NOT LISTED FOR SALE

1511 Ocean Hwy Pocomoke City, MD 21851

Estimated Value: $888,819

-- Bed
-- Bath
3,680 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1511 Ocean Hwy, Pocomoke City, MD 21851 and is currently estimated at $888,819, approximately $241 per square foot. 1511 Ocean Hwy is a home located in Worcester County with nearby schools including Pocomoke Elementary School, Pocomoke Middle School, and Pocomoke High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Pocomoke Ydi Llc
Bought by
Peninsula Health Ventures Inc
Current Estimated Value
$888,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,913,000
Outstanding Balance
$4,891,276
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$4,002,457

Purchase Details

Closed on
Nov 12, 2010
Sold by
Gemmel Edward F
Bought by
Pocomoke Ydi Llc

Purchase Details

Closed on
Sep 29, 2009
Sold by
Lankford Kenneth L
Bought by
Gemmel Edward F and Sweitzer Beverly R

Purchase Details

Closed on
Sep 26, 2006
Sold by
Gemmel Edward F
Bought by
Lankford Kenneth L

Purchase Details

Closed on
Sep 15, 2006
Sold by
Gemmel Edward F
Bought by
Lankford Kenneth L

Purchase Details

Closed on
May 25, 2006
Sold by
Outten Bruce P
Bought by
Gemmel Edward F and Sweitzer Beverly R

Purchase Details

Closed on
May 15, 2006
Sold by
Outten Bruce P
Bought by
Gemmel Edward F and Sweitzer Beverly R

Purchase Details

Closed on
Mar 19, 2004
Sold by
Renshaw Bennett M
Bought by
Outten Bruce P
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

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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
Peninsula Health Ventures Inc $864,065 None Listed On Document
Peninsula Health Ventures Inc $864,065 None Listed On Document
Pocomoke Ydi Llc $220,000 --
Gemmel Edward F $180,000 --
Lankford Kenneth L $375,000 --
Lankford Kenneth L $375,000 --
Gemmel Edward F $260,000 --
Gemmel Edward F $260,000 --
Outten Bruce P $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peninsula Health Ventures Inc $4,913,000
Closed Peninsula Health Ventures Inc $4,913,000
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 $15,482 $755,800 $166,500 $589,300
2024 $15,429 $742,433 $0 $0
2023 $15,152 $729,067 $0 $0
2022 $14,874 $715,700 $166,500 $549,200
2021 $14,608 $699,567 $0 $0
2020 $14,271 $683,433 $0 $0
2019 $13,934 $667,300 $166,500 $500,800
2018 $6,319 $667,300 $166,500 $500,800
2017 $13,867 $667,300 $0 $0
2016 -- $742,900 $0 $0
2015 -- $742,900 $0 $0
2014 $12,092 $742,900 $0 $0
Source: Public Records

Map

Maryland Worcester County Pocomoke City 21851

1511 Ocean Hwy, Pocomoke City, MD

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