NOT LISTED FOR SALE

517 Nautical Ln Ocean City, MD 21842

Estimated Value: $558,000 - $599,000

3 Beds
2 Baths
924 Sq Ft
$625/Sq Ft Est. Value

About This Home

This home is located at 517 Nautical Ln, Ocean City, MD 21842 and is currently estimated at $577,543, approximately $625 per square foot. 517 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
Oct 19, 2016
Sold by
Mcgowens John W
Bought by
Benjamin Ralph E and Benjamin Patricia
Current Estimated Value
$577,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$83,428
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$494,115
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
Benjamin Ralph E $130,000 Ocean Investments Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Ralph E $104,000
Closed Benjamin Ralph E $104,000
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 $6,034 $441,867 $0 $0
2024 $5,147 $368,833 $0 $0
2023 $4,157 $295,800 $110,000 $185,800
2022 $4,105 $292,100 $0 $0
2021 $1,807 $127,867 $0 $0
2020 $1,789 $126,600 $110,000 $16,600
2019 $1,762 $123,833 $0 $0
2018 $1,705 $121,067 $0 $0
2017 $1,671 $118,300 $0 $0
2016 -- $118,300 $0 $0
2015 $2,050 $118,300 $0 $0
2014 $2,050 $127,800 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

517 Nautical Ln, Ocean City, MD

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