5602 Coastal Hwy Ocean City, MD 21842
Estimated Value: $666,000 - $798,000
--
Bed
4
Baths
1,620
Sq Ft
$438/Sq Ft
Est. Value
About This Home
This home is located at 5602 Coastal Hwy, Ocean City, MD 21842 and is currently estimated at $709,171, approximately $437 per square foot. 5602 Coastal Hwy 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 25, 2020
Sold by
Vietri David P
Bought by
Hernandez Chet A and Hernandez Jennifer A
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
$400,000
Outstanding Balance
$355,943
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$353,228
Purchase Details
Closed on
Nov 1, 2004
Sold by
Tamarindo Llc
Bought by
Vietri David P and Vietri Christine
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Chet A | $500,000 | Sage Title Group Llc | |
| Vietri David P | $645,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Chet A | $400,000 |
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 | $6,599 | $483,233 | $0 | $0 |
| 2024 | $6,185 | $443,267 | $0 | $0 |
| 2023 | $5,668 | $403,300 | $201,600 | $201,700 |
| 2022 | $5,668 | $403,300 | $201,600 | $201,700 |
| 2021 | $5,699 | $403,300 | $201,600 | $201,700 |
| 2020 | $5,698 | $403,300 | $201,600 | $201,700 |
| 2019 | $5,576 | $391,967 | $0 | $0 |
| 2018 | $5,361 | $380,633 | $0 | $0 |
| 2017 | $5,220 | $369,300 | $0 | $0 |
| 2016 | -- | $367,700 | $0 | $0 |
| 2015 | $6,960 | $366,100 | $0 | $0 |
| 2014 | $6,960 | $364,500 | $0 | $0 |
Source: Public Records
Map
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