706 Gulf Stream Dr Ocean City, MD 21842
Estimated Value: $621,000 - $753,000
--
Bed
--
Bath
1,296
Sq Ft
$533/Sq Ft
Est. Value
About This Home
This home is located at 706 Gulf Stream Dr, Ocean City, MD 21842 and is currently estimated at $690,601, approximately $532 per square foot. 706 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 15, 2025
Sold by
Phillips Drucilla M
Bought by
Drucilla M Phillips Revocable Trust and Phillips
Current Estimated Value
Purchase Details
Closed on
Sep 26, 2024
Sold by
Phillips Charles and Phillips Drucilla
Bought by
Phillips Drucilla M and Phillips Drucilla Marie
Purchase Details
Closed on
Oct 26, 1988
Sold by
Ocean Development Corp
Bought by
Cerruti Roger A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.28%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drucilla M Phillips Revocable Trust | -- | None Listed On Document | |
| Drucilla M Phillips Revocable Trust | -- | None Listed On Document | |
| Phillips Drucilla M | -- | None Listed On Document | |
| Phillips Drucilla M | -- | None Listed On Document | |
| Cerruti Roger A | $74,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cerruti Roger A | $100,000 |
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 | $7,643 | $559,700 | $0 | $0 |
| 2024 | $6,811 | $488,100 | $0 | $0 |
| 2023 | $5,853 | $416,500 | $232,000 | $184,500 |
| 2022 | $5,511 | $392,167 | $0 | $0 |
| 2021 | $5,198 | $367,833 | $0 | $0 |
| 2020 | $4,853 | $343,500 | $232,000 | $111,500 |
| 2019 | $4,887 | $343,500 | $232,000 | $111,500 |
| 2018 | $4,838 | $343,500 | $232,000 | $111,500 |
| 2017 | $5,482 | $388,100 | $0 | $0 |
| 2016 | -- | $377,833 | $0 | $0 |
| 2015 | $5,093 | $367,567 | $0 | $0 |
| 2014 | $5,093 | $357,300 | $0 | $0 |
Source: Public Records
Map
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