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8602 Coastal Hwy

Ocean City, MD 21842

1 bd 1 ba 528 sqft Built 1992 condos
Most recent sale
$260,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $260,000 MLS #MDWO2007230
Apr 21, 2022 Listed $235,000 MLS #MDWO2007230
May 6, 2005 Sold $184,900 Public Record
Oct 14, 2003 Sold $130,000 Public Record
Oct 9, 1992 Sold $53,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,833 $1,813
2024 $132,833 $1,718
2022 $56,800 $56,700 $113,500 $1,595
2021 $56,800 $56,700 $113,500 $1,603
2020 $56,800 $56,700 $113,500 $1,603
2019 $56,800 $56,700 $113,500 $1,614
2018 $56,800 $56,700 $113,500 $1,603
2017 $56,800 $56,700 $113,500 $1,603
2016 $56,800 $56,700 $113,500 $1,611
2015 $56,800 $56,700 $113,500 $1,617
2014 $56,800 $56,700 $113,500 $1,534
2013 $113,500 $1,536
2012 $113,500 $1,521
2011 $143,610 $1,723
2010 $143,610 $1,723
2009 $143,610 $1,156
2008 $179,520 $2,139

Property facts

Year built
1992
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
528 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Coastal Hwy
Coordinates
38.40413, -75.05979

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$792
Gross rental yield
3.66%
Implied cap rate
2.38%
Trend-extrapolated value

Frequently asked questions

When did 8602 Coastal Hwy last sell?
8602 Coastal Hwy most recently sold on Jun 3, 2022 for $260,000.
What is the current tax assessment for 8602 Coastal Hwy?
The most recent total assessment for 8602 Coastal Hwy (year 2025) is $132,833 with $1,813 in property tax.
How does 8602 Coastal Hwy's assessment compare to its last sale price?
The current assessment is 48.9% below the last sale price of $260,000.
When was 8602 Coastal Hwy built?
8602 Coastal Hwy was built in 1992.
How does 8602 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 8602 Coastal Hwy?
8602 Coastal Hwy is a 1 bed, 1 bath, 528 sqft condos.
Is 8602 Coastal Hwy a flip candidate?
No — 8602 Coastal Hwy does not appear in our flips dataset.
Is 8602 Coastal Hwy a tax-appeal candidate?
No — 8602 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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