NOT LISTED FOR SALE

12623 Quay Ln Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $742,000 - $1,200,000

6 Beds
5 Baths
4,596 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 12623 Quay Ln, Ocean City, MD 21842 and is currently estimated at $1,022,418, approximately $222 per square foot. 12623 Quay Ln 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
Nov 25, 2014
Sold by
Hutchins Robert
Bought by
Hutchins Vera
Current Estimated Value
$1,022,418

Purchase Details

Closed on
Jan 28, 2008
Sold by
Vera Hutchins
Bought by
Vera Hutchins and Hutchins Robert W L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Outstanding Balance
$456,118
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$566,300

Purchase Details

Closed on
Dec 26, 2007
Sold by
Vera Hutchins
Bought by
Vera Hutchins and Hutchins Robert W L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Outstanding Balance
$456,118
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$566,300

Purchase Details

Closed on
Feb 26, 2004
Sold by
Kress Franklin J
Bought by
Vera Hutchins
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hutchins Vera -- None Available
Vera Hutchins -- --
Vera Hutchins -- --
Vera Hutchins $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Hutchins $717,500
Closed Vera Hutchins $717,500
Closed Vera Hutchins --
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 $6,444 $826,100 $202,900 $623,200
2024 $6,404 $759,533 $0 $0
2023 $6,165 $692,967 $0 $0
2022 $5,938 $626,400 $187,900 $438,500
2021 $5,786 $604,633 $0 $0
2020 $5,578 $582,867 $0 $0
2019 $5,370 $561,100 $187,900 $373,200
2018 $5,240 $555,800 $0 $0
2017 $5,213 $550,500 $0 $0
2016 -- $545,200 $0 $0
2015 $4,737 $545,200 $0 $0
2014 $4,737 $545,200 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12623 Quay Ln, Ocean City, MD

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