Seller's Agent in 2021
Bob Faith
Dockside Properties
(757) 894-1479
1 in this area
659 Total Sales
8 Gloucester Rd Berlin, MD 21811
Estimated Value: $375,000 - $386,000
3
Beds
2
Baths
1,385
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Main Floor Bedroom
- Community Pool
- Showell Elementary School Rated A-
- 1 Fireplace
- 1 Car Attached Garage
About This Home
As of November 2021Your search for a home stops here. This home is in A+ condition. Original owner. Great layout. From the front door enter the nice living room. This open floor plan flows from the living room, to the dining room, to the kitchen. Utility room off of kitchen. Downstairs also includes the master bedroom and bathroom. Head upstairs for two bedrooms and a full bathroom. Lots of recent upgrades and touch ups. Making this home ready to move in with no work. Sliding door off dining room leads to a modest deck...perfect for grilling or enjoying the wildlife. Located in Ocean Pines which means you can enjoy some of the great amenities. Community Amenities include a pool, boat ramp, golf course, racquet ball, tennis courts, and so much more. Affordable HOA fee. Located on public water & sewer. Just minutes from the Ocean City beaches, Ocean Downs Casino, several restaurants, theaters, and other amenities.
Last Agent to Sell the Property
(757) 894-1479 robertmfaith@outlook.com Dockside Properties Listed on: 09/09/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,013
Year Built
- Built in 1990
Lot Details
- 7,970 Sq Ft Lot
- Property is zoned R-3
HOA Fees
- $83 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- A-Frame Home
- Block Foundation
- Stick Built Home
Interior Spaces
- 1,385 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 1 Fireplace
- Carpet
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
Laundry
- Electric Dryer
- Washer
Schools
- Showell Elementary School
- Berlin Middle School
- Stephen Decatur High School
Utilities
- Heat Pump System
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Listing and Financial Details
- Tax Lot 119
- Assessor Parcel Number 03-048551
Community Details
Overview
- Ocean Pines Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2021
Closed on
Nov 5, 2021
Sold by
Paladino Vincent J and Paladino Renae M
Bought by
Iverson Marianne and Iverson Nathaniel C
Seller's Agent
Bob Faith
Dockside Properties
Buyer's Agent
Joseph Loughran
Long & Foster Real Estate, Inc.
List Price
$319,500
Sold Price
$315,000
Premium/Discount to List
-$4,500
-1.41%
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
$65,504
Avg. Annual Appreciation
5.48%
Original Mortgage
$291,000
Outstanding Balance
$268,123
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$119,730
Purchase Details
Closed on
Sep 13, 1988
Sold by
Dawson Bertie Elmar
Bought by
Paladino Vincent J and Paladino Renae M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,350
Interest Rate
10.53%
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 |
|---|---|---|---|
| Iverson Marianne | $315,000 | Sage Title Group Llc | |
| Paladino Vincent J | $11,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Iverson Marianne | $291,000 | |
| Previous Owner | Paladino Vincent J | $9,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $315,000 | -1.4% | $227 / Sq Ft |
| 09/09/2021 09/09/21 | For Sale | $319,500 | -- | $231 / 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 | $2,316 | $277,433 | $0 | $0 |
| 2024 | $2,316 | $260,300 | $80,900 | $179,400 |
| 2023 | $2,238 | $243,633 | $0 | $0 |
| 2022 | $2,162 | $226,967 | $0 | $0 |
| 2021 | $2,013 | $210,300 | $66,400 | $143,900 |
| 2020 | $1,799 | $199,567 | $0 | $0 |
| 2019 | $1,807 | $188,833 | $0 | $0 |
| 2018 | $1,679 | $178,100 | $61,400 | $116,700 |
| 2017 | $1,480 | $167,167 | $0 | $0 |
| 2016 | -- | $156,233 | $0 | $0 |
| 2015 | $1,494 | $145,300 | $0 | $0 |
| 2014 | $1,494 | $145,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Faith
-
Joseph Loughran
Buyer's Agent in 2021
Joseph Loughran
Long & Foster
(302) 864-3216
1 in this area
95 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2002288
APN: 03-048551
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