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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
Real Estate
JUNE 2021
INDEX OF ADVERTISERS
THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today
Published by Ocean City Today for the Coastal Association of Realtors. Advertising in this publication is limited to members and affiliated members of the Association. The COASTAL ASSOCIATION OF REALTORS® (CAR) is a trade organization for real estate professionals in Wicomico, Worcester and Somerset Counties on the Eastern Shore of Maryland. Its membership consists of more than 1,000 REALTORs® and affiliate members serving the home-buying and home-selling needs of the public since 1957. The term REALTOR® is a registered collective membership mark, which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. The COASTAL ASSOCIATION OF REALTORS is located at 314 Franklin Avenue, Suite 106 • Berlin, MD 21811. Phone: 410-641-4409. On the Web: www.coastalrealtor.org OCEAN CITY TODAY is the leading newspaper publisher on the Maryland coast, with Ocean City Today publishing weekly on Friday, Bayside Gazette and Ocean City Digest publishing on Thursdays and Real Estate, the Coastal Real Estate Resource publishing key weekends throughout the year. On the Web: www.oceancitytoday.com Editor .........................................................................Stewart Dobson Managing Editor............................................................... Lisa Capitelli Assistant Publisher........................................................... Elaine Brady Account Managers ......................................... Mary Cooper, Vicki Shrier Classifieds/Legals/Production Manager .................... Nancy MacCubbin Senior Designer .............................................................. Susan Parks Graphic Artist ................................................................... Kelly Brown Publisher..................................................................... Christine Brown Admin. Assistant................................................................... Gini Tufts
Nanette Pavier/Holiday Real Estate ...............................Page 2 Northrop Realty...............................................................Page 3 Bernie Flax/EXIT Realty At The Beach ..........................Page 4 Ann Holtz/EXIT Realty At The Beach ............................Page 4 Long & Foster/Ocean City...............................................Page 5 Berkshire Hathaway PenFed Realty ...............................Page 6 Berkshire Hathaway PenFed Realty................................Page 7 Marlene Ott/Berkshire Hathaway PenFed ....................Page 8 Mickey Lobb/Berkshire Hathaway PenFed....................Page 8 Shamrock Realty Group .................................................Page 9 CAR Affiliates.................................................................Page 10 Maryland Title Service...................................................Page 10 Hileman Real Estate.......................................................Page 11 Jamie Caine/Coldwell Banker Realty............................Page 12
410-641-0039 WWW.OCEANCITYTODAY.COM It’s Time To Own A Beach Home!
Nanette Pavier Cell: 443-235-3498
Main Office: 7700 Coastal Hwy., Ocean City, MD 410-289-8888
Your Delmarva Resort Specialist Licensed in Maryland & Delaware
For Updated Prices & More Listings: Call 443-235-3498 Scan code or Visit my Website WWW.OCEANCITYMDCONDOS4SALE.COM
NAR Designated Pricing Strategy Advisor
Heron Harbour Sales Center 120th St Open Friday-Monday 11-4 2 Outdoor Pools, Indoor Pool, Fitness Center, Tennis Courts, Sauna and Club House
The beautiful marina community of Heron Harbour Isle offers 1-4 bedroom condominiums and townhouses that have boat slips. Water Front single family homes and lots with docks are also available. Fabulous amenities: 2 outdoor pools, indoor pool, fitness center, sauna & tennis courts. Close to the beach, shops, entertainment and Northside Park.
201 S Heron Dr Unit 15 B & Boat Slip #23 Heron Harbour Isle
206 N Heron Dr Unit 9 & Boat Slip #11 Seascape -Heron Harbour Isle
Harbour Club Top Floor 2 Bed 2 1/2 Bath Water Front Condo
2nd Floor 2 Bed 2 Bath Water Front Condo
The best of coastal living in this spacious water front top floor condo featuring cathedral ceilings, electric fireplace, 2 master bedrooms rooms with decks & private boat slip in front of your unit. Oversized deck with steps to dock. Bring your boat, jet skis & kayaks to enjoy the bay & fishing. Active Under Contract. MDWO122266
Enjoy wonderful bay views from your deck just steps to your boat slip directly in front of the unit. Spacious living area with wall to wall slider doors to deck. Easy access to dock with stairs from deck. Freshly painted interior & exterior. Active Under Contract. MDWO122824
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
JUNE 2021
PAGE 3
Direct: 443.230.5043 | Office: 443.837.7455 | NorthropRealty.com
WE MAKE THE IMPOSSIBLE
POSSIBLE.
