NOT LISTED FOR SALE

12528 Ocean Reef Dr Berlin, MD 21811

West Ocean City Neighborhood

Estimated Value: $866,000 - $1,102,000

-- Bed
4 Baths
3,613 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 12528 Ocean Reef Dr, Berlin, MD 21811 and is currently estimated at $945,239, approximately $261 per square foot. 12528 Ocean Reef Dr 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 11, 2005
Sold by
Matha Michael G
Bought by
Suzanne Varone and Talley Paul H
Current Estimated Value
$945,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$261,175
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$684,064

Purchase Details

Closed on
May 6, 2005
Sold by
Matha Michael G
Bought by
Suzanne Varone and Talley Paul H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$261,175
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$684,064

Purchase Details

Closed on
Aug 28, 2001
Sold by
Mcateer Patrick B
Bought by
Matha Michael G and Petruzzo Gina S
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Suzanne Varone $739,900 --
Suzanne Varone $739,900 --
Matha Michael G $363,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suzanne Varone $500,000
Closed Suzanne Varone $500,000
Previous Owner Petruzzo Gina S $314,000
Closed Matha Michael G --
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
2025 $6,496 $778,500 $253,600 $524,900
2024 $6,496 $681,833 $0 $0
2023 $5,575 $585,167 $0 $0
2022 $4,654 $488,500 $126,000 $362,500
2021 $4,675 $488,500 $126,000 $362,500
2020 $4,675 $488,500 $126,000 $362,500
2019 $4,744 $495,700 $143,000 $352,700
2018 $4,585 $486,267 $0 $0
2017 $4,516 $476,833 $0 $0
2016 -- $467,400 $0 $0
2015 $4,125 $467,400 $0 $0
2014 $4,125 $467,400 $0 $0
Source: Public Records

Map

Maryland Worcester County Berlin 21811 West Ocean City

12528 Ocean Reef Dr, Berlin, MD

This home is located at 12528 Ocean Reef Dr, Berlin, MD 21811 and is currently estimated at $945,239, approximately $261 per square foot. 12528 Ocean Reef Dr 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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