NOT LISTED FOR SALE

6 7th St Unit 506 Ocean City, MD 21842

Estimated Value: $690,000 - $949,058

3 Beds
3 Baths
1,642 Sq Ft
$497/Sq Ft Est. Value

About This Home

This home is located at 6 7th St Unit 506, Ocean City, MD 21842 and is currently estimated at $815,765, approximately $496 per square foot. 6 7th St Unit 506 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
Mar 19, 2010
Sold by
Deutsche Bank National Trust
Bought by
Drm Investments Llc
Current Estimated Value
$815,765

Purchase Details

Closed on
Feb 25, 2010
Sold by
Ramadan Basel
Bought by
Deutsche Bank National Trust

Purchase Details

Closed on
Dec 29, 2006
Sold by
May Development Llc
Bought by
Ramadan Basel and Ramadan Shireen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,925
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2006
Sold by
May Development Llc
Bought by
Ramadan Basel and Ramadan Shireen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,925
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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
Drm Investments Llc $349,000 --
Deutsche Bank National Trust $382,500 --
Ramadan Basel $799,900 --
Ramadan Basel $799,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramadan Basel $599,925
Previous Owner Ramadan Basel $599,925
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 $8,102 $593,300 $0 $0
2024 $7,714 $552,800 $0 $0
2023 $7,200 $512,300 $358,600 $153,700
2022 $7,200 $512,300 $358,600 $153,700
2021 $7,239 $512,300 $358,600 $153,700
2020 $7,181 $512,300 $358,600 $153,700
2019 $7,202 $506,267 $0 $0
2018 $7,045 $500,233 $0 $0
2017 $6,698 $494,200 $0 $0
2016 -- $471,767 $0 $0
2015 $6,542 $449,333 $0 $0
2014 $6,542 $426,900 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

6 7th St Unit 506, Ocean City, MD

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