5001 Atlantic Ave
Ocean City, MD 21842
2 bd 2 ba 1,136 sqft Built 1974 condos
Most recent sale
$615,000
Nov 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2026 | Sold | $665,999 | BrightMLS |
| Jan 9, 2026 | Relisted | $699,900 | BrightMLS |
| Nov 14, 2025 | Price changed | $699,900 | BrightMLS |
| Oct 20, 2025 | Price changed | $719,900 | BrightMLS |
| Sep 23, 2025 | Listed | $749,900 | BrightMLS |
| Nov 11, 2022 | Sold | $615,000 | BrightMLS |
| Oct 20, 2022 | Listed | $595,000 | BrightMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $91,400 | $213,000 | $304,400 | $4,277 |
| 2021 | $91,400 | $213,000 | $304,400 | $4,301 |
| 2020 | $91,400 | $213,000 | $304,400 | $4,300 |
| 2019 | $91,400 | $213,000 | $304,400 | $4,330 |
| 2018 | $91,400 | $213,000 | $304,400 | $4,299 |
| 2017 | $97,200 | $226,500 | $323,700 | $4,572 |
| 2016 | $97,200 | $226,500 | $323,700 | $4,595 |
| 2015 | $97,200 | $226,500 | $323,700 | $4,612 |
| 2014 | $97,200 | $226,500 | $323,700 | $4,377 |
| 2013 | — | — | $323,700 | $4,382 |
| 2012 | — | — | $323,700 | $4,339 |
| 2011 | — | — | $404,410 | $4,852 |
| 2010 | — | — | $369,952 | $4,439 |
| 2009 | — | — | $335,496 | $2,700 |
| 2008 | — | — | $301,040 | $3,588 |
Property facts
Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,136 sqft
Lot size
—
ZIP code
21842
City
Ocean City
Street
Atlantic Ave
Coordinates
38.37521, -75.06762
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5001 Atlantic Ave last sell?
5001 Atlantic Ave most recently sold on Nov 11, 2022 for $615,000.
What is the current tax assessment for 5001 Atlantic Ave?
The most recent total assessment for 5001 Atlantic Ave (year 2022) is $304,400 with $4,277 in property tax.
How does 5001 Atlantic Ave's assessment compare to its last sale price?
The current assessment is 50.5% below the last sale price of $615,000.
When was 5001 Atlantic Ave built?
5001 Atlantic Ave was built in 1974.
How does 5001 Atlantic Ave compare to others on Atlantic Ave?
We track 8 other properties on Atlantic Ave. Browse the list under "Other properties on Atlantic Ave" to compare beds, baths, and sale history.
What are the property facts for 5001 Atlantic Ave?
5001 Atlantic Ave is a 2 bed, 2 bath, 1,136 sqft condos.
Is 5001 Atlantic Ave a flip candidate?
No — 5001 Atlantic Ave does not appear in our flips dataset.
Is 5001 Atlantic Ave a tax-appeal candidate?
No — 5001 Atlantic Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Atlantic Ave