705 Penguin Dr Ocean City, MD 21842
Estimated Value: $734,000 - $874,000
--
Bed
2
Baths
1,447
Sq Ft
$556/Sq Ft
Est. Value
About This Home
This home is located at 705 Penguin Dr, Ocean City, MD 21842 and is currently estimated at $803,930, approximately $555 per square foot. 705 Penguin 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
Apr 8, 2005
Sold by
Principe Alfred P
Bought by
Hagan James and Hagan Patricia
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
$548,000
Outstanding Balance
$277,623
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$526,307
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hagan James | $685,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hagan James | $548,000 | |
| Closed | Hagan James | $68,500 |
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 | $8,392 | $614,533 | $0 | $0 |
| 2024 | $7,925 | $567,967 | $0 | $0 |
| 2023 | $7,350 | $521,400 | $340,000 | $181,400 |
| 2022 | $7,280 | $518,033 | $0 | $0 |
| 2021 | $7,273 | $514,667 | $0 | $0 |
| 2020 | $7,046 | $511,300 | $340,000 | $171,300 |
| 2019 | $7,046 | $496,767 | $0 | $0 |
| 2018 | $6,792 | $482,233 | $0 | $0 |
| 2017 | $6,433 | $467,700 | $0 | $0 |
| 2016 | -- | $453,133 | $0 | $0 |
| 2015 | $6,612 | $438,567 | $0 | $0 |
| 2014 | $6,612 | $424,000 | $0 | $0 |
Source: Public Records
Map
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