NOT LISTED FOR SALE

98 Teal Cir Berlin, MD 21811

Estimated Value: $310,000 - $403,000

3 Beds
2 Baths
1,200 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $145,000 $121 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,059/month

4 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Golf Course Community
  • Showell Elementary School Rated A-
  • Water Views
  • Private Beach Club

About This Home

As of September 2017

Opportunity knocking for the right buyer! Cute 1 level 3 bedroom and 2 full bath home across from waterfront homes in Teal Bay. Living room plus large Family room provides lots of living space for family and guests. 1 bathroom recently refurbished. Large eat-in kitchen. Attached storage shed on rear deck. Nice front deck also. Currently rent with lease up Sept. 30th for $1100 per month and tenant might want to stay. Structural issues related to pilings under the house and need repair. ! year HMS Home Warranty included.

Last Agent to Sell the Property

Marlene Ott

(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #16892 Listed on: 07/07/2017

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Cynthia Crockett

(410) 208-9200 debbie@hilemanrealestate.com Hileman Real Estate-Berlin License #314208

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 8,358 Sq Ft Lot
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Location

  • Flood Risk

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Tax Lot 31
  • Assessor Parcel Number 052877

Community Details

Overview

  • Ocean Pines Association
  • Ocean Pines Teal Bay Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Tenants furniture
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Storage: Attic
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Foundation Details: Pilings, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 125.00
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding, Modular/Manufactured
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 921.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach Club, Boat Ramp, Club House, Pier/Dock, Golf Course, Pool - Indoor, Marina/Marina Club, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA Name: OCEAN PINES ASSOCIATION
  • HOA: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8358.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: R3

Rental Info

  • Total Actual Rent: 13200.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5382369
  • Assessor Parcel Number: 052877
  • Tax Lot: 31
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Ratz Kenneth M
Bought by
Weidman Richard Dennis and Weidman Colleen Bradley
Current Estimated Value
$349,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Outstanding Balance
$189,540
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$159,973

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 1, 2017
Sold by
Fiscina Properties Llc
Bought by
Ratz Kenneth M and Ratz Lisa
Seller's Agent
Marlene Ott
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Cynthia Crockett
Hileman Real Estate-Berlin
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$116,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2010
Sold by
Fiscina Salvatore F
Bought by
Fiscina Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Weidman Richard Dennis $249,000 None Listed On Document
Ratz Kenneth M $145,000 Resort Land Title & Escrow
Fiscina Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weidman Richard Dennis $199,200
Previous Owner Ratz Kenneth M $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $145,000 -3.3% $121 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/09/2017 07/09/17 For Sale $150,000 -- $125 / Sq Ft
Source: Bright MLS

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 $2,004 $217,133 $0 $0
2024 $1,889 $198,300 $81,200 $117,100
2023 $1,775 $186,333 $0 $0
2022 $1,661 $174,367 $0 $0
2021 $1,554 $162,400 $66,600 $95,800
2020 $1,431 $156,300 $0 $0
2019 $1,437 $150,200 $0 $0
2018 $1,359 $144,100 $61,600 $82,500
2017 $1,161 $133,367 $0 $0
2016 -- $122,633 $0 $0
2015 $1,132 $111,900 $0 $0
2014 $1,132 $111,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000516384

Bright MLS

APN: 03-052877

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