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12401 Jamaica Ave

Ocean City, MD 21842

1 bd 1 ba 592 sqft Built 1989 condos
Most recent sale
$325,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $325,000 MLS #MDWO2006626
Mar 23, 2022 Listed $299,999 MLS #MDWO2006626
Oct 6, 2005 Sold $257,500 Public Record
Jul 9, 1997 Sold $69,000 Public Record
Aug 28, 1990 Sold $79,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $264,367 $3,610
2024 $264,367 $2,918
2022 $77,000 $76,900 $153,900 $2,162
2021 $77,000 $76,900 $153,900 $2,175
2020 $77,000 $76,900 $153,900 $2,174
2019 $151,933 $2,161
2018 $149,967 $2,118
2017 $74,000 $74,000 $148,000 $2,090
2016 $74,000 $74,000 $148,000 $2,101
2015 $74,000 $74,000 $148,000 $2,109
2014 $76,400 $76,300 $152,700 $2,065
2013 $152,700 $2,067
2012 $152,700 $2,046
2011 $187,070 $2,244
2010 $187,070 $2,244
2009 $187,070 $1,505
2008 $233,840 $2,787

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
592 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Jamaica Ave
Coordinates
38.42904, -75.05798

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
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12401 Jamaica Ave last sell?
12401 Jamaica Ave most recently sold on Apr 28, 2022 for $325,000.
What is the current tax assessment for 12401 Jamaica Ave?
The most recent total assessment for 12401 Jamaica Ave (year 2025) is $264,367 with $3,610 in property tax.
How does 12401 Jamaica Ave's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $325,000.
When was 12401 Jamaica Ave built?
12401 Jamaica Ave was built in 1989.
How does 12401 Jamaica Ave compare to others on Jamaica Ave?
We track 8 other properties on Jamaica Ave. Browse the list under "Other properties on Jamaica Ave" to compare beds, baths, and sale history.
What are the property facts for 12401 Jamaica Ave?
12401 Jamaica Ave is a 1 bed, 1 bath, 592 sqft condos.
Is 12401 Jamaica Ave a flip candidate?
No — 12401 Jamaica Ave does not appear in our flips dataset.
Is 12401 Jamaica Ave a tax-appeal candidate?
No — 12401 Jamaica Ave 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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