NOT LISTED FOR SALE

12216 Ocean Gateway Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $5,206,920

-- Bed
-- Bath
9,722 Sq Ft
$536/Sq Ft Est. Value

About This Home

This home is located at 12216 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $5,206,920, approximately $535 per square foot. 12216 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
May 20, 2008
Sold by
Up The Creek Llc
Bought by
Ocean Creek Llc
Current Estimated Value
$5,206,920

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
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2008
Sold by
Up The Creek Llc
Bought by
Ocean Creek Llc

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
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Bird Nest Inc
Bought by
Up The Creek Llc
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
Ocean Creek Llc $3,500,000 --
Ocean Creek Llc $3,500,000 --
Up The Creek Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reet Reet Inc $656,000
Closed Ocean Creek Llc $100,000
Open Ocean Creek Llc $2,800,000
Closed Ocean Creek Llc $2,800,000
Previous Owner Up The Creek Llc $2,800,000
Previous Owner Up The Creek Llc $2,800,000
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 $18,491 $1,934,500 $695,000 $1,239,500
2023 $18,441 $1,929,233 $0 $0
2022 $18,391 $1,923,967 $0 $0
2021 $18,422 $1,918,700 $788,800 $1,129,900
2020 $17,776 $1,851,233 $0 $0
2019 $17,131 $1,783,767 $0 $0
2018 $14,988 $1,716,300 $788,200 $928,100
2017 $15,048 $1,582,667 $0 $0
2016 -- $1,449,033 $0 $0
2015 -- $1,315,400 $0 $0
2014 $13,267 $1,315,400 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12216 Ocean Gateway, Ocean City, MD

This home is located at 12216 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $5,206,920, approximately $535 per square foot. 12216 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.

Nearby Homes