NOT LISTED FOR SALE

6 Ivanhoe Ct Ocean Pines, MD 21811

Estimated Value: $284,686 - $356,000

0.48 Acre
$645,671 Price per Acre
20,909 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $285,000

Est. 9% increase in value since last sale

Current estimated payment $1,909/month

63 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Showell Elementary School Rated A-
  • 0.48 Acre Lot

About This Lot

As of May 2024

Beautiful Waterfront property with expansive water view. The property has access to deep water. One can make their way all the way out to the Atlantic Ocean by boat. There are very few waterfront properties in Ocean Pines. The buildable area on this lot is 4900 square feet. The square footage would include the house, deck and garage if you wanted a garage included. The property is half cleared and the other half partially covered with mature trees. The Robert Trent Jones Golf Course is only 2 blocks away with newly built clubhouse. Full memberships are available. Ocean Pines has 5 pools including an indoor swimming pool. Ocean Pines owns the property on the Atlantic Ocean from 49th to 50th Streets which includes a Beach Club, pool and off street parking with plenty of space to sun on the beach. The community has a Yacht Club with 2 adjacent pools and Tiki Bar. as well as two racket club areas for tennis and pickleball. This property is a must see.

Last Agent to Sell the Property

Steve Howse

(571) 239-8469 steve.howse@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #670985 Listed on: 02/22/2024

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Julie Woulfe

(443) 604-0186 jwoulfe@shamrockrealty.com ERA Martin Associates, Shamrock Division

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,620

Lot Details

  • 0.48 Acre Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R-3

HOA Fees

  • $125 Monthly HOA Fees

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 586
  • Assessor Parcel Number 2403038378

Community Details

Overview

  • Ocean Pines Association

Recreation

  • Water Access
  • Property is near a canal

Property Details

Property Type

Land

Est. Annual Taxes

$1,620

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful Waterfront property with expansive water view. The property has access to deep water. One can make their way all the way out to the Atlantic Ocean by boat. There are very few waterfront properties in Ocean Pines. The buildable area on this lot is 4900 square feet. The square footage would include the house, deck and garage if you wanted a garage included. The property is half cleared and the other half partially covered with mature trees. The Robert Trent Jones Golf Course is only 2 blocks away with newly built clubhouse. Full memberships are available. Ocean Pines has 5 pools including an indoor swimming pool. Ocean Pines owns the property on the Atlantic Ocean from 49th to 50th Streets which includes a Beach Club, pool and off street parking with plenty of space to sun on the beach. The community has a Yacht Club with 2 adjacent pools and Tiki Bar. as well as two racket club areas for tennis and pickleball. This property is a must see.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 14.42
  • Street Number Modifier: 6

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1498.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES ASSOCIATION
  • 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
  • Land Use Code: R
  • Lot Size Acres: 0.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20800.00
  • Year Assessed: 2023
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1620.00
  • Assessor Parcel Number: 2403038378
  • Tax Lot: 586
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 8, 2024
Sold by
Rena M Ardan Revocable Trust and Riley Michael J
Bought by
Paglia Larry J
Seller's Agent
Steve Howse
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Julie Woulfe
ERA Martin Associates, Shamrock Division
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
126
Current Estimated Value
$309,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,922
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Schumaker Ardan Rena
Bought by
Ardan Rena M
Source: Public Records

Range of Values:

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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
Paglia Larry J $285,000 Capitol Title
Ardan Rena M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $285,000 -5.0% --
04/25/2024 04/25/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $300,000 -- --
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 $1,624 $176,900 $0 $0
2024 $1,624 $170,400 $170,400 $0
2023 $1,620 $169,267 $0 $0
2022 $1,602 $168,133 $0 $0
2021 $1,598 $167,000 $167,000 $0
2020 $1,589 $166,000 $0 $0
2019 $1,579 $165,000 $0 $0
2018 $1,546 $164,000 $164,000 $0
2017 $1,537 $162,333 $0 $0
2016 -- $160,667 $0 $0
2015 $1,618 $159,000 $0 $0
2014 $1,618 $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2019196

Bright MLS

APN: 03-038378