NOT LISTED FOR SALE

Estimated Value: $613,000 - $672,000

4 Beds
2.5 Baths
2,500 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $529,000 $212 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,920/month

63 Days on Market

Highlights

  • View of Trees or Woods
  • 0.4 Acre Lot
  • Vaulted Ceiling
  • Ocean City Elementary School Rated A
  • Deck
  • Rambler Architecture

About This Home

As of March 2022

The prestigious “Ocean Reef” Neighborhood is conveniently located near shops and restaurants, offering fine dining, inviting outdoor bars, Nearby, several golf courses, world-renowned marinas, and minutes from Ocean City, Md.’s beautiful white sandy beaches, and old-fashioned boardwalk. An 8-minute drive to Maryland’s crown jewel (Assateague Island National Sea Shore), where the famous wild horses roam freely. Historic Berlin (America’s Coolest Small Town) is also minutes away. Ocean Reef Community offers optional pool membership. The membership fee is $285.00 annually.
This beautiful, well-maintained custom-built home by Piney Island Builders and the premiere year-round community is one of the finest in the area. The lovely four-bedroom home includes a storage room with a separate full staircase and a window over the oversized two-car garage. The traditional home is all on one floor. Perfect for a family or not too big for a couple. Hardwood, in main living areas, formal dining room, study, or library. This four-bedroom house has a great floor plan. The first-floor master bedroom is on the far end of the house, with an en-suite master bath, a Jacuzzi tub, and a fabulous custom walk-in closet with built-ins. The welcoming living room offers soaring ceilings, overlooking the beautiful deck and serene woods that will not be developed. Enjoy the wildlife that comes up to visit you; nature abounds, Wild Turkey, Deer, Squirrels, Rabbit, Fox, and Birds of all species adorn the trees. The home has a breakfast nook in addition to the lovely large-sized dining room to enjoy large family gatherings during the holidays. Many extras in this home: large closets, plantation shutters, custom blinds, an irrigation system, Gutter Helmet, and a fenced yard. This home is warm and welcoming.

Last Agent to Sell the Property

Milko LeCates Group

Holiday Real Estate License #675071 Listed on: 11/18/2021

Last Buyer's Agent

William Bjorkland

Coldwell Banker Realty License #RS-0023035

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 2002

Lot Details

  • 0.4 Acre Lot
  • Vinyl Fence
  • Decorative Fence
  • Landscaped
  • Extensive Hardscape
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R-5

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Views of Woods
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Humidifier
  • Vented Exhaust Fan
  • Water Treatment System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 442
  • Assessor Parcel Number 2410373808

Community Details

Overview

  • Ocean Reef HOA
  • Built by Piney Island Builders
  • Ocean Reef Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,572

Year Built

Built in 2002

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-19
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: The prestigious “Ocean Reef” Neighborhood is conveniently located near shops and restaurants, offering fine dining, inviting outdoor bars, Nearby, several golf courses, world-renowned marinas, and minutes from Ocean City, Md.’s beautiful white sandy beaches, and old-fashioned boardwalk. An 8-minute drive to Maryland’s crown jewel (Assateague Island National Sea Shore), where the famous wild horses roam freely. Historic Berlin (America’s Coolest Small Town) is also minutes away. Ocean Reef Community offers optional pool membership. The membership fee is $285.00 annually. This beautiful, well-maintained custom-built home by Piney Island Builders and the premiere year-round community is one of the finest in the area. The lovely four-bedroom home includes a storage room with a separate full staircase and a window over the oversized two-car garage. The traditional home is all on one floor. Perfect for a family or not too big for a couple. Hardwood, in main living areas, formal dining room, study, or library. This four-bedroom house has a great floor plan. The first-floor master bedroom is on the far end of the house, with an en-suite master bath, a Jacuzzi tub, and a fabulous custom walk-in closet with built-ins. The welcoming living room offers soaring ceilings, overlooking the beautiful deck and serene woods that will not be developed. Enjoy the wildlife that comes up to visit you; nature abounds, Wild Turkey, Deer, Squirrels, Rabbit, Fox, and Birds of all species adorn the trees. The home has a breakfast nook in addition to the lovely large-sized dining room to enjoy large family gatherings during the holidays. Many extras in this home: large closets, plantation shutters, custom blinds, an irrigation system, Gutter Helmet, and a fenced yard. This home is warm and welcoming.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Exhaust Fan, Humidifier, Icemaker, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Partially Carpeted, Wood, Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Carpet, Entry Level Bedroom, Walk-In Closet(s), Water Treat System, Whirlpool/Hottub, Window Treatments, Combination Kitchen/Dining, Dining Area, Formal/Separate Dining Room, Primary Bath(s), Recessed Lighting, Skylight(s), Wood Floors
  • Window Features: Screens, Skylights
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Breakfast Room, Study, Great Room, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 211.60
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9408

