NOT LISTED FOR SALE

12607 Ocean Gateway Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $382,550

-- Bed
-- Bath
672 Sq Ft
$569/Sq Ft Est. Value

About This Home

This home is located at 12607 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $382,550, approximately $569 per square foot. 12607 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
Dec 28, 2020
Sold by
Wick S Inc
Bought by
Popeyes Condo Llc
Current Estimated Value
$382,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Outstanding Balance
$153,707
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$228,843

Purchase Details

Closed on
Nov 6, 1986
Sold by
Stein Elwood E
Bought by
Wick'S Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.89%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Popeyes Condo Llc $265,000 None Available
Wick'S Inc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popeyes Condo Llc $172,250
Previous Owner Wick'S Inc $45,000
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 $2,465 $276,767 $0 $0
2024 $2,465 $258,700 $229,500 $29,200
2023 $2,465 $258,700 $229,500 $29,200
2022 $2,465 $258,700 $229,500 $29,200
2021 $3,165 $330,700 $300,900 $29,800
2020 $2,788 $291,300 $0 $0
2019 $2,411 $251,900 $0 $0
2018 $1,983 $212,500 $185,900 $26,600
2017 $1,914 $207,300 $0 $0
2016 $1,914 $202,100 $0 $0
2015 $1,749 $196,900 $0 $0
2014 $1,749 $196,900 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12607 Ocean Gateway, Ocean City, MD

This home is located at 12607 Ocean Gateway, Ocean City, MD 21842 and is currently estimated at $382,550, approximately $569 per square foot. 12607 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.

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