Seller's Agent in 2024
David Dypsky
Newport Bay Realty
(410) 726-5020
35 in this area
55 Total Sales
582 Ocean Pkwy Berlin, MD 21811
Estimated Value: $443,000 - $543,000
3
Beds
2.5
Baths
1,400
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Coastal Architecture
- Central Air
- Showell Elementary School Rated A-
- Community Pool
- Heat Pump System
About This Home
As of July 2024Welcome home to 582 Ocean Pkwy, where coastal charm meets modern comfort. This immaculate 3-bedroom, 2.5-bathroom, fully furnished home offers you an opportunity to enjoy your very own turn-key slice of paradise in a prime location, nearby the community marina and boat launch, yacht club, and conveniently across the street from an 11-acre canal-front park which offers a floating dock and small craft launch site with water trail into the Isle of Wight Bay, a crabbing pier, hiking trail, and recreation area. As you step inside this coastal contemporary charmer, you'll be greeted by a clean, crisp atmosphere boasting an abundance of natural light and sweeping views of the surrounding natural landscape. No detail has been overlooked, from the updated appliances and counter tops to the newer HVAC and roof, LVP flooring, and ample storage areas ensuring your comfort and convenience. An inviting living area has been designed with comfort in mind, and offers the ideal space for entertaining or relaxing, whatever you choose! Upstairs, you'll find three spacious bedrooms and two full bathrooms, including an owner's suite with a private balcony. Step outside to discover your very own oasis, complete with a screened porch, various outdoor living spaces, and a rooftop deck which feels like a secluded tree-top hideaway ... all giving way to the perfect setting for al fresco dining or enjoying a morning cup of coffee. Whether you're unwinding with a book in hand or entertaining friends and family, 582 Ocean Pkwy offers the perfect backdrop for coastal living at its finest. Located in the desirable Ocean Pines community where residents and guests enjoy nearby access to an array of amenities, including dining and entertainment, more than a dozen parks and walking trails, over 10 miles of water trails for paddle enthusiasts, a Robert Trent Jones Sr.-designed golf course, five swimming pools, a beach club, yacht club, two marinas, numerous robust recreation programs, a dog park, tot lots, weekly Farmers and Artisans Market, and a premier racquet sports complex, just to name a few... there's always something to do! All located just five miles inland from the Ocean City, MD beaches and attractions. Whether you're seeking a primary residence, vacation retreat, or a lucrative investment property (earnings in 2023 were $40,000), 582 Ocean Pkwy offers the perfect blend of comfort, convenience, and location. Don't miss your chance to make this stunning coastal home your own - schedule your showing today!
Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty-WOC License #RS-0024912
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,229
Year Built
- Built in 1988
Lot Details
- 8,831 Sq Ft Lot
- Property is zoned R-3
HOA Fees
- $71 Monthly HOA Fees
Home Design
- Coastal Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Views of Woods
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 199
- Assessor Parcel Number 2403093611
Community Details
Overview
- Ocean Pines Association
- Ocean Pines Seabright Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2024
Closed on
Jul 8, 2024
Sold by
Parker Ana Beatriz and Parker Jason
Bought by
Marcellin Myra S and Marcellin Curt M
Seller's Agent
David Dypsky
Newport Bay Realty
Buyer's Agent
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,363
Avg. Annual Appreciation
-1.78%
Original Mortgage
$146,500
Outstanding Balance
$90,961
Interest Rate
7.03%
Estimated Equity
$388,135
Purchase Details
Listed on
Nov 18, 2022
Closed on
Dec 29, 2022
Sold by
Phoenix Property Developers Llc
Bought by
Parker Jason and Parker Ana Beatriz
Seller's Agent
Pattee McInerney Scott McInerney
RE/MAX One
Buyer's Agent
David Dypsky
Newport Bay Realty
List Price
$445,000
Sold Price
$417,500
Premium/Discount to List
-$27,500
-6.18%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$313,125
Interest Rate
6.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 2018
Sold by
Kelso Jeffrey W
Bought by
Phoenix Property Developers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,400
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 8, 1994
Sold by
Grant Massey R and Grant Lynn A
Bought by
Kelso Jeffrey W
Purchase Details
Closed on
Apr 2, 1984
Sold by
Witzke Leroy Marion
Bought by
Massey Massey R and Massey Lynn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,435
Interest Rate
13.55%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marcellin Myra S | $489,000 | Lakeside Title | |
| Parker Jason | $417,500 | -- | |
| Phoenix Property Developers Llc | $170,000 | New World Title Co Llc | |
| Kelso Jeffrey W | $91,000 | -- | |
| Massey Massey R | $13,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marcellin Myra S | $146,500 | |
| Open | Marcellin Myra S | $293,400 | |
| Previous Owner | Parker Jason | $313,125 | |
| Previous Owner | Phoenix Property Developers Llc | $202,500 | |
| Previous Owner | Phoenix Property Developers Llc | $193,400 | |
| Previous Owner | Massey Massey R | $11,435 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2024 07/08/24 | Sold | $489,000 | -2.0% | $349 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $499,000 | 0.0% | $356 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 05/28/2024 05/28/24 | For Sale | $499,000 | +19.5% | $356 / Sq Ft |
| 12/29/2022 12/29/22 | Sold | $417,500 | -1.8% | $298 / Sq Ft |
| 12/07/2022 12/07/22 | Pending | -- | -- | -- |
| 12/03/2022 12/03/22 | Price Changed | $425,000 | -4.5% | $304 / Sq Ft |
| 11/18/2022 11/18/22 | For Sale | $445,000 | -- | $318 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,371 | $267,867 | $0 | $0 |
| 2024 | $2,371 | $248,800 | $67,600 | $181,200 |
| 2023 | $2,229 | $232,967 | $0 | $0 |
| 2022 | $2,069 | $217,133 | $0 | $0 |
| 2021 | $1,926 | $201,300 | $67,600 | $133,700 |
| 2020 | $1,858 | $194,200 | $0 | $0 |
| 2019 | $1,791 | $187,100 | $0 | $0 |
| 2018 | $1,699 | $180,000 | $61,900 | $118,100 |
| 2017 | $1,699 | $179,700 | $0 | $0 |
| 2016 | $1,699 | $179,400 | $0 | $0 |
| 2015 | $1,276 | $179,100 | $0 | $0 |
| 2014 | $1,276 | $179,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Dypsky
-
Kimberly Heaney
Buyer's Agent in 2024
Kimberly Heaney
Berkshire Hathaway HomeServices PenFed Realty-WOC
(443) 386-3177
81 in this area
207 Total Sales
-
Pattee McInerney Scott McInerney
Seller's Agent in 2022
Pattee McInerney Scott McInerney
RE/MAX
(301) 717-5418
1 in this area
264 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2020862
APN: 03-093611
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