NOT LISTED FOR SALE

711 Loop Rd Ocean City, MD 21842

Estimated Value: $928,000 - $1,274,000

0.1 Acre
$11,715,630 Price per Acre
4,500 Sq Ft Lot

Last Sold June 09, 2012

Last sale price $275,000 $91 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $7,092/month

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • Ocean City Elementary School Rated A
  • Canal View
  • Tennis Courts

About This Lot

As of June 2012

GREAT BUY !!! Waterfront lot on a wide body of water in the quiet community of Caine Woods. The property offers southern exposure on the waterside. This property is bulkheaded and is just minutes from the open water. Lot size is 50 x 90. Custom build the home of your dreams. There are not many unimproved waterfront properties left.

Last Agent to Sell the Property

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 08/15/2011

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 08/15/2011

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,851

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 50 x 90
  • Home fronts navigable water
  • Cleared Lot

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Additional Features

  • Canal Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 179939

Community Details

Overview

  • No Home Owners Association
  • Caine Woods Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$10,851

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: GREAT BUY !!! Waterfront lot on a wide body of water in the quiet community of Caine Woods. The property offers southern exposure on the waterside. This property is bulkheaded and is just minutes from the open water. Lot size is 50 x 90. Custom build the home of your dreams. There are not many unimproved waterfront properties left.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 66.64
  • Street Number Modifier: 711

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.10
  • Lot Dimensions: 50 x 90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Possible Use: Residential
  • Zoning: R-1
  • Zoning Description: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5412042
  • Assessor Parcel Number: 179939
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Close Date: 06/09/2012

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
Siegel Judith M
Bought by
Siegel Judith M
Current Estimated Value
$1,179,902

Purchase Details

Listed on
Aug 15, 2011
Closed on
Jun 9, 2012
Sold by
Eichelberger Alfred and Eichelberger Anita
Bought by
Siegel Steven B and Siegel Judith M
Seller's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
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
Siegel Judith M -- None Available
Siegel Steven B $275,000 Capitol Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2012 06/09/12 Sold $275,000 -8.3% $91 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
08/15/2011 08/15/11 For Sale $299,900 -- $99 / 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 $10,851 $794,667 $0 $0
2024 $9,976 $714,933 $0 $0
2023 $8,927 $635,200 $285,600 $349,600
2022 $8,860 $630,433 $0 $0
2021 $8,841 $625,667 $0 $0
2020 $8,773 $620,900 $285,600 $335,300
2019 $8,414 $591,433 $0 $0
2018 $7,915 $561,967 $0 $0
2017 $7,522 $532,500 $0 $0
2016 -- $524,633 $0 $0
2015 $3,451 $516,767 $0 $0
2014 $3,451 $508,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Poremski

    Seller's Agent in 2012

    Cindy Poremski

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 430-9988

    22 in this area

    138 Total Sales

    Cindy Poremski
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Map

Source: Bright MLS

MLS Number: 1000860718

Bright MLS

APN: 10-179939

Maryland Worcester County Ocean City 21842

711 Loop Rd, Ocean City, MD

This home is located at 711 Loop Rd, Ocean City, MD 21842 since 15 August 2011 and is currently estimated at $1,171,563, approximately $388 per square foot. 711 Loop Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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