NOT LISTED FOR SALE

402 Bering Rd Ocean City, MD 21842

Estimated Value: $2,021,541 - $3,846,000

-- Bed
3 Baths
6,624 Sq Ft
$408/Sq Ft Est. Value

About This Home

This home is located at 402 Bering Rd, Ocean City, MD 21842 and is currently estimated at $2,699,514, approximately $407 per square foot. 402 Bering Rd 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
Apr 26, 2016
Bought by
Myles Joseph T
Current Estimated Value
$2,699,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$99,281
Interest Rate
3.59%
Estimated Equity
$2,600,233

Purchase Details

Closed on
Dec 26, 1990
Sold by
Morris John M and Morris Frank H
Bought by
Morris & Morris Limited
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
Myles Joseph T -- --
Morris & Morris Limited $115,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myles Joseph T $125,000
Closed Myles Joseph T --
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 $9,873 $1,164,333 $0 $0
2024 $9,873 $977,467 $0 $0
2023 $9,655 $790,600 $325,600 $465,000
2022 $9,449 $768,000 $0 $0
2021 $9,297 $745,400 $0 $0
2020 $9,099 $722,800 $325,600 $397,200
2019 $8,983 $718,733 $0 $0
2018 $10,034 $714,667 $0 $0
2017 $8,594 $710,600 $0 $0
2016 -- $710,600 $0 $0
2015 -- $710,600 $0 $0
2014 $6,579 $717,800 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

402 Bering Rd, Ocean City, MD

This home is located at 402 Bering Rd, Ocean City, MD 21842 and is currently estimated at $2,699,514, approximately $407 per square foot. 402 Bering Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate 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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