616 Gulf Stream Dr Ocean City, MD 21842
Estimated Value: $628,000 - $835,000
--
Bed
2
Baths
1,440
Sq Ft
$500/Sq Ft
Est. Value
About This Home
This home is located at 616 Gulf Stream Dr, Ocean City, MD 21842 and is currently estimated at $720,035, approximately $500 per square foot. 616 Gulf Stream Dr 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
Feb 17, 2021
Sold by
Desocio Mark J
Bought by
Desocio Michael R and Desocio Mark J
Current Estimated Value
Purchase Details
Closed on
Jun 24, 1997
Sold by
John Nicholas
Bought by
Barrett Russell L and Barrett Eleanor A
Purchase Details
Closed on
Mar 23, 1990
Sold by
Roz Ronald R
Bought by
Nicholas John and Nicholas Marianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
10.26%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desocio Michael R | -- | None Available | |
| Barrett Russell L | $100,450 | -- | |
| Nicholas John | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nicholas John | $86,250 | |
| Closed | Barrett Russell L | -- |
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 | $5,180 | $607,733 | $0 | $0 |
| 2024 | $5,146 | $530,467 | $0 | $0 |
| 2023 | $5,028 | $453,200 | $232,000 | $221,200 |
| 2022 | $4,902 | $423,800 | $0 | $0 |
| 2021 | $4,804 | $394,400 | $0 | $0 |
| 2020 | $4,611 | $365,000 | $232,000 | $133,000 |
| 2019 | $4,625 | $365,000 | $232,000 | $133,000 |
| 2018 | $5,772 | $365,000 | $232,000 | $133,000 |
| 2017 | $1,667 | $408,800 | $0 | $0 |
| 2016 | -- | $399,167 | $0 | $0 |
| 2015 | -- | $389,533 | $0 | $0 |
| 2014 | $3,369 | $379,900 | $0 | $0 |
Source: Public Records
Map
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