NOT LISTED FOR SALE

2917 Ocean Gateway Cambridge, MD 21613

Estimated Value: $2,950,391

-- Bed
-- Bath
23,300 Sq Ft
$127/Sq Ft Est. Value

About This Home

This home is located at 2917 Ocean Gateway, Cambridge, MD 21613 and is currently estimated at $2,950,391, approximately $126 per square foot. 2917 Ocean Gateway is a home located in Dorchester County with nearby schools including Maple Elementary School, Mace's Lane Middle School, and Cambridge-South Dorchester High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
A & D Friends Llc
Bought by
Shiv Hospitality Llc
Current Estimated Value
$2,950,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,500
Outstanding Balance
$2,112,736
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$837,784

Purchase Details

Closed on
Jun 30, 2017
Sold by
Jai Swaminaryan Cambridge Llc
Bought by
A&D Friedns Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,742,500
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2015
Sold by
Trigild Incorporated and Hoffman William J
Bought by
Jai Swaminarayan Cambridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.78%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Aug 24, 1993
Sold by
Patel Dilikumar R and Patel Rita D
Bought by
East West Inn L L C

Purchase Details

Closed on
Nov 22, 1988
Sold by
Patel Shashikant T and Patel Tarulata
Bought by
Patel Dilikumar R and Patel Rita D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
10.31%

Purchase Details

Closed on
Oct 30, 1985
Sold by
Route Fifty-Two Mile House Inc
Bought by
Patel Shashikant T and Patel Tarulata
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shiv Hospitality Llc $2,750,000 Badger Jeffrey E
A&D Friedns Llc $1,900,000 None Available
Jai Swaminarayan Cambridge Llc $1,075,000 Stewart Title Guaranty Co
East West Inn L L C $300,000 --
Patel Dilikumar R $250,000 --
Patel Shashikant T $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiv Hospitality Llc $2,220,500
Previous Owner A&D Friedns Llc $1,742,500
Previous Owner Jai Swaminarayan Cambridge Llc $1,350,000
Previous Owner Patel Dilikumar R $19,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $24,487 $2,139,000 $0 $0
2024 $20,872 $1,871,600 $192,000 $1,679,600
2023 $20,872 $1,871,600 $192,000 $1,679,600
2022 $20,872 $1,871,600 $192,000 $1,679,600
2021 $19,092 $1,871,600 $192,000 $1,679,600
2020 $19,092 $1,711,500 $0 $0
2019 $17,312 $1,551,400 $0 $0
2018 $15,553 $1,391,300 $192,000 $1,199,300
2017 $14,226 $1,346,667 $0 $0
2016 -- $1,302,033 $0 $0
2015 -- $1,257,400 $0 $0
2014 -- $1,257,400 $0 $0
Source: Public Records

Map

Maryland Dorchester County Cambridge 21613

2917 Ocean Gateway, Cambridge, MD

This home is located at 2917 Ocean Gateway, Cambridge, MD 21613 and is currently estimated at $2,950,391, approximately $126 per square foot. 2917 Ocean Gateway is a home located in Dorchester County with nearby schools including Maple Elementary School, Mace's Lane Middle School, and Cambridge-South Dorchester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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