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12423 Salisbury Rd

Ocean City, MD 21842

5 bd 5 ba 3,014 sqft Built 1972 Lot 18,000 sqft single_family
Most recent sale
$595,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $595,000 MLS #MDWO2008088
Jun 16, 2022 Listed $599,900 MLS #MDWO2008088
Aug 10, 2021 Sold $300,000 Public Record
May 5, 2020 Sold $185,000 MLS #MDWO112812
Mar 11, 2020 Listed $145,000 MLS #MDWO112812

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $479,600 $115,300 $594,900 $5,490
2024 $479,600 $115,300 $594,900 $4,695
2022 $200,500 $88,300 $288,800 $2,751
2021 $256,267 $2,452
2020 $223,733 $2,141
2019 $102,900 $88,300 $191,200 $1,830
2018 $102,900 $88,300 $191,200 $1,811
2017 $102,900 $88,300 $191,200 $1,811
2016 $122,700 $88,300 $211,000 $1,998
2015 $122,700 $88,300 $211,000 $154
2014 $122,700 $88,300 $211,000 $2,297
2013 $146,600 $123,300 $269,900 $2,239
2012 $269,900 $1,995
2011 $269,900 $1,967
2010 $339,130 $1,157

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,014 sqft
Lot size
18,000 sqft
ZIP code
21842
City
Ocean City
Street
Salisbury Rd
Coordinates
38.35224, -75.12291

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
$4,521
Gross rental yield
9.12%
Implied cap rate
5.93%
Trend-extrapolated value

Frequently asked questions

When did 12423 Salisbury Rd last sell?
12423 Salisbury Rd most recently sold on Sep 7, 2022 for $595,000.
What is the current tax assessment for 12423 Salisbury Rd?
The most recent total assessment for 12423 Salisbury Rd (year 2025) is $594,900 with $5,490 in property tax.
How does 12423 Salisbury Rd's assessment compare to its last sale price?
The current assessment is 0.0% below the last sale price of $595,000.
When was 12423 Salisbury Rd built?
12423 Salisbury Rd was built in 1972.
How does 12423 Salisbury Rd compare to others on Salisbury Rd?
We track 8 other properties on Salisbury Rd. Browse the list under "Other properties on Salisbury Rd" to compare beds, baths, and sale history.
What are the property facts for 12423 Salisbury Rd?
12423 Salisbury Rd is a 5 bed, 5 bath, 3,014 sqft, 18,000 sqft lot single_family.
Is 12423 Salisbury Rd a flip candidate?
Yes — 12423 Salisbury Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12423 Salisbury Rd a tax-appeal candidate?
No — 12423 Salisbury Rd 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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