NOT LISTED FOR SALE

Rainbow Condominiums 11200 Coastal Hwy Ocean City, MD 21842

Estimated Value: $797,000 - $942,000

3 Beds
2 Baths
1,538 Sq Ft
$564/Sq Ft Est. Value

About This Home

This home is located at 11200 Coastal Hwy, Ocean City, MD 21842 and is currently estimated at $867,424, approximately $563 per square foot. 11200 Coastal Hwy is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2018
Sold by
Mazerski Thomas E and Mazerski Deborah
Bought by
Lightner Ralph Gabriel and Lightner Christina Duranne
Current Estimated Value
$867,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Outstanding Balance
$418,050
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$457,107

Purchase Details

Closed on
Oct 3, 2005
Sold by
Leonard Frier and Leonard Marcia G
Bought by
Mazerski Thomas E and Mazerski Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1984
Sold by
The Patt Organization Inc
Bought by
Frier Leonard and Frier Marcia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
13.14%
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
Lightner Ralph Gabriel $598,000 Ocean Investments Title Corp
Mazerski Thomas E $700,000 --
Frier Leonard $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightner Ralph Gabriel $478,400
Previous Owner Mazerski Thomas E $560,000
Previous Owner Frier Leonard $140,000
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 $7,761 $566,433 $0 $0
2024 $7,761 $556,167 $0 $0
2023 $7,672 $545,900 $382,100 $163,800
2022 $7,528 $535,667 $0 $0
2021 $7,425 $525,433 $0 $0
2020 $7,279 $515,200 $360,600 $154,600
2019 $7,125 $500,833 $0 $0
2018 $6,852 $486,467 $0 $0
2017 $6,702 $472,100 $0 $0
2016 -- $472,100 $0 $0
2015 $6,699 $472,100 $0 $0
2014 $6,699 $472,100 $0 $0
Source: Public Records

About Rainbow Condominiums

Map

Maryland Worcester County Ocean City 21842

11200 Coastal Hwy, Ocean City, MD

This home is located at 11200 Coastal Hwy, Ocean City, MD 21842 and is currently estimated at $867,424, approximately $563 per square foot. 11200 Coastal Hwy 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.

Nearby Homes