NOT LISTED FOR SALE

862 Ocean Pkwy Berlin, MD 21811

Estimated Value: $382,644 - $468,000

-- Bed
2 Baths
1,708 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 862 Ocean Pkwy, Berlin, MD 21811 and is currently estimated at $418,161, approximately $244 per square foot. 862 Ocean Pkwy is a home located in Worcester County with nearby schools including Showell Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2005
Sold by
Pickard Jeffrey S
Bought by
Olsen Benjamin R and Souders Shane
Current Estimated Value
$418,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,800
Outstanding Balance
$110,004
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$308,157

Purchase Details

Closed on
Sep 20, 2005
Sold by
Pickard Jeffrey S
Bought by
Olsen Benjamin R and Souders Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,800
Outstanding Balance
$110,004
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$308,157

Purchase Details

Closed on
Jul 23, 2001
Sold by
Rice Waldron Charles
Bought by
Pickard Jeffrey S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Olsen Benjamin R $302,000 --
Olsen Benjamin R $302,000 --
Pickard Jeffrey S $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Benjamin R $271,800
Closed Olsen Benjamin R $271,800
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 $2,964 $321,133 $0 $0
2024 $2,669 $280,100 $72,400 $207,700
2023 $2,437 $254,667 $0 $0
2022 $2,184 $229,233 $0 $0
2021 $1,950 $203,800 $61,000 $142,800
2020 $1,947 $203,467 $0 $0
2019 $1,944 $203,133 $0 $0
2018 $1,912 $202,800 $56,500 $146,300
2017 $1,811 $191,200 $0 $0
2016 -- $179,600 $0 $0
2015 $1,614 $168,000 $0 $0
2014 $1,614 $168,000 $0 $0
Source: Public Records

Map

Maryland Worcester County Berlin 21811

862 Ocean Pkwy, Berlin, MD

Not Listed for Sale

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