12 56th St Unit 102 Ocean City, MD 21842
Estimated Value: $371,413 - $399,000
--
Bed
2
Baths
935
Sq Ft
$409/Sq Ft
Est. Value
About This Home
This home is located at 12 56th St Unit 102, Ocean City, MD 21842 and is currently estimated at $382,103, approximately $408 per square foot. 12 56th St Unit 102 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
Jan 22, 2025
Sold by
Hertz Raymond M and Book Stanley
Bought by
Hammond Michael and Hammond Catherine
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
$266,000
Outstanding Balance
$264,233
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$117,870
Purchase Details
Closed on
Oct 15, 1997
Sold by
Raymond Hertz
Bought by
Raymond Hertz and Book & L J Brill Et Al
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hammond Michael | $380,000 | Eagle Title | |
| Hammond Michael | $380,000 | Eagle Title | |
| Raymond Hertz | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hammond Michael | $266,000 | |
| Closed | Hammond Michael | $266,000 |
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 |
|---|---|---|---|---|
| 2025 | $3,987 | $291,967 | $0 | $0 |
| 2024 | $3,582 | $256,733 | $0 | $0 |
| 2023 | $3,113 | $221,500 | $110,700 | $110,800 |
| 2022 | $3,113 | $221,500 | $110,700 | $110,800 |
| 2021 | $3,130 | $221,500 | $110,700 | $110,800 |
| 2020 | $3,130 | $221,500 | $110,700 | $110,800 |
| 2019 | $3,151 | $221,500 | $110,700 | $110,800 |
| 2018 | $3,120 | $221,500 | $110,700 | $110,800 |
| 2017 | $3,447 | $244,000 | $0 | $0 |
| 2016 | -- | $228,733 | $0 | $0 |
| 2015 | $3,512 | $213,467 | $0 | $0 |
| 2014 | $3,512 | $198,200 | $0 | $0 |
Source: Public Records
Map
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