NOT LISTED FOR SALE

197 S Ocean Dr Ocean City, MD 21842

Estimated Value: $546,000 - $757,000

Studio
2 Baths
1,728 Sq Ft
$365/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 $631,407, approximately $365 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
$631,407

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
$397,793

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
$397,793

Purchase Details

Closed on
Dec 29, 1999
Sold by
Wolfe John J
Bought by
Wolfe John J and Wolfe Shirlee C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
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

Maryland Worcester County Ocean City 21842

197 S Ocean Dr, 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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