197 S Ocean Dr Ocean City, MD 21842
Estimated Value: $618,000 - $807,000
Studio
2
Baths
1,728
Sq Ft
$395/Sq Ft
Est. Value
About This Home
This home is located at 197 S Ocean Dr, Ocean City, MD 21842 and is currently estimated at $682,246, approximately $394 per square foot. 197 S Ocean 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
Jun 28, 2006
Sold by
Wolfe John J and Wolfe Shirlee C.
Bought by
Green George H and Green Patricia D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Outstanding Balance
$233,614
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$448,632
Purchase Details
Closed on
Jun 27, 2006
Sold by
Wolfe John J and Wolfe Shirlee C.
Bought by
Green George H and Green Patricia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Outstanding Balance
$233,614
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$448,632
Purchase Details
Closed on
Dec 29, 1999
Sold by
Wolfe John J
Bought by
Wolfe John J and Wolfe Shirlee C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Green George H | $496,000 | -- | |
| Green George H | $496,000 | -- | |
| Wolfe John J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Green George H | $396,800 | |
| Closed | Green George H | $396,800 | |
| Closed | Wolfe John J | -- |
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 | $7,401 | $542,000 | $0 | $0 |
| 2024 | $6,699 | $480,100 | $0 | $0 |
| 2023 | $5,895 | $418,200 | $226,400 | $191,800 |
| 2022 | $5,488 | $390,467 | $0 | $0 |
| 2021 | $5,126 | $362,733 | $0 | $0 |
| 2020 | $4,733 | $335,000 | $226,400 | $108,600 |
| 2019 | $4,766 | $335,000 | $226,400 | $108,600 |
| 2018 | $4,718 | $335,000 | $226,400 | $108,600 |
| 2017 | $4,821 | $341,300 | $0 | $0 |
| 2016 | -- | $326,233 | $0 | $0 |
| 2015 | $4,205 | $311,167 | $0 | $0 |
| 2014 | $4,205 | $296,100 | $0 | $0 |
Source: Public Records
Map
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