NOT LISTED FOR SALE

1540 Ocean Hwy Pocomoke City, MD 21851

Estimated Value: $1,869,526

-- Bed
-- Bath
8,418 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 1540 Ocean Hwy, Pocomoke City, MD 21851 and is currently estimated at $1,869,526, approximately $222 per square foot. 1540 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
Mar 13, 2024
Sold by
Locus Group Inc
Bought by
Sai Mishka Llc
Current Estimated Value
$1,869,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$172,715
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$1,679,369

Purchase Details

Closed on
May 2, 2008
Sold by
Worchester Hospitality Group Inc
Bought by
Locus Group Inc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Worchester Hospitality Group Inc
Bought by
Locus Group Inc

Purchase Details

Closed on
Mar 31, 1997
Sold by
Northgate Associates Limited
Bought by
Worchester Hospitality Group Inc

Purchase Details

Closed on
Dec 31, 1986
Sold by
Battistoni Paul P and Battistoni Paul P
Bought by
Northgate Associates Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
9.29%
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
Sai Mishka Llc $1,800,000 None Listed On Document
Locus Group Inc $2,450,000 --
Locus Group Inc $2,450,000 --
Worchester Hospitality Group Inc $1,635,000 --
Northgate Associates Limited $1,848,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Mishka Llc $175,000
Open Sai Mishka Llc $1,500,000
Previous Owner Northgate Associates Limited $1,680,000
Closed Worchester Hospitality Group Inc --
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 $31,709 $1,525,800 $347,400 $1,178,400
2024 $31,709 $1,525,800 $347,400 $1,178,400
2023 $31,709 $1,525,800 $347,400 $1,178,400
2022 $36,849 $1,773,100 $347,400 $1,425,700
2021 $35,599 $1,704,833 $0 $0
2020 $34,173 $1,636,567 $0 $0
2019 $32,748 $1,568,300 $347,400 $1,220,900
2018 $31,625 $1,539,733 $0 $0
2017 $31,404 $1,511,167 $0 $0
2016 $46,677 $1,482,600 $0 $0
2015 $31,189 $1,482,600 $0 $0
2014 $31,189 $1,482,600 $0 $0
Source: Public Records

Map

Maryland Worcester County Pocomoke City 21851

1540 Ocean Hwy, Pocomoke City, MD

This home is located at 1540 Ocean Hwy, Pocomoke City, MD 21851 and is currently estimated at $1,869,526, approximately $222 per square foot. 1540 Ocean Hwy is a home located in Worcester County with nearby schools including Pocomoke Elementary School, Pocomoke Middle School, and Pocomoke High 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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