516 Bay Street, Berlin, MD 21811
Worcester
200 Stories
Built in 1991
Welcome to 516 Bay Street, a building located in Worcester in Berlin, MD.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1991.
This is a relatively tall building with a total of 200 floors.
Finally, 516 Bay Street was most recently sold on Dec 1, 2020 for $1,565,000.
The market value for the land that the building sits on has been listed at $183,300.
In addition, improvements upon the building have an added value of $1,320,500.
In total, the total market value of the property as a whole is $1,503,800.
According to local assessors, the total value of the building is currently valued at $1,350,467.
The building was last assessed in 2023.
There are another one buildings located on the same land that 516 Bay Street was built on.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
The building depends on for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no available patio for tenants to enjoy. Instead, they will have access to a porch!
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
1991
Building
Subdivision
TAYLOR ROBERT L LANDS
Standard Land Use Code
1100
County Land Use Code
B113
Legal Description 1
LOT 1B 2.3819 ACS BAY ST EXTD RESUB LOT 1A & 1B
Neighborhood
School District Name
Worcester County Public Schools
Census - Combined Statistical Area - Area Code
480
Census - Combined Statistical Area - Area Name
Salisbury-Cambridge, MD-DE
Census - County FIPS
24047
Census - Full FIPS
240479510003007
Census - Metro Micro Statistical Area - Area Code
41540
Census - Metro Micro Statistical Area - Area Name
Salisbury, MD-DE
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2406800
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2400720
School District - Unified - Name
Worcester County Public Schools
Geography
Assessors Map Reference
301 20 867
Valuation
Timestamp
2023-09-26 01:52:52
More About The Building
In total, the building area is listed as 2,752 square feet.
The building itself has 2,752 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The quality of the contraction has been rated as .
The building class code for 516 Bay Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
The overall condition of the building is considered to be good.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the 21811 area have a median price of $2,325.
Those in the 25th percentile, have a price around $2,149.
While those in the 75th percentile, have a price around $2,613.
Typically, the buildings in this area have a median sqft of 1,382.
That means that the median price per sqft is around $18.
In other words, the price per sqft for buildings in the 25th percentile is $15.
While the price per sqft for buildings in the 75th percentile is $23.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently no one bedroom listings being advertised in the area.
- There is currently a single advertised two bedroom listing.
The median price for these types of listings is $1,295.
That's $14.13 price per sqft.
- There are currently a total of 8 three bedroom listings.
The median price for these types of listings is $2,275.
That's $22.05 price per sqft.
- There are currently a total of 3 four bedroom listings.
The median price for these types of listings is $4,500.
That's $16.73 price per sqft.
About The Area
516 Bay Street is located in 21811.
There are 22,026 people living here.
There are 9,231 households.
Most of these households have an average family size of 2.86 people.
According to the census, 19% are currently renting while 81% own their homes.
The median age of this population is around 52.9 years old.
On average, most folks in the zipcode are married.
About 5% of folks speak a language other than English in this area.
The area's employment rate is currently around 53.3%.
Speaking of employment, the median income is $62,286.
Most folks will commute by car for around 25.0 minutes.
Finally, we know that 28% of residents in the area have graduated with their high school degree.
Additionally, 21% and 13% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Worcester County, Maryland has a population of 51,441 people.
Based on census records, there are 21,010 registered households.
Families in this area are on average made up of 2.98 people per household.
Most folks are unmarried.
They are also typically around 49.4 years old.
Does diversity matter to you? Right now, 5% of folks speak a language other than English here.
About 25% rent while 75% purchased their homes.
Right now, the community is made up of 32% of residents who have graduated with at least a high school degree.
On top of that, 19% have a Bachelor's degree and 11% have a Master's degree.
The employment rate is currently around 54.8%.
Those employed, have a median income of $57,227.
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