FROM COUNTIES TO CITIES —— BAYS TO BEACHES
Now with offices in Bethany Beach DE, Fenwick Island DE, Millsboro DE, and West Ocean City MD
BETHANY BEACH
BETHANY BEACH
DAGSBORO
MILLSBORO
WATERFRONT $5,900,000 39713 Windswept Way
WATERFRONT $2,375,000 12 S Shore Drive
WATERFRONT $1,250,000 29073 Ellis Point Court #46
$1,250,000 33197 Mariners Avenue
GEORGETOWN
MILLSBORO
MILLSBORO
MILLSBORO
$895,000 18155 Deer Forest Road
$700,000 33241 Indian Bay Circle #35
$699,100 26178 Tuscany Drive
$499,900 33870 Sea Otter Way
BERLIN
MILLSBORO
BRIDGEVILLE
ELLENDALE
$439,000 11433 Gum Point Road
$400,000 24380 Boblin Court
$385,000 14477 Deer Forest Road
$315,000 16444 Victory Lane
GEORGETOWN
MILLSBORO
LEWES
OCEAN CITY
$300,000 20998 Emory Walls Road
WATERFRONT $299,999 48 Canal Drive
$298,000 32 Maplewood Drive
$250,000 12 72nd Street #205
Visit northroprealty.com/coastallistings to view more homes.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 4
Berrnie Flax EEXIT REALT Y AT THE BEACH
Direct: 410-629-9070 Office: 410-208-EXIT TTeext ‘Bernie’ at 85377 forr complete info 11002 Manklin Meadows Lan ne #3 • Ocean Pines, MD 21811 Each Office Is Independently Owned & Operated
UNDER CONTRACT IN 2 DAY AYS! 12136 PINEY POINT RD. • BISHOPVILLE
EXTRAORDINARY COAST TA AL HOME A Commanding panoramic riverfront views on the Bishopville Prong o of the Saint Martin River. Enjoy the custom millwork byy Colonial Craft in a high-end cheef's kitchen with Viking stainless steel appliances and stone fireplace with surroundin ng custom millwork. Great room w/hardwood floors and wall of glass facing multi-level d decking w/steps to the water. Dining rm., library with built-ins, owner’s ’s suite with stunning water views and deck access. 2nd 2 d floor fl h has two waterfront f b bedrooms, d one en-suite i and d a jjackk and d jill ffor the h other two bedrooms. Walk-Up access to spacious attic for storage. Lower level overlooks water and walk out to patio, includes a family room, wet barr,, full bath & 2 BRs. Meticulous landscaping surrounds the home. 143-ft lighted pier has jet ski lift and 10K lb boat lift. 3-bay garage. This custom home stands out amongst the rest for indoor and outdoor recreation, luxury living and entertaining.
$1,250,000
Realtor®, Commercial & Residential Licensed in MD & DE
EXIT REALTY AT THE BEACH
Cell: 443-359-9863 Office: 410-208-EXIT
annholtz1@gmail.com
OVER $150K IN RECENT UPGRADES
NEW LISTING
13400 COASTAL HIGHWAY S803 OCEAN CITY Much sought after 3 bdrm 2.5 bath with ocean views. Relax by the pool or take a stroll down to the beach. It's just steps away. A little TLC will make this unit spectacular.
$399,000 MLS MDWO121478
UNDER CONTRACT
11002 Manklin Meadows Lane #3 Ocean Pines MD 21811
10144 GREENBRIAR DRIVE • BERLIN 3BR/3BA w/new updates!!! Over 3,500 sq. ft. on 1.16 acres, 4 car detached garage w/work space. Located right outside of Berlin, “America's Coolest Small Town”. Kitchen w/Jenn Air Range cooktop, another cooktop & double oven, new SS appliances, extra refrigerator for wine, etc. Great room w/fireplace & hardwood floors. Master bedroom with 2 person shower & private office or sitting room, both w/hardwood floors. New vinyl siding, indoor & outdoor lighting, HVAC, HWH, carpet in 2nd & 3rd $449,900 MLS MDWO114936 BRs. New toilets in all BAs.
12005 ASSAWOMAN DRIVE #1S OCEAN CITY Perfect beach get away! Cute as a button 2BR/2BA. Excellent rental. New Hot water heater, bathroom, kitchen floor, countertops & bottom cabinets & windows. Just steps to the beach, close to shopping & entertainment. Small 6 unit building w/parking. Central air & nicely furnished. Low condo fees w/beach storage under building, parking in the rear. Must honor 2021 Rentals.
$309,900 MLS MDWO122860
JUNE 2021
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
JUNE 2021
PAGE 5
LONG & FOSTER REAL ESTATE, INC. 11701 Coastal Hwy | Ocean City Square Shopping Center | 410-524-1700
WE HAVE BUYERS IF YOU WISH TO SELL GIVE US A CALL TODAY! NEW LISTING
NEW LISTING
SEA GATE #610 3001 ATLANTIC AVE
$365,000 (MDWO122734)
This is the one you've been waiting for! 1BR/1BA w/breathtaking views of The Atlantic & just steps from the beach. Only a few blocks to the Boardwalk, Restaurants & Amusements. Building offers an outdoor pool, owner storage, on-site rental office and bike room. This unit has storm shutters and newer glass doors. Beautifully furnished and fully equipped. Rentals must be honored.
