NOT LISTED FOR SALE

521 Tidewater Cove Ocean Pines, MD 21811

Estimated Value: $1,344,000 - $1,981,000

4 Beds
4 Baths
4,632 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $1,175,000 $254 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,505/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Open Floorplan
  • Showell Elementary School Rated A-
  • 2.73 Acre Lot
  • Curved or Spiral Staircase

About This Home

As of September 2019

If you are looking for the most compelling property in Ocean Pines- look no further!!! Privately and naturally nestled on a nearly 3 acre waterfront lot with panoramic and unobstructed views of Ocean Pines/Ocean City. The property features 800 feet of natural shoreline complete with 200 feet of sand beaches and a 250' pier. 4 spacious bedrooms with astonishing views alongside 4 full baths. 1st floor master bedroom combined with sitting area and sunroom. Elegant marble countertops throughout. This home radiates sophistication and elevated creativity. So tastefully done it merges real estate and art. Call today for more information!

Last Agent to Sell the Property

Dylan Markward

(443) 373-8993 dylan.markward@cbrealty.com Coldwell Banker Realty License #666635 Listed on: 05/18/2019

Coldwell Banker Realty

Last Buyer's Agent

Dylan Markward

(443) 373-8993 dylan.markward@cbrealty.com Coldwell Banker Realty License #666635 Listed on: 05/18/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,491

Year Built

  • Built in 2013

Lot Details

  • 2.73 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned R-3

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 4,632 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Crown Molding
  • Ceiling Fan
  • 3 Fireplaces
  • Formal Dining Room
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Schools

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

Additional Features

  • Water Access
  • Flood Risk
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 03-146278

Community Details

Overview

  • Ocean Pines The Point Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,491

Year Built

Built in 2013

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2013
  • Remarks Public: If you are looking for the most compelling property in Ocean Pines- look no further!!! Privately and naturally nestled on a nearly 3 acre waterfront lot with panoramic and unobstructed views of Ocean Pines/Ocean City. The property features 800 feet of natural shoreline complete with 200 feet of sand beaches and a 250' pier. 4 spacious bedrooms with astonishing views alongside 4 full baths. 1st floor master bedroom combined with sitting area and sunroom. Elegant marble countertops throughout. This home radiates sophistication and elevated creativity. So tastefully done it merges real estate and art. Call today for more information!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Primary Bath(s), Floor Plan - Open, Dining Area, Crown Moldings, Curved Staircase, Carpet, Ceiling Fan(s), Attic, Formal/Separate Dining Room, Walk-In Closet(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 4632
  • Living Area Sq Ft: 4632
  • Price Per Sq Ft: 269.65
  • Above Grade Finished Sq Ft: 4632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 521

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Tile
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1479.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • 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: 011
  • Lot Size Acres: 2.73
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 118919.00
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5390519
  • Tax Annual Amount: 9491.00
  • Assessor Parcel Number: 03-146278
  • Tax Lot: 309
  • Tax Total Finished Sq Ft: 4632
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/06/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2019
Closed on
Sep 6, 2019
Sold by
Ott Bradford Q and Butts Ricarda R
Bought by
Marshall Melvin Jack and Marshall Teresa Jeanette
Seller's Agent
Dylan Markward
Coldwell Banker Realty
Buyer's Agent
Dylan Markward
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,175,000
Premium/Discount to List
-$74,000
-5.92%
Current Estimated Value
$1,764,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,809
Avg. Annual Appreciation
5.81%
Original Mortgage
$300,000
Outstanding Balance
$199,462
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,461,418

Purchase Details

Closed on
Sep 7, 1999
Sold by
Banker'S Development L L C
Bought by
Iskander Adel H and Iskander Cynthia
Source: Public Records

Range of Values:

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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
Marshall Melvin Jack $1,175,000 Maryland Title Services
Iskander Adel H $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Melvin Jack $300,000
Closed Iskander Adel H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $1,175,000 -5.9% $254 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $1,249,000 0.0% $270 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $1,249,000 -3.6% $270 / Sq Ft
05/18/2019 05/18/19 For Sale $1,295,000 -- $280 / 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 $12,640 $1,369,533 $0 $0
2024 $11,534 $1,210,600 $388,400 $822,200
2023 $10,839 $1,137,633 $0 $0
2022 $10,144 $1,064,667 $0 $0
2021 $9,491 $991,700 $302,400 $689,300
2020 $9,491 $991,700 $302,400 $689,300
2019 $9,491 $991,700 $302,400 $689,300
2018 $10,136 $1,075,100 $323,400 $751,700
2017 $10,071 $1,069,267 $0 $0
2016 -- $1,063,433 $0 $0
2015 $3,119 $1,057,600 $0 $0
2014 $3,119 $1,057,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dylan Markward

    Seller's Agent in 2019

    Dylan Markward

    Coldwell Banker Realty

    (443) 373-8993

    8 in this area

    8 Total Sales

    Dylan Markward
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO106322

Bright MLS

APN: 03-146278

Maryland Worcester County Ocean Pines 21811

521 Tidewater Cove, Ocean Pines, MD

This home is located at 521 Tidewater Cove, Ocean Pines, MD 21811 since 18 May 2019 and is currently estimated at $1,660,880, approximately $358 per square foot. This property was built in 2013. 521 Tidewater Cove is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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