NOT LISTED FOR SALE

Estimated Value: $866,000 - $1,121,000

4 Beds
3.5 Baths
4,020 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $924,900 $230 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,971/month

Highlights

  • New Construction
  • Bay View
  • Open Floorplan
  • Ocean City Elementary School Rated A
  • 0.67 Acre Lot
  • Coastal Architecture

About This Home

As of April 2022

Stunning 4BR/3.5BA new construction home by RBR Homes in West Ocean City in the neighborhood of Ocean Reef hits the market! This home is on a cul-de-sac lot and has been professionally landscaped and has an irrigation system. As you walk through the grand double front doors of this luxurious home you will love the well thought out open floor plan. The family room is spacious and has a gas fireplace for relaxing in the Fall and Winter. The dining area flows to the kitchen and then into the family room. There is a fabulous gourmet kitchen with upgrades, including quartz countertops, stainless steel appliances, custom cabinets, large center island, oversized pantry, and custom lighting and flooring. The first floor also has a spectacular master bedroom suite complete with a custom master bath and walk-in closets fit for a queen and king. The master bath has a custom tiled shower and free standing soaking tub. There is also a half bath and a full-size laundry room on the first floor. On the second floor there are 3 additional bedrooms, 2 baths, a loft area with a second fireplace, and a large balcony. Also on the second floor is an additional finished room that could be used as a home office, play room, home theater, or fifth bedroom. This home has a three car garage and plenty of closet and storage space throughout. The entire home is designed to maximize the utilization of space and take advantage of the lot. Optional pool membership is available with an annual fee of $285.00. This home is approximately 1.5 miles to the Ocean City beach, less than 6 miles to 6 golf courses, 1 mile to the Ocean City airport, 10.5 miles to Assateague Island, 1.5 miles to Sunset Marina, and less than 2 miles to fabulous restaurants and shopping. You and your family and friends are sure to make memories to last a lifetime here. Come take a look today before this incredible home is SOLD! Offered at $924,900.

Last Agent to Sell the Property

Nancy Reither

Coldwell Banker Realty Listed on: 03/25/2022

Coldwell Banker Realty

Last Buyer's Agent

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,124

Lot Details

  • 0.67 Acre Lot
  • Property is in excellent condition
  • Property is zoned R-5

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • Bay
  • Woods

Home Design

  • New Construction
  • Coastal Architecture
  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 4,020 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Loft
  • Bonus Room
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Back Up Gas Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Flood Risk

Community Details

  • Ocean Reef HOA
  • Built by RBR HOMES LLC
  • Ocean Reef Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 2410373506

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,124

Lot Details

0

HOA Fees

$53 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning 4BR/3.5BA new construction home by RBR Homes in West Ocean City in the neighborhood of Ocean Reef hits the market! This home is on a cul-de-sac lot and has been professionally landscaped and has an irrigation system. As you walk through the grand double front doors of this luxurious home you will love the well thought out open floor plan. The family room is spacious and has a gas fireplace for relaxing in the Fall and Winter. The dining area flows to the kitchen and then into the family room. There is a fabulous gourmet kitchen with upgrades, including quartz countertops, stainless steel appliances, custom cabinets, large center island, oversized pantry, and custom lighting and flooring. The first floor also has a spectacular master bedroom suite complete with a custom master bath and walk-in closets fit for a queen and king. The master bath has a custom tiled shower and free standing soaking tub. There is also a half bath and a full-size laundry room on the first floor. On the second floor there are 3 additional bedrooms, 2 baths, a loft area with a second fireplace, and a large balcony. Also on the second floor is an additional finished room that could be used as a home office, play room, home theater, or fifth bedroom. This home has a three car garage and plenty of closet and storage space throughout. The entire home is designed to maximize the utilization of space and take advantage of the lot. Optional pool membership is available with an annual fee of $285.00. This home is approximately 1.5 miles to the Ocean City beach, less than 6 miles to 6 golf courses, 1 mile to the Ocean City airport, 10.5 miles to Assateague Island, 1.5 miles to Sunset Marina, and less than 2 miles to fabulous restaurants and shopping. You and your family and friends are sure to make memories to last a lifetime here. Come take a look today before this incredible home is SOLD! Offered at $924,900.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Cooktop, Energy Efficient Appliances, Oven/Range - Gas, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Built-Ins, Carpet, Combination Kitchen/Dining, Entry Level Bedroom, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Soaking Tub, Walk-In Closet(s)
  • Fireplaces Count: 2
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Loft, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 4020
  • Living Area Sq Ft: 4020
  • Price Per Sq Ft: 230.07
  • Above Grade Finished Sq Ft: 4020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9508

