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107 1st St; Ocean City, MD Property Details

107 1st St, Ocean City, MD is a Commercial Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 107 1st St is 4,500 square feet.

Off market
107 1st St Ocean City, MD 21842
$256,500 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $1,125,000
  • Open Loans / Balance: 1 / $196,170
  • APN: 10-028949
  • Situs County: Worcester
  • Length Of Ownership: 21 years, 3 months

Structure

  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Lot: 4,500/SqFt

Legal Description

  • Description: LOT 3 & HALF LOT 2 S SIDE 107 1ST ST PL H & P SUBDIV
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Worcester County Public Schools
  • Lat / Lon: 38.33274 / -75.08651
  • Subdivision: Powell Subdivision In Ocean City
  • Property Class: Vacant
  • Zoning: DMX
  • County Use Code: C

Amenities

  • Plus Four: 4003

Ownership Info

107 1st St has no associated ownership info
107 1st St has no associated ownership info.

Taxes

107 1st St has 9 associated Taxes items

107 1st St, Ocean City, 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 $256,500. The APN we've located for 107 1st St is 10-028949.

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Taxes
  • Assessed Value:  $256,500
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-028949
  • Market Land Value:  283500
  • Tax Amount:  3477
  • Tax Year:  2026
  • Market Value:  283500
  • Market Year:  2026

Tax History

107 1st St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $256,500 Land Value Improvement Value Tax Amount $3,477 Change Rate +0.109445% Assessed CR Tax Rate +0.013556%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,134 Change Rate +0.109133% Assessed CR Tax Rate
Year 2024 Assessed Value $202,500 Land Value $202,500 Improvement Value Tax Amount $2,825.63 Change Rate +0.0691% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $187,500 Land Value Improvement Value Tax Amount $2,643 Change Rate -0.454894% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $172,500 Land Value Improvement Value Tax Amount $4,848.6 Change Rate +1.178519% Assessed CR Tax Rate +0.028108%
Year 2021 Assessed Value $157,500 Land Value $157,500 Improvement Value Tax Amount $2,225.64 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $150,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $142,500 Land Value Improvement Value Tax Amount $2,021.19 Change Rate Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $135,000 Land Value $135,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $135,000 Land Value Improvement Value Tax Amount $1,906.2 Change Rate Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $135,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $191,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $191,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,700 Change Rate Assessed CR Tax Rate