NOT LISTED FOR SALE

311 S Bay Dr Unit B Ocean City, MD 21842

Estimated Value: $298,974 - $388,000

-- Bed
1 Bath
1,058 Sq Ft
$338/Sq Ft Est. Value

About This Home

This home is located at 311 S Bay Dr Unit B, Ocean City, MD 21842 and is currently estimated at $357,994, approximately $338 per square foot. 311 S Bay Dr Unit B 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
Dec 11, 2012
Sold by
Schaaf Evelyn C and Schaaf Charles L
Bought by
Schaaf Charles L and Schaaf Jennifer
Current Estimated Value
$357,994

Purchase Details

Closed on
Apr 23, 1991
Sold by
Skaarer Thomas A and Skaarer Mary J
Bought by
Schaaf Charles and Schaaf Evelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.47%

Purchase Details

Closed on
Dec 16, 1985
Sold by
Buchanan Developers Inc
Bought by
Skaarer Thomas A and Skaarer Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
11.31%
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
Schaaf Charles L -- None Available
Schaaf Charles $82,500 --
Skaarer Thomas A $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schaaf Charles $50,000
Previous Owner Skaarer Thomas A $110,000
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 $3,072 $224,967 $0 $0
2024 $2,809 $201,333 $0 $0
2023 $2,497 $177,700 $88,800 $88,900
2022 $2,497 $177,700 $88,800 $88,900
2021 $2,511 $177,700 $88,800 $88,900
2020 $2,511 $177,700 $88,800 $88,900
2019 $2,458 $172,767 $0 $0
2018 $2,364 $167,833 $0 $0
2017 $2,301 $162,900 $0 $0
2016 -- $162,900 $0 $0
2015 $2,336 $162,900 $0 $0
2014 $2,336 $169,200 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

311 S Bay Dr Unit B, Ocean City, MD

This home is located at 311 S Bay Dr Unit B, Ocean City, MD 21842 and is currently estimated at $357,994, approximately $338 per square foot. 311 S Bay Dr Unit B is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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