NOT LISTED FOR SALE

8 Laurel Trail Ocean Pines, MD 21811

Estimated Value: $96,804 - $303,000

0.7 Acre
$221,716 Price per Acre
30,492 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $89,500

Est. 73% increase in value since last sale

Current estimated payment $1,011/month

297 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Private Beach Club
  • Showell Elementary School Rated A-
  • Golf Course Community
  • View of Trees or Woods

About This Lot

As of June 2022

30,678 SQFT Large Wooded Home Site On End Of Cul-De-Sac. Just Waiting For The Home Of Your Choice.

Last Agent to Sell the Property

John Albright

Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 07/20/2021

Berkshire Hathaway HomeServices PenFed Realty - OP

Co-Listed By

John Talbott

Berkshire Hathaway HomeServices PenFed Realty - OP License #16751

Last Buyer's Agent

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $522

Lot Details

  • 0.7 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned R-2

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Stephen Decatur High School

Additional Features

  • Views of Woods
  • Flood Risk

Listing and Financial Details

  • Tax Lot 629
  • Assessor Parcel Number 03-099903

Community Details

Overview

  • $50 Capital Contribution Fee
  • Association fees include reserve funds, snow removal, management
  • Ocean Pines Association, Phone Number (410) 641-7717
  • Ocean Pines Sherwood Forest Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$522

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: 30,678 SQFT Large Wooded Home Site On End Of Cul-De-Sac. Just Waiting For The Home Of Your Choice.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.09
  • Street Number Modifier: 8

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 996.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Snow Removal, Management
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 50.00

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • High School: STEPHEN DECATUR

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.70
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30678.00
  • Possible Use: Residential
  • Year Assessed: 2022
  • Zoning: R-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5386616
  • Tax Annual Amount: 522.00
  • Assessor Parcel Number: 03-099903
  • Tax Lot: 629
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/06/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Bailey Darren R
Bought by
J And S Leasing Llc
Total Days on Market
297
Current Estimated Value
$155,201

Purchase Details

Listed on
Jul 20, 2021
Closed on
Jun 6, 2022
Sold by
Raymond Garbarino William
Bought by
Workman Scott A and Workman Lauran L
Seller's Agent
John Albright
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$94,900
Sold Price
$89,500
Premium/Discount to List
-$5,400
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.55%
Source: Public Records

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Range of Values:

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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
J And S Leasing Llc $108,000 None Listed On Document
Workman Scott A $89,500 Acquest Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $89,500 -5.7% --
05/13/2022 05/13/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $94,900 0.0% --
01/26/2022 01/26/22 Pending -- -- --
07/20/2021 07/20/21 For Sale $94,900 -- --
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
2024 $770 $80,800 $80,800 $0
2023 $686 $72,033 $0 $0
2022 $603 $63,267 $0 $0
2021 $522 $54,500 $54,500 $0
2020 $488 $52,833 $0 $0
2019 $490 $51,167 $0 $0
2018 $467 $49,500 $49,500 $0
2017 $406 $46,167 $0 $0
2016 -- $42,833 $0 $0
2015 $632 $39,500 $0 $0
2014 $632 $39,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2000878

Bright MLS

APN: 03-099903