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7601 Coastal Hwy

Ocean City, MD 21842

3 bd 2 ba 1,560 sqft Built 2005 condos
Most recent sale
$550,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $550,000 MLS #MDWO2009574
Aug 8, 2022 Listed $550,000 MLS #MDWO2009574
Mar 2, 2021 Sold $370,000 Public Record
Dec 29, 2006 Sold $409,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $156,800 $156,700 $313,500 $4,405
2021 $156,800 $156,700 $313,500 $4,430
2020 $156,800 $156,700 $313,500 $4,429
2019 $156,800 $156,700 $313,500 $4,460
2018 $156,800 $156,700 $313,500 $4,429
2017 $179,400 $179,400 $358,800 $5,068
2016 $340,600 $4,836
2015 $322,400 $4,594
2014 $152,100 $152,100 $304,200 $4,119
2013 $304,200 $4,078
2012 $304,200 $4,905
2011 $408,720 $4,905
2010 $408,720 $3,290

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Coastal Hwy
Coordinates
38.39665, -75.06365

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
$2,340
Gross rental yield
5.11%
Implied cap rate
3.32%
Trend-extrapolated value

Frequently asked questions

When did 7601 Coastal Hwy last sell?
7601 Coastal Hwy most recently sold on Oct 3, 2022 for $550,000.
What is the current tax assessment for 7601 Coastal Hwy?
The most recent total assessment for 7601 Coastal Hwy (year 2022) is $313,500 with $4,405 in property tax.
How does 7601 Coastal Hwy's assessment compare to its last sale price?
The current assessment is 43.0% below the last sale price of $550,000.
When was 7601 Coastal Hwy built?
7601 Coastal Hwy was built in 2005.
How does 7601 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 7601 Coastal Hwy?
7601 Coastal Hwy is a 3 bed, 2 bath, 1,560 sqft condos.
Is 7601 Coastal Hwy a flip candidate?
Yes — 7601 Coastal Hwy appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7601 Coastal Hwy a tax-appeal candidate?
No — 7601 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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