NOT LISTED FOR SALE

Rainbow Condominiums 11200 Coastal Hwy Ocean City, MD 21842

Estimated Value: $653,921 - $764,000

-- Bed
2 Baths
1,372 Sq Ft
$515/Sq Ft Est. Value

About This Home

This home is located at 11200 Coastal Hwy, Ocean City, MD 21842 and is currently estimated at $706,480, approximately $514 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
Nov 23, 2022
Sold by
Sullivan Steven W
Bought by
Kelley Sullivan Trust and Steven Sullivan Trust
Current Estimated Value
$706,480

Purchase Details

Closed on
Aug 7, 2006
Sold by
Sax Robert K
Bought by
Sullivan Steven W and Sullivan Kelley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2006
Sold by
Sax Robert K
Bought by
Sullivan Steven W and Sullivan Kelley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Grant Robert E
Bought by
Sax Robert K and Sax Sharon E

Purchase Details

Closed on
Jan 29, 2002
Sold by
Razzak Ibrahim A
Bought by
Grant Robert and Grant Julia
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kelley Sullivan Trust -- --
Sullivan Steven W $635,000 --
Sullivan Steven W $635,000 --
Sax Robert K $485,000 --
Grant Robert $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Kelly W $294,750
Previous Owner Sullivan Steven W $508,000
Previous Owner Sullivan Steven W $508,000
Closed Grant Robert --
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 $6,024 $476,500 $0 $0
2024 $6,024 $431,700 $0 $0
2023 $5,437 $386,900 $270,800 $116,100
2022 $5,341 $380,033 $0 $0
2021 $5,273 $373,167 $0 $0
2020 $5,175 $366,300 $256,400 $109,900
2019 $5,165 $363,100 $0 $0
2018 $5,069 $359,900 $0 $0
2017 $5,039 $356,700 $0 $0
2016 -- $356,700 $0 $0
2015 $4,758 $356,700 $0 $0
2014 $4,758 $356,700 $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 $706,480, approximately $514 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.

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