25486 Ocean Gateway Mardela Springs, MD 21837
3
Beds
1
Bath
1,349
Sq Ft
0.43
Acres
Highlights
- Open Floorplan
- Wood Flooring
- Attic
- Rambler Architecture
- Main Floor Bedroom
- No HOA
About This Home
As of June 2025Recent Rehab in Mardela Springs school district. The beautiful kitchen has a open floor plan to the living and dining room. Kitchen features granite countertops, new cabinets, matching stainless steel appliances, new fixtures and new flooring. The bathroom has been updated and has tons of storage. Hardwood floors run in most the house and all other flooring is new. The house has been freshly painted. The property features a full basement, one large attached garage, one large detached garage, and back porch overlooking a large yard.
Last Agent to Sell the Property
Iron Valley Real Estate Ocean City License #657226 Listed on: 09/29/2018
Last Buyer's Agent
Stephanie Ward
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,038
Year Built
- Built in 1960
Lot Details
- 0.43 Acre Lot
- Rural Setting
Parking
- 2 Garage Spaces | 1 Direct Access and 1 Detached
- Oversized Parking
- Parking Storage or Cabinetry
- Rear-Facing Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Rambler Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,349 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Recessed Lighting
- Gas Fireplace
- Replacement Windows
- Vinyl Clad Windows
- Combination Dining and Living Room
- Stainless Steel Appliances
- Attic
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Schools
- Northwestern Elementary School
- Mardela Middle & High School
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Septic Tank
- Community Sewer or Septic
Additional Features
- Ramp on the main level
- Porch
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 103
- Assessor Parcel Number 01-000292
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2025
Closed on
Jun 13, 2025
Sold by
Beyer Nathan Anthony
Bought by
Crowe Thomas
Seller's Agent
Katherine Deckenback
Keller Williams Realty Delmarva
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$275,000
Sold Price
$275,000
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.77%
Original Mortgage
$13,500
Outstanding Balance
$13,500
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$259,248
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
7.91%
Original Mortgage
$194,904
Interest Rate
2.7%
Mortgage Type
FHA
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 | $275,000 | Fidelity National Title | |
| Deed | $275,000 | Fidelity National Title | |
| 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 | $13,500 | FHA | |
| Closed | $13,500 | FHA | |
| Open | $270,019 | FHA | |
| Closed | $270,019 | FHA | |
| Previous Owner | $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
4 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
5,572 Total Sales
-
Dustin Parker
Seller's Agent in 2021
Dustin Parker
The Parker Group
(302) 483-7688
5 in this area
843 Total Sales
-
S
Seller Co-Listing Agent in 2021
Stephanie Ward
Coldwell Banker Realty
-
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: 1007545746
APN: 01-000292
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