NOT LISTED FOR SALE

12552 Ocean Gateway Ocean City, MD 21842

West Ocean City Neighborhood
-- Bed
-- Bath
46,424 Sq Ft
2.59 Acres

About This Home

This home is located at 12552 Ocean Gateway, Ocean City, MD 21842. 12552 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
Mar 1, 2011
Sold by
Wilmington Savings Fund
Bought by
West Ocean City Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,500
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2011
Sold by
Wilmington Savings Fund
Bought by
West Ocean City Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,500
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2008
Sold by
Daniel Investments Llc
Bought by
Wilmington Savings Fund and Society Fsb

Purchase Details

Closed on
Aug 27, 2008
Sold by
Daniel Investments Llc
Bought by
Wilmington Savings Fund and Society Fsb

Purchase Details

Closed on
Sep 2, 2005
Sold by
Jcb Holding Llc
Bought by
Daniel Investments Llc

Purchase Details

Closed on
Jul 29, 1999
Sold by
Hew Limited Partnership R
Bought by
Jcb Holding Llc
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
West Ocean City Investments Llc $745,000 --
West Ocean City Investments Llc $745,000 --
Wilmington Savings Fund $1,300,000 --
Wilmington Savings Fund $1,300,000 --
Daniel Investments Llc $1,950,000 --
Jcb Holding Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed West Ocean City Investments Llc $372,500
Closed West Ocean City Investments Llc $372,500
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 $68,178 $6,924,900 $2,491,700 $4,433,200
2024 $68,178 $7,155,700 $1,889,800 $5,265,900
2023 $68,480 $7,155,700 $1,889,800 $5,265,900
2022 $68,178 $7,155,700 $1,889,800 $5,265,900
2021 $87,365 $9,129,100 $2,087,100 $7,042,000
2020 $83,866 $8,763,433 $0 $0
2019 $80,367 $8,397,767 $0 $0
2018 $74,276 $8,032,100 $1,576,500 $6,455,600
2017 $74,276 $7,843,267 $0 $0
2016 -- $7,654,433 $0 $0
2015 -- $7,465,600 $0 $0
2014 $14,578 $1,485,000 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12552 Ocean Gateway, Ocean City, MD

This home is located at 12552 Ocean Gateway, Ocean City, MD 21842. 12552 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.

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