NOT LISTED FOR SALE

509 Twin Tree Rd Ocean City, MD 21842

Estimated Value: $487,000 - $559,000

3 Beds
2 Baths
1,430 Sq Ft
$371/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $238,000 $166 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,078/month

Highlights

  • Cape Cod Architecture
  • Sun or Florida Room
  • Enclosed Patio or Porch
  • Ocean City Elementary School Rated A
  • No HOA
  • 4-minute walk to Gorman Avenue Park

About This Home

As of August 2018

Cape Cod located in very desirable Caine Woods Community, walk to the beach, shopping and restaurants, 3 Bedrooms, 2 full bath, one bedroom and bath on 1st floor, private backyard, concrete driveway, new appliances and vinyl in kitchen, make your appointment today!

Last Agent to Sell the Property

Neda R. Howell

neda.cox@longandfoster.com Long & Foster Real Estate, Inc. License #R Listed on: 12/30/2017

Last Buyer's Agent

Whitney Jarvis

(443) 944-3073 wjarvis@cbmove.com Coldwell Banker Residential Brokerage License #MRIS:3225767

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1983

Lot Details

  • 4,356 Sq Ft Lot
  • Cleared Lot
  • Zoning described as R1

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,430 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Sun or Florida Room
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caine Woods Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 181658

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,434

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Bathroom 1, Bathroom 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1430
  • Living Area Sq Ft: 1430
  • Price Per Sq Ft: 169.23
  • Above Grade Finished Sq Ft: 1430
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Improvement Assessed Value: 1427.00
  • Land Assessed Value: 90700.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Zoning: RESIDENTIAL
  • Zoning Description: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412190
  • Tax Annual Amount: 3434.00
  • Assessor Parcel Number: 181658
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2017
Closed on
Aug 17, 2018
Sold by
White Rachel Kelin
Bought by
Griffin Lindsey and Griffin Justin N
Seller's Agent
Neda R. Howell
Long & Foster Real Estate, Inc.
Buyer's Agent
Whitney Jarvis
Coldwell Banker Residential Brokerage
List Price
$260,000
Sold Price
$238,000
Premium/Discount to List
-$22,000
-8.46%
Current Estimated Value
$531,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,031
Avg. Annual Appreciation
11.79%
Original Mortgage
$214,200
Outstanding Balance
$186,024
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$345,007

Purchase Details

Closed on
Dec 23, 2014
Sold by
Klein Donald and Klein Joyce L
Bought by
Klein Donald and Klein Joyce L

Purchase Details

Closed on
Mar 28, 1984
Sold by
Liberatore Adelmo and Liberatore Domenica
Bought by
Klein Donald and Klein Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,550
Interest Rate
13.48%
Source: Public Records

Range of Values:

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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
Griffin Lindsey $238,000 Title Resources Guaranty Co
Klein Donald -- None Available
Klein Donald $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Lindsey $214,200
Previous Owner Klein Donald $62,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $238,000 -1.7% $166 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $242,000 -3.2% $169 / Sq Ft
03/01/2018 03/01/18 Price Changed $249,900 -3.9% $175 / Sq Ft
12/30/2017 12/30/17 For Sale $260,000 -- $182 / 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 $3,516 $351,700 $0 $0
2024 $3,499 $300,500 $0 $0
2023 $3,432 $249,300 $142,700 $106,600
2022 $3,381 $244,000 $0 $0
2021 $3,349 $238,700 $0 $0
2020 $1,679 $233,400 $142,700 $90,700
2019 $3,320 $233,400 $142,700 $90,700
2018 $3,287 $233,400 $142,700 $90,700
2017 $2,448 $243,200 $0 $0
2016 $3,709 $237,433 $0 $0
2015 $1,868 $231,667 $0 $0
2014 $1,868 $225,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Neda R. Howell

    Long & Foster

  • W

    Buyer's Agent in 2018

    Whitney Jarvis

    Coldwell Banker Residential Brokerage

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Map

Source: Bright MLS

MLS Number: 1001560748

Bright MLS

APN: 10-181658

Maryland Worcester County Ocean City 21842

509 Twin Tree Rd, Ocean City, MD

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