NOT LISTED FOR SALE

13450 Madison Ave Ocean City, MD 21842

Estimated Value: $562,000 - $632,000

Studio
3 Baths
1,648 Sq Ft
$355/Sq Ft Est. Value

About This Home

This home is located at 13450 Madison Ave, Ocean City, MD 21842 and is currently estimated at $585,829, approximately $355 per square foot. 13450 Madison Ave 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
Feb 10, 2026
Sold by
Edward Lloyd and Ann Lloyd Karen
Bought by
Cordero Timothy and Cordero Rebecca N
Current Estimated Value
$585,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Outstanding Balance
$457,054
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$128,775

Purchase Details

Closed on
Apr 16, 2007
Sold by
Schaffer Muriel W
Bought by
Lloyd Richard Edward and Lloyd Karen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
Schaffer Muriel W
Bought by
Lloyd Richard Edward and Lloyd Karen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1993
Sold by
Business Venture Capital Inc
Bought by
Schaffer Muriel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cordero Timothy $610,000 Capitol Title
Lloyd Richard Edward $391,900 --
Lloyd Richard Edward $391,900 --
Schaffer Muriel W $128,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Cordero Timothy $457,500
Previous Owner Lloyd Richard Edward $200,000
Previous Owner Lloyd Richard Edward $200,000
Previous Owner Schaffer Muriel W $40,000
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 $3,270 $354,300 $177,100 $177,200
2024 $3,104 $325,733 $0 $0
2023 $2,844 $297,167 $0 $0
2022 $2,559 $268,600 $134,300 $134,300
2021 $2,571 $268,600 $134,300 $134,300
2020 $2,571 $268,600 $134,300 $134,300
2019 $2,571 $268,600 $134,300 $134,300
2018 $2,496 $264,733 $0 $0
2017 $76 $260,867 $0 $0
2016 -- $257,000 $0 $0
2015 $2,077 $257,000 $0 $0
2014 $2,077 $257,000 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

13450 Madison Ave, Ocean City, MD

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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