NOT LISTED FOR SALE

9601 Indian Trail West Ocean City, MD 21811

West Ocean City Neighborhood

Estimated Value: $949,000 - $1,203,000

0.78 Acre
$1,368,301 Price per Acre
33,977 Sq Ft Lot

Last Sold January 19, 2022

Last sale price $235,000

Est. 354% increase in value since last sale

Current estimated payment $6,264/month

157 Days on Market

Highlights

  • 0.78 Acre Lot
  • Ocean City Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of January 2022

Last available buildable lot in Ocean Reef with some wetland and bay views. Large lot 34,039 sq. ft. Ocean Reef is a residential neighborhood located in the West Ocean City area off of Airport Road. Owner will consider all reasonable offers.

Last Agent to Sell the Property

Monica McNamara

(410) 524-6111 monicac@ocean-citysales.com Coldwell Banker Realty Listed on: 06/29/2021

Coldwell Banker Realty

Last Buyer's Agent

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256

Atlantic Shores Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,067

Lot Details

  • 0.78 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-5

HOA Fees

  • $54 Monthly HOA Fees

Location

  • Flood Risk

Community Details

  • Association fees include common area maintenance
  • Ocean Reef Homeowner's Association
  • Ocean Reef Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 10-373476

Property Details

Property Type

Land

Est. Annual Taxes

$1,067

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.78

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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 650.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: OCEAN REEF HOMEOWNER'S ASSOCIATION
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.78
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34039.00
  • Zoning: R-5
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1067.00
  • Assessor Parcel Number: 10-373476
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jan 19, 2022
Sold by
Peggy Werner
Bought by
Schum Scott and Schum Constance C
Seller's Agent
Monica McNamara
Coldwell Banker Realty
Buyer's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%
Current Estimated Value
$1,067,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,275
Avg. Annual Appreciation
45.98%

Purchase Details

Closed on
Dec 26, 2006
Sold by
Ocean Exchange Xxx Llc
Bought by
Lois Werner Joseph and Werner Peggy

Purchase Details

Closed on
May 27, 2005
Sold by
Patrick Mcateer
Bought by
Werner Joseph L and Werner Peggy D

Purchase Details

Closed on
May 23, 2000
Sold by
Ocean Reef Inc
Bought by
Mcateer Patrick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Schum Scott $235,000 First American Title
Lois Werner Joseph -- --
Werner Joseph L $325,000 --
Mcateer Patrick $174,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcateer Patrick --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $235,000 -11.3% --
10/06/2021 10/06/21 Price Changed $264,900 -5.4% --
08/21/2021 08/21/21 Price Changed $279,900 -6.7% --
06/29/2021 06/29/21 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 $8,208 $982,900 $247,700 $735,200
2024 $1,839 $856,400 $0 $0
2023 $1,450 $152,233 $0 $0
2022 $1,062 $111,500 $111,500 $0
2021 $1,067 $111,500 $111,500 $0
2020 $1,224 $111,500 $111,500 $0
2019 $1,230 $128,500 $128,500 $0
2018 $1,167 $123,800 $0 $0
2017 $1,083 $119,100 $0 $0
2016 -- $114,400 $0 $0
2015 $1,138 $114,400 $0 $0
2014 $1,138 $114,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica McNamara

    Seller's Agent in 2022

    Monica McNamara

    Coldwell Banker Realty

    (410) 524-6111

    4 in this area

    72 Total Sales

    Monica McNamara
    Section Image
  • Ryan Haley

    Buyer's Agent in 2022

    Ryan Haley

    Atlantic Shores Sotheby's International Realty

    (443) 880-8078

    15 in this area

    364 Total Sales

    Ryan Haley
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2000320

Bright MLS

APN: 10-373476

Maryland Worcester County West Ocean City 21811 West Ocean City

9601 Indian Trail, West Ocean City, MD

Not Listed for Sale

Lots

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