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11 51st St

Ocean City, MD 21842

3 bd 2 ba 908 sqft Built 1974 condos
Most recent sale
$394,999
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $394,999 MLS #MDWO2008376
Aug 28, 2022 Price changed $399,999 MLS #MDWO2008376
Jun 9, 2022 Listed $409,900 MLS #MDWO2008376
Oct 21, 2020 Sold $301,020 Public Record
Jul 2, 2020 Sold $301,020 MLS #MDWO111248
Apr 10, 2020 Relisted $300,000 MLS #MDWO111248
Jan 10, 2020 Listed $300,000 MLS #MDWO111248
May 24, 2017 Sold $230,900 MLS #488408
Sep 9, 2014 Sold $230,900 Public Record
Jul 11, 2014 Price changed $229,900 MLS #488408
Feb 4, 2014 Listed $239,900 MLS #488408
Mar 22, 1996 Sold $85,000 Public Record
Jul 17, 1981 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $107,100 $107,100 $214,200 $3,010
2021 $107,100 $107,100 $214,200 $3,027
2020 $107,100 $107,100 $214,200 $3,026
2019 $107,100 $107,100 $214,200 $3,047
2018 $107,100 $107,100 $214,200 $3,026
2017 $111,200 $111,200 $222,400 $3,142
2016 $214,233 $3,041
2015 $206,067 $2,936
2014 $99,000 $98,900 $197,900 $2,680
2013 $197,900 $2,653
2012 $197,900 $3,236
2011 $269,670 $3,236
2010 $269,670 $2,171

Property facts

Year built
1974
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
908 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
51st St
Coordinates
38.37575, -75.06839

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
$1,362
Gross rental yield
4.14%
Implied cap rate
2.69%
Trend-extrapolated value

Frequently asked questions

When did 11 51st St last sell?
11 51st St most recently sold on Sep 28, 2022 for $394,999.
What is the current tax assessment for 11 51st St?
The most recent total assessment for 11 51st St (year 2022) is $214,200 with $3,010 in property tax.
How does 11 51st St's assessment compare to its last sale price?
The current assessment is 45.8% below the last sale price of $394,999.
When was 11 51st St built?
11 51st St was built in 1974.
How does 11 51st St compare to others on 51st St?
We track 8 other properties on 51st St. Browse the list under "Other properties on 51st St" to compare beds, baths, and sale history.
What are the property facts for 11 51st St?
11 51st St is a 3 bed, 2 bath, 908 sqft condos.
Is 11 51st St a flip candidate?
Yes — 11 51st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 11 51st St a tax-appeal candidate?
No — 11 51st 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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