Seller's Agent in 2024
Jaime Cortes
Coldwell Banker Realty
(443) 365-0775
1 in this area
183 Total Sales
25079 Ocean Gateway Mardela Springs, MD 21837
Estimated Value: $249,000 - $344,000
3
Beds
4
Baths
1,759
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- No HOA
- Central Air
- Heat Pump System
- Bungalow
- Property is in excellent condition
About This Home
As of February 2024This home is located at 25079 Ocean Gateway, Mardela Springs, MD 21837 since 11 December 2023 and is currently estimated at $305,211, approximately $173 per square foot. This property was built in 1950. 25079 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.
Last Agent to Sell the Property
(443) 365-0775 jaimecorteshomes@gmail.com Coldwell Banker Realty License #36173 Listed on: 12/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $861
Year Built
- Built in 1950 | Remodeled in 2023
Lot Details
- 0.46 Acre Lot
- Property is in excellent condition
- Property is zoned AR
Home Design
- Bungalow
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,759 Sq Ft Home
- Property has 2 Levels
- Crawl Space
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Schools
- Northwestern Elementary School
- Mardela Middle & High School
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2301008331
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2023
Closed on
Feb 28, 2024
Sold by
Cabrera Sergio Arellano
Bought by
White James B and White Erin N
Seller's Agent
Jaime Cortes
Coldwell Banker Realty
Buyer's Agent
Jeani Warren
ERA Martin Associates
List Price
$315,000
Sold Price
$315,000
Views
202
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,789
Avg. Annual Appreciation
-1.95%
Original Mortgage
$309,294
Outstanding Balance
$304,207
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$1,004
Purchase Details
Closed on
Aug 1, 2023
Sold by
Phippin Colby B and Phippin Paige M
Bought by
Cabrera Sergio Arellano
Purchase Details
Closed on
Sep 8, 2021
Sold by
Phippin David A
Bought by
Phippin Colby B and Phippin Paige M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 29, 2007
Sold by
Phippin Benjamin A and Phippin Carol L
Bought by
Phippin David A
Purchase Details
Closed on
Mar 22, 2006
Sold by
Phippin Benjamin A and Phippin Carol L
Bought by
Phippin David A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| White James B | $315,000 | Bright Title And Settlement | |
| White James B | $315,000 | Bright Title And Settlement | |
| Cabrera Sergio Arellano | $140,500 | None Listed On Document | |
| Phippin Colby B | $40,000 | None Available | |
| Phippin David A | -- | -- | |
| Phippin David A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | White James B | $309,294 | |
| Closed | White James B | $309,294 | |
| Previous Owner | Phippin Colby B | $85,600 | |
| Closed | Phippin David A | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2024 02/28/24 | Sold | $315,000 | 0.0% | $179 / Sq Ft |
| 12/11/2023 12/11/23 | For Sale | $315,000 | -- | $179 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,019 | $113,833 | $0 | $0 |
| 2024 | $1,019 | $100,067 | $0 | $0 |
| 2023 | $913 | $86,300 | $27,000 | $59,300 |
| 2022 | $929 | $85,267 | $0 | $0 |
| 2021 | $921 | $84,233 | $0 | $0 |
| 2020 | $918 | $83,200 | $27,000 | $56,200 |
| 2019 | $849 | $81,167 | $0 | $0 |
| 2018 | $871 | $79,133 | $0 | $0 |
| 2017 | $880 | $77,100 | $0 | $0 |
| 2016 | -- | $77,100 | $0 | $0 |
| 2015 | $952 | $77,100 | $0 | $0 |
| 2014 | $952 | $80,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jaime Cortes
-
Jeani Warren
J
Buyer's Agent in 2024
Jeani Warren
ERA Martin Associates
(443) 735-0894
1 in this area
31 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC2011642
APN: 01-008331
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