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107 112th St

Ocean City, MD 21842

2 bd 1 ba 882 sqft Built 1974 condos
Most recent sale
$340,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $340,000 MLS #MDWO2007526
May 19, 2022 Listed $322,500 MLS #MDWO2007526

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $75,000 $74,900 $149,900 $2,106
2021 $75,000 $74,900 $149,900 $2,118
2020 $75,000 $74,900 $149,900 $2,118
2019 $75,000 $74,900 $149,900 $2,132
2018 $75,000 $74,900 $149,900 $2,117
2017 $112,500 $112,400 $224,900 $3,177
2016 $213,133 $3,026
2015 $201,367 $2,869
2014 $94,800 $94,800 $189,600 $2,567
2013 $189,600 $2,542
2012 $189,600 $2,709
2011 $225,790 $2,709
2010 $225,790 $1,818

Property facts

Year built
1974
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
882 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
112th St
Coordinates
38.41891, -75.05951

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,323
Gross rental yield
4.67%
Implied cap rate
3.04%
Trend-extrapolated value

Frequently asked questions

When did 107 112th St last sell?
107 112th St most recently sold on Jul 15, 2022 for $340,000.
What is the current tax assessment for 107 112th St?
The most recent total assessment for 107 112th St (year 2022) is $149,900 with $2,106 in property tax.
How does 107 112th St's assessment compare to its last sale price?
The current assessment is 55.9% below the last sale price of $340,000.
When was 107 112th St built?
107 112th St was built in 1974.
How does 107 112th St compare to others on 112th St?
We track 8 other properties on 112th St. Browse the list under "Other properties on 112th St" to compare beds, baths, and sale history.
What are the property facts for 107 112th St?
107 112th St is a 2 bed, 1 bath, 882 sqft condos.
Is 107 112th St a flip candidate?
No — 107 112th St does not appear in our flips dataset.
Is 107 112th St a tax-appeal candidate?
No — 107 112th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast

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