7401 Atlantic Ave Unit 31 Ocean City, MD 21842
Estimated Value: $374,720 - $483,000
--
Bed
1
Bath
720
Sq Ft
$576/Sq Ft
Est. Value
About This Home
This home is located at 7401 Atlantic Ave Unit 31, Ocean City, MD 21842 and is currently estimated at $414,680, approximately $575 per square foot. 7401 Atlantic Ave Unit 31 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 20, 2008
Sold by
James Woodward
Bought by
Louise Cerne Phyllis
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
$288,000
Outstanding Balance
$182,675
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,005
Purchase Details
Closed on
May 16, 2008
Sold by
James Woodward
Bought by
Louise Cerne Phyllis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$182,675
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,005
Purchase Details
Closed on
Dec 16, 2004
Sold by
James Woodward
Bought by
James Woodward and James Bette J
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Louise Cerne Phyllis | $360,000 | -- | |
Louise Cerne Phyllis | $360,000 | -- | |
James Woodward | $3,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Louise Cerne Phyllis | $288,000 | |
Closed | Louise Cerne Phyllis | $288,000 |
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 | $3,667 | $295,200 | $0 | $0 |
2024 | $3,667 | $262,800 | $0 | $0 |
2023 | $3,238 | $230,400 | $161,200 | $69,200 |
2022 | $3,238 | $230,400 | $161,200 | $69,200 |
2021 | $3,256 | $230,400 | $161,200 | $69,200 |
2020 | $3,255 | $230,400 | $161,200 | $69,200 |
2019 | $3,165 | $222,467 | $0 | $0 |
2018 | $3,022 | $214,533 | $0 | $0 |
2017 | $2,918 | $206,600 | $0 | $0 |
2016 | -- | $206,600 | $0 | $0 |
2015 | $3,568 | $206,600 | $0 | $0 |
2014 | $3,568 | $248,400 | $0 | $0 |
Source: Public Records
Map
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