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7601 Coastal Hwy

Ocean City, MD 21842

3 bd 3 ba 1,512 sqft Built 2005 condos
Most recent sale
$530,000
Nov 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 17, 2025 Price changed $610,000 BrightMLS
Oct 17, 2024 Listed $615,000 BrightMLS
Nov 14, 2022 Sold $530,000 BrightMLS
Oct 8, 2022 Listed $550,000 BrightMLS
Jan 17, 2019 Sold $325,000 Public Record
Dec 6, 2014 Listing removed $380,000 Coastal
Sep 7, 2014 Price changed $380,000 Coastal
Apr 23, 2014 Price changed $390,000 Coastal
Mar 9, 2014 Listed $400,000 Coastal
Apr 17, 2006 Sold $495,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $325,067 $4,568
2021 $320,533 $4,529
2020 $158,000 $158,000 $316,000 $4,464
2019 $158,000 $158,000 $316,000 $4,495
2018 $158,000 $158,000 $316,000 $4,463
2017 $178,400 $178,400 $356,800 $5,040
2016 $338,667 $4,808
2015 $320,533 $4,567
2014 $151,200 $151,200 $302,400 $4,089
2013 $302,400 $4,094
2012 $302,400 $4,053
2011 $402,190 $4,826
2010 $402,190 $4,826
2009 $402,190 $3,237
2008 $468,720 $5,587

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
1,512 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
$2,268
Gross rental yield
5.14%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 7601 Coastal Hwy last sell?
7601 Coastal Hwy most recently sold on Nov 14, 2022 for $530,000.
What is the current tax assessment for 7601 Coastal Hwy?
The most recent total assessment for 7601 Coastal Hwy (year 2022) is $325,067 with $4,568 in property tax.
How does 7601 Coastal Hwy's assessment compare to its last sale price?
The current assessment is 38.7% below the last sale price of $530,000.
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, 3 bath, 1,512 sqft condos.
Is 7601 Coastal Hwy a flip candidate?
No — 7601 Coastal Hwy does not appear in our flips dataset.
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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