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle, Metal
  • View: Water, Bay, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas, Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private

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
  • School District Key: 121138066543
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.67
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29103.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-5
  • In City Limits: No

Building Info

  • Builder Name: RBR HOMES LLC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5428123
  • Tax Annual Amount: 1124.00
  • Assessor Parcel Number: 2410373506
  • Tax Lot: 43
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/25/2022

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 25, 2022
Sold by
Rbr Homes Llc
Bought by
Good Paul Lawrence and Good Mary Ellen
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$924,900
Sold Price
$924,900
Current Estimated Value
$998,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,865
Avg. Annual Appreciation
2.30%

Purchase Details

Listed on
Jul 3, 2020
Closed on
Feb 3, 2021
Sold by
Harbor Light Drive Llc
Bought by
Rbr Homes Llc
Seller's Agent
Jenny Sheppard
Sheppard Realty Inc
Buyer's Agent
Nancy Reither
Coldwell Banker Residential Brokerage
List Price
$299,900
Sold Price
$140,000
Premium/Discount to List
-$159,900
-53.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
370.01%
Original Mortgage
$450,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2005
Sold by
Aldridge Paul J
Bought by
Harbor Light Drive Llc

Purchase Details

Closed on
Jan 26, 2004
Sold by
Esham William E
Bought by
Aldridge Paul J

Purchase Details

Closed on
Aug 19, 2003
Sold by
Esham William E
Bought by
Esham William E

Purchase Details

Closed on
Aug 25, 1999
Sold by
Ocean Reef Inc
Bought by
Esham William E
Source: Public Records

Range of Values:

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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
Good Paul Lawrence $924,900 Bayview Title
Good Paul Lawrence $924,900 Bayview Title
Rbr Homes Llc $140,000 Mid Atlantic T&E Co Inc
Harbor Light Drive Llc -- --
Aldridge Paul J $250,000 --
Esham William E -- --
Esham William E $54,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rbr Homes Llc $450,000
Previous Owner Harbor Light Drive Llc $200,000
Closed Aldridge Paul J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $924,900 0.0% $230 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $924,900 +560.6% $230 / Sq Ft
02/05/2021 02/05/21 Sold $140,000 -6.6% --
11/06/2020 11/06/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $149,900 -11.8% --
10/19/2020 10/19/20 Price Changed $169,900 -2.9% --
08/19/2020 08/19/20 Price Changed $174,900 -30.0% --
07/31/2020 07/31/20 Price Changed $249,900 -16.7% --
07/03/2020 07/03/20 For Sale $299,900 -- --
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 $6,215 $894,600 $254,100 $640,500
2024 $6,215 $798,033 $0 $0
2023 $5,984 $701,467 $0 $0
2022 $5,763 $604,900 $131,400 $473,500
2021 $1,124 $117,400 $117,400 $0
2020 $1,295 $117,400 $117,400 $0
2019 $1,295 $135,300 $135,300 $0
2018 $1,229 $130,333 $0 $0
2017 $1,140 $125,367 $0 $0
2016 -- $120,400 $0 $0
2015 $1,162 $120,400 $0 $0
2014 $1,162 $120,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO2006280

Bright MLS

APN: 10-373506