Taxes
- Assessed Value: $1,375,700
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 03-113477
- Market Land Value: 531200
- Tax Amount: 12444
- Tax Year: 2025
- Market Value: 1430500
- Market Year: 2026
11041 Racetrack Rd; Berlin, MD Property Details
Off market • Pre Probate ✓
11041 Racetrack Rd Berlin, MD 21811
$1,375,700 Estimated Value
4,411 SqFt
Property Type
Drive-thru RestaurantProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1987
- Purchase Price: $265,000
- APN: 03-113477
- Situs County: Worcester
- Length Of Ownership: 11 years, 6 months
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Good
- Building Quality: C
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 4,411/SqFt
- Lot: 72,310/SqFt
- Gross: 4,411/SqFt
- Living: 4,411/SqFt
- Building: 4,411/SqFt
- Ground: 4,411/SqFt
- Price Per Square Foot: $60.08
Legal Description
- Description: LOT 1 1.669 ACS W/S R-589 OCEAN PINES PROP RESUB
Building Insights
Land Information
- Property Type: Drive-thru Restaurant
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Worcester County Public Schools
- Lat / Lon: 38.377014 / -75.16534
- Subdivision: Ocean Pines Prop Resub
- Property Class: Commercial
- Zoning: C2
- County Use Code: B167
Amenities
- Plus Four: 3000
- Cooling: Yes
- Heating: Yes
Ownership Info
11041 Racetrack Rd has no associated ownership info
11041 Racetrack Rd has no associated ownership info.
Taxes
11041 Racetrack Rd has 9 associated Taxes items
11041 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 $1,375,700. The APN we've located for 11041 Racetrack Rd is 03-113477.
Unlock the full reportTax History
11041 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 $1,375,700 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $12,444 | Change Rate +0.004291% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $1,300,500 | Land Value | Improvement Value | Tax Amount $12,390.83 | Change Rate +0.033573% | Assessed CR | Tax Rate +0.009528% |
| Year 2023 | Assessed Value $1,252,700 | Land Value | Improvement Value | Tax Amount $11,988.34 | Change Rate +0.044289% | Assessed CR | Tax Rate +0.00957% |
| Year 2022 | Assessed Value $1,204,900 | Land Value $349,500 | Improvement Value $855,400 | Tax Amount $11,479.91 | Change Rate -0.004422% | Assessed CR | Tax Rate +0.009528% |
| Year 2021 | Assessed Value $1,204,900 | Land Value $349,500 | Improvement Value $855,400 | Tax Amount $11,530.9 | Change Rate | Assessed CR | Tax Rate +0.00957% |
| Year 2020 | Assessed Value $1,204,900 | Land Value $349,500 | Improvement Value $855,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $1,305,400 | Land Value $498,000 | Improvement Value $807,400 | Tax Amount $12,497.52 | Change Rate | Assessed CR | Tax Rate +0.009574% |
| Year 2018 | Assessed Value $1,305,400 | Land Value $498,000 | Improvement Value $807,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $1,305,400 | Land Value | Improvement Value | Tax Amount $12,362.14 | Change Rate | Assessed CR | Tax Rate +0.00947% |
| Year 2016 | Assessed Value $1,389,100 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $1,298,033 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $1,206,967 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,280.45 | Change Rate | Assessed CR | Tax Rate |