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11 131st St

Ocean City, MD 21842

2 bd 2 ba 897 sqft Built 1981 condos
Most recent sale
$420,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $420,000 MLS #MDWO2006774
Apr 15, 2022 Listed $434,900 MLS #MDWO2006774
Jul 27, 2011 Sold $260,000 Public Record
Jun 18, 2011 Listing removed $289,900 Coastal
Feb 17, 2011 Price changed $289,900 MLS #467869
Aug 5, 2010 Listed $299,000 MLS #467869
Nov 2, 1981 Sold $59,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $297,433 $4,061
2024 $297,433 $3,545
2022 $105,400 $105,300 $210,700 $2,961
2021 $105,400 $105,300 $210,700 $2,977
2020 $105,400 $105,300 $210,700 $2,976
2019 $105,400 $105,300 $210,700 $2,997
2018 $105,400 $105,300 $210,700 $2,976
2017 $105,400 $105,300 $210,700 $2,976
2016 $105,400 $105,300 $210,700 $2,991
2015 $105,400 $105,300 $210,700 $3,002
2014 $117,100 $117,000 $234,100 $3,165
2013 $234,100 $3,169
2012 $234,100 $3,138
2011 $235,010 $2,820
2010 $235,010 $2,820
2009 $235,010 $1,891
2008 $296,010 $3,528

Property facts

Year built
1981
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
897 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
131st St
Coordinates
38.43615, -75.05318

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
$1,346
Gross rental yield
3.85%
Implied cap rate
2.50%
Trend-extrapolated value

Frequently asked questions

When did 11 131st St last sell?
11 131st St most recently sold on May 27, 2022 for $420,000.
What is the current tax assessment for 11 131st St?
The most recent total assessment for 11 131st St (year 2025) is $297,433 with $4,061 in property tax.
How does 11 131st St's assessment compare to its last sale price?
The current assessment is 29.2% below the last sale price of $420,000.
When was 11 131st St built?
11 131st St was built in 1981.
How does 11 131st St compare to others on 131st St?
We track 7 other properties on 131st St. Browse the list under "Other properties on 131st St" to compare beds, baths, and sale history.
What are the property facts for 11 131st St?
11 131st St is a 2 bed, 2 bath, 897 sqft condos.
Is 11 131st St a flip candidate?
No — 11 131st St does not appear in our flips dataset.
Is 11 131st St a tax-appeal candidate?
No — 11 131st 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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