25486 Ocean Gateway Mardela Springs, MD 21837
3
Beds
1
Bath
1,349
Sq Ft
0.43
Acres
Highlights
- Second Garage
- Rambler Architecture
- Main Floor Bedroom
- View of Trees or Woods
- Wood Flooring
- Attic
About This Home
As of June 2025Fantastic opportunity in Mardela Springs! This adorable 3 bedroom, 1 bathroom rancher comes with a surprising amount of space. The updated kitchen and open living/dining area create an inviting space for friends and family to gather, and the spacious backyard gives way to a number of uses. A separate laundry room adds convenience to the home, and the large basement provides ample storage and an opportunity for a fantastic bonus space. If Mardela Springs is the place to be, then this is the home for you! Schedule your private tour today.
Last Agent to Sell the Property
Keller Williams Realty Delmarva License #669114 Listed on: 04/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,868
Year Built
- Built in 1960 | Remodeled in 2018
Lot Details
- 0.43 Acre Lot
- Rural Setting
- South Facing Home
Parking
- 1 Car Direct Access Garage
- Second Garage
- Front Facing Garage
- Driveway
Property Views
- Woods
- Pasture
Home Design
- Rambler Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,349 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Family Room Off Kitchen
- Living Room
- Open Floorplan
- Dining Area
- Attic
- Unfinished Basement
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Outbuilding
Schools
- Mardela Middle & High School
Utilities
- Central Air
- Heat Pump System
- 200+ Amp Service
- Private Water Source
- Tankless Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2301000292
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2020
Closed on
Mar 5, 2021
Sold by
Hill Joseph Louise and Hill Ruth Annette
Bought by
Beyer Nathan Anthony
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Katherine Deckenback
Keller Williams Realty Delmarva
List Price
$195,000
Sold Price
$198,500
Premium/Discount to List
$3,500
1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$194,904
Outstanding Balance
$176,691
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$95,497
Purchase Details
Listed on
Sep 29, 2018
Closed on
Nov 30, 2018
Sold by
Bankert Rentals Llc
Bought by
Hill Joseph Louis and Cain Hill Ruth Annette
Seller's Agent
Zach Bankert
Iron Valley Real Estate Ocean City
Buyer's Agent
Stephanie Ward
Coldwell Banker Realty
List Price
$164,900
Sold Price
$164,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$166,565
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2018
Sold by
Trott Orlando S and Trott Angela J
Bought by
Bankert Rentals Llc
Purchase Details
Closed on
Dec 9, 1988
Sold by
Allen Benj Franklin and Allen Katherine B
Bought by
Trott Orlando S and Trott Angela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
10.46%
Similar Homes in Mardela Springs, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $198,500 | Dba Real Estate T&E | |
| Deed | $164,900 | Sage Title Group Llc | |
| Trustee Deed | $65,000 | Mid Atlantic Title & Escrow | |
| Deed | $53,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $194,904 | FHA | |
| Previous Owner | $166,565 | New Conventional | |
| Previous Owner | $42,000 | Credit Line Revolving | |
| Previous Owner | $119,500 | Stand Alone Second | |
| Previous Owner | $53,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $275,000 | 0.0% | $204 / Sq Ft |
| 04/12/2025 04/12/25 | For Sale | $275,000 | +38.5% | $204 / Sq Ft |
| 03/05/2021 03/05/21 | Sold | $198,500 | +1.8% | $147 / Sq Ft |
| 01/11/2021 01/11/21 | Pending | -- | -- | -- |
| 12/03/2020 12/03/20 | For Sale | $195,000 | +18.3% | $145 / Sq Ft |
| 10/30/2018 10/30/18 | Sold | $164,900 | 0.0% | $122 / Sq Ft |
| 10/10/2018 10/10/18 | Pending | -- | -- | -- |
| 09/29/2018 09/29/18 | For Sale | $164,900 | -- | $122 / 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 |
|---|---|---|---|---|
| 2024 | $1,938 | $194,867 | $0 | $0 |
| 2023 | $1,680 | $162,900 | $26,600 | $136,300 |
| 2022 | $1,523 | $142,633 | $0 | $0 |
| 2021 | $1,222 | $122,367 | $0 | $0 |
| 2020 | $934 | $102,100 | $26,600 | $75,500 |
| 2019 | $1,033 | $98,667 | $0 | $0 |
| 2018 | $1,026 | $95,233 | $0 | $0 |
| 2017 | $1,046 | $91,800 | $0 | $0 |
| 2016 | -- | $91,800 | $0 | $0 |
| 2015 | $963 | $91,800 | $0 | $0 |
| 2014 | $963 | $103,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Deckenback
Seller's Agent in 2025
Katherine Deckenback
Keller Williams Realty Delmarva
(301) 514-4995
3 in this area
101 Total Sales
-
Carol Strasfeld
Buyer's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
5 in this area
5,228 Total Sales
-
Dustin Parker
Seller's Agent in 2021
Dustin Parker
The Parker Group
(302) 483-7688
5 in this area
851 Total Sales
-
Seller Co-Listing Agent in 2021
Stephanie Ward
Coldwell Banker Realty
(302) 360-0300
-
Zach Bankert
Z
Seller's Agent in 2018
Zach Bankert
Iron Valley Real Estate Ocean City
(443) 783-4793
3 in this area
19 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC2017468
APN: 01-000292
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