NOT LISTED FOR SALE

8942 Ocean Hwy Delmar, MD 21875

North Salisbury Neighborhood

Estimated Value: $1,400,816

-- Bed
-- Bath
-- Sq Ft
1 Acres

About This Home

This home is located at 8942 Ocean Hwy, Delmar, MD 21875 and is currently estimated at $1,400,816. 8942 Ocean Hwy is a home located in Wicomico County with nearby schools including Delmar Elementary School, Wicomico Middle School, and Wicomico High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2008
Sold by
Lighthouse Square Llc
Bought by
Nechay Ventures Llc
Current Estimated Value
$1,400,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,804
Outstanding Balance
$437,978
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$957,746

Purchase Details

Closed on
Jul 17, 2002
Sold by
Elsmere Realty Co
Bought by
Lighthouse Square Llc
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
Nechay Ventures Llc $925,000 --
Lighthouse Square Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nechay Ventures Llc $360,000
Open Nechay Ventures Llc $664,804
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
2024 $9,612 $1,002,500 $1,002,500 $0
2023 $10,000 $1,002,500 $1,002,500 $0
2022 $10,215 $1,002,500 $1,002,500 $0
2021 $10,294 $1,002,500 $1,002,500 $0
2020 $10,339 $1,002,500 $1,002,500 $0
2019 $10,492 $1,002,500 $1,002,500 $0
2018 $18,594 $1,002,500 $1,002,500 $0
2017 $10,144 $1,002,500 $0 $0
2016 -- $953,700 $0 $0
2015 $7,958 $904,900 $0 $0
2014 $7,958 $856,100 $0 $0
Source: Public Records

Map

Maryland Wicomico County Delmar 21875 North Salisbury

8942 Ocean Hwy, Delmar, MD

This home is located at 8942 Ocean Hwy, Delmar, MD 21875 and is currently estimated at $1,400,816. 8942 Ocean Hwy is a home located in Wicomico County with nearby schools including Delmar Elementary School, Wicomico Middle School, and Wicomico High School.

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