511 Nautical Ln Ocean City, MD 21842
Estimated Value: $557,316 - $653,000
--
Bed
2
Baths
1,536
Sq Ft
$393/Sq Ft
Est. Value
About This Home
This home is located at 511 Nautical Ln, Ocean City, MD 21842 and is currently estimated at $603,329, approximately $392 per square foot. 511 Nautical Ln 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 5, 2008
Sold by
Resort Homes Inc
Bought by
Susan Biscoe
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
$319,200
Outstanding Balance
$210,048
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,281
Purchase Details
Closed on
Nov 3, 2008
Sold by
Resort Homes Inc
Bought by
Susan Biscoe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Outstanding Balance
$210,048
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,281
Purchase Details
Closed on
Jan 3, 2007
Sold by
Pineda Jose H
Bought by
Resort Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2006
Sold by
Pineda Jose H
Bought by
Resort Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 21, 2005
Sold by
Ruark Reita P
Bought by
Pineda Jose H and Pineda Gloria J Fair
Purchase Details
Closed on
Jul 14, 2005
Sold by
Ruark Reita P
Bought by
Pineda Jose H and Pineda Gloria J Fair
Purchase Details
Closed on
Nov 7, 2001
Sold by
Chisholm Meighan K and Chisholm Elsie D
Bought by
Ruark Reita P
Purchase Details
Closed on
Sep 25, 2001
Sold by
Chisholm Meighan K and Chisholm Elsie D
Bought by
Chisholm Meighan K and Chisholm Elsie D
Purchase Details
Closed on
Sep 27, 1995
Sold by
Hokemeyer George H
Bought by
Chisholm Meighan K and Peter Elsie
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 |
|---|---|---|---|
| Susan Biscoe | $399,000 | -- | |
| Susan Biscoe | $399,000 | -- | |
| Resort Homes Inc | $185,000 | -- | |
| Resort Homes Inc | $185,000 | -- | |
| Pineda Jose H | $179,900 | -- | |
| Pineda Jose H | $179,900 | -- | |
| Ruark Reita P | $84,500 | -- | |
| Chisholm Meighan K | -- | -- | |
| Chisholm Meighan K | $54,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Susan Biscoe | $319,200 | |
| Closed | Susan Biscoe | $319,200 | |
| Previous Owner | Resort Homes Inc | $328,000 | |
| Previous Owner | Resort Homes Inc | $328,000 | |
| Closed | Chisholm Meighan K | -- |
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 | $5,889 | $431,267 | $0 | $0 |
| 2024 | $5,010 | $359,033 | $0 | $0 |
| 2023 | $4,031 | $286,800 | $110,000 | $176,800 |
| 2022 | $3,923 | $279,133 | $0 | $0 |
| 2021 | $3,836 | $271,467 | $0 | $0 |
| 2020 | $3,727 | $263,800 | $110,000 | $153,800 |
| 2019 | $3,753 | $263,800 | $110,000 | $153,800 |
| 2018 | $3,715 | $263,800 | $110,000 | $153,800 |
| 2017 | $4,049 | $286,600 | $0 | $0 |
| 2016 | -- | $269,600 | $0 | $0 |
| 2015 | $3,500 | $252,600 | $0 | $0 |
| 2014 | $3,500 | $235,600 | $0 | $0 |
Source: Public Records
Map
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