NOT LISTED FOR SALE

550 Ocean Pkwy Berlin, MD 21811

Estimated Value: $373,000 - $454,000

4 Beds
3 Baths
1,790 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 550 Ocean Pkwy, Berlin, MD 21811 and is currently estimated at $421,875, approximately $235 per square foot. 550 Ocean Pkwy is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2015
Sold by
Fannie Mae
Bought by
Lutz Michael Conrad and Lutz Kate Elizabeth
Current Estimated Value
$421,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$121,796
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$300,079

Purchase Details

Closed on
May 4, 2015
Sold by
Urban William J and Urban Angela M
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$121,796
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$300,079

Purchase Details

Closed on
Oct 15, 2014
Sold by
Urban William J and Urban Angela M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 17, 1999
Sold by
Perry Richard E and Perry Susan M
Bought by
Urban William J and Urban Angela M

Purchase Details

Closed on
Oct 15, 1996
Sold by
William Maydag
Bought by
Perry Richard E and Perry Susan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lutz Michael Conrad $165,000 Attorney
Federal National Mortgage Association $223,000 Attorney
Federal National Mortgage Association $223,000 None Available
Urban William J $118,000 --
Perry Richard E $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Michael Conrad $156,750
Closed Federal National Mortgage Association $156,750
Closed Perry Richard E --
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 $2,505 $271,400 $0 $0
2024 $2,580 $270,800 $87,600 $183,200
2023 $2,341 $244,567 $0 $0
2022 $3,919 $218,333 $0 $0
2021 $1,838 $192,100 $79,800 $112,300
2020 $1,779 $189,433 $0 $0
2019 $1,779 $186,767 $0 $0
2018 $1,692 $184,100 $73,900 $110,200
2017 $1,552 $174,000 $0 $0
2016 $1,552 $163,900 $0 $0
2015 $1,560 $153,800 $0 $0
2014 $1,560 $153,800 $0 $0
Source: Public Records

Map

Maryland Worcester County Berlin 21811

550 Ocean Pkwy, Berlin, MD

Not Listed for Sale

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