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10002 Coastal Hwy

Ocean City, MD 21842

3 bd 2 ba 1,241 sqft Built 1984 condos
Most recent sale
$2,802,500
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2023 Sold $720,000 BrightMLS
Sep 23, 2022 Listed $745,000 MLS #MDWO2010352
Feb 24, 2022 Sold $2,802,500 Public Record
Jun 19, 1997 Sold $172,000 Public Record
Apr 15, 1993 Sold $22,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $368,533 $5,208
2020 $109,500 $255,300 $364,800 $5,154
2019 $109,500 $255,300 $364,800 $5,190
2018 $109,500 $255,300 $364,800 $5,153
2017 $110,200 $257,100 $367,300 $5,188
2016 $110,200 $257,100 $367,300 $5,215
2015 $110,200 $257,100 $367,300 $5,234
2014 $119,500 $278,800 $398,300 $5,220
2013 $385,533 $4,997
2012 $372,767 $4,320
2011 $360,000 $5,274
2010 $439,500 $3,538

Property facts

Year built
1984
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,241 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Coastal Hwy
Coordinates
38.41362, -75.05693

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
$16,815
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 10002 Coastal Hwy last sell?
10002 Coastal Hwy most recently sold on Feb 24, 2022 for $2,802,500.
What is the current tax assessment for 10002 Coastal Hwy?
The most recent total assessment for 10002 Coastal Hwy (year 2021) is $368,533 with $5,208 in property tax.
How does 10002 Coastal Hwy's assessment compare to its last sale price?
The current assessment is 86.8% below the last sale price of $2,802,500.
When was 10002 Coastal Hwy built?
10002 Coastal Hwy was built in 1984.
How does 10002 Coastal Hwy compare to others on Coastal Hwy?
We track 8 other properties on Coastal Hwy. Browse the list under "Other properties on Coastal Hwy" to compare beds, baths, and sale history.
What are the property facts for 10002 Coastal Hwy?
10002 Coastal Hwy is a 3 bed, 2 bath, 1,241 sqft condos.
Is 10002 Coastal Hwy a flip candidate?
No — 10002 Coastal Hwy does not appear in our flips dataset.
Is 10002 Coastal Hwy a tax-appeal candidate?
No — 10002 Coastal Hwy 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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