BECKY MITCHELL CSR, ABR, GRI CELL: 410-603-0528
PLAZA UNIT #613 OCEAN CITY
$895,000
• • • • • •
(MDWO122956)
MARY MCCRACKEN CELL: 410-430-7302
NEW LISTING
NEW LISTING
THE CAPRI #511 OCEAN CITY
$675,000 (MDWO121440)
Direct oceanfront, fully furnished, 1434 sq.ft. unit with 3 bedrooms with ocean views & 2 baths. Oceanfront balcony w/panoramic views. Oceanfront building w/easy access to beach, sundeck, large heated indoor pool, exercise room, tennis court, library & game room including a basket ball hoop. Private storage locker is available on the ground floor for all of your sandy beach chairs and toys. The building also has 3 elevators & on site security. Close to shopping, entertainment & restaurants.
3 Bed- 2 Bath – 1600+ SF Oceanfront Balcony Open Floor Plan BR with Bayside Balcony/Patio Enjoy all Plaza Amenities $51K in 2021 Summer Rentals
PLAZA UNIT #1103 OCEAN CITY
$695,000 (MDWO123036)
• • • • • • •
Stunning 2BR/2BA + Den. Fully Renovated Luxury Wood Vinyl flooring throughout Chef ’s Kitchen Open Floor Plan Large Oceanfront Balcony Over $42K in 2021 Summer Rentals
TOM NIEMKIEWICZ CELL: 410-603-2136
MARY MCCRACKEN CELL: 410-430-7302
NEW LISTING
NEW LISTING
13359 COVE LANDING ROAD BISHOPVILLE
$425,000 (MDWO122066)
4BR/2BA waterfront on half-acre piece of paradise. Sun filled eat in kitchen, bar area & living room w/cathedral ceiling present a bright open floor plan.Enjoy the scenic, private dock & maybe take a quick boat trip to Seacrets, Fish Tales, or Harpoon Hannah's for dinner! New HVAC system. Attached garage w/ 2nd level gives you room for all your fishing tackle, beach chairs & more. Bay View Estates community has a swimming pool, tennis court & community boat ramp with a crabbing pier. Waterfront homes at this price are rare. Act fast and have a wonderful 2021 summer, with many more to come!
MIKE KOWALSKI CELL: 301-807-6454
THE QUAY UNIT #307 OCEAN CITY
$600,000
NEW LISTING
102 25TH STREET #302 • OCEAN CITY
$575,000 (MDWO1194000)
CHARLES RAPPA Cell: 610-405-9621
Massive 3bedroom/2bath Over 1500sq ft Oceanfront Great 3rd Floor Location Tons of Updates Renovated Kitchen Enjoy all Quay Amenities
MARY MCCRACKEN CELL: 410-430-7302
NEW PRICE
1 block to the beach & OC's famous boardwalk in heart of downtown. 3BR/2BA w/Ocean & Bay views from your wraparound terrace. Open floor plan w/fireplace for the cool nights. Under building parking, secure storage and elevator. Comes fully furnished for your immediate enjoyment. Close to restaurants and activities. Schedule your showing today and getaway to your own beach paradise.
• • • • • • •
8 SWEET GUM LANE OCEAN PINES Your chance to own a lot in Ocean Pines and build your dream home.
$85,000 (MDWO115374)
CHARLES RAPPA Cell: 610-405-9621
Join Our Team At Long & Foster Ocean City! Please call or email me for a confidential Conversation on joining our team: Interested in a career in real estate? Classes forming now! Visit www.longandfoster.com/careers Stan Zaremba Branch Manager 410-520-2707 • Stan.Zaremba@LNF.com
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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
JUNE 2021
Prices projected to continue increasing WASHINGTON– After recording the quickest recovery in the nation's history in the wake of the COVID-19 pandemic, the U.S. economy is expected to kick into higher gear in 2021. That is according to analysis from the National Association of Realtors delivered last month during the 2021 Realtors Legislative Meetings & Trade Expo at the Residential Economic Issues and Trends Forum. With the number of vaccinated Americans increasing and new cases
of coronavirus on the decline, NAR Chief Economist Lawrence Yun anticipates the economy will grow 4.5 percent in 2021. "Consumers will begin to spend massive savings, and do more shopping, restaurant dining, traveling and in-person house hunting," he said. While home sales continue to be an economic bright spot, unemployment remains an issue. Eight million jobs that were lost during the pandemic have not yet been recaptured.
Yun maintains that job recovery is taking longer due to some friction in the labor market, including workers being unable to return to their jobs, where work-from-home is not an option for many. As economic growth strengthens, 4 million jobs are projected to be gained this year. Despite high unemployment, the economic recovery – propelled by favorable federal monetary and fiscal policies – has created the hottest housing market in nearly 50 years. The marketplace has surpassed
JUNE 2021
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 7
‘Multiple-offer situation will become less prevalent’ pre-pandemic levels in terms of sales, but the fast-paced recovery has contributed to historic home price growth. In fact, an NAR report released in late May found that 89 percent of metro areas saw prices climb at double-digit rates on a year-over-year basis during the first quarter of 2021. An analysis of the data found that the economic recovery, both in the U.S. and globally, has raised inflationary pressures, which will ultimately lead to an increase in the
30-year fixed mortgage to an average of 3.2 percent in 2021. Consumer price inflation is accelerating due to higher costs for a number of goods and commodities, including oil, gasoline, lumber, moving and storage fees, household appliances, rents, and houses, which have reached record-highs. "As mortgage rates increase, the frenzied multiple-offer situation will become less prevalent by year's end, as affordability challenges squeeze out some buyers and more inventory reaches the market," Yun said.
