NOT LISTED FOR SALE

24948 Ocean Gateway Mardela Springs, MD 21837

-- Bed
-- Bath
2,800 Sq Ft
3.9 Acres

About This Home

This home is located at 24948 Ocean Gateway, Mardela Springs, MD 21837. 24948 Ocean Gateway is a home located in Wicomico County with nearby schools including Northwestern Elementary School, Mardela Middle/High School, and Barren Creek Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 1991
Sold by
Naggy Gary L and Naggy Ruth A
Bought by
Cato Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.44%

Purchase Details

Closed on
Jul 31, 1984
Sold by
Cato, Inc
Bought by
Naggy Gary L and Naggy Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
14.67%
Source: Public Records

Range of Values:

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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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
Cato Development Inc $200,000 --
Naggy Gary L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cato Development Inc $1,600,000
Closed Cato Development Inc $100,000
Previous Owner Naggy Gary L $75,000
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 $4,496 $467,200 $0 $0
2024 $4,496 $462,700 $0 $0
2023 $4,571 $458,200 $111,600 $346,600
2022 $4,729 $458,200 $111,600 $346,600
2021 $4,831 $458,200 $111,600 $346,600
2020 $4,831 $462,600 $111,600 $351,000
2019 $4,842 $456,867 $0 $0
2018 $4,805 $451,133 $0 $0
2017 $4,745 $445,400 $0 $0
2016 -- $438,600 $0 $0
2015 $4,118 $431,800 $0 $0
2014 $4,118 $425,000 $0 $0
Source: Public Records

Map

Maryland Wicomico County Mardela Springs 21837

24948 Ocean Gateway, Mardela Springs, MD

This home is located at 24948 Ocean Gateway, Mardela Springs, MD 21837. 24948 Ocean Gateway is a home located in Wicomico County with nearby schools including Northwestern Elementary School, Mardela Middle/High School, and Barren Creek Christian Academy.

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