NOT LISTED FOR SALE

87 Spindrift Ln Ocean Pines, MD 21811

Estimated Value: $215,000 - $227,000

3 Beds
1 Bath
748 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $210,000 $281 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,440/month

20 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Canoe or Kayak Water Access
  • Showell Elementary School Rated A-
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of September 2023

REDUCED!! BRING THE BOAT! Unbelievable opportunity to own this 3-bedroom beach cottage in the water-oriented amenity packed community of White Horse Park just about 10 minutes to the Ocean City Beaches This is not a ground rent property! This is a fee simple deeded lot with a rare 3-bedroom cottage that is furnished, tastefully decorated, modern, and comfortable with room for the whole family or you and your guests! Concerned with only one bath? Don't be. There is a bath house and showers less than a one-minute walk away!! Pool is also very close! This is a must see and you need to act fast or this one will be gone. The current owners have taken excellent care of this home. White Horse Park is just adjacent to Ocean Pines and is a waterfront community with a private marina, boat ramp, boat storage, boat slips, boat storage, jet ski slips and kayak and canoe racks. If you're a boater or just want to be one this is the nicest and most affordable place in the whole area. White Horse Park is also a gated community with 24-hour security, a very nice outdoor pool, basketball court, playground for the kids, a free bike loaner program. Many area attractions just minutes away! Casino, golf courses, beaches, Assateaque Island National Seashore, shopping, restaurants and night life. You will not find a 3-bedroom cottage anywhere in the beach area, with a deeded lot with all these amenities at this price. Like I said need to hurry. Call today and make your showing appointment. You must enter the park with a realtor. White Horse Park is open 365 days year round but there are off season use restrictions, ( # of days you can occupy). Call listing agent for details and to set up a private showing.

Last Agent to Sell the Property

Billy Barr

Keller Williams Realty Delmarva Listed on: 07/26/2023

Keller Williams Realty Delmarva

Last Buyer's Agent

Katherine Deckenback

Keller Williams Realty Delmarva License #669114

Keller Williams Realty Delmarva

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 2006

Lot Details

  • 2,000 Sq Ft Lot
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 748 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Living
  • Laminate Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Personal Watercraft
  • Limit On Boat Length
  • Powered Boats Permitted
  • Lake Privileges
  • Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 2403118193

Community Details

Overview

  • Association fees include cable TV, common area maintenance, custodial services maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, security gate, snow removal, trash
  • $35 Other Monthly Fees
  • White Horse Park Community Association. HOA
  • White Horse Park I Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Community Center
  • Party Room
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • 65 Community Docks
  • Marina
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,223

Year Built

Built in 2006

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Manufactured
  • Architectural Style: Cottage, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: See exclusion list in disclosures.
  • Inclusions: Most Furnature.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Water Heater, Washer/Dryer Stacked, Refrigerator
  • Flooring Type: Laminate Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Tub Shower, Window Treatments
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 748
  • Living Area Sq Ft: 748
  • Price Per Sq Ft: 280.75
  • Above Grade Finished Sq Ft: 748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 87

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Modular/Manufactured, Vinyl Siding
  • Roof: Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Boat - Length Limit, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Saint Martins River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements, Stone Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 49
  • Water Previous Twelve Months: 588.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 116.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Boat Dock/Slip, Boat Ramp, Cable, Common Grounds, Community Center, Gated Community, Laundry Facilities, Marina/Marina Club, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Security, Swimming Pool, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA Name: WHITE HORSE PARK COMMUNITY ASSOCIATION.
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 207.89
  • Other Fees Frequency: Semi-Annually

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: A-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1223.00
  • Assessor Parcel Number: 2403118193
  • Tax Lot: 87
  • Tax Total Finished Sq Ft: 748
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Nov 13, 2020
Sold by
Atwater Joseph E
Bought by
Claar Virginia D and Rites Donald L
Seller's Agent
Brenda Archer-Nichols
Keller Williams Realty Delmarva
Buyer's Agent
Larry Holdren Sr.
Larry Holdren Real Estate Inc
List Price
$141,000
Sold Price
$139,000
Premium/Discount to List
-$2,000
-1.42%
Current Estimated Value
$222,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,538
Avg. Annual Appreciation
10.27%
Original Mortgage
$89,000
Outstanding Balance
$79,558
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$141,120

Purchase Details

Closed on
Dec 16, 2005
Sold by
Atwater Donald E and Atwater Josephine V
Bought by
Atwater Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,700
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2005
Sold by
Atwater Donald E and Atwater Josephine V
Bought by
Atwater Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,700
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 1997
Sold by
Bland Charles L and Bland Mary A
Bought by
Atwater Donald E and Atwater Josephine V

Purchase Details

Closed on
May 4, 1987
Sold by
O'Dell Emerson J and O'Dell Nancy C
Bought by
Bland Charles L and Bland Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,880
Interest Rate
10.47%
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
Claar Virginia D $139,000 None Available
Atwater Joseph E $85,000 --
Atwater Joseph E $85,000 --
Atwater Donald E $31,500 --
Bland Charles L $16,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claar Virginia D $89,000
Previous Owner Atwater Joseph E $160,700
Previous Owner Atwater Joseph E $160,700
Previous Owner Bland Charles L $24,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $210,000 0.0% $281 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $210,000 -8.7% $281 / Sq Ft
07/26/2023 07/26/23 For Sale $230,000 +65.5% $307 / Sq Ft
11/20/2020 11/20/20 Sold $139,000 -1.4% $186 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $141,000 0.0% $189 / Sq Ft
08/24/2020 08/24/20 For Sale $141,000 +1.4% $189 / Sq Ft
08/13/2020 08/13/20 Off Market $139,000 -- --
08/07/2020 08/07/20 For Sale $136,900 0.0% $183 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $136,900 0.0% $183 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $136,900 -- $183 / 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 $1,255 $155,433 $0 $0
2024 $1,255 $131,700 $63,000 $68,700
2023 $1,236 $129,767 $0 $0
2022 $1,218 $127,833 $0 $0
2021 $1,205 $125,900 $63,000 $62,900
2020 $1,191 $124,500 $0 $0
2019 $1,173 $123,100 $0 $0
2018 $1,147 $121,700 $63,000 $58,700
2017 $1,098 $118,800 $0 $0
2016 -- $115,900 $0 $0
2015 $1,237 $113,000 $0 $0
2014 $1,237 $113,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2015360

Bright MLS

APN: 03-118193