NOT LISTED FOR SALE

59 King Richard Rd Ocean Pines, MD 21811

Estimated Value: $139,023 - $256,000

0.29 Acre
$594,848 Price per Acre
12,632 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $125,000

Est. 35% increase in value since last sale

Current estimated payment $1,069/month

379 Days on Market

About This Lot

As of January 2023

Newest Neighborhood in the last 15 years , 30 Lots available Today , Ready to Build now All Lots are Cleared , No Builder Tie in , any Builder is fine , Only HOA is OP $978, Minimum Building size is 1800 sqft with 2 Car Garage on One Story House or 2300+sqft with 2 Car Garage in a Two Story House

Last Agent to Sell the Property

GREG STEEN

Steen Realty Inc Listed on: 09/13/2021

Last Buyer's Agent

Michael Hall

Patterson-Schwartz-OceanView License #05-651274

Patterson-Schwartz-OceanView

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $328

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 95.47 x 125
  • Cleared Lot
  • Property is zoned R1

HOA Fees

  • $82 Monthly HOA Fees

Property Views

  • Views of Woods

Utilities

  • 120/240V
  • Municipal Trash

Community Details

  • Ocean Pines HOA

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Est. Annual Taxes

$328

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Newest Neighborhood in the last 15 years , 30 Lots available Today , Ready to Build now All Lots are Cleared , No Builder Tie in , any Builder is fine , Only HOA is OP $978, Minimum Building size is 1800 sqft with 2 Car Garage on One Story House or 2300+sqft with 2 Car Garage in a Two Story House
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 9.85
  • Street Number Modifier: 59

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 120/240V
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 978.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.29
  • Lot Dimensions: 95.47 x 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12688.45
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 328.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: 1
  • Tax Year: 2021
  • Close Date: 01/13/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jan 13, 2023
Sold by
Triple Crown Iii Llc
Bought by
Beracah Homes Inc
Seller's Agent
GREG STEEN
Steen Realty Inc
Buyer's Agent
Michael Hall
Patterson-Schwartz-OceanView
List Price
$125,000
Sold Price
$125,000
Views
14
Current Estimated Value
$168,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,331
Avg. Annual Appreciation
11.45%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Beracah Homes Inc $125,000 Flagship Real Estate Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $125,000 0.0% --
09/27/2022 09/27/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $125,000 -- --
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 $1,130 $120,267 $0 $0
2024 $1,130 $118,600 $118,600 $0
2023 $1,130 $118,600 $118,600 $0
2022 $1,130 $118,600 $118,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2002366

Bright MLS

APN: 03-769382