When was property at 1612 Mercers Way built and last sold?

The property at 1612 Mercers Way was built in 2012 and last sold on Jun 19, 2020 for $424,000.

How much is this home worth?

The estimated value of the home located at 1612 Mercers Way is $450,340.

What are some comparable homes to 1612 Mercers Way?

There are currently no comparable homes to 1612 Mercers Way.

Ocean Pines

21811

1612 MERCERS

Sold on Jun 19, 2020

Map

$424,000

● House - Off Market

1612 MERCERS

OCEAN PINES, MD 21811

4 Beds

2 Baths, 1 Half Bath

2,400 Ft²

$608,497

RealtyHop Estimate

40.21%

Since Jul 1, 2020

National-US

Primary Model

About This Property

Owner is licensed Real Estate Agent in DE and MD. Home is located on a large premium corner lot. Treed lot to left of the front of the home is part of this property as well. Stunning, one of a kind, Piney Island custom built home in the popular community of Colonial Village in Ocean Pines. Only 8 years old. One level living, 4 Bedrooms (bedroom or bonus room and bathroom located on second level), 2.5 baths, open floor plan, front porch and screened back porch (both with Trex decking), inside features hardwood and ceramic tile flooring, Granite counters, large Granite center island in kitchen, gas fireplace, beautiful plantation shutters, plenty of closet and storage space, 2 car attached garage with additional storage area, brick pavers in driveway, walkway and back patio, walking distance to Bay, Marina and Yacht Club. Call Owner for additional information (Stephanie Bray )

Unit Size

2,400 Ft²

Days on Market

Land Size

0.31 acres

Price per sqft

$181

Property Type

House

Property Taxes

$279

HOA Dues

$82

Year Built

2012

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Bright MLS #MDWO111252)

Price History

Date / Event	Date	Event
Jul 1, 2020	Sold	Premium
Sold
May 9, 2020	Listed by Berkshire Hathaway HomeServices PenFed Realty	$434,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Jun 21, 2011	Sold	Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 2012

Effective Year Built: 2012
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 9
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Garage Square Area: 528
Parking Space Count: 2
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,577

Total Building Area: 3,154
Gross Building Area: 3,154
Building Area: 3,154
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 13

Heating: 8
Heated Square Feet: 3,154
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: COLONIAL VILLAGE SEC 03 & 04
Land Acres: 0000000312
Standard Land Use Code: 1001
County Land Use Code: R-A001
Legal Description 1: LOT 42 13577 SQ FT MERCER'S WAY SEC 3 COLONIAL VILLAGE SEC 18

Neighborhood

School District Name: Worcester County Public Schools

Census Tract: 951102

Zoning

Zoning: B-2

Geography

Assessors Map Reference: 16 23 108

Account Number: 145042
District: 03
Section: 3
Parcel: 03-145042
Lot: 42
Latitude: 38.3856
Longitude: -75.1344

Address

Full Address: 1612 Mercers Way

Address - House Number: 1612
Address - Street Name: Mercers
Address - Suffix Type: Way
State: MD
City Name: Berlin
Carrier Code: R006
4-Digit Zip Code: 9486
Zip Code: 21811

Valuation

Tax

Tax Year: 2023

Tax Amount: $359,591

Appraisal Valuation

Standard Deviation: 0.1729

Valuation Date: Sep 13, 2023
Confidence Score: 77
Final Value: 594,552
High Value: 697,362
Low Value: 491,741

Market Valuation

Market Total Value: $433,800

Market Land Value: $100,600
Market Improvement Value: $333,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $406,000

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 19, 2020

Current Sale Recording Date: Jul 01, 2020
Current Sale Price:

Premium
Current Sale Document Type: 68
Previous Sale Recording Date: Jun 21, 2011
Previous Sale Contract Date: Jun 17, 2011
Previous Sale Amount: $106,000
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Ocean Pines

Stats & Trends

Median Asking:

$434,900

Sale Price/ft²

$275

Below Asking

0.02%

Average Days on Market

Average Home Size

1973 ft²

Average Home Age

30.7 years

Currently For Sale

115 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 124 Hingham Lane, OCEAN PINES, MD, 21811

$2,900 /mo

4 Beds
3 Baths
2,700 ft²

124 Hingham Lane #19, OCEAN PINES, MD, 21811 Listing by Kimberly M Dixson

Unit for rent at 934 Yacht Club Drive, OCEAN PINES, MD, 21811

$1,900 /mo

3 Beds
2 Baths
1,784 ft²

934 Yacht Club Drive, OCEAN PINES, MD, 21811 Listing by Shawn Kotwica

Unit for rent at 115 High Sheriff Trl, OCEAN PINES, MD, 21811

$2,350 /mo

3 Beds
2 Baths
1,035 ft²

115 High Sheriff Trl, OCEAN PINES, MD, 21811 Listing by Brenda L Benton

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Stephanie Bray
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDWO111252

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