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500 32nd St

Ocean City, MD 21842

3 bd 2 ba 900 sqft Built 1983 condos
Most recent sale
$400,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $400,000 MLS #MDWO2007752
May 13, 2022 Listed $450,000 MLS #MDWO2007752
Jan 18, 2008 Sold $280,000 Public Record
May 29, 2001 Sold $141,250 Public Record
Oct 22, 1998 Sold $96,500 Public Record
Feb 25, 1994 Sold $79,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $111,600 $111,600 $223,200 $3,136
2021 $111,600 $111,600 $223,200 $3,154
2020 $111,600 $111,600 $223,200 $3,153
2017 $105,600 $105,600 $211,200 $2,983
2016 $105,600 $105,600 $211,200 $2,998
2015 $105,600 $105,600 $211,200 $3,009
2014 $106,000 $106,000 $212,000 $2,867

Property facts

Year built
1983
Property type
condos
Stories
3
Beds
3
Baths
2
Living area
900 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
32nd St
Coordinates
38.36203, -75.07893

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
$1,350
Gross rental yield
4.05%
Implied cap rate
2.63%
Trend-extrapolated value

Frequently asked questions

When did 500 32nd St last sell?
500 32nd St most recently sold on Sep 26, 2022 for $400,000.
What is the current tax assessment for 500 32nd St?
The most recent total assessment for 500 32nd St (year 2022) is $223,200 with $3,136 in property tax.
How does 500 32nd St's assessment compare to its last sale price?
The current assessment is 44.2% below the last sale price of $400,000.
When was 500 32nd St built?
500 32nd St was built in 1983.
How does 500 32nd St compare to others on 32nd St?
We track 8 other properties on 32nd St. Browse the list under "Other properties on 32nd St" to compare beds, baths, and sale history.
What are the property facts for 500 32nd St?
500 32nd St is a 3 bed, 2 bath, 900 sqft condos.
Is 500 32nd St a flip candidate?
No — 500 32nd St does not appear in our flips dataset.
Is 500 32nd St a tax-appeal candidate?
No — 500 32nd 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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