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56 Seafarer Lane

56 Seafarer Lane, Berlin, MD 21811
Property in Worcester
Sold Jul 01, 2020
$201,000
$194,970 by Truist Bank
Mortgage Due May 01, 2050
Sold Nov 06, 1992
$11,900
56 Seafarer Lane in Berlin, MD was first built in 1993 and is 31 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 56 Seafarer Lane has 1,340 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,861 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 14, 2020 for $201,000. That's $150.00 per sqft. Prior to that sales transaction, the property was also sold in Nov 6, 1992 for $11,900. 56 Seafarer Lane was last assessed in 2023. The total value of the property was assessed at $228,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,955. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,861
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OCEAN PINES SEC 06
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT B-06-552 10861 SQ FT SEAFARER LANE PL OCEAN PINES SEC 6

Ownership

  • Current Owner : MILES PAUL
  • Current Owner 2: MILES DONNA L
  • Previous Owner : KOVAR ANTONIO
  • Previous Owner 2: KOVAR GERALDINE M
  • Owner Before Previous Owner: SHITAMA KAZUO
  • Owner Before Previous Owner 2: SHITAMA TAYEKO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Worcester County Public Schools
  • Census Tract: 950600

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 16 0 43
  • Account Number: 083438
  • District: 03
  • Section: 6
  • Parcel: 03-083438
  • Lot: 552
  • Latitude: 38.3857
  • Longitude: -75.1691

    Address

  • Full Address: 56 Seafarer Ln
  • Address - House Number: 56
  • Address - Street Name: Seafarer
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Berlin
  • Carrier Code: R008
  • 4-Digit Zip Code: 1850
  • Zip Code: 21811

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,955

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 373,446
  • High Value: 446,287
  • Low Value: 300,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,970
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Loan Amount: $194,970
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $246,900
  • Market Land Value: $82,600
  • Market Improvement Value: $164,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11774542056
  • Current Sale Price: $201,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 06, 1992
  • Previous Sale Contract Date: Nov 06, 1992
  • Previous Sale Amount: $11,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $194,970
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Ocean Pines



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 56 Seafarer Lane located in?
The 56 Seafarer Lane is a located in the neighborhood of Worcester in Ocean Pines, Berlin.
What is the average sales price for listings in 56 Seafarer Lane?
The average sales price for units in 56 Seafarer Lane is $0 currently.

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