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105 123rd St

Ocean City, MD 21842

1 bd 1 ba 703 sqft Built 1984 condos
Most recent sale
$240,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $240,000 MLS #MDWO2007118
Apr 15, 2022 Listed $219,900 MLS #MDWO2007118
Aug 30, 2019 Sold $123,000 Public Record
Nov 21, 2000 Sold $64,500 Public Record
May 1, 1997 Sold $49,000 Public Record
May 15, 1990 Sold $51,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $202,667 $2,767
2024 $202,667 $2,320
2022 $65,000 $65,000 $130,000 $1,826
2021 $65,000 $65,000 $130,000 $1,837
2020 $65,000 $65,000 $130,000 $1,836
2019 $128,833 $1,832
2018 $127,667 $1,803
2017 $63,300 $63,200 $126,500 $1,786
2016 $119,467 $1,696
2015 $112,433 $1,602
2014 $52,700 $52,700 $105,400 $1,425
2013 $105,400 $1,427
2012 $105,400 $1,412
2011 $144,110 $1,729
2010 $144,110 $1,729
2009 $144,110 $1,160
2008 $179,960 $2,145

Property facts

Year built
1984
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
703 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
123rd St
Coordinates
38.42800, -75.05716

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
$1,055
Gross rental yield
5.28%
Implied cap rate
3.43%
Trend-extrapolated value

Frequently asked questions

When did 105 123rd St last sell?
105 123rd St most recently sold on May 13, 2022 for $240,000.
What is the current tax assessment for 105 123rd St?
The most recent total assessment for 105 123rd St (year 2025) is $202,667 with $2,767 in property tax.
How does 105 123rd St's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $240,000.
When was 105 123rd St built?
105 123rd St was built in 1984.
How does 105 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 105 123rd St?
105 123rd St is a 1 bed, 1 bath, 703 sqft condos.
Is 105 123rd St a flip candidate?
No — 105 123rd St does not appear in our flips dataset.
Is 105 123rd St a tax-appeal candidate?
No — 105 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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