Seller's Agent in 2024
Michael Hall
Patterson Schwartz
(443) 373-4046
12 in this area
94 Total Sales
61 King Richard Rd Ocean Pines, MD 21811
4
Beds
3.5
Baths
2,953
Sq Ft
0.29
Acres
Highlights
- Boat Ramp
- Private Beach Club
- New Construction
- Showell Elementary School Rated A-
- Fitness Center
- Lake Privileges
About This Home
As of October 2024Welcome to your dream coastal retreat in the newest Estate Home Triple Crown section of Ocean Pines, MD! This stunning Craftsman-style home boasts 4 spacious bedrooms and 3.1 bathrooms, offering ample space for both relaxation and entertainment. Situated in a sought-after community, this two-level abode welcomes you with its charming exteriors and coastal charm. The home features a central A/C system, providing comfort during warm summer days, and a heat pump with electric backup for efficient heating. Step inside to discover an open and inviting floor plan, perfect for creating lifelong memories. The well-appointed kitchen is a chef's delight, complete with modern appliances and beautiful finishes. The adjacent living room is a 16' x 22' blank canvas for you to create your perfect personalized space. Multiple outdoor spaces include a patio and porch, where you can unwind and enjoy the peaceful surroundings. The community amenities are truly exceptional, including multiple sparkling pools for refreshing swims on hot summer days as well as an indoor pool and available Oceanfront beach club to allow year-round water access. Whether you prefer relaxing by the water or soaking up the sun, this community has it all - even offering both optional golf and yacht club memberships. Perfectly located in Berlin, MD, you'll enjoy the best of both worlds –the tranquility of coastal living and the convenience of nearby amenities. Explore the local shops, dine at fantastic restaurants, or enjoy a day at the nearby beach. Don't miss your opportunity to own this coastal paradise. Schedule your showing today and discover the perfect blend of comfort, style, and coastal charm that this beautiful home has to offer. Home is ready for you now - why wait for new construction when we've built it for you already, the only thing missing is you! NEW REDUCED PRICE - Seller says bring all offers! Seller is also offering a sub-6% rate guarantee for buyers choosing to finance with Embrace Home Loans - contact listing agent for details!
Last Agent to Sell the Property
Patterson-Schwartz-OceanView License #05-651274 Listed on: 11/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,135
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.29 Acre Lot
HOA Fees
- $83 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
Home Design
- Craftsman Architecture
- Coastal Architecture
- Modular or Manufactured Materials
- Stick Built Home
Interior Spaces
- 2,953 Sq Ft Home
- Property has 2 Levels
- Crawl Space
Bedrooms and Bathrooms
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
Outdoor Features
- Lake Privileges
- Patio
- Rain Gutters
- Porch
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Propane Water Heater
Listing and Financial Details
- Assessor Parcel Number 2403769383
Community Details
Overview
- Ocean Pines HOA
- Ocean Pines Subdivision
- Community Lake
Amenities
- Picnic Area
- Common Area
- Clubhouse
- Community Center
- Recreation Room
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- Golf Course Membership Available
- Private Beach Club
- Tennis Courts
- Baseball Field
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Indoor Pool
- Dog Park
- Jogging Path
- Bike Trail
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2023
Closed on
Oct 4, 2024
Sold by
Beracah Homes Inc
Bought by
Spann John and Kelly Kathleen
Seller's Agent
Michael Hall
Patterson-Schwartz-OceanView
Buyer's Agent
Karen Oass
Long & Foster Real Estate, Inc.
List Price
$719,900
Sold Price
$650,000
Premium/Discount to List
-$69,900
-9.71%
Views
259
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
$9,190
Avg. Annual Appreciation
1.52%
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
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.34%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | Community Title Network | |
| Deed | $125,000 | -- | |
| Deed | $125,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,023,436 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $650,000 | -3.7% | $220 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 08/15/2024 08/15/24 | Price Changed | $674,900 | -3.6% | $229 / Sq Ft |
| 08/02/2024 08/02/24 | Price Changed | $699,900 | -2.8% | $237 / Sq Ft |
| 07/18/2024 07/18/24 | Price Changed | $719,900 | 0.0% | $244 / Sq Ft |
| 07/18/2024 07/18/24 | For Sale | $719,900 | -0.7% | $244 / Sq Ft |
| 07/16/2024 07/16/24 | Off Market | $724,900 | -- | -- |
| 06/30/2024 06/30/24 | Price Changed | $724,900 | -2.0% | $245 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $739,900 | -1.3% | $251 / Sq Ft |
| 05/24/2024 05/24/24 | Price Changed | $749,900 | -6.3% | $254 / Sq Ft |
| 02/22/2024 02/22/24 | Price Changed | $799,900 | -4.8% | $271 / Sq Ft |
| 11/22/2023 11/22/23 | For Sale | $839,900 | +571.9% | $284 / Sq Ft |
| 01/13/2023 01/13/23 | Sold | $125,000 | 0.0% | -- |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 12/02/2021 12/02/21 | For Sale | $125,000 | 0.0% | -- |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 09/13/2021 09/13/21 | For Sale | $125,000 | -- | -- |
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 | $4,192 | $512,100 | $0 | $0 |
| 2024 | $4,192 | $440,000 | $132,600 | $307,400 |
| 2023 | $1,130 | $118,600 | $118,600 | $0 |
| 2022 | $1,130 | $118,600 | $118,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Hall
-
Bill Gaines
Seller Co-Listing Agent in 2024
Bill Gaines
Patterson Schwartz
(302) 542-1964
3 in this area
100 Total Sales
-
Karen Oass
Buyer's Agent in 2024
Karen Oass
Long & Foster
(443) 880-5727
25 in this area
139 Total Sales
-
GREG STEEN
Seller's Agent in 2023
GREG STEEN
Steen Realty Inc
(443) 235-2325
40 in this area
58 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2017746
APN: 03-769383
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