Main

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 146227

Community Details

Overview

  • Ocean Pines The Point Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$4,384

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Large lot (18,259 s.f.) with a good size buildable area! Private rear setting in area of nice homes. Located on a cul-de-sac street in The Point of Ocean Pines. One of the communities nicest neighborhoods. Amenities include golf, tennis, indoor and outdoor pools, beach club, Yacht club and much more! Choose the Builder of your choice.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.92
  • Street Number Modifier: 509

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap Off Main
  • Water Sewer Expenses: 336.00
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public

Condo/Co-op/Association

  • HOA Fees: 1204.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA: Yes

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
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.42
  • Lot Dimensions: 107x229x218x71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18259.00
  • Possible Use: Residential
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5390515
  • Assessor Parcel Number: 146227
  • Tax Lot: 70
  • County Tax Payment Frequency: Annually
  • Close Date: 05/21/2015

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Dingus Daniel S and Dingus Megan R
Bought by
Rowe Dingus Living Trust
Current Estimated Value
$749,851

Purchase Details

Listed on
Jul 30, 2014
Closed on
May 21, 2015
Sold by
Finnegan Edward J and Finnegan Ann F
Bought by
Dingus Daniel S and Dingus Megan R
Seller's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.53%
Original Mortgage
$72,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2000
Sold by
Mccain William R and Mccain Teresa B
Bought by
Finnegan Edward J and Finnegan Ann F
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
Rowe Dingus Living Trust -- None Listed On Document
Dingus Daniel S $80,000 First American Title
Finnegan Edward J $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dingus Daniel S $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Pending -- -- --
05/21/2015 05/21/15 Sold $80,000 -15.7% --
07/30/2014 07/30/14 For Sale $94,900 -- --
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 $4,384 $554,200 $0 $0
2024 $4,383 $531,400 $122,900 $408,500
2023 $4,228 $491,700 $0 $0
2022 $4,077 $452,000 $0 $0
2021 $3,946 $412,300 $67,900 $344,400
2020 $3,726 $401,667 $0 $0
2019 $3,742 $391,033 $0 $0
2018 $3,587 $380,400 $72,900 $307,500
2017 $463 $53,900 $0 $0
2016 -- $48,900 $0 $0
2015 $1,110 $43,900 $0 $0
2014 $1,110 $43,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000862078

Bright MLS

APN: 03-146227