Seller's Agent in 2021
Robert Commodari
EXP Realty, LLC
(410) 262-7396
1 in this area
378 Total Sales
98 Spinnaker Ln Ocean Pines, MD 21811
Estimated Value: $185,000 - $217,000
2
Beds
1
Bath
--
Sq Ft
2002
Built
Highlights
- Boat Ramp
- Gated Community
- Carriage House
- Showell Elementary School Rated A-
- Open Floorplan
- Clubhouse
About This Home
As of May 2021Desirable Home in White Horse Park in Berlin, MD * This 2 Bedroom, 1 Full Bath Cottage Home has a large Eat In Kitchen with a beautiful Bay Window and spacious living room * This home has vaulted ceilings throughout and private washer/dryer * Home has had many upgrades including a concrete driveway with parking for 2 vehicles, composite decking on stairs * Shed, HVAC replaced and New Roof with architectural shingles less than a year old * This home is ready for you to put your decorating touches on the inside * The best part about White Horse Park are the extensive amenities * This is a gated family friendly vacation home and includes a beautiful inground pool with lifeguard and bathhouses, boat ramp with community pier for fishing and crabbing, boat slips, boat storage, bike racks, kayak storage, laundry facilities, basketball courts, picnic pavilion, playground, extra parking,* HOA fee includes Lawn Care, Pool Maintenance and Fees, Trash Removal from dumpsters, Snow Removal, Maintenance of common grounds, boat dock and pier * Full time guard or manager on site 24 hours a day and water for the unit is included * It is rare that a cottage house becomes available in this development and a must see * Will not last long * Property rents for average of $199 a night on VRBO * Great investment opportunity or family vacation home! **No Ground Rent**
Last Agent to Sell the Property
EXP Realty, LLC License #530212 Listed on: 01/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,189
Year Built
- Built in 2002
HOA Fees
- $148 Monthly HOA Fees
Parking
- Driveway
Home Design
- Carriage House
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Open Floorplan
- Family Room Off Kitchen
- Living Room
- Crawl Space
- Security Gate
Kitchen
- Eat-In Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Stacked Electric Washer and Dryer
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Electric Water Heater
Additional Features
- Shed
- Property is in good condition
Community Details
Overview
- Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, road maintenance, security gate, trash
- White Horse Park I Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Boat Ramp
- Community Playground
- Community Pool
Security
- Security Service
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2021
Closed on
May 7, 2021
Sold by
Musser Laurie Winifred
Bought by
Laing Thomas William and Laing Patrick James
Seller's Agent
Robert Commodari
EXP Realty, LLC
Buyer's Agent
Bethany Drew
Hileman Real Estate-Berlin
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,249
Avg. Annual Appreciation
10.22%
Original Mortgage
$123,750
Outstanding Balance
$103,878
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$104,437
Purchase Details
Closed on
Jun 11, 2002
Sold by
Regent Homes Inc
Bought by
Leslie Musser Dvid and Musser Laurie
Purchase Details
Closed on
Jan 4, 2002
Sold by
Serpe Joseph
Bought by
Regent Homes Inc
Purchase Details
Closed on
Feb 27, 1998
Sold by
Delich Nicholas J and Delich Ingrid
Bought by
Serpe Joseph
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Laing Thomas William | $137,500 | Ocean Investments Title Corp | |
| Leslie Musser Dvid | $86,250 | -- | |
| Regent Homes Inc | $32,500 | -- | |
| Serpe Joseph | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Laing Thomas William | $123,750 | |
| Closed | Serpe Joseph | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $137,500 | -8.3% | -- |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 01/07/2021 01/07/21 | For Sale | $149,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,240 | $153,367 | $0 | $0 |
| 2024 | $1,240 | $130,100 | $63,000 | $67,100 |
| 2023 | $1,221 | $128,133 | $0 | $0 |
| 2022 | $1,202 | $126,167 | $0 | $0 |
| 2021 | $1,189 | $124,200 | $63,000 | $61,200 |
| 2020 | $1,175 | $122,767 | $0 | $0 |
| 2019 | $1,161 | $121,333 | $0 | $0 |
| 2018 | $1,130 | $119,900 | $63,000 | $56,900 |
| 2017 | $1,076 | $116,767 | $0 | $0 |
| 2016 | $1,208 | $113,633 | $0 | $0 |
| 2015 | $1,208 | $110,500 | $0 | $0 |
| 2014 | $1,208 | $110,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Linda Braerman
Monument Sotheby's International Realty
(410) 830-0261
2 in this area
69 Total Sales
-
Buyer's Agent in 2021
Bethany Drew
Hileman Real Estate-Berlin
(410) 430-2602
171 in this area
479 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO119310
APN: 03-118312
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