2817 Tern Dr Unit 29 Ocean City, MD 21842
Estimated Value: $338,115 - $381,000
1
Bed
2
Baths
1,050
Sq Ft
$341/Sq Ft
Est. Value
About This Home
This home is located at 2817 Tern Dr Unit 29, Ocean City, MD 21842 and is currently estimated at $358,529, approximately $341 per square foot. 2817 Tern Dr Unit 29 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2021
Sold by
Ambrose Sandra L
Bought by
Mercaldi Michael A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Outstanding Balance
$242,405
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$116,124
Purchase Details
Closed on
Oct 31, 2003
Sold by
Ambrose George L and Ambrose Sandra L
Bought by
Ambrose Sandra L and Life For
Purchase Details
Closed on
Nov 22, 1982
Sold by
Mizdail Scholastica T
Bought by
Ambrose George L and Ambrose Sandra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
13.78%
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 |
|---|---|---|---|
| Mercaldi Michael A | $282,000 | None Available | |
| Ambrose Sandra L | -- | -- | |
| Ambrose George L | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mercaldi Michael A | $267,900 | |
| Previous Owner | Ambrose George L | $42,000 |
Source: Public Records
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 | $3,307 | $242,167 | $0 | $0 |
| 2024 | $2,847 | $204,033 | $0 | $0 |
| 2023 | $2,331 | $165,900 | $82,900 | $83,000 |
| 2022 | $2,331 | $165,900 | $82,900 | $83,000 |
| 2021 | $1,873 | $165,900 | $82,900 | $83,000 |
| 2020 | $1,140 | $165,900 | $82,900 | $83,000 |
| 2019 | $1,757 | $159,600 | $0 | $0 |
| 2018 | $2,076 | $153,300 | $0 | $0 |
| 2017 | $829 | $147,000 | $0 | $0 |
| 2016 | -- | $147,000 | $0 | $0 |
| 2015 | $2,293 | $147,000 | $0 | $0 |
| 2014 | $2,293 | $147,000 | $0 | $0 |
Source: Public Records
Map
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