NOT LISTED FOR SALE

7 Bimini Ln Berlin, MD 21811

Estimated Value: $336,952 - $386,000

4 Beds
2 Baths
1,264 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $215,000 $170 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,236/month

47 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Sun or Florida Room
  • Showell Elementary School Rated A-
  • Attic
  • Great Room

About This Home

As of January 2019

This beautifully remodeled beach cottage with 4 bedrooms and 2 baths on a very quiet street in Ocean Pines is perfect for both families and vacation home buyers alike. Generous open floor plan includes an updated chefs kitchen with granite counter tops and new cabinets. Large pantry complete with brand new washer and dryer make this home a must see. Both bathrooms have been completely remodeled as well. As an added bonus, enjoy your morning coffee or afternoon cocktails on the back deck overlooking your yard.

Last Agent to Sell the Property

Spike Sands

Berkshire Hathaway HomeServices PenFed Realty - OP License #RS-0038938 Listed on: 11/13/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Sandy Dougan

Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0024742

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1973

Lot Details

  • 7,700 Sq Ft Lot
  • Property is in good condition
  • Property is zoned R-3

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Great Room
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • ENERGY STAR Qualified Washer

Accessible Home Design

  • Doors swing in
  • Level Entry For Accessibility

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts

Community Details

  • Ocean Pines Association
  • Ocean Pines Newport Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 03-071251

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,335

Year Built

Built in 1973

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Swing In, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Remarks Public: This beautifully remodeled beach cottage with 4 bedrooms and 2 baths on a very quiet street in Ocean Pines is perfect for both families and vacation home buyers alike. Generous open floor plan includes an updated chefs kitchen with granite counter tops and new cabinets. Large pantry complete with brand new washer and dryer make this home a must see. Both bathrooms have been completely remodeled as well. As an added bonus, enjoy your morning coffee or afternoon cocktails on the back deck overlooking your yard.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Dryer - Electric, Energy Star Clothes Washer
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Attic, Built-Ins, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Room Count: 9
  • Room List: Bedroom 4, Kitchen, Bedroom 1, Sun/Florida Room, Great Room, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 1264
  • Living Area Sq Ft: 1264
  • Price Per Sq Ft: 180.30
  • Above Grade Finished Sq Ft: 1264
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7700.00
  • Property Condition: Good
  • Year Assessed: 2017
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5384033
  • Tax Annual Amount: 1335.00
  • Assessor Parcel Number: 03-071251
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 1264
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 01/30/2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2018
Closed on
Jan 30, 2019
Sold by
Beachhouse Oc Llc
Bought by
Dawley Thomas Herbert and Dawley Emily Mae
Seller's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%
Current Estimated Value
$362,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,488
Avg. Annual Appreciation
8.39%
Original Mortgage
$50,000
Outstanding Balance
$44,047
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$321,660

Purchase Details

Listed on
May 11, 2018
Closed on
May 31, 2018
Sold by
Jone Kathleen A and Stricker Julia H
Bought by
Beach House Oc Llc
Seller's Agent
Kim Kiejzik
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$145,000
Sold Price
$108,000
Premium/Discount to List
-$37,000
-25.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.44%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Wheelehan George F and Wheelehan Kathryn F
Bought by
Stricker Julia

Purchase Details

Closed on
Mar 31, 1986
Sold by
Meyerson Theodore L
Bought by
Wheelehan George F and Wheelehan Kathryn F
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
Dawley Thomas Herbert $215,000 Capitol Title Ins Agency
Beach House Oc Llc $108,000 Brennan Title Co
Stricker Julia $130,000 --
Wheelehan George F $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawley Thomas Herbert $50,000
Closed Stricker Julia --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $215,000 -5.7% $170 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
12/28/2018 12/28/18 Price Changed $227,900 -0.9% $180 / Sq Ft
11/13/2018 11/13/18 For Sale $229,900 +112.9% $182 / Sq Ft
05/31/2018 05/31/18 Sold $108,000 -25.5% $85 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $145,000 -- $115 / 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 $2,227 $251,500 $0 $0
2024 $2,227 $233,700 $80,700 $153,000
2023 $2,085 $218,800 $0 $0
2022 $1,943 $203,900 $0 $0
2021 $1,809 $189,000 $66,300 $122,700
2020 $1,656 $173,000 $0 $0
2019 $1,502 $157,000 $0 $0
2018 $1,329 $141,000 $61,300 $79,700
2017 $1,199 $134,867 $0 $0
2016 -- $128,733 $0 $0
2015 $957 $122,600 $0 $0
2014 $957 $122,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1010012196

Bright MLS

APN: 03-071251