NOT LISTED FOR SALE

5700 Coastal Hwy Unit 6 Ocean City, MD 21842

Estimated Value: $2,931,716

-- Bed
-- Bath
16,776 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 5700 Coastal Hwy Unit 6, Ocean City, MD 21842 and is currently estimated at $2,931,716, approximately $174 per square foot. 5700 Coastal Hwy Unit 6 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
Dec 26, 2024
Sold by
Lpb Office Llc
Bought by
5700 Coastal Llc
Current Estimated Value
$2,931,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,234,285
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$697,431

Purchase Details

Closed on
Oct 23, 2009
Sold by
G
Bought by
Lpb Office Llc

Purchase Details

Closed on
Sep 17, 1996
Sold by
J D Eastrich Properties
Bought by
G & W Realty L L C

Purchase Details

Closed on
Mar 18, 1996
Sold by
V O C Limited Partnership
Bought by
J D Eastrich Properties and No 1 Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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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
5700 Coastal Llc $3,000,000 None Listed On Document
5700 Coastal Llc $3,000,000 None Listed On Document
Lpb Office Llc $1,625,000 --
G & W Realty L L C $710,000 --
J D Eastrich Properties $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5700 Coastal Llc $2,250,000
Closed 5700 Coastal Llc $2,250,000
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 $29,010 $2,124,500 $1,148,000 $976,500
2024 $29,645 $2,124,500 $1,148,000 $976,500
2023 $30,551 $2,173,900 $830,000 $1,343,900
2022 $27,187 $1,934,533 $0 $0
2021 $25,681 $1,817,367 $0 $0
2020 $24,022 $1,700,200 $813,500 $886,700
2019 $22,833 $1,605,000 $0 $0
2018 $19,974 $1,509,800 $0 $0
2017 $19,983 $1,414,600 $0 $0
2016 -- $1,414,600 $0 $0
2015 -- $1,414,600 $0 $0
2014 $18,656 $1,554,700 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

5700 Coastal Hwy Unit 6, Ocean City, MD

Not Listed for Sale

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