404 Arctic Ave Ocean City, MD 21842
Estimated Value: $488,000 - $619,000
3
Beds
2
Baths
1,344
Sq Ft
$405/Sq Ft
Est. Value
About This Home
This home is located at 404 Arctic Ave, Ocean City, MD 21842 and is currently estimated at $544,483, approximately $405 per square foot. 404 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
Mar 9, 2012
Sold by
Catlett Alfred B
Bought by
Catlett Alfred B
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
$108,000
Outstanding Balance
$70,560
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$473,923
Purchase Details
Closed on
Feb 20, 2008
Sold by
Webb Bernadette M
Bought by
Catlett Alfred B Trustee & and Brenda J Catlett Trustee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$162,623
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,860
Purchase Details
Closed on
Feb 9, 2008
Sold by
Webb Bernadette M
Bought by
Catlett Alfred B Trustee & and Brenda J Catlett Trustee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$162,623
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,860
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 |
|---|---|---|---|
| Catlett Alfred B | -- | None Available | |
| Catlett Alfred B Trustee & | $325,000 | -- | |
| Catlett Alfred B Trustee & | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Catlett Alfred B | $108,000 | |
| Open | Catlett Alfred B Trustee & | $260,000 | |
| Closed | Catlett Alfred B Trustee & | $260,000 |
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 | $4,404 | $322,500 | $0 | $0 |
| 2024 | $3,970 | $284,500 | $0 | $0 |
| 2023 | $3,475 | $246,500 | $170,200 | $76,300 |
| 2022 | $3,371 | $239,867 | $0 | $0 |
| 2021 | $3,296 | $233,233 | $0 | $0 |
| 2020 | $3,202 | $226,600 | $170,200 | $56,400 |
| 2019 | $3,224 | $226,600 | $170,200 | $56,400 |
| 2018 | $3,191 | $226,600 | $170,200 | $56,400 |
| 2017 | $3,222 | $228,100 | $0 | $0 |
| 2016 | -- | $225,900 | $0 | $0 |
| 2015 | $3,573 | $223,700 | $0 | $0 |
| 2014 | $3,573 | $221,500 | $0 | $0 |
Source: Public Records
Map
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