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103 123rd St

Ocean City, MD 21842

1 bd 1 ba 698 sqft Built 1984 condos
Most recent sale
$235,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 30, 2025 Listed $259,000 BrightMLS
Apr 8, 2022 Sold $235,000 MLS #MDWO2006404
Mar 23, 2022 Listed $212,500 MLS #MDWO2006404
Dec 11, 2017 Sold $113,000 MLS #1000518258
Oct 31, 2017 Price changed $121,500 MLS #513077
Oct 16, 2017 Listed $121,500 MLS #1000518258
Oct 28, 2015 Listing removed $139,000 Coastal
May 8, 2015 Listed $139,000 MLS #497134
Feb 3, 1994 Sold $50,000 Public Record
Feb 8, 1983 Sold $45,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $59,300 $59,300 $118,600 $1,666
2021 $59,300 $59,300 $118,600 $1,676
2020 $59,300 $59,300 $118,600 $1,676
2019 $59,300 $59,300 $118,600 $1,687
2018 $59,300 $59,300 $118,600 $1,675
2017 $76,800 $76,700 $153,500 $2,168
2016 $145,367 $2,064
2015 $137,233 $1,956
2014 $64,600 $64,500 $129,100 $1,748
2013 $129,100 $1,731
2012 $129,100 $1,759
2011 $146,580 $1,759
2010 $146,580 $1,180

Property facts

Year built
1984
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
698 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
123rd St
Coordinates
38.42771, -75.05727

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
$1,047
Gross rental yield
5.35%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 103 123rd St last sell?
103 123rd St most recently sold on Apr 8, 2022 for $235,000.
What is the current tax assessment for 103 123rd St?
The most recent total assessment for 103 123rd St (year 2022) is $118,600 with $1,666 in property tax.
How does 103 123rd St's assessment compare to its last sale price?
The current assessment is 49.5% below the last sale price of $235,000.
When was 103 123rd St built?
103 123rd St was built in 1984.
How does 103 123rd St compare to others on 123rd St?
We track 8 other properties on 123rd St. Browse the list under "Other properties on 123rd St" to compare beds, baths, and sale history.
What are the property facts for 103 123rd St?
103 123rd St is a 1 bed, 1 bath, 698 sqft condos.
Is 103 123rd St a flip candidate?
No — 103 123rd St does not appear in our flips dataset.
Is 103 123rd St a tax-appeal candidate?
No — 103 123rd 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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