NOT LISTED FOR SALE

12950 Old Bridge Rd Ocean City, MD 21842

West Ocean City Neighborhood

Estimated Value: $809,000 - $1,636,601

0.39 Acre
$2,911,923 Price per Acre
16,988 Sq Ft Lot

Last Sold May 17, 2013

Last sale price $389,900

Est. 191% increase in value since last sale

Current estimated payment $6,667/month

Highlights

  • Bay View
  • 0.39 Acre Lot
  • No HOA
  • Ocean City Elementary School Rated A

About This Lot

As of May 2013

Large lot on Old Bridge Rd near Martha's Landing with water views to the north. Great West Ocean City location. Lot has access to public water and sewer.

Last Agent to Sell the Property

Denise Milko

gotmilko@holidayoc.com Holiday Real Estate Listed on: 04/05/2013

Co-Listed By

Randolph Million

noreply@brightmls.cominactive Coldwell Banker Bud Church Realty,Inc.

Last Buyer's Agent

Nanette Pavier

(443) 235-3498 nanpavier@holidayoc.com Holiday Real Estate License #520351

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,474

Lot Details

  • 0.39 Acre Lot
  • Cleared Lot
  • Zoning described as R5

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Additional Features

  • Bay Views
  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 015561

Property Details

Property Type

Land

Est. Annual Taxes

$7,474

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Large lot on Old Bridge Rd near Martha's Landing with water views to the north. Great West Ocean City location. Lot has access to public water and sewer.
  • Special Features: None

Interior Features

  • Street Number Modifier: 12950

Exterior Features

  • Construction Completed: No
  • View: Bay, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.39
  • Possible Use: Residential
  • Zoning Description: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5398470
  • Assessor Parcel Number: 015561
  • Tax Lot: 54
  • County Tax Payment Frequency: Annually
  • Close Date: 05/17/2013

Multi Family

  • Federal Flood Zone: A

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
May 17, 2013
Sold by
Million Peggy A
Bought by
13002 Old Bridge Road Llc
Seller's Agent
Denise Milko
Holiday Real Estate
Buyer's Agent
Nanette Pavier
Holiday Real Estate
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$1,135,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,750
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Mar 17, 2003
Sold by
Hbs Title Enterprises Inc
Bought by
Million Alvin L and Million Peggy A

Purchase Details

Closed on
Oct 4, 2002
Sold by
Sanctuary Development Corp The
Bought by
Hbs Title Enterprises Inc

Purchase Details

Closed on
Jun 24, 1997
Sold by
Marine Developers Inc
Bought by
Paglierani Louie J and Paglierani Beatrice M
Source: Public Records

Range of Values:

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Average Value
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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
13002 Old Bridge Road Llc $389,900 None Available
Million Alvin L -- --
Hbs Title Enterprises Inc $350,000 --
Paglierani Louie J $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $389,900 0.0% --
05/16/2013 05/16/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $389,900 -- --
Source: Bright MLS

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 $7,474 $883,800 $398,400 $485,400
2024 $7,474 $784,400 $0 $0
2023 $6,527 $685,000 $0 $0
2022 $5,579 $585,600 $314,000 $271,600
2021 $2,871 $300,000 $300,000 $0
2020 $3,546 $370,500 $370,500 $0
2019 $3,546 $370,500 $370,500 $0
2018 $3,364 $356,800 $0 $0
2017 $3,249 $343,100 $0 $0
2016 -- $329,400 $0 $0
2015 $2,684 $329,400 $0 $0
2014 $2,684 $329,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Denise Milko

    Holiday Real Estate

  • R

    Seller Co-Listing Agent in 2013

    Randolph Million

    Coldwell Banker Bud Church Realty,Inc.

  • Nanette Pavier

    Buyer's Agent in 2013

    Nanette Pavier

    Holiday Real Estate

    (443) 235-3498

    9 in this area

    60 Total Sales

    Nanette Pavier
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Map

Source: Bright MLS

MLS Number: 1000861452

Bright MLS

APN: 10-015561

Maryland Worcester County Ocean City 21842 West Ocean City

12950 Old Bridge Rd, Ocean City, MD

This home is located at 12950 Old Bridge Rd, Ocean City, MD 21842 since 05 April 2013 and is currently estimated at $1,135,650. 12950 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.

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