12523 Rumgate Rd Ocean City, MD 21842
West Ocean City NeighborhoodEstimated Value: $375,012 - $746,000
--
Bed
1
Bath
876
Sq Ft
$587/Sq Ft
Est. Value
About This Home
This home is located at 12523 Rumgate Rd, Ocean City, MD 21842 and is currently estimated at $514,253, approximately $587 per square foot. 12523 Rumgate 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
Oct 4, 2011
Sold by
Lutz R Donald and Capitola Lutz N
Bought by
The Lutz Family Trust
Current Estimated Value
Purchase Details
Closed on
Sep 12, 2011
Sold by
Lutz Michael D and Capitola Lutz N
Bought by
The Lutz Family Trust
Purchase Details
Closed on
Mar 6, 1985
Sold by
Miller Alfred Neal
Bought by
Capitola Lutz R and Capitola N
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Lutz Family Trust | -- | -- | |
| The Lutz Family Trust | -- | None Available | |
| The Lutz Family Trust | -- | -- | |
| Capitola Lutz R | $55,100 | -- |
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 | $2,902 | $314,400 | $176,200 | $138,200 |
| 2024 | $2,642 | $277,300 | $0 | $0 |
| 2023 | $2,289 | $240,200 | $0 | $0 |
| 2022 | $1,935 | $203,100 | $156,200 | $46,900 |
| 2021 | $1,913 | $199,900 | $0 | $0 |
| 2020 | $1,882 | $196,700 | $0 | $0 |
| 2019 | $1,852 | $193,500 | $169,100 | $24,400 |
| 2018 | $1,816 | $192,600 | $0 | $0 |
| 2017 | $1,815 | $191,700 | $0 | $0 |
| 2016 | $1,708 | $190,800 | $0 | $0 |
| 2015 | $1,708 | $190,800 | $0 | $0 |
| 2014 | $1,708 | $190,800 | $0 | $0 |
Source: Public Records
Map
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