NOT LISTED FOR SALE

501 Pacific Ave Ocean City, MD 21842

Estimated Value: $483,000 - $704,000

4 Beds
2 Baths
1,534 Sq Ft
$404/Sq Ft Est. Value

About This Home

This home is located at 501 Pacific Ave, Ocean City, MD 21842 and is currently estimated at $620,342, approximately $404 per square foot. 501 Pacific 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
Apr 17, 2015
Sold by
Lafitte Marcia Susan
Bought by
Cradic David S and Cradic Sara G
Current Estimated Value
$620,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$148,762
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$475,257

Purchase Details

Closed on
Dec 11, 2009
Sold by
Yanek Dorothy
Bought by
Lafette Marcia Susan

Purchase Details

Closed on
Jul 10, 2007
Sold by
Brian Costic
Bought by
Dorothy Yanek

Purchase Details

Closed on
Jul 9, 2007
Sold by
Brian Costic
Bought by
Dorothy Yanek

Purchase Details

Closed on
Apr 10, 2001
Sold by
Yanek Victor and Yanek Dorothy E
Bought by
Costic Brian

Purchase Details

Closed on
May 8, 1996
Sold by
Sutton Kenneth R and Sutton Karen E
Bought by
Victor Yanek and Victor Dorothy E

Purchase Details

Closed on
Mar 6, 1996
Sold by
Victor Yanek and Victor Dorothy E
Bought by
Sutton Kenneth R and Sutton Karen E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Cradic David S $240,000 Real Estate Title & Escrow L
Lafette Marcia Susan -- --
Dorothy Yanek $400,000 --
Dorothy Yanek $400,000 --
Costic Brian $200,000 --
Victor Yanek $145,000 --
Sutton Kenneth R $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cradic David S $192,000
Previous Owner Costic Brian $210,000
Closed Sutton Kenneth R --
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 $4,691 $406,100 $0 $0
2024 $4,691 $336,200 $0 $0
2023 $3,743 $266,300 $175,500 $90,800
2022 $3,671 $261,233 $0 $0
2021 $3,620 $256,167 $0 $0
2020 $3,548 $251,100 $175,500 $75,600
2019 $3,572 $251,100 $175,500 $75,600
2018 $3,537 $251,100 $175,500 $75,600
2017 $3,630 $257,000 $0 $0
2016 -- $254,967 $0 $0
2015 $4,316 $252,933 $0 $0
2014 $4,316 $250,900 $0 $0
Source: Public Records

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