12 122nd St
Ocean City, MD 21842
1 bd 1 ba 432 sqft Built 1974 condos
Most recent sale
$219,000
Apr 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2022 | Sold | $219,000 | MLS #MDWO2006600 |
| Mar 25, 2022 | Listed | $219,000 | MLS #MDWO2006600 |
| Feb 29, 2012 | Listing removed | $129,500 | MRIS |
| Nov 2, 2011 | Listed | $129,500 | MLS #WO7720366 |
| Oct 27, 2011 | Listed | $129,500 | MLS #475315 |
| May 4, 2007 | Sold | $171,500 | Public Record |
| Apr 29, 2004 | Sold | $148,000 | Public Record |
| Jan 25, 1994 | Sold | $36,000 | Public Record |
| Sep 17, 1986 | Sold | $43,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $152,300 | $2,079 |
| 2024 | — | — | $152,300 | $1,719 |
| 2022 | $47,100 | $47,000 | $94,100 | $1,322 |
| 2021 | $47,100 | $47,000 | $94,100 | $1,330 |
| 2020 | $47,100 | $47,000 | $94,100 | $1,329 |
| 2019 | $47,100 | $47,000 | $94,100 | $1,338 |
| 2018 | $47,100 | $47,000 | $94,100 | $1,329 |
| 2017 | $52,900 | $52,900 | $105,800 | $1,494 |
| 2016 | $52,900 | $52,900 | $105,800 | $1,502 |
| 2015 | $52,900 | $52,900 | $105,800 | $1,507 |
| 2014 | $56,200 | $56,100 | $112,300 | $1,518 |
| 2013 | — | — | $112,300 | $1,520 |
| 2012 | — | — | $112,300 | $1,505 |
| 2011 | — | — | $141,260 | $1,695 |
| 2010 | — | — | $141,260 | $1,695 |
| 2009 | — | — | $141,260 | $1,137 |
| 2008 | — | — | $176,680 | $2,106 |
Property facts
Year built
1974
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
432 sqft
Lot size
—
ZIP code
21842
City
Ocean City
Street
122nd St
Coordinates
38.42752, -75.05488
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,314
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 12 122nd St last sell?
12 122nd St most recently sold on Apr 19, 2022 for $219,000.
What is the current tax assessment for 12 122nd St?
The most recent total assessment for 12 122nd St (year 2025) is $152,300 with $2,079 in property tax.
How does 12 122nd St's assessment compare to its last sale price?
The current assessment is 30.5% below the last sale price of $219,000.
When was 12 122nd St built?
12 122nd St was built in 1974.
How does 12 122nd St compare to others on 122nd St?
We track 8 other properties on 122nd St. Browse the list under "Other properties on 122nd St" to compare beds, baths, and sale history.
What are the property facts for 12 122nd St?
12 122nd St is a 1 bed, 1 bath, 432 sqft condos.
Is 12 122nd St a flip candidate?
No — 12 122nd St does not appear in our flips dataset.
Is 12 122nd St a tax-appeal candidate?
No — 12 122nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 122nd St