NOT LISTED FOR SALE

24825 Ocean Gateway Mardela Springs, MD 21837

Estimated Value: $189,000 - $227,412

3 Beds
1 Bath
1,156 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $84,900 $73 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,202/month

Highlights

  • Greenhouse
  • Attic
  • 2 Car Detached Garage
  • Rambler Architecture
  • No HOA
  • Porch

About This Home

As of February 2019

Great investment opportunity!!! Lots of potential in this spacious 3 bedroom and 1 bath Rancher! Home offers a kitchen, dining room, spacious living room, spacious screened porch. Home needs work but priced accordingly. Hurry and check this out!

Last Agent to Sell the Property

Daniel Register

(301) 789-3383 dbrealtor4@gmail.com Northrop Realty Listed on: 10/25/2018

Northrop Realty

Last Buyer's Agent

Brandon Brittingham

(443) 783-3928 moorebrittingham@gmail.com Long & Foster Real Estate, Inc. License #623585I

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1957

Lot Details

  • 1.07 Acre Lot
  • Property is Fully Fenced
  • Property is in below average condition
  • Property is zoned AR

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Sump Pump
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Surveillance System
  • Storm Doors

Outdoor Features

  • Greenhouse
  • Porch

Schools

  • Northwestern Elementary School
  • Mardela Middle & High School

Utilities

  • Central Air
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2301003852

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Building Winterized: Yes
  • Remarks Public: Great investment opportunity!!! Lots of potential in this spacious 3 bedroom and 1 bath Rancher! Home offers a kitchen, dining room, spacious living room, spacious screened porch. Home needs work but priced accordingly. Hurry and check this out!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Washer, Dryer, Refrigerator, Dishwasher, Oven/Range - Electric
  • Interior Amenities: Attic, Combination Kitchen/Dining, Crown Moldings
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Sump Pump, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1156
  • Living Area Sq Ft: 1156
  • Price Per Sq Ft: 73.44
  • Above Grade Finished Sq Ft: 1156
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24825

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Greenhouse
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Hot Water: Electric
  • Security: Main Entrance Lock, Surveillance Sys
  • Sewer/Septic System: Septic Exists
  • Utilities: Dsl Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTHWESTERN
  • Middle School: MARDELA MIDDLE & HIGH SCHOOL
  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138751831
  • School District Source: 3rd Party
  • Elementary School: NORTHWESTERN
  • Middle Or Junior School: MARDELA MIDDLE & HIGH SCHOOL

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 90900.00
  • Land Assessed Value: 28100.00
  • Lot Size Acres: 1.07
  • Lot Size Area: 46609
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46609.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Year Assessed: 2018
  • Zoning: AR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5325282
  • Tax Annual Amount: 1525.34
  • Assessor Parcel Number: 2301003852
  • Tax Total Finished Sq Ft: 1156
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/08/2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Feb 6, 2019
Sold by
U S Bank National Association
Bought by
Nrz Reo Viii Llc
Seller's Agent
Daniel Register
Northrop Realty
Buyer's Agent
Brandon Brittingham
Long & Foster Real Estate, Inc.
List Price
$84,900
Sold Price
$84,900
Current Estimated Value
$208,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,453
Avg. Annual Appreciation
13.85%

Purchase Details

Closed on
Jul 2, 2018
Sold by
Luongo Victoria L
Bought by
U S Bank National Association and Nrz Pass Through Trust Viii

Purchase Details

Closed on
Feb 7, 2018
Sold by
Nrz Reo Viii Llc
Bought by
Evans Damien and Evans Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,667
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2018
Sold by
Luongo Victoria L
Bought by
Nationstar Mortgage Llc and Mr Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,667
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Robbins Cecil L Jr L and Robbins E
Bought by
Luongo Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2005
Sold by
Robbins Cecil L Jr L and Robbins E
Bought by
Luongo Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2004
Sold by
Dougherty Gelston
Bought by
Robbins Cecil L and Robbins Manning R
Source: Public Records

Range of Values:

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Average Value
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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
Nrz Reo Viii Llc -- Title365
U S Bank National Association $133,336 Punctual Abstract Co Inc
Evans Damien $84,900 Title365
Nationstar Mortgage Llc -- Land America Transnation Tit
Luongo Victoria L $152,000 --
Luongo Victoria L $152,000 --
Robbins Cecil L $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Christopher D $100,000
Open Evans Christopher Damien $163,795
Closed Evans Damien $15,800
Closed Evans Christopher Damien $93,000
Previous Owner Evans Damien $88,667
Previous Owner Luongo Victoria L $30,400
Previous Owner Luongo Victoria L $121,600
Previous Owner Luongo Victoria L $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $84,900 0.0% $73 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $84,900 -- $73 / Sq Ft
Source: Bright MLS

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 $1,102 $117,800 $0 $0
2024 $1,102 $108,700 $0 $0
2023 $1,045 $99,600 $28,100 $71,500
2022 $1,075 $99,600 $28,100 $71,500
2021 $1,183 $99,600 $28,100 $71,500
2020 $1,287 $119,000 $28,100 $90,900
2019 $1,245 $119,000 $28,100 $90,900
2018 $1,436 $119,000 $28,100 $90,900
2017 $1,427 $130,800 $0 $0
2016 -- $128,533 $0 $0
2015 $1,205 $126,267 $0 $0
2014 $1,205 $124,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009993974

Bright MLS

APN: 01-003852