9328 Bay Street

Berlin, MD
$ 500,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Developer/Investor alert!!! LOCATED IN A DESIGNATED MD OPPORTUNITY ZONE!! May be eligible for big tax incentives and special financing!! 5.25 planned unit development (PUD) right on Bay Street in Berlin Md!!Site plan for 38 units or 19 Duplexes. Seller has retained the water and sewer rights since 2003!! ( 38 EDU's)Previous site plan available . Comes to $13,000 per unit land costs and you will get the EDU's at a big discount!!! Walk to downtown Berlin, and just minutes to Ocean City beaches, casino, golf, Assateague Island etc. Berlin is booming and there is a big housing shortage in the area! Great opportunity for investors and developers!!

Land

  • Price
  • $ 500,000
  • Lot Size
  • 5.25 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Berlin
  • Taxes
  • $ 1690
  • County
  • WORCESTER
  • Style
  • Land/Lot Only
  • Area
  • Worcester East of Rt-113
  • MLS#
  • MDWO111338
  • Zip
  • 21811
Listing Provided by: Keller Williams Realty Delmarva
Data Source: Bright MLS

Features

General

Acceptable Financing Cash, Conventional
Additional Parcels Y/N No
Association Y/N No
County WORCESTER
Current Use Land/Lot Only
Days on Market 465
High School District WORCESTER COUNTY PUBLIC SCHOOLS
MLS Area Worcester East of Rt-113
Municipality Berlin
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 2.19
Property SubType Land
Property Type Land
Sewer Public Sewer
Tax Annual Amount 1690.0
Tax Lot 2A
Tax Year 2020
Vacation Rental Y/N No
View Garden/Lawn
Water Access Y/N No
Zoning R-3

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Features Cleared, PUD
Lot Size Acres 5.25
Lot Size Source Assessor
Lot Size Square Feet 228690.00
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/15/2020 Listed $500,000

Property vs Zip Code Average in 21811

Price
AVG $360K
$500K
Taxes
AVG $1,323
$1,690
Visits
AVG 135
283

Map

9328 Bay Street Berlin, MD is a Single Family Home for sale at $500000 and a lot size of 5.25 Acres Acre(s). 9328 Bay Street Berlin has 0 bedrooms, 0 baths . The property's zip code is 21811 which is in Berlin, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.