NOT LISTED FOR SALE

7 Corner Store Ln Unit LUT-Z-7 Ocean City, MD 21842

Estimated Value: $793,325 - $924,000

-- Bed
5 Baths
2,216 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 7 Corner Store Ln Unit LUT-Z-7, Ocean City, MD 21842 and is currently estimated at $838,581, approximately $378 per square foot. 7 Corner Store Ln Unit LUT-Z-7 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
Nov 6, 2020
Sold by
Tippett Janice
Bought by
White Kenneth P
Current Estimated Value
$838,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$192,190
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$646,391

Purchase Details

Closed on
Jun 23, 2005
Sold by
Nvr Inc
Bought by
Janice Tippett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,420
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Nvr Inc
Bought by
Janice Tippett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,420
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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
White Kenneth P $515,000 Bright Ttl & Settlemment Svc
Janice Tippett $615,530 --
Janice Tippett $615,530 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Kenneth P $215,000
Previous Owner Tippett Janice $384,000
Previous Owner Janice Tippett $492,420
Previous Owner Janice Tippett $492,420
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 $8,223 $650,600 $0 $0
2024 $8,223 $589,300 $0 $0
2023 $7,420 $528,000 $264,000 $264,000
2022 $7,420 $528,000 $264,000 $264,000
2021 $7,461 $528,000 $264,000 $264,000
2020 $7,375 $528,000 $264,000 $264,000
2019 $7,375 $518,400 $0 $0
2018 $7,166 $508,800 $0 $0
2017 $6,898 $499,200 $0 $0
2016 -- $485,900 $0 $0
2015 $5,539 $472,600 $0 $0
2014 $5,539 $459,300 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

7 Corner Store Ln Unit LUT-Z-7, Ocean City, MD

This home is located at 7 Corner Store Ln Unit LUT-Z-7, Ocean City, MD 21842 and is currently estimated at $838,581, approximately $378 per square foot. 7 Corner Store Ln Unit LUT-Z-7 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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