Although the low supply of housing has played a significant role in home price surges, Yun expects more home construction, a growing willingness among homeowners to list properties because of an increase in vaccinations, and a gradual decline in mortgage forbearance. In addition to homebuilders' intentions to ramp-up construction, a recent NAR report – Case Studies on Repurposing Vacant Hotels/Motels into Multifamily Housing – details the idea of remodeling underutilized hotels and motels in
order to help replenish the supply of affordable multifamily housing. "With more inventory and some easing in demand, home prices are expected to shift to mid-single-digit appreciation by the fourth quarter and in 2022," Yun said. Yun predicts that the median existing-home sales price will increase at a slower pace of 7 percent later in the year. As more homes reach the market, NAR anticipates existinghome sales will grow by 10 percent and new home sales will jump by 20 percent.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
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JUNE 2021
Prices increase in all regions in first quarter WASHINGTON – Nearly every metro area tracked by the National Association of Realtors — 99 percent — recorded year-over-year price increases in the first quarter of 2021, according to the latest quarterly report released by NAR. The 11 metro areas with the highest price increases saw median sales prices ranging from the $100,000s to $600,000s. Those cities include: Kingston, N.Y. (35.5%; $303,100); Bridgeport-Stamford-Norwalk, Conn. (34.3%; $580,400); Atlantic CityHammonton, N.J. (34.0%; $277,200); Barnstable Town, Mass. (33.1%; $567,600); Boise City-Nampa, Idaho (32.8%; $422,600); Sherman-Denison, Texas (29.8%; $234,800); Elmira, N.Y. (29.1%; $126,900); Austin-Round Rock, Texas (28.2%; $437,900); Youngstown-WarrenBoardman, Ohio-Pa. (27.7%; $119,500); Decatur, Ill. (27.5%; $102,400); and Glens Falls, N.Y. (27.5%; $214,600). Some of the changes in medianhome price, especially in small cities, were dependent on the type of homes sold during Q1 2021; not all homes saw large appreciations in price. "Significant price increases throughout the country simply illustrate strong demand and record-low housing supply," said Lawrence Yun,
NAR chief economist. "The recordhigh home prices are happening across nearly all markets, big and small, even in those metros that have long been considered off-the-radar in prior years for many home seekers." The overwhelmingly majority of metros experienced strong price increases, with 89% (163 metro areas out of 183) registering double-digit price growth.1 For comparison, 25% of metro areas (46 out of 181) saw such growth in 2020's first quarter when housing inventory was at a healthier level of 3.3 months, which better matched the pace of monthly demand. Although home sellers have benefited from sharp price jumps, the situation has of course presented challenges for buyers. "The sudden price appreciation is impacting affordability, especially among first-time home buyers," said Yun. "With low inventory already impacting the market, added skyrocketing costs have left many families facing the reality of being priced out entirely." The most expensive markets also continued to experience double-digit price growth. Those metros include San Jose-Sunnyvale-Santa Clara, Calif. ($1.5 million; 11.1%); San Francisco-Oakland-Hayward, Calif. ($1.2 million; 21.8%); Anaheim-Santa Ana-
Assoc. Broker, CRS
A ct Quicck - Homes Aree Seelliing Fasst! www.MarleneOtt.com | 11001 Manklin Meadows Lane, C: 410-430-5743 • O: 410-208-3500 • F: 410-641-1633 • E-Mail: Marlene@MarleneOtt.com
COMING SOON
7 Moonshell Dr Ocean Pines ACTIVE UNDER CONTRACT
28 Drawbridge Rd Ocean Pines
Waterfront 4BR/3BA w/garage. Sold completely furnished including the entire kitchen & linens. Unique Solarium room w/Window Quilts & Air Conditioner. Solar panels are leased and documentation is available thru the listing agent about terms and conditions. Electric bills run only about $100 a month year round. 20 x 4 dock with whips. Direct access out to the St. Martins River, Bay and Ocean. Located on a large lagoon with scenic vista. Concrete driveway to over-sized single car garage with storage closet. Wood Burning F/P in Living/Family room. H/P for HVAC. 11x11 Eat-in dining area off kitchen. $
Irvine, Calif. ($1.0 million; 14.3%); Urban Honolulu, Hawaii ($940,400; 19.2%); San Diego-Carlsbad, Calif. ($763,500; 14.0%); Boulder, Colo.($726,600; 16.7%); Los AngelesLong Beach-Glendale, Calif. ($682,400; 15.1%); Seattle-TacomaBellevue, Wash. ($653,400; 17.9%); Naples-Immokalee-Marco Island, Fla. ($599,500; 24.9%); and Nassau County-Suffolk County, N.Y. ($598,600; 22.7%). Nationally, the median existinghome sales price rose 16.2% on a yearover-year basis to $319,200, a record high since 1989. All regions recorded double-digit year-over-year price growth, with the Northeast seeing a 22.1% increase, followed by the West (18.0%), South (15.0%) and Midwest (14.4%). "These higher home prices underscore the importance of stepping up housing supply," he said. "An increase of inventory — either by new construction or by converting abandoned and unused retails or hotels — would combat the affordability problem." A new NAR report, the Case Studies on Repurposing Vacant Hotels/Motels into Multifamily Housing, examines the feasibility and benefits of these types of transformations. As a result of soaring home prices, the average national monthly mort-
