NOT LISTED FOR SALE

531 Yacht Club Dr Unit 1 Berlin, MD 21811

Estimated Value: $286,000 - $449,000

3 Beds
3 Baths
1,470 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $300,000 $204 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,525/month

33 Days on Market

Highlights

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

About This Home

As of July 2024

3 Bedroom, 3 Full bath townhouse within walking distance to water, neighborhood swimming pool and clubhouse, just minutes from Ocean City! Take the short steps to the covered front porch, and enter in on the main level to a tiled foyer that extends to the right to a large wood floored bedroom, this bedroom has a large closet jack and Jill full bathroom with bath/tube combo and doubles as the hallway bathroom. Back out in the hallway the tiled floor leads further into the kitchen which comes with tons of cabinetry, all appliances and a long countertop which wraps around into a breakfast bar. This kitchen is open conspect looking out over a large wood floored living room. Sliders off of the living room lead out onto a small composite deck with steps down onto a small paver patio. Back inside, taking the wood stairs to the second floor, also covered in wood flooring leads to two more large bedrooms, each with their own full bath. Thats 3 bedrooms, each with its own full bath! The many amenities that come with this neighborhood, and Ocean Pines in general, as well as the homes close proximity to Ocean City make this the perfect place to visit frequently or to turn into the perfect "permanent vacation" home.

Last Agent to Sell the Property

Daniel McGhee

(410) 652-6003 danielmcgh@gmail.com Homeowners Real Estate Listed on: 05/24/2024

Last Buyer's Agent

Sandie Mattes

(443) 250-2730 sandie.mattes@yahoo.com Keller Williams Realty Delmarva License #RS-0022399

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 2005

Lot Details

  • 958

HOA Fees

Parking

  • Parking Lot

Home Design

  • Side-by-Side
  • Permanent Foundation

Interior Spaces

  • 1,470 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 531 1
  • Assessor Parcel Number 2403165213

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, snow removal
  • Pines Point Community

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Dog Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,861

Year Built

Built in 2005

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-26
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1470
  • Living Area Sq Ft: 1470
  • Price Per Sq Ft: 221.09
  • Above Grade Finished Sq Ft: 1470
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 886.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1245.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach Club, Bike Trail, Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Community Center, Dog Park, Fitness Center, Golf Course, Golf Course Membership Available, Jog/Walk Path, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1861.00
  • Assessor Parcel Number: 2403165213
  • Tax Lot: 531 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 26, 2024
Sold by
Heuman Family Trust and Heuman Philip
Bought by
Mattes Sandra A
Seller's Agent
Daniel McGhee
Homeowners Real Estate
Buyer's Agent
Sandie Mattes
Keller Williams Realty Delmarva
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%
Views
126
Current Estimated Value
$352,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,264
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Oct 23, 2022
Sold by
Mv Of Ocean Pines Limited Partnership
Bought by
Short Robert J and Short Judith C

Purchase Details

Closed on
May 21, 2018
Sold by
Heuman Sheila M
Bought by
Heuman Sheila M and The Heuman Family Trust

Purchase Details

Listed on
Apr 13, 2017
Closed on
Sep 15, 2017
Sold by
Iannaccone Salvatore and Iannaccone Kathleen
Bought by
Heuman Sheila M
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Ellen Waters
Hileman Real Estate-Berlin
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$145,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Pines Point Development Inc
Bought by
Iannaccone Salvatore and Iannaccone Kathleen Iannaccone
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mattes Sandra A $300,000 Maryland Title
Mattes Sandra A $300,000 Maryland Title
Short Robert J -- --
Short Robert J -- None Listed On Document
Heuman Sheila M -- None Available
Heuman Sheila M $182,000 None Available
Iannaccone Salvatore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heuman Sheila M $145,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $300,000 -7.7% $204 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $325,000 -4.4% $221 / Sq Ft
05/24/2024 05/24/24 For Sale $340,000 +86.8% $231 / Sq Ft
09/27/2017 09/27/17 Sold $182,000 -4.2% $124 / Sq Ft View Prior Sale
08/11/2017 08/11/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $189,900 -- $129 / 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 $2,198 $238,133 $0 $0
2024 $1,961 $205,800 $102,900 $102,900
2023 $1,861 $194,500 $0 $0
2022 $1,745 $183,200 $0 $0
2021 $1,645 $171,900 $85,900 $86,000
2020 $1,589 $166,033 $0 $0
2019 $4,342 $160,167 $0 $0
2018 $1,461 $154,300 $77,100 $77,200
2017 $1,461 $154,300 $0 $0
2016 -- $154,300 $0 $0
2015 -- $169,000 $0 $0
2014 $1,609 $169,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2021122

Bright MLS

APN: 03-165213