NOT LISTED FOR SALE

10720 Ocean Gateway Berlin, MD 21811

Estimated Value: $597,181

-- Bed
-- Bath
8,765 Sq Ft
$68/Sq Ft Est. Value

About This Home

This home is located at 10720 Ocean Gateway, Berlin, MD 21811 and is currently estimated at $597,181, approximately $68 per square foot. 10720 Ocean Gateway is a home located in Worcester County with nearby schools including Buckingham Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Myers Allen C and Michael G Myers Revocable Trust
Bought by
Maru Properties Llc
Current Estimated Value
$597,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$576,109
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$21,072

Purchase Details

Closed on
Oct 31, 2016
Sold by
Myers Michael Gregory
Bought by
Myres Michael G

Purchase Details

Closed on
Dec 3, 2011
Sold by
Myers Michael Gregory
Bought by
Myers Michael G and Martin Diane P

Purchase Details

Closed on
Aug 31, 1984
Sold by
Merritt Savings & Loan
Bought by
Myers Michael Gregory and Myers Starr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
14.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maru Properties Llc $580,000 First American Title
Maru Properties Llc $580,000 First American Title
Myres Michael G -- None Available
Myers Michael G -- Ocean Investments Title Corp
Myers Michael Gregory $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maru Properties Llc $585,000
Closed Maru Properties Llc $585,000
Previous Owner Myers Michael Gregory $76,800
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,411 $650,000 $588,000 $62,000
2024 $13,737 $770,033 $0 $0
2023 $11,876 $665,267 $0 $0
2022 $9,945 $560,500 $431,200 $129,300
2021 $5,230 $540,200 $0 $0
2020 $5,035 $519,900 $0 $0
2019 $4,841 $499,600 $356,200 $143,400
2018 $4,781 $499,600 $356,200 $143,400
2017 $4,791 $499,600 $0 $0
2016 -- $538,300 $0 $0
2015 $4,889 $531,733 $0 $0
2014 $4,889 $525,167 $0 $0
Source: Public Records

Map

Maryland Worcester County Berlin 21811

10720 Ocean Gateway, Berlin, MD

Not Listed for Sale

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