NOT LISTED FOR SALE

8707 Mediterranean Dr Ocean City, MD 21842

Estimated Value: $397,744 - $577,000

-- Bed
1 Bath
1,040 Sq Ft
$488/Sq Ft Est. Value

About This Home

This home is located at 8707 Mediterranean Dr, Ocean City, MD 21842 and is currently estimated at $507,436, approximately $487 per square foot. 8707 Mediterranean 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
Aug 29, 2019
Sold by
The Estate Of Asperino Celotto
Bought by
Rolfes John R and Rolfes Kristina E
Current Estimated Value
$516,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,232
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1991
Sold by
Baumgardner Taylor Linda and Baumgardner Douglas
Bought by
Celotto Asperino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.47%

Purchase Details

Closed on
Jan 17, 1986
Sold by
Todd Nan
Bought by
Baumgardner Taylor Linda and Baumgardner Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,450
Interest Rate
10.99%

Purchase Details

Closed on
Mar 23, 1984
Sold by
Winfield Albert E
Bought by
Todd Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,450
Interest Rate
13.48%
Source: Public Records

Range of Values:

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
Rolfes John R $222,480 Lakeside Title Company
Celotto Asperino $78,000 --
Baumgardner Taylor Linda $81,000 --
Todd Nan $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roles John P $263,000
Closed Rolfes John R $200,232
Previous Owner Celotto Asperino $50,000
Previous Owner Baumgardner Taylor Linda $66,450
Previous Owner Todd Nan $66,450
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 $3,800 $306,500 $0 $0
2024 $3,800 $272,300 $0 $0
2023 $3,346 $238,100 $173,000 $65,100
2022 $3,267 $232,433 $0 $0
2021 $3,204 $226,767 $0 $0
2020 $3,124 $221,100 $173,000 $48,100
2019 $2,341 $221,100 $173,000 $48,100
2018 $3,139 $221,100 $173,000 $48,100
2017 $2,214 $222,300 $0 $0
2016 -- $220,033 $0 $0
2015 -- $217,767 $0 $0
2014 $1,684 $215,500 $0 $0
Source: Public Records

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