gage payment rose to $1,067, up from $995 one year ago. This increase exists even as the effective 30-year fixed mortgage rate2 decreased to 2.93% in the first quarter of 2021 (3.57% one year ago). In the first quarter, on average, families with a median income of $90,547 spent 14.1% of that income on mortgage payments with a 20% down payment and a 30-year fixed mortgage (14.5% one year ago). Mortgage payments are considered affordable if they amount to no more than 25% of the family's income.3 Nationally, a family typically needed an income of $51,216 to pay a 30-year fixed-rate mortgage with a 20% down payment ($47,760 one year ago). In 68% of the measured markets (125 of the 183 metro areas), a family needed less than $50,000 to afford a home. In eight metro areas, a family needed more than $100,000: San Jose-Sunnyvale-Santa Clara, Calif. ($242,682); San Francisco-OaklandHayward, Calif. ($194,145); AnaheimSanta Ana-Irvine, Calif. ($161,788); Urban Honolulu, Hawaii ($152,145); San Diego-Carlsbad, Calif. ($123,525); Boulder, Colo. ($117,555); Los Angeles-Long Beach-Glendale, Calif. ($110,404); and Seattle-TacomaBellevue, Wash. ($105,712).
, GRI Be Picky, Call Mickey!
443-880-2064
11001 Manklin Meadows Lane Ocean Pines MD 21811
410-208-3500
mickey.lobb@penfedrealty.com mickeylobb.penfedrealty.com Top 10 Things To Do When Buying or Selling a Home: #1 Call Me & I’ll Do the Rest!
Mick’s Pick of the Month!
12 122ND STREET #3K • OCEAN CITY JUST LISTED AT MIRABELLA!
495,000
NEW LISTING
Upgraded, water view 3BR/2.2BA. Spacious Living Room w/vaulted ceiling & built-ins. Ultimate kitchen & dining area w/custom Thomasville Artisan soft close cabinets, island w/bar seating, quartz countertops, beverage refrigerator & heated tile floors. Primary bedroom on 1st level updated & bath totally redone w/soaking tub & tile shower. Magnificent huge room over garage w/it's own mini-split HVAC. Many uses for this area- artist studio, guest quarters, Family room or office. Upper balcony w/panoramic view down the canal. Each room in the house has it's own mini-split HVAC. 2 skylights. Oyster shell circular driveway. $
550,000
Call Me Today to Get a FREE Estimate of the Selling Price for Your Home in Today’s Market ©2021 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire HomesServices and the Berkshire Hathaway HomeServices symbol are registered service marks of the HomeServices of America, Inc.® Equal Housing Opportunity.
BEAUTIFUL TOP FLOOR UNIT W/LOTS OF UPDATES 1BR/1BA w/ocean & bay views from your private balcony with southern exposure. Features include LVT flooring throughout, updated kitchen, updated bath & low condo fees. Comes fully furnished with 2 TV's & includes a ground level storage locker for all your beach supplies. Located close to Northside Park, restaurants & shopping. Make this your next beach home in Ocean City! $165,000 ©2019 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire HomesServices and the Berkshire Hathaway HomeServices symbol are registered service marks of the HomeServices of America, Inc.® Equal Housing Opportunity.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
JUNE 2021
PAGE 9
Demand is High – Now is the Time to Sell or Rent Your Property
OCEAN PINES 11049 Racetrack Road Ocean Pines, MD 21811 Office: 410-641-5000
Let Us Get TOP DOLLAR for Your Home Sale or Rental
www.shamrockrealty.com 201 E MARKET STREET • SNOW HILL • $949,900
O
59 SEAFARER LANE P • $299,000
CEAN INES The River House Inn, a Bed & Breakfast on the Pocomoke River in historic downtown Snow Updated 4BR/2.5BA over 1700 sq. ft and recently Hill. Nationally registered with historical Victorian home w/charm & history offering 2+ acres painted. French doors with access to front porch. w/panoramic views of the Pocomoke River. Main house boasts 5 BRs & 5.5 baths in 6,000+ Spacious kitchen, featuring updated counters, and sq. ft. of living space, Pub Room, Dining Room that can be separated into 2 separate eating open living room gives that contemporary feel and areas, Large Gourmet Kitchen & Social Room for guests. Innkeepers quarters include flow. 2 cozy BRs on first floor, including the primary private bedroom, full bath, living room, office & outside deck overlooking pool area. 3 private with en-suite. Newer W/D and water heater plus cottages on the property offering 7 additional rooms for guests. In-ground pool. Well soughtupdated bathroom. Bonu room with two access after location is a popular wedding venue w/accommodations for the entire wedding party doors, one to front porch, and other to the back of or weekend getaway. Nature lovers home away from home with just a short drive to Ocean the house. Fresh modern flooring. Entrance/exit on the second floor that leads to a 2 bed/1 City & Assateague National Seashore. Bulk-head and deep-water boat dock. Benefits of bath in-law suite, with eat-in kitchen, living room, W/D combo, and deck and fresh modern this property are too lengthy to list. You MUST see it for yourself! MLS MDWO121678 flooring. Currently being rented, with a lease agreement ending in December. UNDER CONTRACT
