5701 Atlantic Ave Unit 1M Ocean City, MD 21842
Estimated Value: $533,000 - $643,000
--
Bed
2
Baths
1,136
Sq Ft
$517/Sq Ft
Est. Value
About This Home
This home is located at 5701 Atlantic Ave Unit 1M, Ocean City, MD 21842 and is currently estimated at $587,547, approximately $517 per square foot. 5701 Atlantic Ave Unit 1M 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, 2024
Sold by
Fairbanks Philip J
Bought by
Fairbanks Philip J and Fairbanks Mary S
Current Estimated Value
Purchase Details
Closed on
Jun 7, 2024
Sold by
Fairbanks Leslie G
Bought by
Fairbanks Philip J
Purchase Details
Closed on
Jun 18, 1998
Sold by
Rolfe John A and Rolfe Dorothy J
Bought by
Fairbanks Joseph M and Fairbanks Leslie G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fairbanks Philip J | -- | None Listed On Document | |
| Fairbanks Philip J | -- | None Listed On Document | |
| Fairbanks Philip J | -- | None Listed On Document | |
| Fairbanks Joseph M | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Fairbanks Joseph M | -- |
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 | $5,631 | $412,333 | $0 | $0 |
| 2024 | $5,278 | $378,267 | $0 | $0 |
| 2023 | $4,837 | $344,200 | $240,900 | $103,300 |
| 2022 | $4,837 | $344,200 | $240,900 | $103,300 |
| 2021 | $4,864 | $344,200 | $240,900 | $103,300 |
| 2020 | $4,863 | $344,200 | $240,900 | $103,300 |
| 2019 | $4,880 | $343,067 | $0 | $0 |
| 2018 | $4,816 | $341,933 | $0 | $0 |
| 2017 | $4,814 | $340,800 | $0 | $0 |
| 2016 | -- | $340,800 | $0 | $0 |
| 2015 | $5,112 | $340,800 | $0 | $0 |
| 2014 | $5,112 | $340,800 | $0 | $0 |
Source: Public Records
Map
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