NOT LISTED FOR SALE

12938 Old Bridge Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $1,762,000 - $4,859,000

-- Bed
1 Bath
6,184 Sq Ft
$588/Sq Ft Est. Value

About This Home

This home is located at 12938 Old Bridge Rd, Ocean City, MD 21842 and is currently estimated at $3,637,833, approximately $588 per square foot. 12938 Old Bridge Rd 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, 2021
Sold by
Timmons Jr Bonard B
Bought by
Keller Old Bridge Llc
Current Estimated Value
$3,637,833

Purchase Details

Closed on
Jun 20, 2017
Sold by
Keller Phillip and Keller Jay
Bought by
Keller Old Bridge Llc

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
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2016
Sold by
Tinkler Brian G and Tinkler Elizabeth A
Bought by
Keller Phillip and Keller Jay

Purchase Details

Closed on
Mar 13, 2003
Sold by
Martha'S Landing Llc
Bought by
Tinkler Brian G and Tinkler Elizabeth
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
Keller Old Bridge Llc $1,600,000 Ocean Investments Title
Keller Old Bridge Llc -- None Available
Keller Phillip $749,000 Ocean Investments Title Corp
Tinkler Brian G $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Old Bridge Llc $500,000
Closed Tinkler Brian 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 $27,437 $3,463,100 $725,600 $2,737,500
2024 $27,437 $2,879,700 $0 $0
2023 $21,879 $2,296,300 $0 $0
2022 $16,320 $1,712,900 $725,600 $987,300
2021 $16,210 $1,693,867 $0 $0
2020 $6,848 $1,407,555 $0 $0
2019 $6,847 $715,500 $711,600 $3,900
2018 $6,212 $658,833 $0 $0
2017 $5,703 $602,167 $0 $0
2016 -- $545,500 $0 $0
2015 $5,240 $545,500 $0 $0
2014 $5,240 $545,500 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842 West Ocean City

12938 Old Bridge Rd, Ocean City, MD

This home is located at 12938 Old Bridge Rd, Ocean City, MD 21842 and is currently estimated at $3,637,833, approximately $588 per square foot. 12938 Old Bridge Rd 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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