10818 Ocean Gateway Berlin, MD 21811
Estimated Value: $3,631,515
--
Bed
2
Baths
9,840
Sq Ft
$369/Sq Ft
Est. Value
About This Home
This home is located at 10818 Ocean Gateway, Berlin, MD 21811 and is currently estimated at $3,631,515, approximately $369 per square foot. 10818 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
May 18, 2017
Sold by
Ocean Exchange Ii Llc
Bought by
Tej Shiv Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,416,227
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$2,250,509
Purchase Details
Closed on
Sep 30, 2003
Sold by
Scott Josephine H
Bought by
Ocean Exchange Ii Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Tej Shiv Llc | $2,100,000 | None Available | |
Ocean Exchange Ii Llc | $500,000 | -- | |
Ocean Exchange Ii Llc | $300,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Tej Shiv Llc | $1,680,000 | |
Previous Owner | Ocean Exchange Ii Llc | $700,000 | |
Closed | Ocean Exchange Ii Llc | -- |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $19,672 | $2,064,700 | $0 | $0 |
2023 | $19,482 | $2,044,800 | $0 | $0 |
2022 | $19,293 | $2,024,900 | $845,000 | $1,179,900 |
2021 | $18,402 | $1,922,833 | $0 | $0 |
2020 | $17,425 | $1,820,767 | $0 | $0 |
2019 | $16,448 | $1,718,700 | $672,500 | $1,046,200 |
2018 | $16,276 | $1,718,700 | $672,500 | $1,046,200 |
2017 | $16,276 | $1,718,700 | $0 | $0 |
2016 | -- | $1,788,100 | $0 | $0 |
2015 | -- | $1,750,933 | $0 | $0 |
2014 | $2,297 | $1,713,767 | $0 | $0 |
Source: Public Records
Map
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