44 ROBIN HOOD TRAIL OCEAN PINES • $245,000 Spacious rancher with 3 bedrooms, 2 bath, bright Sun/Florida Room, large front deck and paved driveway. Newer carpet, kitchen cabinets and flooring. HVAC in 2016. Located in Ocean Pines/Sherwood Forest. Home is tenant occupied through the end of the year. Perfect opportunity
for an investment with a good tenant. MLS MDWO122316
BEAVER POND ESTATES HARRINGTON, DE $99,500
Quiet neighborhood with a country setting and close enough to everything you need. Over half an acre of peace and quiet in desirable community. Situated in the back of the neighborhood near cul-de-sac offering ample privacy in the countryside of Harrington. Easy access to downtown Harrington and Milford. Here's your chance build your perfect home in this nice community and still close to local beaches to enjoy a hot summer day. So come out with your spec home plan and check out this beautiful setting for your dream home. Soil evaluation and survey on file. Septic design to be completed. Price includes cost of septic installation. MLS DEK247900
DAVIS ROAD WHALEYVILLE • $66,000
10.4 acres of land currently used for hunting with trails. Land has been used as hunting grounds for years.
LISTINGS ARE LOW AND WE HAVE PLENTY OF BUYERS LOOKING If you are thinking of selling Don’t let this opportunity pass you by – Call Us Today!
MLS MDWO121286
Welcome OC Air Show! NOT READY TO SELL? WE’RE SEEKING LONG & SHORT TERM RENTAL HOMES
Let Us Manage Your Property – We Have a List of Qualified Tenant Applicants Just Waiting for Your Home
Rosie Beauclair
Chuck Leo
Veronica Bishop
Mary Burgess
Bryan MacPherson Kelly MacPherson
Jan Castner
Brittani Phillips
Amanda Forsythe
Paul Freed
Donna Frankowski
Ollie Hitchens
Kimberly S. Jones
Isaiah Johnson
Frank Kay
Traci Kerrigan
Mike Piasecki
Matt Reed
John Rego
Lisa Rill
Lauren Smith
Pam Wadler
Ron Wesche
Julie Woulfe
There are moments in life that cause us to hesitate. Selling your home shouldn’t be one of them.
©2021
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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
JUNE 2021
Coastal Association Affiliate Members Arrange the Change Sharon Knowles
Deeley Insurance Group Laura Bren
Marr Appraisals, Inc Kenneth Marr
Oracle Home Inspection Paul Vaillancourt
Bay Capital Mortgage Richard Proctor
Delmarva Appraisals, LLC Beverly Wilson
PrimeLending Rod Flowers
Bayshore Appraisals, Inc Janet Jones
Draper & Kramer Mortgage Corp Matthew Patterson
Maryland Department of Housing and Community Development Cecilia Weller Terry Catalano
Brennan Title Company Peter McGough John Brennan
Elite Valuations, Inc Kathleen Hoffman
Brumbly Appraisal Services Inc. Alfred Brumbley Capitol Title Insurance Agency Kathy Burton Maura Burton Pilar Burton
Embrace Home Loans Jason Cook Gary K. Marshall Insurance Agency David Galeone Gismondi Insurance Assoc Beth Gismondi
Maryland Title Service Helene Parks Richardson Joseph Raskauskas Chrissy Roberts April Taylor McLean Mortgage Shawn Hunt Joanna Cherlariu Devon Eastlack Rebecca Harwell Beth Hunt Zack Hunt Aaron Jones Zach King Sam Kotzur Kristine Labert
Chesapeake Remodeling Group Mike Davis
Greater OC Chamber of Commerce Nancy Schwendeman
Coastal Style Magazine Jon Westman
Guaranteed Rate Affinity Paul Soule
Coates, Coates & Coates Thomas Coates W. Hank Fisher
Hometown Inspections LLC Robert Davis Emily Davis
Community Settlement Group, LLC Scott Breza
House Master Kathy Hoffman
Cope Mediation, LLC Peter Copenhaver
Integrity Appraisals Karen Vara
Mortgage Network Hope Morgan Patrick Clark Kaytlyn Senkbeil
CTW Real Property Appraisals C Terence Wittstadt
L Turner Appraisals LeRoy Turner
MottoMortgage Liz Buckley
D3 Corp John Gehrig
Legum & Norman ~ an Associa Company Lisa Meck
Omni Land Settlement Corp Vonny Pilchard
Metro Homes DMV, LLC Carlos Caraballo Mid-Atlantic Settlement Services Susan Lloyd
Pro-Spect Inspection Services Tia Lipko Brooke Alicea Jonathan Fourquet-Laboy Tim Harriger Eric Hastings Bradley King Edgar Martinez Jay Mast Garr Owens Jacob Stanley Nicholas Strayer Josh Rose Salisbury Neighborhood Housing Amanda Smith Leah Dyson Shorelock Home Inspections, LLC Jay Aydelotte Superior Appraisal Service Meggin Nicholson Carrie Brown T & G Builders Gary L. James John Rego Vacasa, LLC Sherry Jenkins Wesbanco Laura Vest
