NOT LISTED FOR SALE

12046 Ocean Gateway Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $1,126,805

-- Bed
-- Bath
2,388 Sq Ft
$472/Sq Ft Est. Value

About This Home

This home is located at 12046 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $1,126,805, approximately $471 per square foot. 12046 Ocean Gateway 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
Apr 19, 2023
Sold by
Z-3 Enterprises Llc
Bought by
O2 Llc
Current Estimated Value
$1,126,805

Purchase Details

Closed on
Feb 22, 2006
Sold by
Ashe Harry V and Ashe Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2006
Sold by
Ashe Harry V and Ashe Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 1987
Sold by
Cahall Suzanne V
Bought by
Ashe Harry and Ashe Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.7%
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.

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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.

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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.

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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.

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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
O2 Llc $1,250,000 None Listed On Document
-- $800,000 --
-- $800,000 --
Ashe Harry $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Z-3 Enterprises Llc $225,000
Previous Owner -- $540,000
Previous Owner -- $540,000
Previous Owner Ashe Harry $100,000
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
2024 $5,130 $532,100 $460,300 $71,800
2023 $5,130 $532,100 $460,300 $71,800
2022 $5,130 $532,100 $460,300 $71,800
2021 $5,644 $583,500 $499,200 $84,300
2020 $5,644 $583,500 $499,200 $84,300
2019 $5,644 $583,500 $499,200 $84,300
2018 $5,668 $593,500 $499,200 $94,300
2017 $5,680 $593,500 $0 $0
2016 $8,577 $593,500 $0 $0
2015 $5,763 $594,800 $0 $0
2014 $5,763 $594,800 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12046 Ocean Gateway, Ocean City, MD

This home is located at 12046 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $1,126,805, approximately $471 per square foot. 12046 Ocean Gateway 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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