631 Gulf Stream Dr Ocean City, MD 21842
Estimated Value: $591,000 - $885,000
2
Beds
1
Bath
924
Sq Ft
$818/Sq Ft
Est. Value
About This Home
This home is located at 631 Gulf Stream Dr, Ocean City, MD 21842 and is currently estimated at $755,593, approximately $817 per square foot. 631 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
May 30, 2014
Sold by
Simms Eugene and Simms Judy L
Bought by
Takovich August C and Takovich Mary R
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
$200,000
Outstanding Balance
$158,535
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$597,058
Purchase Details
Closed on
Apr 1, 1999
Sold by
Murphy Timothy J and Murphy Shirley A
Bought by
Simms Eugene Jr and Simms Eugene Jr Judy L
Purchase Details
Closed on
Aug 16, 1996
Sold by
Ann Wiser Barbara
Bought by
Murphy Timothy J and Murphy Shirley A
Purchase Details
Closed on
Jan 29, 1986
Sold by
Boarman Dennis L and Boarman Melody D
Bought by
Wiser Barbara Ann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Takovich August C | $250,000 | Capitol Title | |
| Simms Eugene Jr | $119,900 | -- | |
| Murphy Timothy J | $96,250 | -- | |
| Wiser Barbara Ann | $68,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Takovich August C | $200,000 | |
| Closed | Murphy Timothy J | -- |
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 | $8,425 | $617,000 | $0 | $0 |
| 2024 | $7,736 | $554,400 | $0 | $0 |
| 2023 | $3,311 | $491,800 | $232,000 | $259,800 |
| 2022 | $3,472 | $247,067 | $0 | $0 |
| 2021 | $3,481 | $246,333 | $0 | $0 |
| 2020 | $3,470 | $245,600 | $232,000 | $13,600 |
| 2019 | $3,494 | $245,600 | $232,000 | $13,600 |
| 2018 | $3,459 | $245,600 | $232,000 | $13,600 |
| 2017 | $4,236 | $299,900 | $0 | $0 |
| 2016 | -- | $298,567 | $0 | $0 |
| 2015 | $4,335 | $299,500 | $0 | $0 |
| 2014 | $4,335 | $295,900 | $0 | $0 |
Source: Public Records
Map
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