Seller's Agent in 2022
Nikki Rose
Keller Williams Realty Delmarva
(410) 726-1448
29 in this area
94 Total Sales
7 Magnolia Place Berlin, MD 21811
Estimated Value: $349,629 - $383,000
3
Beds
2
Baths
1,184
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- Marina
- Boat Ramp
- Private Beach Club
- Showell Elementary School Rated A-
- Golf Course Community
- Fitness Center
About This Home
As of May 2022Welcome to this lovely one-level rancher located on quiet cul-de-sac in Ocean Pines' south gate.
Completely renovated inside & out (2017), this home boasts beautiful hardwood floors, custom kitchen island, granite countertops, upgraded appliances, tiled baths, Pella windows and doors, new roof, siding and decks. Added storage includes pull-down attic space and outdoor shed for your bikes and beach gear. Perfect for a year-round residence or vacation home, this home is easy to maintain. It's only minutes to the beach and plenty of amenities to choose from make this an ideal community to live. Don't miss the opportunity to make this YOUR home sweet home! Schedule your appointment today.
"Invest in the Beach Lifestyle"
Last Agent to Sell the Property
Keller Williams Realty Delmarva License #679374 Listed on: 04/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,464
Year Built
- Built in 1982 | Remodeled in 2017
Lot Details
- 8,701 Sq Ft Lot
- Cul-De-Sac
- Property is zoned R-2
HOA Fees
- $77 Monthly HOA Fees
Home Design
- Rambler Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 1,184 Sq Ft Home
- Property has 1 Level
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Insulated Windows
- Window Screens
- Luxury Vinyl Plank Tile Flooring
- Crawl Space
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Storage Shed
Schools
- Showell Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 1003
- Assessor Parcel Number 2403104737
Community Details
Overview
- Ocean Pines Assoc. HOA, Phone Number (410) 641-7717
- Ocean Pines Sherwood Forest Subdivision
Amenities
- Clubhouse
Recreation
- Boat Ramp
- Pier or Dock
- Marina
- Golf Course Community
- Private Beach Club
- Tennis Courts
- Community Playground
- Fitness Center
- Community Indoor Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
May 31, 2022
Sold by
Fitts Andrew D
Bought by
Mingo Shellie N and Mingo Michael J
Seller's Agent
Nikki Rose
Keller Williams Realty Delmarva
Buyer's Agent
Nancy Kalin
Long & Foster Real Estate, Inc.
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%
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
$47,657
Avg. Annual Appreciation
4.40%
Original Mortgage
$288,000
Outstanding Balance
$274,023
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$93,863
Purchase Details
Listed on
Oct 13, 2017
Closed on
Dec 8, 2017
Sold by
Mlf Properties Llc
Bought by
Fitts Andrew D
Seller's Agent
Erik Windrow
Keller Williams Realty
Buyer's Agent
Deborah Bennington
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$205,900
Sold Price
$208,900
Premium/Discount to List
$3,000
1.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$211,010
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 24, 2016
Closed on
Sep 23, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Mlf Properties Llc
Seller's Agent
David Sweeney
RealHome Services and Solutions, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$118,900
Sold Price
$93,304
Premium/Discount to List
-$25,596
-21.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.34%
Purchase Details
Closed on
Mar 2, 2015
Sold by
Smith Timothy J and Smith Ileana
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Jun 25, 2010
Sold by
Smith Timothy J
Bought by
Smith Timothy J
Purchase Details
Closed on
Nov 4, 2003
Sold by
Decker Kevin E
Bought by
Smith Timothy J and Smith Ileana
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 |
|---|---|---|---|
| Mingo Shellie N | $320,000 | Fidelity National Title | |
| Fitts Andrew D | $208,900 | Capitol Title Ins Agency Inc | |
| Mlf Properties Llc | $93,304 | None Available | |
| Deutsche Bank National Trust Company | $161,000 | None Available | |
| Smith Timothy J | -- | -- | |
| Smith Timothy J | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mingo Shellie N | $288,000 | |
| Previous Owner | Fitts Andrew D | $211,010 | |
| Previous Owner | Smith Timothy J | $10,000 | |
| Previous Owner | Smith Timothy J | $175,000 | |
| Closed | Smith Timothy J | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $320,000 | +7.0% | $270 / Sq Ft |
| 04/14/2022 04/14/22 | For Sale | $299,000 | +43.1% | $253 / Sq Ft |
| 12/08/2017 12/08/17 | Sold | $208,900 | +1.5% | $176 / Sq Ft |
| 10/16/2017 10/16/17 | Pending | -- | -- | -- |
| 10/13/2017 10/13/17 | For Sale | $205,900 | +120.7% | $174 / Sq Ft |
| 10/11/2016 10/11/16 | Sold | $93,304 | -14.3% | $86 / Sq Ft |
| 09/14/2016 09/14/16 | Pending | -- | -- | -- |
| 08/31/2016 08/31/16 | Price Changed | $108,900 | -8.4% | $101 / Sq Ft |
| 08/29/2016 08/29/16 | For Sale | $118,900 | 0.0% | $110 / Sq Ft |
| 08/22/2016 08/22/16 | Pending | -- | -- | -- |
| 08/01/2016 08/01/16 | Price Changed | $118,900 | -8.2% | $110 / Sq Ft |
| 07/05/2016 07/05/16 | Price Changed | $129,500 | -7.2% | $120 / Sq Ft |
| 06/10/2016 06/10/16 | Price Changed | $139,500 | -6.0% | $129 / Sq Ft |
| 05/24/2016 05/24/16 | For Sale | $148,400 | -- | $137 / 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 | $2,455 | $280,800 | $0 | $0 |
| 2024 | $2,455 | $257,700 | $88,700 | $169,000 |
| 2023 | $2,272 | $238,433 | $0 | $0 |
| 2022 | $2,088 | $219,167 | $0 | $0 |
| 2021 | $1,467 | $199,900 | $66,800 | $133,100 |
| 2020 | $1,353 | $178,867 | $0 | $0 |
| 2019 | $1,359 | $157,833 | $0 | $0 |
| 2018 | $1,257 | $136,800 | $61,800 | $75,000 |
| 2017 | $1,219 | $132,767 | $0 | $0 |
| 2016 | -- | $128,733 | $0 | $0 |
| 2015 | -- | $124,700 | $0 | $0 |
| 2014 | $1,213 | $124,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nikki Rose
-
Erik Windrow
Seller Co-Listing Agent in 2022
Erik Windrow
Keller Williams Realty
(410) 430-5333
63 in this area
183 Total Sales
-
Nancy Kalin
N
Buyer's Agent in 2022
Nancy Kalin
Long & Foster
2 in this area
14 Total Sales
-
Megan Foley
Seller Co-Listing Agent in 2017
Megan Foley
Coastal Life Realty Group LLC
(410) 960-7518
24 in this area
73 Total Sales
-
Deborah Bennington
Buyer's Agent in 2017
Deborah Bennington
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 603-8065
137 in this area
185 Total Sales
-
D
Seller's Agent in 2016
David Sweeney
RealHome Services and Solutions, Inc.
Map
Source: Bright MLS
MLS Number: MDWO2007070
APN: 03-104737
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