NOT LISTED FOR SALE

78 Watertown Rd Berlin, MD 21811

Estimated Value: $571,432 - $711,000

3 Beds
2.5 Baths
1,878 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $440,000 $234 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,681/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Bonus Room
  • Showell Elementary School Rated A-
  • Transitional Architecture
  • 4-minute walk to Bridgewater Park

About This Home

As of November 2019

This is a rare opportunity to own a home in one of the best locations in Ocean Pines. Sitting right on peaceful and secluded Manklin Creek with direct bay access and spectacular sunrise, sunset and marsh views. Deep water dock with fish-cleaning station. First-floor waterfront Master with ensuite bath and walk-in closet. Beautiful sunroom with fireplace. Large screened porch. Eat-in kitchen. Second floor waterfront balcony. Finished bonus room with skylight over the 2-car garage. This house is a blank canvas waiting for you to customize to your taste. Being sold as is and priced to sell. This one won't last long!

Last Agent to Sell the Property

Traci Kerrigan

(410) 641-5000 traci@shamrockrealty.com ERA Martin Associates, Shamrock Division Listed on: 06/10/2019

Last Buyer's Agent

Bethany Drew

(410) 430-2602 bethany@po2team.com Hileman Real Estate-Berlin License #RS0015490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1997

Lot Details

  • 6,250 Sq Ft Lot
  • Home fronts navigable water
  • North Facing Home
  • Property is zoned R-3

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • Property has 2 Levels
  • Bonus Room
  • Crawl Space

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay

Schools

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

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 03-048209

Community Details

Overview

  • Ocean Pines Association, Phone Number (410) 641-7717
  • Ocean Pines Nantucket Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,282

Year Built

Built in 1997

Lot Details

0

HOA Fees

$121 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-06-10
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Remarks Public: This is a rare opportunity to own a home in one of the best locations in Ocean Pines. Sitting right on peaceful and secluded Manklin Creek with direct bay access and spectacular sunrise, sunset and marsh views. Deep water dock with fish-cleaning station. First-floor waterfront Master with ensuite bath and walk-in closet. Beautiful sunroom with fireplace. Large screened porch. Eat-in kitchen. Second floor waterfront balcony. Finished bonus room with skylight over the 2-car garage. This house is a blank canvas waiting for you to customize to your taste. Being sold as is and priced to sell. This one won't last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Bonus Room
  • Basement: No
  • Total Sq Ft: 1878
  • Living Area Sq Ft: 1878
  • Price Per Sq Ft: 239.08
  • Above Grade Finished Sq Ft: 1878
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 78

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: Manklin Creek
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1451.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 4106417717
  • 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: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5381948
  • Tax Annual Amount: 3282.00
  • Assessor Parcel Number: 03-048209
  • Tax Lot: 47
  • Tax Total Finished Sq Ft: 1878
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 11/22/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Nov 22, 2019
Sold by
Jacobs Timothy S and Richard A Jacobs Revocable Tru
Bought by
Graham Matthew E and Graham Lauren M
Seller's Agent
Traci Kerrigan
ERA Martin Associates, Shamrock Division
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$621,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,358
Avg. Annual Appreciation
6.00%
Original Mortgage
$396,000
Outstanding Balance
$347,680
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$273,678

Purchase Details

Closed on
Jun 6, 2017
Sold by
Jacobs Richard A
Bought by
Jacobs Richard A

Purchase Details

Closed on
Oct 9, 1996
Sold by
Danielson Danischewski Ruth
Bought by
Jacobs Richard A and Jacobs Marieta A
Source: Public Records

Range of Values:

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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
Graham Matthew E $440,000 Maryland Title Services
Jacobs Richard A -- None Available
Jacobs Richard A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Matthew E $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $440,000 -2.0% $234 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $449,000 0.0% $239 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $449,000 -2.2% $239 / Sq Ft
09/03/2019 09/03/19 For Sale $459,000 +4.3% $244 / Sq Ft
06/19/2019 06/19/19 Off Market $440,000 -- --
06/19/2019 06/19/19 For Sale $459,000 0.0% $244 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $459,000 -- $244 / 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 $3,625 $408,900 $0 $0
2024 $3,617 $383,500 $175,900 $207,600
2023 $3,511 $371,333 $0 $0
2022 $3,407 $359,167 $0 $0
2021 $3,321 $347,000 $175,600 $171,400
2020 $3,282 $342,967 $0 $0
2019 $3,244 $338,933 $0 $0
2018 $3,143 $334,900 $198,600 $136,300
2017 $3,085 $330,333 $0 $0
2016 $3,085 $325,767 $0 $0
2015 $2,393 $321,200 $0 $0
2014 $2,393 $321,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO106802

Bright MLS

APN: 03-048209