402 Arctic Ave Ocean City, MD 21842
Estimated Value: $486,710 - $671,000
--
Bed
2
Baths
1,612
Sq Ft
$366/Sq Ft
Est. Value
About This Home
This home is located at 402 Arctic Ave, Ocean City, MD 21842 and is currently estimated at $589,928, approximately $365 per square foot. 402 Arctic Ave 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
Nov 2, 1988
Sold by
Senger Frederick August
Bought by
Zacharopoulos Thomas and Zacharopoulos Ioanna
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
$90,000
Interest Rate
10.22%
Purchase Details
Closed on
May 6, 1982
Sold by
Buchannan William R
Bought by
Senger Frederick August
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
16.81%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zacharopoulos Thomas | $124,500 | -- | |
| Senger Frederick August | $75,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Zacharopoulos Thomas | $90,000 | |
| Previous Owner | Senger Frederick August | $60,000 |
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 | $3,438 | $355,000 | $0 | $0 |
| 2024 | $3,418 | $317,400 | $0 | $0 |
| 2023 | $3,342 | $279,800 | $170,700 | $109,100 |
| 2022 | $3,269 | $270,167 | $0 | $0 |
| 2021 | $3,214 | $260,533 | $0 | $0 |
| 2020 | $3,144 | $250,900 | $170,700 | $80,200 |
| 2019 | $3,105 | $250,900 | $170,700 | $80,200 |
| 2018 | $2,997 | $250,900 | $170,700 | $80,200 |
| 2017 | $2,976 | $252,400 | $0 | $0 |
| 2016 | $2,935 | $250,267 | $0 | $0 |
| 2015 | $2,272 | $248,133 | $0 | $0 |
| 2014 | $2,272 | $246,000 | $0 | $0 |
Source: Public Records
Map
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