NOT LISTED FOR SALE

9423 Lake View Dr Berlin, MD 21811

West Ocean City Neighborhood

Estimated Value: $525,000 - $737,000

3 Beds
2.5 Baths
2,288 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $405,000 $177 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,648/month

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Ocean City Elementary School Rated A
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of December 2017

Beautiful Cape Cod with large front porch nestled on a lovely lot in Ocean Reef. This home has 3 bedrooms, one of which is a first floor Master Bedrom and 2.5 baths, a beautiful living room with cathedral ceilings and a gas fireplace. There is a great gourmet kitchen and breakfast nook and a very large rear deck. Dual zone heat and AC. There is also a 2 car garage with a finished heated and air conditioned room above it. Ocean Reef is a fabulous location very near marinas, golf courses, Assateague Island, shopping and great restaurants! Come see what this beautiful community has to offer!

Last Agent to Sell the Property

Katherine Wright Payne

(410) 726-7808 katherinegwright@aol.com Coastal Life Realty Group LLC License #67270 Listed on: 10/24/2017

Last Buyer's Agent

Kimberly Lucido-McCabe

(443) 497-0438 yourislandrealtor@comcast.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Sprinkler System
  • Cleared Lot
  • Zoning described as R5

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,288 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Storage In Attic

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Ocean Reef Association
  • Ocean Reef Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 373654

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,805

Year Built

Built in 2003

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Fire Pit
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Remarks Public: Beautiful Cape Cod with large front porch nestled on a lovely lot in Ocean Reef. This home has 3 bedrooms, one of which is a first floor Master Bedrom and 2.5 baths, a beautiful living room with cathedral ceilings and a gas fireplace. There is a great gourmet kitchen and breakfast nook and a very large rear deck. Dual zone heat and AC. There is also a 2 car garage with a finished heated and air conditioned room above it. Ocean Reef is a fabulous location very near marinas, golf courses, Assateague Island, shopping and great restaurants! Come see what this beautiful community has to offer!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Icemaker, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Crown Moldings, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2288
  • Living Area Sq Ft: 2288
  • Price Per Sq Ft: 181.38
  • Above Grade Finished Sq Ft: 2288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9423

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Off Street
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 630.00
  • HOA Fee Frequency: Annually
  • HOA Name: OCEAN REEF ASSOCIATION
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Balcony, Deck(s), Wrap Around
  • Zoning Description: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5428136
  • Assessor Parcel Number: 373654
  • Tax Lot: 52
  • County Tax Payment Frequency: Annually
  • Close Date: 12/15/2017

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 15, 2017
Sold by
Elam Myrna Emily
Bought by
Waltz Philip A and Waltz Stephanie J
Seller's Agent
Katherine Wright Payne
Coastal Life Realty Group LLC
Buyer's Agent
Kimberly Lucido-McCabe
Keller Williams Realty Delmarva
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$618,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,431
Avg. Annual Appreciation
5.84%
Original Mortgage
$173,000
Outstanding Balance
$99,326
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$530,737

Purchase Details

Closed on
Dec 18, 2003
Sold by
Gray Heron Llc
Bought by
Patrick Elam James and Elam Myrna Emily

Purchase Details

Closed on
Jun 28, 2002
Sold by
Walter Robert and Walter Charlotte
Bought by
Gary Heron Llc

Purchase Details

Closed on
Sep 1, 1999
Sold by
Ocean Reef Inc
Bought by
Walter Robert
Source: Public Records

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
Waltz Philip A $405,000 Maryland Title Service Corp
Patrick Elam James $425,000 --
Gary Heron Llc $68,250 --
Walter Robert $404,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Walter Robert --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $405,000 -2.4% $177 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $415,000 -- $181 / 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 $3,805 $496,300 $121,200 $375,100
2024 $3,805 $454,300 $0 $0
2023 $3,663 $412,300 $0 $0
2022 $3,528 $370,300 $98,000 $272,300
2021 $3,461 $361,667 $0 $0
2020 $3,379 $353,033 $0 $0
2019 $3,296 $344,400 $113,000 $231,400
2018 $3,215 $341,600 $0 $0
2017 $3,208 $338,800 $0 $0
2016 $3,182 $336,000 $0 $0
2015 $503 $336,000 $0 $0
2014 $503 $336,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Wright Payne

    Seller's Agent in 2017

    Katherine Wright Payne

    Coastal Life Realty Group LLC

    (410) 726-7808

    3 in this area

    14 Total Sales

    Katherine Wright Payne
    Section Image
  • Kimberly Lucido-McCabe

    Buyer's Agent in 2017

    Kimberly Lucido-McCabe

    Keller Williams Realty Delmarva

    (443) 497-0438

    1 in this area

    65 Total Sales

    Kimberly Lucido-McCabe
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000518472

Bright MLS

APN: 10-373654

Maryland Worcester County Berlin 21811 West Ocean City

9423 Lake View Dr, Berlin, MD

This home is located at 9423 Lake View Dr, Berlin, MD 21811 since 24 October 2017 and is currently estimated at $618,431, approximately $270 per square foot. This property was built in 2003. 9423 Lake View Dr is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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