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
| Date | Event | Price | Source |
|---|---|---|---|
| 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
| Year | Building | Land | Total assessed | Tax 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated 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 valuationQuarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast
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Geography
Other properties on Salisbury Rd