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6 87th St

Ocean City, MD 21842

1 bd 1 ba 610 sqft Built 1981 condos
Most recent sale
$280,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $280,000 MLS #MDWO2007916
May 24, 2022 Price changed $280,000 MLS #MDWO2007916
May 18, 2022 Listed $250,000 MLS #MDWO2007916
May 21, 2003 Sold $162,500 Public Record
Feb 6, 2002 Sold $104,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $66,200 $66,100 $132,300 $1,859
2021 $66,200 $66,100 $132,300 $1,870
2020 $66,200 $66,100 $132,300 $1,869
2019 $66,200 $66,100 $132,300 $1,882
2018 $66,200 $66,100 $132,300 $1,868
2017 $66,200 $66,100 $132,300 $1,868
2016 $66,200 $66,100 $132,300 $1,878
2015 $66,200 $66,100 $132,300 $1,885
2014 $83,900 $83,800 $167,700 $2,267
2013 $167,700 $2,270
2012 $167,700 $2,248
2011 $203,740 $2,444
2010 $203,740 $2,444
2009 $203,740 $1,640
2008 $251,930 $3,003

Property facts

Year built
1981
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
610 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
87th St
Coordinates
38.40471, -75.05895

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
$915
Gross rental yield
3.92%
Implied cap rate
2.55%
Trend-extrapolated value

Frequently asked questions

When did 6 87th St last sell?
6 87th St most recently sold on Jun 30, 2022 for $280,000.
What is the current tax assessment for 6 87th St?
The most recent total assessment for 6 87th St (year 2022) is $132,300 with $1,859 in property tax.
How does 6 87th St's assessment compare to its last sale price?
The current assessment is 52.8% below the last sale price of $280,000.
When was 6 87th St built?
6 87th St was built in 1981.
How does 6 87th St compare to others on 87th St?
We track 4 other properties on 87th St. Browse the list under "Other properties on 87th St" to compare beds, baths, and sale history.
What are the property facts for 6 87th St?
6 87th St is a 1 bed, 1 bath, 610 sqft condos.
Is 6 87th St a flip candidate?
No — 6 87th St does not appear in our flips dataset.
Is 6 87th St a tax-appeal candidate?
No — 6 87th 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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