NOT LISTED FOR SALE

705 Loop Rd Ocean City, MD 21842

Estimated Value: $851,000 - $984,000

3 Beds
2 Baths
2,332 Sq Ft
$396/Sq Ft Est. Value

About This Home

This home is located at 705 Loop Rd, Ocean City, MD 21842 and is currently estimated at $924,377, approximately $396 per square foot. 705 Loop Rd 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 29, 2021
Sold by
Lawrence Kenneth E and Lawrence Patricia M
Bought by
Lawrence Kebnneth E and Lawrence Patricia M
Current Estimated Value
$924,377

Purchase Details

Closed on
Oct 23, 2015
Sold by
Schueler Robert E and Schueler Margaret A
Bought by
Lawerence Kenneth E and Lawerence Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$296,921
Interest Rate
2.56%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$627,456

Purchase Details

Closed on
Sep 22, 1998
Sold by
Broderick Robert Dale
Bought by
Schueler Robert E and Schueler Margaret A

Purchase Details

Closed on
Jun 26, 1990
Sold by
Richardson Richardson E and Richardson Don
Bought by
Broderick Robert Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
10.16%

Purchase Details

Closed on
Sep 13, 1989
Sold by
Hacking Hacking G and Hacking Sally S
Bought by
Richardson Richardson E and Richardson Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
10.17%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lawrence Kebnneth E -- None Available
Lawerence Kenneth E $495,000 Resort Land Title & Escrow
Schueler Robert E $252,000 --
Broderick Robert Dale $269,500 --
Richardson Richardson E $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawerence Kenneth E $396,000
Previous Owner Broderick Robert Dale $84,000
Previous Owner Richardson Richardson E $195,000
Closed Schueler Robert E --
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 $8,580 $628,333 $0 $0
2024 $7,779 $557,467 $0 $0
2023 $6,839 $486,600 $285,600 $201,000
2022 $6,832 $486,100 $0 $0
2021 $6,862 $485,600 $0 $0
2020 $6,854 $485,100 $285,600 $199,500
2019 $6,757 $475,000 $0 $0
2018 $6,548 $464,900 $0 $0
2017 $6,355 $454,800 $0 $0
2016 $5,255 $447,633 $0 $0
2015 $5,255 $440,467 $0 $0
2014 $5,255 $433,300 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

705 Loop Rd, Ocean City, MD

This home is located at 705 Loop Rd, Ocean City, MD 21842 and is currently estimated at $924,377, approximately $396 per square foot. 705 Loop Rd is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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