NOT LISTED FOR SALE

1582 Teal Dr Ocean City, MD 21842

Estimated Value: $1,465,000 - $2,697,000

-- Bed
4 Baths
4,258 Sq Ft
$506/Sq Ft Est. Value

About This Home

This home is located at 1582 Teal Dr, Ocean City, MD 21842 and is currently estimated at $2,155,784, approximately $506 per square foot. 1582 Teal Dr 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
Sep 12, 2023
Sold by
Houck Philip I and Houck Marie M
Bought by
Houck Philip D
Current Estimated Value
$2,155,784

Purchase Details

Closed on
Jun 26, 2019
Sold by
Houck Philip I and Houck Marie M
Bought by
Knopp Michele H and Houck Kevin P

Purchase Details

Closed on
May 25, 1990
Sold by
Lankford Charles A
Bought by
Houck Philip I and Houck Marie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
10.33%

Purchase Details

Closed on
Apr 11, 1985
Sold by
Filbert John H
Bought by
Lankford Charles A
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

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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
Houck Philip D -- None Listed On Document
Knopp Michele H -- None Available
Houck Philip I $875,000 --
Lankford Charles A $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Houck Philip I $450,000
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 $15,672 $1,371,967 $0 $0
2024 $15,634 $1,278,633 $0 $0
2023 $15,323 $1,185,300 $700,700 $484,600
2022 $15,024 $1,176,467 $0 $0
2021 $14,813 $1,167,633 $0 $0
2020 $14,528 $1,158,800 $700,700 $458,100
2019 $14,301 $1,115,067 $0 $0
2018 $14,510 $1,071,333 $0 $0
2017 $13,596 $1,027,600 $0 $0
2016 -- $1,027,600 $0 $0
2015 -- $1,027,600 $0 $0
2014 $10,366 $1,032,400 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

1582 Teal Dr, Ocean City, MD

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