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11 123rd St

Ocean City, MD 21842

3 bd 3 ba 1,530 sqft Built 1985 condo
Most recent sale
$599,900
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2023 Sold $625,000 BrightMLS
Sep 30, 2022 Sold $599,900 MLS #MDWO2009124
Jul 19, 2022 Price changed $599,900 MLS #MDWO2009124
Jul 15, 2022 Listed $619,900 MLS #MDWO2009124
Aug 30, 2021 Sold $535,000 MLS #MDWO2000792
Jul 22, 2021 Listed $525,000 MLS #MDWO2000792
May 24, 2017 Sold $285,000 MLS #505035
Nov 1, 2016 Sold $285,000 Public Record
Jul 8, 2016 Listed $299,900 MLS #505035
Oct 28, 2015 Listing removed $325,000 Coastal
Apr 29, 2015 Listed $325,000 MLS #496930
Apr 3, 2002 Sold $239,900 Public Record
Sep 22, 1986 Sold $131,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $135,400 $135,400 $270,800 $3,805
2021 $135,400 $135,400 $270,800 $3,827
2020 $135,400 $135,400 $270,800 $3,826
2019 $260,600 $3,707
2018 $250,400 $3,537
2017 $120,100 $120,100 $240,200 $3,393
2016 $120,100 $120,100 $240,200 $3,410
2015 $120,100 $120,100 $240,200 $3,423
2014 $129,400 $129,300 $258,700 $2,694
2013 $258,700 $2,598
2012 $258,700 $2,318
2011 $383,460 $2,230
2010 $383,460 $1,467

Property facts

Year built
1985
Property type
condo
Stories
Beds
3
Baths
3
Living area
1,530 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
123rd St
Coordinates
38.42791, -75.05468

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
$2,295
Gross rental yield
4.59%
Implied cap rate
2.98%
Trend-extrapolated value

Frequently asked questions

When did 11 123rd St last sell?
11 123rd St most recently sold on Sep 30, 2022 for $599,900.
What is the current tax assessment for 11 123rd St?
The most recent total assessment for 11 123rd St (year 2022) is $270,800 with $3,805 in property tax.
How does 11 123rd St's assessment compare to its last sale price?
The current assessment is 54.9% below the last sale price of $599,900.
When was 11 123rd St built?
11 123rd St was built in 1985.
How does 11 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 11 123rd St?
11 123rd St is a 3 bed, 3 bath, 1,530 sqft condo.
Is 11 123rd St a flip candidate?
No — 11 123rd St does not appear in our flips dataset.
Is 11 123rd St a tax-appeal candidate?
No — 11 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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