NOT LISTED FOR SALE

8700 Chesapeake Dr Ocean City, MD 21842

Estimated Value: $473,000 - $605,000

-- Bed
2 Baths
1,232 Sq Ft
$441/Sq Ft Est. Value

About This Home

This home is located at 8700 Chesapeake Dr, Ocean City, MD 21842 and is currently estimated at $543,787, approximately $441 per square foot. 8700 Chesapeake 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 5, 1995
Sold by
Wise Anna S
Bought by
Michael Wise Jarrett and Wise Mary R
Current Estimated Value
$543,787

Purchase Details

Closed on
Jul 21, 1981
Sold by
Messick John Wallace
Bought by
Wise Anna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
16.74%
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
Michael Wise Jarrett $100,000 --
Wise Anna S $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Jarrett Michael $58,400
Previous Owner Wise Anna S $47,500
Closed Michael Wise Jarrett --
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 $4,296 $343,000 $0 $0
2024 $4,296 $307,900 $0 $0
2023 $3,834 $272,800 $188,000 $84,800
2022 $3,729 $265,367 $0 $0
2021 $3,645 $257,933 $0 $0
2020 $3,539 $250,500 $188,000 $62,500
2019 $3,564 $250,500 $188,000 $62,500
2018 $3,528 $250,500 $188,000 $62,500
2017 $3,557 $251,800 $0 $0
2016 -- $249,567 $0 $0
2015 $3,856 $247,333 $0 $0
2014 $3,856 $245,100 $0 $0
Source: Public Records

Map

Maryland Worcester County Ocean City 21842

8700 Chesapeake Dr, Ocean City, MD

This home is located at 8700 Chesapeake Dr, Ocean City, MD 21842 and is currently estimated at $543,787, approximately $441 per square foot. 8700 Chesapeake Dr is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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