NOT LISTED FOR SALE

12537 Ocean Reef Dr Berlin, MD 21811

West Ocean City Neighborhood

Estimated Value: $1,040,000 - $3,166,000

6 Beds
4 Baths
4,496 Sq Ft
$531/Sq Ft Est. Value

About This Home

This home is located at 12537 Ocean Reef Dr, Berlin, MD 21811 and is currently estimated at $2,386,225, approximately $530 per square foot. 12537 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
Feb 10, 2012
Sold by
Baily Kristin
Bought by
Watts Otis
Current Estimated Value
$2,271,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2009
Sold by
Baily W Scott and Baily Kristin K
Bought by
Baily Kristin K

Purchase Details

Closed on
Sep 19, 2000
Sold by
Ocean Reef Inc
Bought by
Bailey Scott and Bailey Kristin
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
Watts Otis $1,425,000 Colony Title Group Ltd
Baily Kristin K -- --
Baily Kristin -- --
Bailey Scott $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Otis $1,100,000
Previous Owner Watts Otis $625,000
Previous Owner Baily Scott $568,000
Previous Owner Baily Scott $150,000
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
2025 $17,673 $2,174,200 $432,600 $1,741,600
2024 $17,673 $1,854,867 $0 $0
2023 $14,630 $1,535,533 $0 $0
2022 $11,588 $1,216,200 $432,600 $783,600
2021 $11,639 $1,216,200 $432,600 $783,600
2020 $11,639 $1,216,200 $432,600 $783,600
2019 $11,888 $1,242,200 $483,200 $759,000
2018 $11,360 $1,204,933 $0 $0
2017 $11,058 $1,167,667 $0 $0
2016 -- $1,130,400 $0 $0
2015 $6,241 $1,041,333 $0 $0
2014 $6,241 $952,267 $0 $0
Source: Public Records

Map

Maryland Worcester County Berlin 21811 West Ocean City

12537 Ocean Reef Dr, Berlin, MD

This home is located at 12537 Ocean Reef Dr, Berlin, MD 21811 and is currently estimated at $2,386,225, approximately $530 per square foot. 12537 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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