NOT LISTED FOR SALE

85 Watertown Rd Ocean Pines, MD 21811

Estimated Value: $447,000 - $566,000

0.21 Acre
$2,436,767 Price per Acre
9,000 Sq Ft Lot

Last Sold November 26, 2018

Last sale price $63,000

Est. 709% increase in value since last sale

Current estimated payment $3,007/month

Highlights

  • Boat Ramp
  • Golf Course Community
  • Wooded Lot
  • Showell Elementary School Rated A-
  • Private Beach Club
  • Community Indoor Pool

About This Lot

As of November 2018

Great wooded, level lot ready for building. Homes across the street are on Manklin Creek. Area of very nice homes. Enjoy all the community of Ocean Pines has to offer including Yacht Club and restaurant, 5 swimming pools(1 enclosed),Robert Trent Jones golfcourse, marina,community center, beach club,skate park, dogpark, community policeand fire departments. Playgrounds and athletic fields.

Last Agent to Sell the Property

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852 Listed on: 07/12/2018

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779

Keller Williams Realty Delmarva

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $546

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60' x 150'
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $79 Monthly HOA Fees

Location

  • Flood Risk

Schools

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

Utilities

  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 416
  • Assessor Parcel Number 03-070883

Community Details

Overview

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

Amenities

  • Picnic Area
  • Community Center
  • Community Library
  • Recreation Room

Recreation

  • Boat Ramp
  • Golf Course Community
  • Golf Course Membership Available
  • Private Beach Club
  • Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool
  • Pool Membership Available
  • Putting Green
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$546

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Great wooded, level lot ready for building. Homes across the street are on Manklin Creek. Area of very nice homes. Enjoy all the community of Ocean Pines has to offer including Yacht Club and restaurant, 5 swimming pools(1 enclosed),Robert Trent Jones golfcourse, marina,community center, beach club,skate park, dogpark, community policeand fire departments. Playgrounds and athletic fields.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 7.77
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 85

Exterior Features

  • Construction Completed: No
  • 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
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Community Center, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Picnic Area, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Racquet Ball, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA Phone: 410-641-7717
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60' x 150'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Possible Use: Residential
  • Year Assessed: 2017
  • Zoning: R-3
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5383999
  • Tax Annual Amount: 546.00
  • Assessor Parcel Number: 03-070883
  • Tax Lot: 416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/26/2018

Multi Family

  • Federal Flood Zone: x

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Insight Building Co Llc
Bought by
Hampe James Michael and Hampe Bonnie Lee
Current Estimated Value
$509,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,776
Outstanding Balance
$209,063
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$302,658

Purchase Details

Listed on
Jul 12, 2018
Closed on
Nov 26, 2018
Sold by
Schwarzmann Leonard P and Schwarzmann Annette M
Bought by
Insight Building Co Llc
Seller's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$69,900
Sold Price
$63,000
Premium/Discount to List
-$6,900
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.29%

Purchase Details

Closed on
Jun 13, 1990
Sold by
Marechek Gary W and Marechek Mary M
Bought by
Schwarzmann Leonard P and Schwarzmann Annette M

Purchase Details

Closed on
Oct 16, 1986
Sold by
Second National Service Corp
Bought by
Marechek Gary W and Marechek Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,646
Interest Rate
9.99%

Purchase Details

Closed on
Jun 18, 1984
Sold by
Mellar Francis John
Bought by
Second National Service Corp
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
Hampe James Michael $316,776 Ocean Investments Title Corp
Insight Building Co Llc $63,000 Ocean Investments Title Corp
Schwarzmann Leonard P $19,500 --
Marechek Gary W $18,500 --
Second National Service Corp $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampe James Michael $237,776
Previous Owner Marechek Gary W $16,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $63,000 -9.9% --
09/17/2018 09/17/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $69,900 -- --
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
2025 $3,075 $347,533 $0 $0
2024 $3,064 $321,600 $73,000 $248,600
2023 $3,018 $316,733 $0 $0
2022 $2,971 $311,867 $0 $0
2021 $2,938 $307,000 $72,000 $235,000
2020 $2,893 $302,300 $0 $0
2019 $555 $58,000 $58,000 $0
2018 $547 $58,000 $58,000 $0
2017 $543 $57,667 $0 $0
2016 -- $57,333 $0 $0
2015 $781 $57,000 $0 $0
2014 $781 $57,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Poremski

    Seller's Agent in 2018

    Cindy Poremski

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 430-9988

    106 in this area

    138 Total Sales

    Cindy Poremski
    Section Image
  • Grant Fritschle

    Buyer's Agent in 2018

    Grant Fritschle

    Keller Williams Realty Delmarva

    (410) 430-5880

    37 in this area

    336 Total Sales

    Grant Fritschle
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002000232

Bright MLS

APN: 03-070883

Maryland Worcester County Ocean Pines 21811

85 Watertown Rd, Ocean Pines, MD

This home is located at 85 Watertown Rd, Ocean Pines, MD 21811 since 12 July 2018 and is currently estimated at $511,721. 85 Watertown Rd is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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