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
JUNE 2021
Act fast, as home sales move rapidly Thinking about selling your home? Now is the time to do it. Home prices continue to rise and buyers continue to have bidding wars on homes and offer above asking. Inventory is still at historic lows and with interest rates still very appealing, causing no shortage of buyers. Because inventory is low, home
prices continue to rise. The median home price in April was $285,00, which is up from $275,255 in March and up $35,000 from April 2020. As of April, there were only 471 active listings in the lower three counties as compared to 1,329 in April 2020. In all three counties throughout April, new settlements were up 57.3 percent compared to the same time last year. Individually, new settlements throughout April were up by 53.2 percent in Wicomico, 56.3 percent in Worcester, and 93.3 percent in Somerset. New listings in April were up 118 percent compared to the same time last year in all three counties. Individually, new listings were up by 140.7
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“The answer is creativity and nimbleness, which is not easy to accomplish when it comes to creating housing. We need to be looking at zoning, incentives, and other tools to create new housing in our area before we lose prospective buyers to other markets.” “Right now some of the homes that are being sold used to be rentals and although it is good to have the listings for sale, I am worried about the rental market and the affordable housing market,” said Williamson. “The market is so tight we have sellers who sell their home and can’t find a new home to buy or even rent. People are staying put because of fear of not finding a new place to live.”
percent in Worcester, 95.3 percent in Wicomico, and 66.7 percent in Somerset from April of 2020. Active listings in all three counties were down by 64.6 percent. Individually, there were 267 active listings in Worcester, 141 in Wicomico, and 63 in Somerset. There were 1,329 active listings at this time last year. The average Cumulative Days on Market (CDOM) for April was 44, or 54.6 percent less than the same time last year. Over the last 5 years, the average DOM was 88 for April. “The question that everyone is asking is how do we get more listings to satisfy all of these buyers,” said CAR President Joni Martin Williamson.
LIKE US ON
Neighbors Serving Neighbors - One Home at a Time 410-208-9200 • 800-337-7368 • 11065 Cathell Road, Ocean Pines • 8202 Coastal Highway, Ocean City • 410-723-9450 Licensed in MD, DE
• www.hilemanrealestate.com • e-mail: hilemanre@aol.com
NEW LISTING
Tim
Ulrich Associate Broker 410-422-1441 Cell timrealestate9 @gmail.com
3BR/1BA rancher on 4.9 acres w/over 1000 ft of road frontage. Updated w/new windows, vinyl siding, water heater, water softener, 3 sheds & much more. 4.9 acres is cleared w/1000 ft of road frontage with possibility of being subdivided. Surrounded by shade trees w/neighbors only at a distance. Property gives you room for outbuildings/shops, horses and animals. No city/town taxes, no HOA, no water $289,900 or sewer bills & plenty of area for Solar.
Cindy
Crockett REALTOR , GRI ®
Licensed in MD
4.9 ACRES
410-430-0587 Cell Cindy@HilemanReal Estate.com
BUILD YOUR PERFECT COUNTRY HOME!
One Large Parcel - 2.07 Acres. Plenty of room for pets, gardening, friends, & family gatherings. Standard Septic System approved for up to 5 Bedrooms. Very convenient to the Town of Berlin, Ocean City & Assateague Beaches!
$94,900
GREAT LOCATION AT THE END OF A QUIET CUL-DE-SAC!
Call Debbie Hileman at 443-235-5982
WELCOME HOME!
Brand new vinyl plank flooring, new cabinets and granite countertops in the eat-in kitchen. Freshly painted and power-washed! The sunny and bright Florida Room off of the kitchen is perfect for entertaining. Vaulted ceiling in the Living Room, New Bath Vanity, ceiling fans, crown molding, and attached storage shed.
NEW LISTING
4 Bed – 2 Bath classic Cape Cod in perfect location. Many recent upgrades. Kitchen w/SS appliances, granite counters and tile plank floors. Dining rm. w/custom built-ins and sliding door to deck. Sunroom off breezeway. HW throughout first floor, living room w/brick FP. Fenced back yard, patio added in 2020 $254,900 and shed.
SUMMER FUN!
NEW LISTING
1BR/1BA in Whitehorse Park w/everything you need! New HVAC. Newer center hinge style door offers lots of light, built in blinds. Walk-in closet/storage area. Sunroom. Option of adding 2nd bedroom. 2 car stone driveway, steps away from off-street parking for common use. Convenient to bath house & laundry to enjoy $132,500 everything WHP has to offer.
Terri
Bradford Associate Broker, GRI
Bethany
Drew
Associate Broker, GRI Licensed in MD, DE
Terri: 410-430-6875 Bethany: 410-430-2602 www.PO2Team.com Powerof2@PO2Team.com
LARGE 3/4 ACRE WATERFRONT LOT & HOME TO BE BUILT
Debora E.
