2818 Tern Dr Ocean City, MD 21842
Estimated Value: $328,000 - $352,000
--
Bed
1
Bath
1,050
Sq Ft
$323/Sq Ft
Est. Value
About This Home
This home is located at 2818 Tern Dr, Ocean City, MD 21842 and is currently estimated at $338,661, approximately $322 per square foot. 2818 Tern Dr 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 27, 2025
Sold by
Sprenkle John D and Sprenkle Theresa M
Bought by
Kh & Hh Holdings Llc
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
$268,000
Outstanding Balance
$267,312
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$71,349
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 |
---|---|---|---|
Kh & Hh Holdings Llc | $335,000 | Fidelity National Title | |
Kh & Hh Holdings Llc | $335,000 | Fidelity National Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Kh & Hh Holdings Llc | $268,000 | |
Closed | Kh & Hh Holdings Llc | $268,000 |
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 | $2,847 | $242,167 | $0 | $0 |
2024 | $2,847 | $204,033 | $0 | $0 |
2023 | $2,332 | $165,900 | $82,900 | $83,000 |
2022 | $2,332 | $165,900 | $82,900 | $83,000 |
2021 | $2,344 | $165,900 | $82,900 | $83,000 |
2020 | $2,420 | $165,900 | $82,900 | $83,000 |
2019 | $2,270 | $159,600 | $0 | $0 |
2018 | $2,159 | $153,300 | $0 | $0 |
2017 | $2,077 | $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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