12240 W Torquay Rd Ocean City, MD 21842
West Ocean City NeighborhoodEstimated Value: $515,420 - $774,000
--
Bed
3
Baths
2,792
Sq Ft
$234/Sq Ft
Est. Value
About This Home
This home is located at 12240 W Torquay Rd, Ocean City, MD 21842 and is currently estimated at $652,855, approximately $233 per square foot. 12240 W Torquay Rd 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 19, 2001
Sold by
Lott Thomas R
Bought by
Lott Thomas Richard Trustee
Current Estimated Value
Purchase Details
Closed on
Nov 30, 1984
Sold by
Collins David James
Bought by
Lott Thomas R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
13.42%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lott Thomas Richard Trustee | -- | -- | |
Lott Thomas R | $51,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Lott Thomas R | $41,000 |
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 | $3,937 | $473,500 | $122,000 | $351,500 |
2024 | $3,937 | $413,267 | $0 | $0 |
2023 | $3,379 | $353,033 | $0 | $0 |
2022 | $2,790 | $292,800 | $122,000 | $170,800 |
2021 | $2,645 | $276,433 | $0 | $0 |
2020 | $2,489 | $260,067 | $0 | $0 |
2019 | $2,332 | $243,700 | $122,000 | $121,700 |
2018 | $2,308 | $243,700 | $122,000 | $121,700 |
2017 | $2,308 | $243,700 | $0 | $0 |
2016 | -- | $247,200 | $0 | $0 |
2015 | -- | $241,100 | $0 | $0 |
2014 | $1,455 | $235,000 | $0 | $0 |
Source: Public Records
Map
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