Hileman
OWNER/BROKER GRI & CRS Licensed in MD, DE
$269,000
443-235-5982 Cell Debbie@Hileman RealEstate.com
In the Whitetail Sanctuary Section of Ocean Pines. New Boat Dock already in place for your Boating Enjoyment! Absolutely gorgeous views of Manklin Creek and the Isle of Wight Bay. Located at the end of a peaceful Cul-de-Sac. Opportunities like this don't come often! Two Level home up to 5,000 sq.ft with $75,000 of options to be chosen by the buyer. First & 2nd level Owner's Suites, Open Great Room, Library, Laundry, Office, Sun room, Studio and Garage. Please call for plans and details. House & Lot $975,000 • Lot Only $389,900
Sonia
Zaffiris Associate Broker GRI, CRS
Licensed in MD, DE
410-251-6217 soniasez@aol.com
1/2 ACRE SOUTH OF BERLIN Ready to build. Approved for standard septic & well. Convenient location with a country feel.
$69,900
Lynette
Bridges-Catha CRS, PMN, GREEN, SRES NEW, NEW AND MANY NEW UPDATES
Completely remodeled 4BR/2BA. New appliances, paint & floors. City has inspected home & has been given the Occupancy permit. Storage in attic. $269,500
BLOCKS FROM BOARDWALK & BEACH
Large 3BR/2BA in downtown area. Peaks of the bay & pool from your wrap around balcony. Waterfront access. Open floor plan, kitchen w/breakfast bar, dining area & open living space. Gas fireplace. Plenty of natural light. Master bedroom & en-suite bath w/jetted soaking tub, walk-in shower. Full size washer & dryer in laundry room, outside secured storage locker & under building parking. Walk to shops, restaurants & marinas. $450,000
Licensed in MD, DE
443-497-3128 Cell Smilin4shore@comcast.net
Kevin D.
Heselbach REALTOR , GRI, RSPS ®
Licensed in MD & DE
410-723-9450 Office kheselbachHRE @gmail.com
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 12
JAMIE CAINE
JUNE 2021
Associate Broker 12207 D Coastal Highway Ocean City, MD 21842 410-524-1203
410-726-0725 | 410-723-8520 | JamieCOCMD@gmail.com
Search All Active Listings At: www.jamiecaine.com
LIST with a
LEADER
Knowledge • Experience • Dedication • Long History of Selling Ocean City • Handled over 97 Transactions in 2020 • Personalized Hands-On Service
LIST With Me To Get Your Property SOLD! 4201 ATLANTIC AVE • OCEAN CITY NEW LISTING
11 81ST STREET #103 • OCEAN CITY • • • • • • • • •
• • • •
10BR/7BA Custom Built Beach front paradise Gourmet Kitchen
• 3 New Gas Furnaces • 2 New Gas HW Heaters
$3,299,999
2 DORCHESTER STREET • DOWNTOWN NEW LISTING
• • • •
Views of Ocean & Assateague 2BR/2BA, 1290 SF Beautifully Furnished Pool, Putting Green, Fitness Center
• 2 Parking Spaces • Great Rental History
$649,990
7437 W HOLLAND AVENUE • WILLARDS REDUCED
• 3 Bedroom on Cul-de-Sac • Located in small neighborhood
• 2 Storage Sheds • Close to Ocean City & Salisbury
$159,990
778 94TH ST. #203 • OCEAN CITY
NEW LISTING
3BR/2.5BA Ocean Side Close to beach Mid town OC Location 2 Private Balconies East West Exposure Open floor plan Non rental 2 Covered Assigned Parking Spaces
$499,999
• Beautiful 1BR/1BA • Includes Boat Slip #3 • Pool
210 WORCESTER STREET #204 • OCEAN CITY
• Close to Beaches, Boardwalk, Shopping, Restaurants & Amusements
$399,990
LOT 34 SOUTHHAMPTON • BISHOPVILLE
• Beautiful Bayview lot in one of OC’s Nicest Neighborhoods • Only 5 Min to Ocean City Beaches • Possible Owner Financing $545,000
$259,990
11100 COASTAL HWY #801 • OC
NEW LISTING
• 2BR/2BA Bayfront • Pool • Unbelievable Sunsets
• Elevator • Masonry Construction
NEW LISTING
• • • •
Direction Oceanfront 3 BR/2BA – 1380 SF 2 Balconies Hurricane Shutters
• Deeded Parking Space • Indoor Pool
$649,990
LOT 9 & 8 - SEA BISCUIT ROAD • SNOW HILL • Estate size lot • Quiet & quaint • Near Chincoteague Bay • Bay views • Close to Public Landing
From $69,990
The property information herein is derived from various sources that may include, but not limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate agents affiliated with Coldwell Banker Realty are independent contractor agents and are not employees of the Company. ©2021 Coldwell Banker Realty LLC. All Rights Reserved. Coldwell Banker Realty LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered service marks owned by Coldwell Banker Realty LLC. 07/15
