See Home Value
Ocean Pines 21811
45 CAPETOWN RD
$265,000
● House - Off Market

45 CAPETOWN RD

OCEAN PINES, MD 21811
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
912 Ft²
$2,120
Est. Monthly
$843
HOA / Fees
6.26%
Cap Rate

About This Property

Welcome to this charming Ocean Pines cottage, offering a blend of coastal living and potential for personalization. This property presents an opportunity for buyers looking to invest in a home they can make their own.

The interior features vaulted ceilings and newer windows that flood the space with natural light. Fresh paint throughout provides a clean slate for your design vision. The updated hot water heater ensures modern comfort, while the baseboard heating system offers a starting point for potential HVAC upgrades, including the possibility of adding central air conditioning.

Outside, a wrap-around deck and spacious backyard create opportunities for outdoor enjoyment, perfect for summer gatherings. The deck, while showing signs of wear, is an ideal outdoor space to enjoy the quiet and beauty of Ocean Pines life.  A low-maintenance moss yard reduces landscaping needs...no cutting required! Storage options include a large backyard shed and attic space accessible via pull-down stairs.

Located just one block from Somerset Park, this home offers easy access to Ocean Pines' community amenities, including pools, parks, playgrounds, a golf course, and yacht club. Shopping, restaurants, and beaches are also nearby.

While there are opportunities for upgrades and improvements, allowing buyers to customize the home to their preferences, this Ocean Pines property offers a chance to create an ideal coastal retreat in a desirable community at an affordable price with low HOA fees.  It's a home that needs some TLC but promises a rewarding project for those looking to put their stamp on a property in this sought-after location.
Unit Size
912 Ft²
Days on Market
11 days
Land Size
0.21 acres
Price per sqft
$285
Property Type
House
Property Taxes
$158
HOA Dues
$843
Year Built
1972

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Last updated: 2 years ago (Bright MLS #MDWO2023554)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Sold
Dec 31, 2024 In contract -
In contract
Dec 27, 2024 Price Decreased $260,000
↓ $15K (5.5%)
Price Decreased
Nov 30, 2024 Price Decreased $275,000
↓ $15K (5.2%)
Price Decreased
Nov 17, 2024 Price Decreased $290,000
↓ $10K (3.3%)
Price Decreased
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Property Highlights


Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,138
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 912
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN PINES SEC 02
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: LOT B-02-371 9138 SQ FT CAPETOWN RD PL OCEAN PINES SEC 2

Neighborhood

  • School District Name: Worcester County Public Schools
  • Census Tract: 950700

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 16 0 39
  • Account Number: 092186
  • District: 03
  • Section: 2
  • Parcel: 03-092186
  • Lot: 371
  • Latitude: 38.3944
  • Longitude: -75.1648

    Address

  • Full Address: 45 Capetown Rd
  • Address - House Number: 45
  • Address - Street Name: Capetown
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Berlin
  • Carrier Code: R006
  • 4-Digit Zip Code: 1602
  • Zip Code: 21811

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $168,432

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 306,589
  • High Value: 366,390
  • Low Value: 246,789

    Market Valuation

  • Market Total Value: $198,100
  • Market Land Value: $81,800
  • Market Improvement Value: $116,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,000

    Sales

  • Current Sale Contract Date: Aug 03, 2011
  • Current Sale Recording Date: Aug 15, 2011
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 05731/0314
  • Previous Sale Recording Date: Aug 15, 2011
  • Previous Sale Contract Date: Aug 03, 2011
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean Pines


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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


Frequently Asked Questions

When was property at 45 Capetown Road built and last sold?
The property at 45 Capetown Road was built in 1972 and last sold on Aug 3, 2011 for $95,000.
How much is this home worth?
The estimated value of the home located at 45 Capetown Road is $0.
What are some comparable homes to 45 Capetown Road?
There are currently no comparable homes to 45 Capetown Road.