NOT LISTED FOR SALE

825 Ocean Hwy Pocomoke City, MD 21851

Estimated Value: $2,424,178

-- Bed
-- Bath
6,600 Sq Ft
$367/Sq Ft Est. Value

About This Home

This home is located at 825 Ocean Hwy, Pocomoke City, MD 21851 and is currently estimated at $2,424,178, approximately $367 per square foot. 825 Ocean Hwy is a home located in Worcester County with nearby schools including Pocomoke Elementary School, Pocomoke Middle School, and Pocomoke High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Pocomoke Hospitality Grpoup Inc
Bought by
Jaysant Hospitality Inc
Current Estimated Value
$2,424,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Outstanding Balance
$1,480,491
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$912,728

Purchase Details

Closed on
Mar 31, 1997
Sold by
Northgate Associates Limited
Bought by
Pocomoke Hospitality Group Inc

Purchase Details

Closed on
Dec 31, 1986
Sold by
Battistoni Paul P and Battistoni Paul P
Bought by
Northgate Associates Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,290,000
Interest Rate
9.29%
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
Jaysant Hospitality Inc $1,900,000 Ocean Investment Title Corp
Pocomoke Hospitality Group Inc $1,346,400 --
Northgate Associates Limited $1,419,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaysant Hospitality Inc $900,000
Closed Jaysant Hospitality Inc $865,000
Open Jaysant Hospitality Inc $1,620,000
Previous Owner Pocomoke Hospitality Group Inc $1,235,000
Previous Owner Northgate Associates Limited $1,290,000
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 $35,906 $1,925,400 $295,800 $1,629,600
2024 $35,906 $1,727,733 $0 $0
2023 $31,798 $1,530,067 $0 $0
2022 $27,690 $1,332,400 $295,800 $1,036,600
2021 $24,823 $1,188,767 $0 $0
2020 $21,823 $1,045,133 $0 $0
2019 $18,824 $901,500 $295,800 $605,700
2018 $8,356 $891,933 $0 $0
2017 $18,138 $882,367 $0 $0
2016 -- $872,800 $0 $0
2015 -- $872,800 $0 $0
2014 $25,186 $872,800 $0 $0
Source: Public Records

Map

Maryland Worcester County Pocomoke City 21851

825 Ocean Hwy, Pocomoke City, MD

This home is located at 825 Ocean Hwy, Pocomoke City, MD 21851 and is currently estimated at $2,424,178, approximately $367 per square foot. 825 Ocean Hwy is a home located in Worcester County with nearby schools including Pocomoke Elementary School, Pocomoke Middle School, and Pocomoke High School.

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