NOT LISTED FOR SALE

525 Yacht Club Dr Unit 2 Berlin, MD 21811

Estimated Value: $346,000 - $451,000

3 Beds
3 Baths
1,703 Sq Ft
$378/mo HOA Fee

Last Sold April 30, 2018

Last sale price $195,000 $115 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,563/month

159 Days on Market

Highlights

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

About This Home

As of April 2018

HOT HOT HOT! PRICE REDUCTION! Just in time for Spring, kick off the season with this spacious, well maintained townhouse. Located in the quiet neighborhood of Pines Point, tucked away in the popular community of Ocean Pines, this property offers every comfort of home. This townhouse boasts 3 floors of comfortable, indoor and outdoor living space. First fl. Master Suite, with an attached 3 season room porch, an expansive second fl. Kitchen, Living/Dining rm. area, and an entire 3rd fl. offering 2 additional bedrooms, complete with their own full sized bathrooms. Current owners have added a screen to the attached garage, creating a space for some additional outdoor living space. Make this house your HOME and take advantage of all that OP has to offer. ONE YEAR HOME WARRANTY INCLUDED!!

Last Agent to Sell the Property

Kelli Meeks

(443) 523-6814 coastalkelli@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #666684 Listed on: 10/12/2017

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Mike DiPietro

(443) 235-1427 mikedinocmd@gmail.com Keller Williams Realty Delmarva License #0024222

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • West Facing Home
  • Cleared Lot

HOA Fees

Parking

  • Handicap Parking
  • 1 Parking Garage Space
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,703 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Storage In Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 525
  • Assessor Parcel Number 165256

Community Details

Overview

  • Ocean Pines Association
  • Pines Point Condominium Association Condos
  • Pines Point Community
  • Ocean Pines Mumford's Woods Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$378 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Living Area Units: Square Feet
  • Total Sq Ft: 1703
  • Living Area Sq Ft: 1703
  • Price Per Sq Ft: 117.38
  • Above Grade Finished Sq Ft: 1703
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Off Street, Handicap Parking
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 216.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3584.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Pines Point Condominium Association
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Exercise Room, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 790.00
  • Outdoor Living Structures: Balcony, Deck(s), Enclosed, Screened

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5392122
  • Assessor Parcel Number: 165256
  • Tax Lot: 525
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Apr 30, 2018
Sold by
Woodson Scott M and Woodson Catherine A
Bought by
Guy Heidi L and Bonafede Donald Joseph
Seller's Agent
Kelli Meeks
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Mike DiPietro
Keller Williams Realty Delmarva
List Price
$235,000
Sold Price
$195,000
Premium/Discount to List
-$40,000
-17.02%
Current Estimated Value
$377,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,818
Avg. Annual Appreciation
9.08%
Original Mortgage
$156,000
Outstanding Balance
$134,445
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$243,373

Purchase Details

Closed on
Jul 3, 2013
Sold by
Chapman Thurlow Deborah L and Thurlow Joseph L
Bought by
Woodson Catherine A and Woodson Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guy Heidi L $195,000 Maryland Title Services
Woodson Catherine A $187,000 Title Resources Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guy Heidi L $156,000
Previous Owner Woodson Catherine A $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $195,000 -17.0% $115 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $235,000 -- $138 / 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 $2,373 $257,067 $0 $0
2024 $2,157 $226,400 $113,200 $113,200
2023 $2,044 $214,500 $0 $0
2022 $1,930 $202,600 $0 $0
2021 $1,825 $190,700 $95,300 $95,400
2020 $1,825 $190,700 $95,300 $95,400
2019 $1,825 $190,700 $95,300 $95,400
2018 $1,942 $206,000 $103,000 $103,000
2017 $1,790 $197,500 $0 $0
2016 -- $189,000 $0 $0
2015 $1,713 $180,500 $0 $0
2014 $1,713 $180,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kelli Meeks

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Section Image
  • Mike DiPietro

    Buyer's Agent in 2018

    Mike DiPietro

    Keller Williams Realty Delmarva

    (443) 235-1427

    21 in this area

    106 Total Sales

    Mike DiPietro
    Section Image
  • Ryan Haley

    Buyer Co-Listing Agent in 2018

    Ryan Haley

    Atlantic Shores Sotheby's International Realty

    (443) 880-8078

    68 in this area

    378 Total Sales

    Ryan Haley
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001849702

Bright MLS

APN: 03-165256

Maryland Worcester County Berlin 21811

525 Yacht Club Dr Unit 2, Berlin, MD

Not Listed for Sale

Condos

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