109 123rd St
Ocean City, MD 21842
2 bd 3 ba 1,080 sqft Built 1985 townhomes
Most recent sale
$420,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $420,000 | MLS #MDWO2008106 |
| May 30, 2022 | Relisted | $399,999 | MLS #MDWO2008106 |
| May 25, 2022 | Listed | $399,999 | MLS #MDWO2008106 |
| May 4, 2017 | Sold | $220,000 | Public Record |
| Dec 31, 2003 | Sold | $254,900 | Public Record |
| Jul 23, 1993 | Sold | $100,000 | Public Record |
| Feb 26, 1986 | Sold | $80,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $104,800 | $104,700 | $209,500 | $2,944 |
| 2021 | $104,800 | $104,700 | $209,500 | $2,960 |
| 2020 | $104,800 | $104,700 | $209,500 | $2,960 |
| 2019 | — | — | $208,067 | $2,960 |
| 2018 | — | — | $206,633 | $2,919 |
| 2017 | $102,600 | $102,600 | $205,200 | $2,899 |
| 2016 | $102,600 | $102,600 | $205,200 | $2,913 |
| 2015 | $102,600 | $102,600 | $205,200 | $2,924 |
| 2014 | $102,600 | $102,600 | $205,200 | $2,778 |
| 2013 | — | — | $205,200 | $2,751 |
| 2012 | — | — | $205,200 | $3,097 |
| 2011 | — | — | $258,120 | $3,097 |
| 2010 | — | — | $258,120 | $2,078 |
Property facts
Year built
1985
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,080 sqft
Lot size
—
ZIP code
21842
City
Ocean City
Street
123rd St
Coordinates
38.42822, -75.05971
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
$1,620
Gross rental yield
4.63%
Implied cap rate
3.01%
Trend-extrapolated value
—
Frequently asked questions
When did 109 123rd St last sell?
109 123rd St most recently sold on Jul 15, 2022 for $420,000.
What is the current tax assessment for 109 123rd St?
The most recent total assessment for 109 123rd St (year 2022) is $209,500 with $2,944 in property tax.
How does 109 123rd St's assessment compare to its last sale price?
The current assessment is 50.1% below the last sale price of $420,000.
When was 109 123rd St built?
109 123rd St was built in 1985.
How does 109 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 109 123rd St?
109 123rd St is a 2 bed, 3 bath, 1,080 sqft townhomes.
Is 109 123rd St a flip candidate?
No — 109 123rd St does not appear in our flips dataset.
Is 109 123rd St a tax-appeal candidate?
No — 109 123rd 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 123rd St