NOT LISTED FOR SALE

702 Mooring Rd Unit B Ocean City, MD 21842

Estimated Value: $494,000 - $518,000

2 Beds
3 Baths
1,248 Sq Ft
$406/Sq Ft Est. Value

About This Home

This home is located at 702 Mooring Rd Unit B, Ocean City, MD 21842 and is currently estimated at $506,929, approximately $406 per square foot. 702 Mooring Rd Unit B 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 23, 2016
Sold by
Boyd Allan C and Boyd Allan C
Bought by
Deharde Edward M and Martel Deharde Marguerite N
Current Estimated Value
$507,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Outstanding Balance
$105,342
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$401,587

Purchase Details

Closed on
Sep 26, 2008
Sold by
Lee Rayman R Gary and Lee Nancy
Bought by
Boyd Boyd Allan C Allan C and Boyd Allan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2008
Sold by
Lee Rayman R Gary and Lee Nancy
Bought by
Boyd Boyd Allan C Allan C and Boyd Allan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1990
Sold by
Elam James P and Elam Myrna E
Bought by
Brown Joseph E and Brown Helga G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
9.83%
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

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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
Deharde Edward M $265,000 Acquest Title Services Inc
Boyd Boyd Allan C Allan C $240,000 --
Boyd Boyd Allan C Allan C $240,000 --
Brown Joseph E $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deharde Edward M $132,500
Previous Owner Boyd Boyd Allan C Allan C $75,000
Previous Owner Boyd Boyd Allan C Allan C $75,000
Previous Owner Rayman Nancy Lee $102,057
Previous Owner Brown Joseph E $92,000
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 $4,434 $383,467 $0 $0
2024 $4,434 $317,733 $0 $0
2023 $3,552 $252,000 $126,000 $126,000
2022 $3,542 $252,000 $126,000 $126,000
2021 $3,561 $252,000 $126,000 $126,000
2020 $3,574 $252,000 $126,000 $126,000
2019 $3,585 $252,000 $126,000 $126,000
2018 $3,549 $252,000 $126,000 $126,000
2017 $3,703 $260,800 $0 $0
2016 -- $260,800 $0 $0
2015 $3,564 $260,800 $0 $0
2014 $3,564 $260,800 $0 $0
Source: Public Records

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