NOT LISTED FOR SALE

12211 Ocean Gateway Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $400,717 - $496,000

-- Bed
3 Baths
2,216 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 12211 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $449,929, approximately $203 per square foot. 12211 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
Jun 16, 2005
Sold by
Drew Mildred G and Drew Mark Stephen
Bought by
Kramer Jojn J and Kramer Shirl A
Current Estimated Value
$449,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$129,727
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$327,811

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
Kramer Jojn J $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Jojn J $240,000
Closed Kramer John J $240,000
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 $1,927 $195,967 $0 $0
2023 $1,711 $173,233 $0 $0
2022 $1,494 $150,500 $84,500 $66,000
2021 $1,500 $150,433 $0 $0
2020 $1,499 $150,367 $0 $0
2019 $1,498 $150,300 $84,500 $65,800
2018 $1,477 $150,300 $84,500 $65,800
2017 $1,483 $150,300 $0 $0
2016 -- $158,400 $0 $0
2015 $1,458 $158,400 $0 $0
2014 $1,458 $158,400 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12211 Ocean Gateway, Ocean City, MD

Homes for Sale in Ocean City, MD

This home is located at 12211 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $449,929, approximately $203 per square foot. 12211 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.

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