NOT LISTED FOR SALE

1102 Philadelphia Ave Ocean City, MD 21842

Estimated Value: $294,000 - $500,000

0.12 Acre
$3,236,108 Price per Acre
5,227 Sq Ft Lot

Last Sold May 18, 2012

Last sale price $142,155

Est. 173% increase in value since last sale

Current estimated payment $2,314/month

804 Days on Market

About This Lot

As of May 2012

Bank Owned. Pre-Approval or Proof of Fnds to accompany offer. Possible usage includes Professional offices, Banks, Bike Shops, Multi-Family Units, Parking Lot, etc.

Last Agent to Sell the Property

Carl Ortman

RE/MAX Premier Properties Listed on: 02/18/2010

Last Buyer's Agent

Katy Durham

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,569

Lot Details

  • 5,227 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R-3A

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Lateral or Tap On-Site

Community Details

  • No Home Owners Association
  • Hitchens & Trimper Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 35872

Property Details

Property Type

Land

Est. Annual Taxes

$2,569

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: Bank Owned. Pre-Approval or Proof of Fnds to accompany offer. Possible usage includes Professional offices, Banks, Bike Shops, Multi-Family Units, Parking Lot, etc.
  • Special Features: 20

Interior Features

  • Price Per Sq Ft: 30.22
  • Street Number Modifier: 1102

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap On Site
  • Water Sewer Expenses: 136.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Possible Use: Residential
  • Zoning: R-3A
  • Zoning Description: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5400072
  • Assessor Parcel Number: 35872
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Close Date: 05/18/2012

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2010
Closed on
Jun 27, 2012
Sold by
Essex Bank
Bought by
Amos Danelle M
Seller's Agent
Carl Ortman
RE/MAX Premier Properties
Buyer's Agent
Katy Durham
Coldwell Banker Realty
List Price
$319,900
Sold Price
$142,155
Premium/Discount to List
-$177,745
-55.56%
Current Estimated Value
$388,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,178
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Jan 6, 2010
Sold by
Hensley Lisa G
Bought by
Essex Bank

Purchase Details

Closed on
Nov 12, 2004
Sold by
Ragusa William
Bought by
Hensley Lisa G

Purchase Details

Closed on
Apr 23, 1998
Sold by
Bloecher Louetta R and Bloecher John C
Bought by
Ragusa William
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Amos Danelle M $142,200 --
Essex Bank $288,000 --
Hensley Lisa G $400,000 --
Ragusa William $116,902 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oc 10Th Street Properties Llc $300,000
Closed Ragusa William --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $142,155 -55.6% --
05/02/2012 05/02/12 Pending -- -- --
02/18/2010 02/18/10 For Sale $319,900 -- --
Source: Bright MLS

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 $2,569 $184,100 $184,100 $0
2024 $2,569 $184,100 $184,100 $0
2023 $2,587 $184,100 $184,100 $0
2022 $2,587 $184,100 $184,100 $0
2021 $2,602 $184,100 $184,100 $0
2020 $2,380 $184,100 $184,100 $0
2019 $2,387 $167,767 $0 $0
2018 $2,133 $151,433 $0 $0
2017 $1,918 $135,100 $0 $0
2016 -- $135,100 $0 $0
2015 $3,086 $135,100 $0 $0
2014 $3,086 $149,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carl Ortman

    RE/MAX

  • Katy Durham

    Buyer's Agent in 2012

    Katy Durham

    Coldwell Banker Realty

    (410) 726-2398

    54 in this area

    65 Total Sales

    Katy Durham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001301690

Bright MLS

APN: 10-035872

Maryland Worcester County Ocean City 21842

1102 Philadelphia Ave, Ocean City, MD

This home is located at 1102 Philadelphia Ave, Ocean City, MD 21842 since 18 February 2010 and is currently estimated at $388,333. 1102 Philadelphia Ave is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes