NOT LISTED FOR SALE

70 Lookout Point Berlin, MD 21811

Estimated Value: $636,000 - $729,253

3 Beds
2 Baths
1,943 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $487,000 $251 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,176/month

4 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 2 Dock Slips
  • Fishing Allowed
  • Showell Elementary School Rated A-
  • Pier
  • Community Pool

About This Home

As of July 2021

Million dollar view for half the price! Rarely available opportunity to own on the Saint Martin River. Unobstructed river views- nothing can be built across from the home. Unique opportunity to make this home your own! Three bed/ two bath with sunken over-sized living room and open dining room. Two car over-sized grage with room for river toys. Lots of additional storage. Make this unique home your own!

Last Agent to Sell the Property

Rachel Howard

(443) 852-4924 rachlhoward@hotmail.com Home Sales Advantage License #663197 Listed on: 07/03/2021

Last Buyer's Agent

Qin Zheng

(703) 505-5268 qinczheng@gmail.com Fairfax Realty Select

Fairfax Realty Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,486

Year Built

  • Built in 1981

Lot Details

  • 5,000 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R-3

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Split Foyer
  • Pillar, Post or Pier Foundation
  • Piling Construction

Interior Spaces

  • 1,943 Sq Ft Home
  • Property has 1.5 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Composite Material
  • Powered Boats Permitted

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 03-068471

Community Details

Overview

  • Ocean Pines Teal Bay Subdivision

Recreation

  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,486

Year Built

Built in 1981

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Pilings, Crawl Space, Pillar/Post/Pier
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1943
  • Living Area Sq Ft: 1943
  • Price Per Sq Ft: 246.53
  • Above Grade Finished Sq Ft: 1943
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Mixed
  • Water Access Features: Fishing Allowed, Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Saint Martin River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage, Additional Storage Area, Oversized, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1611.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5383782
  • Tax Annual Amount: 4486.00
  • Assessor Parcel Number: 03-068471
  • Tax Lot: 93
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AE-4
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Jul 28, 2021
Sold by
Eva Augustn Homes Llc
Bought by
Rental 888 Homes Llc
Seller's Agent
Rachel Howard
Home Sales Advantage
Buyer's Agent
Qin Zheng
Fairfax Realty Select
List Price
$479,000
Sold Price
$487,000
Premium/Discount to List
$8,000
1.67%
Current Estimated Value
$688,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,563
Avg. Annual Appreciation
8.27%
Original Mortgage
$400,000
Outstanding Balance
$363,887
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,676

Purchase Details

Listed on
Jul 3, 2021
Closed on
Jun 9, 2021
Sold by
Curtis Gary M
Bought by
Eva August Homes Llc
Seller's Agent
Rachel Howard
Home Sales Advantage
Buyer's Agent
Qin Zheng
Fairfax Realty Select
List Price
$479,000
Sold Price
$487,000
Premium/Discount to List
$8,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$363,887
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,676

Purchase Details

Closed on
May 12, 2017
Sold by
Lynch John J and Lynch Erin J
Bought by
Wattay David S and Wattay Lisa Sarch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,720
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2000
Sold by
Warner Richard C
Bought by
Curtis Gary M

Purchase Details

Closed on
Mar 7, 1995
Sold by
Cotter Glenn T and Cotter Rhea M
Bought by
Wagner Richard C and Rescigno Cecelia F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rental 888 Homes Llc $480,000 Cal Settlements Llc
Eva August Homes Llc $380,000 Cal Settlements Llc
Wattay David S $305,000 None Available
Curtis Gary M $220,000 --
Wagner Richard C $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rental 888 Homes Llc $400,000
Previous Owner Wattay David S $289,720
Closed Wagner Richard C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $487,000 0.0% $251 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/07/2021 07/07/21 Off Market $487,000 -- --
07/03/2021 07/03/21 For Sale $479,000 -- $247 / 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 $5,041 $546,233 $0 $0
2024 $4,878 $512,000 $300,000 $212,000
2023 $4,741 $497,600 $0 $0
2022 $4,604 $483,200 $0 $0
2021 $4,486 $468,800 $300,000 $168,800
2020 $4,397 $459,500 $0 $0
2019 $4,308 $450,200 $0 $0
2018 $4,157 $440,900 $300,000 $140,900
2017 $4,032 $433,333 $0 $0
2016 $3,768 $425,767 $0 $0
2015 $3,768 $418,200 $0 $0
2014 $3,768 $418,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2000396

Bright MLS

APN: 03-068471