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Extensive Hardscape
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 630.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OCEAN REEF
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Decorative, Vinyl
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Landscaping, Front Yard, Rear Yard
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17620.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R-5
  • In City Limits: No

Building Info

  • Builder Name: Piney Island Builders

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5428150
  • Tax Annual Amount: 3572.00
  • Assessor Parcel Number: 2410373808
  • Tax Lot: 442
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/31/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 31, 2022
Sold by
Paul Mulkay Iii David
Bought by
Getz Catherine Irene and Getz Charles R
Seller's Agent
Milko LeCates Group
Holiday Real Estate
Buyer's Agent
William Bjorkland
Coldwell Banker Realty
List Price
$559,900
Sold Price
$529,000
Premium/Discount to List
-$30,900
-5.52%
Current Estimated Value
$637,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,830
Avg. Annual Appreciation
6.22%
Original Mortgage
$409,000
Outstanding Balance
$386,447
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$261,408

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 26, 2019
Sold by
Kuessner Robert and Kuessner Sharon M
Bought by
Mulkay David Paul and Mulkay Kim Thomas
Seller's Agent
Erik Windrow
Keller Williams Realty
Buyer's Agent
Patricia Baglieri
Long & Foster Real Estate, Inc.
List Price
$419,500
Sold Price
$422,000
Premium/Discount to List
$2,500
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$379,800
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2000
Sold by
Ocean Reef Inc
Bought by
Kuessner Robert and Kuessner Sharon M
Source: Public Records

Range of Values:

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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
Getz Catherine Irene $529,000 None Listed On Document
Mulkay David Paul $422,000 Real Estate Title & Escrow
Kuessner Robert $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getz Catherine Irene $409,000
Previous Owner Mulkay Kim Thomas $375,000
Previous Owner Mulkay David Paul $379,800
Closed Kuessner Robert --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $529,000 0.0% $212 / Sq Ft
01/06/2022 01/06/22 Price Changed $529,000 -3.8% $212 / Sq Ft
12/03/2021 12/03/21 Price Changed $549,900 -1.8% $220 / Sq Ft
11/18/2021 11/18/21 For Sale $559,900 +32.7% $224 / Sq Ft
08/26/2019 08/26/19 Sold $422,000 +0.6% $185 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $419,500 -- $184 / 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 $4,503 $507,600 $123,800 $383,800
2024 $4,503 $472,600 $0 $0
2023 $4,169 $437,600 $0 $0
2022 $3,836 $402,600 $98,200 $304,400
2021 $3,759 $392,800 $0 $0
2020 $3,376 $383,000 $0 $0
2019 $3,391 $373,200 $113,200 $260,000
2018 $3,193 $356,133 $0 $0
2017 $3,049 $339,067 $0 $0
2016 $3,049 $322,000 $0 $0
2015 $2,614 $322,000 $0 $0
2014 $2,614 $322,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2003574

Bright MLS

APN: 10-373808