NOT LISTED FOR SALE

Gateway Grand 2 48th St Unit 505 Ocean City, MD 21842

Ocean City Area

Estimated Value: $1,182,000 - $1,365,000

3 Beds
3 Baths
1,790 Sq Ft
$717/Sq Ft Est. Value

About This Home

This home is located at 2 48th St Unit 505, Ocean City, MD 21842 and is currently estimated at $1,282,577, approximately $716 per square foot. 2 48th St Unit 505 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2009
Sold by
Carlyle High Street Ocean City Lp
Bought by
Current Estimated Value
$1,282,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Outstanding Balance
$340,783
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$941,795
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, MD

  • Charlene Spence Real Estate Agent - The Spence Realty Group

    Charlene Spence

    Responds Quickly

    The Spence Realty Group

    (443) 727-1854

    131 Total Sales

    1 in Ocean City

    $400,000 Price

    Charlene Spence
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  • BJ Kilby Real Estate Agent - Eastern Shore Real Estate, LLC

    BJ Kilby

    Eastern Shore Real Estate, LLC

    (667) 243-8016

    58 Total Sales

    2 in Ocean City

    $186K - $194K Price Range

    BJ Kilby
     Section Image
  • Victor Brocato Real Estate Agent - Long & Foster Real Estate, Inc.

    Victor Brocato

    Long & Foster Real Estate, Inc.

    (443) 775-2053

    51 Total Sales

    1 in Ocean City

    $400,000 Price

    Victor Brocato
     Section Image
  • Margaret Steen Real Estate Agent - Steen Properties

    Margaret Steen

    Responds Quickly

    Steen Properties

    (443) 265-2532

    71 Total Sales

    1 in Ocean City

    $270,000 Price

    Margaret Steen
     Section Image
  • Ginnie Kite Real Estate Agent - LPT Realty, LLC

    Ginnie Kite

    LPT Realty, LLC

    (717) 931-6204

    185 Total Sales

    1 in Ocean City

    $310,500 Price

    Ginnie Kite
     Section Image
  • Gail Rohleder Real Estate Agent - Garceau Realty

    Gail Rohleder

    Garceau Realty

    (202) 932-0601

    37 Total Sales

    2 in Ocean City

    $570K - $805K Price Range

    Gail Rohleder
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$699,990 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $559,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,242 $1,023,000 $716,100 $306,900
2025 $12,242 $896,500 $0 $0
2024 $10,744 $770,000 $0 $0
2023 $9,044 $643,500 $450,400 $193,100
2022 $9,044 $643,500 $450,400 $193,100
2021 $9,093 $643,500 $450,400 $193,100
2020 $9,092 $643,500 $450,400 $193,100
2019 $9,154 $643,500 $450,400 $193,100
2018 $9,063 $643,500 $450,400 $193,100
2017 $9,090 $643,500 $0 $0
2016 -- $629,733 $0 $0
2015 $7,603 $615,967 $0 $0
2014 $7,603 $602,200 $0 $0
Source: Public Records

About Gateway Grand

Map

Maryland Worcester County Ocean City 21842

2 48th St Unit 505, 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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