Taxes
- Assessed Value: $49,068,500
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 03-011887
- Assessed Land Value: 10642800
- Market Land Value: 10642800
- Tax Amount: 453406
- Tax Year: 2025
- Market Value: 49068500
- Market Year: 2026
10218 Racetrack Rd; Berlin, MD Property Details
Off market
10218 Racetrack Rd Berlin, MD 21811
$49,068,500 Estimated Value
6 Baths
20,249 SqFt
Property Type
RestaurantProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1979
- Purchase Price: $936,486
- APN: 03-011887
- Situs County: Worcester
- Length Of Ownership: 31 years, 1 months
Rooms
- Bathrooms: 6
- Full Bathrooms: 6
Structure
- Stories: 2
- Building Condition: Good
- Building Quality: C
- Pool Type: Yes
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 20,249/SqFt
- Lot: 7,254,918/SqFt
- Gross: 20,249/SqFt
- Garage: 1,500/SqFt
- Living: 7,637/SqFt
- Basement: 21,707/SqFt
- Building: 20,249/SqFt
- Ground: 20,249/SqFt
- Garage Unfinished: 1,500/SqFt
- Price Per Square Foot: $46.25
Legal Description
- Description: 166.55 ACS PAR A E SIDE RACETRACK ROAD FOR CONSV ESMNT PL
Building Insights
Land Information
- Property Type: Restaurant
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Worcester County Public Schools
- Lat / Lon: 38.35217 / -75.163734
- Property Class: Commercial
- Zoning: A2
- County Use Code: B166
Amenities
- Pool: true
- Plus Four: 3210
- Cooling: Packaged Unit
- Garage: Detached Garage
- Parking: 5
Ownership Info
10218 Racetrack Rd has no associated ownership info
10218 Racetrack Rd has no associated ownership info.
Taxes
10218 Racetrack Rd has 10 associated Taxes items
10218 Racetrack Rd, Berlin, MD pays taxes in Worcester County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $49,068,500. The APN we've located for 10218 Racetrack Rd is 03-011887.
Unlock the full reportTax History
10218 Racetrack Rd has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $49,068,500 | Land Value $10,642,800 | Improvement Value $38,425,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $453,406 | Change Rate +0.0374% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $45,872,300 | Land Value | Improvement Value | Tax Amount $437,059.81 | Change Rate +0.07162% | Assessed CR | Tax Rate +0.009528% |
| Year 2023 | Assessed Value $42,617,500 | Land Value | Improvement Value | Tax Amount $407,849.5 | Change Rate +0.087489% | Assessed CR | Tax Rate +0.00957% |
| Year 2022 | Assessed Value $39,362,700 | Land Value $5,814,600 | Improvement Value $33,548,100 | Tax Amount $375,037.97 | Change Rate +0.043094% | Assessed CR | Tax Rate +0.009528% |
| Year 2021 | Assessed Value $37,569,900 | Land Value | Improvement Value | Tax Amount $359,543.94 | Change Rate | Assessed CR | Tax Rate +0.00957% |
| Year 2020 | Assessed Value $35,963,300 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $34,356,700 | Land Value $5,814,600 | Improvement Value $28,542,100 | Tax Amount $327,402.06 | Change Rate +0.039378% | Assessed CR | Tax Rate +0.009529% |
| Year 2018 | Assessed Value $33,403,667 | Land Value | Improvement Value | Tax Amount $314,998.12 | Change Rate +0.723827% | Assessed CR | Tax Rate +0.00943% |
| Year 2017 | Assessed Value $19,295,867 | Land Value | Improvement Value | Tax Amount $182,731.86 | Change Rate | Assessed CR | Tax Rate +0.00947% |
| Year 2016 | Assessed Value $18,757,900 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $18,014,733 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $17,271,567 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $133,083.62 | Change Rate | Assessed CR | Tax Rate |