NOT LISTED FOR SALE

7401 Yacht Club Dr Berlin, MD 21811

Estimated Value: $257,976 - $406,000

2 Beds
2 Baths
1,233 Sq Ft
$494/mo HOA Fee

Last Sold December 13, 2019

Last sale price $246,900 $200 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,423/month

Highlights

  • Marina
  • Boat Ramp
  • Boat or Launch Ramp
  • Showell Elementary School Rated A-
  • Marina View
  • Golf Course Community

About This Home

As of December 2019

Super location for the water lover! Unsurpassed, unobstructed views overlooking the lagoon, marina, bay and OC skyline with spectacular sunrises, nightscapes and fireworks. This smart condo offers the latest nest controls with temperature, hue lighting options, security and music! All this from your phone or just tell Alexa while at home. First Floor location, oversized doors to master bedroom and step in shower provide easy access into and throughout the unit. This large open floor plan 2BD, 2 Full Bath unit with waterfront living room and 3 season room is fully furnished, tastefully decorated and move in ready and is the perfect year-round home or beach getaway! Conveniently located just steps from 2 swimming pools, marina, boat docks, boat ramp and the Yacht Club with casual or fine dining, and entertainment. Amenities of this well-maintained building include: elevator and storage lockers. Condo fees include both hazard & flood insurance, trash, common area and building exterior maintenance, pest control and landscaping. Ocean Pines community amenities include: numerous outdoor and indoor pools, tennis, golf, parks, club house, weekly Farmers Market, private ocean front beach club with parking located at 48th St. in Ocean City and much more. Boat slips available at full-service marina with fuel dock.

Last Agent to Sell the Property

Eric I. Green

(410) 524-1203 eginoc@gmail.com Coldwell Banker Realty Listed on: 07/22/2019

Coldwell Banker Realty

Last Buyer's Agent

J.D. Wells

(443) 397-0024 john.wells@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023662

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 1997

Lot Details

  • Home fronts a lagoon or estuary
  • Home fronts navigable water
  • Property is in good condition

HOA Fees

Property Views

  • Marina
  • Bay

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,233 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Off-Site Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a lagoon
  • Boat or Launch Ramp
  • Enclosed Patio or Porch

Schools

  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Municipal Trash

Additional Features

  • Doors are 32 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 03-142078

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance
  • Ocean Pin HOA
  • Low-Rise Condominium
  • Marina Village Pink Condos
  • Marina Village Pink Community
  • Ocean Pines Marina Village Subdivision

Amenities

  • Clubhouse
  • 1 Elevator

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,806

Year Built

Built in 1997

Lot Details

0

HOA Fees

$494 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: 2 Paintings, Play Station 4, all kitchen utensils, dishes, small appliances, booze
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Window Features: Insulated
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1233
  • Living Area Sq Ft: 1233
  • Price Per Sq Ft: 206.73
  • Above Grade Finished Sq Ft: 1233
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame
  • Roof: Shingle
  • Spa: No
  • View: Bay, Marina, Water
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 971.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1240.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Marina Village Pink
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach Club, Boat Ramp, Club House, Elevator, Golf Course, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: OCEAN PIN
  • HOA: Yes
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Enclosed
  • Property Condition: Good
  • Zoning: B-2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5390182
  • Tax Annual Amount: 1806.00
  • Assessor Parcel Number: 03-142078
  • Tax Lot: 109
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Federal Flood Zone: X
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Dec 13, 2019
Sold by
Hatmaker Adam D and Hatmaker Shannon M
Bought by
Norris Edward Anthony and Norris Catherine Pohlman
Seller's Agent
Eric I. Green
Coldwell Banker Realty
Buyer's Agent
J.D. Wells
Berkshire Hathaway HomeServices PenFed Realty
List Price
$254,900
Sold Price
$246,900
Premium/Discount to List
-$8,000
-3.14%
Current Estimated Value
$339,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,594
Avg. Annual Appreciation
5.57%
Original Mortgage
$197,520
Outstanding Balance
$174,142
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$165,352

Purchase Details

Closed on
Jun 17, 2016
Sold by
Scherl Edward T and Scherl Teresa L
Bought by
Hatmaker Adam D and Masterson Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Scherl Edward T and Scherl Teresa L
Bought by
Scherl Edward T and Trustees For Life

Purchase Details

Closed on
Nov 8, 2001
Sold by
Zentgraf Mary E
Bought by
Scherl Edward T

Purchase Details

Closed on
Jun 30, 1997
Sold by
Keystone Condos At
Bought by
Zentgraf Mary E
Source: Public Records

Range of Values:

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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
Norris Edward Anthony $246,900 Capital Title Group
Hatmaker Adam D $185,000 Title Resources Guaranty Co
Scherl Edward T -- --
Scherl Edward T $162,500 --
Zentgraf Mary E $109,955 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Edward Anthony $197,520
Previous Owner Hatmaker Adam D $148,000
Closed Scherl Edward T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $246,900 -3.1% $200 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $254,900 -- $207 / 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 $1,820 $197,200 $98,600 $98,600
2024 $1,879 $197,200 $98,600 $98,600
2023 $1,879 $197,200 $98,600 $98,600
2022 $1,879 $197,200 $98,600 $98,600
2021 $1,887 $197,200 $98,600 $98,600
2020 $1,856 $193,933 $0 $0
2019 $1,817 $190,667 $0 $0
2018 $1,767 $187,400 $93,700 $93,700
2017 $1,696 $183,267 $0 $0
2016 -- $179,133 $0 $0
2015 $1,766 $175,000 $0 $0
2014 $1,766 $175,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eric I. Green

    Coldwell Banker Realty

    Section Image
  • J.D. Wells

    Buyer's Agent in 2019

    J.D. Wells

    BHHS PenFed (actual)

    (443) 397-0024

    8 in this area

    66 Total Sales

    J.D. Wells
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO107914

Bright MLS

APN: 03-142078

Maryland Worcester County Berlin 21811

7401 Yacht Club Dr, Berlin, MD

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