NOT LISTED FOR SALE

8805 Mediterranean Dr Ocean City, MD 21842

Estimated Value: $368,465 - $526,000

-- Bed
2 Baths
960 Sq Ft
$488/Sq Ft Est. Value

About This Home

This home is located at 8805 Mediterranean Dr, Ocean City, MD 21842 and is currently estimated at $468,616, approximately $488 per square foot. 8805 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
Nov 3, 2023
Sold by
Kirby Terrence B
Bought by
L Salis Llc
Current Estimated Value
$474,670

Purchase Details

Closed on
Mar 18, 1999
Sold by
Caruso Louis
Bought by
Kirby Terrence

Purchase Details

Closed on
Dec 9, 1981
Sold by
Agnor Walter Dewitt
Bought by
Caruso Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
16.9%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
L Salis Llc -- Resort Land Title
Kirby Terrence $75,000 --
Caruso Louis $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caruso Louis $40,000
Closed Kirby Terrence --
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 $3,586 $286,900 $0 $0
2024 $3,586 $257,000 $0 $0
2023 $3,192 $227,100 $173,000 $54,100
2022 $3,125 $222,367 $0 $0
2021 $3,075 $217,633 $0 $0
2020 $3,020 $212,900 $173,000 $39,900
2019 $3,029 $212,900 $173,000 $39,900
2018 $2,999 $212,900 $173,000 $39,900
2017 $3,002 $213,800 $0 $0
2016 -- $211,433 $0 $0
2015 $3,323 $209,067 $0 $0
2014 $3,323 $206,700 $0 $0
Source: Public Records

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