Large Location Icon

109 131st St; Ocean City, MD Property Details

109 131st St, Ocean City, MD is a Retail Stores that was built in 1992. This property is currently a cash purchase and is not for sale. Our records show that 109 131st St has a total of 1,250 square feet. The lot size of 109 131st St is 17,500 square feet.

Off market
109 131st St Ocean City, MD 21842
$1,101,400 Estimated Value
1,250 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1992
  • Purchase Price: $975,000
  • Open Loans / Balance: 1 / $3,328,892
  • APN: 10-229871
  • Situs County: Worcester
  • Length Of Ownership: 10 years, 5 months

Structure

  • Stories: 1
  • Building Condition: Good
  • Building Quality: C
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,250/SqFt
  • Lot: 17,500/SqFt
  • Gross: 1,250/SqFt
  • Living: 4,006/SqFt
  • Building: 1,250/SqFt
  • Ground: 1,250/SqFt
  • Price Per Square Foot: $780.00

Legal Description

  • Description: LOT 8 PT LOTS 9 10 BLK 89 S SIDE 131ST ST PL FENWICK RESUB BLK 89
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Worcester County Public Schools
  • Lat / Lon: 38.436306 / -75.055214
  • Subdivision: Fenwick
  • Property Class: Commercial
  • Zoning: LC-1
  • County Use Code: C115

Amenities

  • Plus Four: 4603
  • Cooling: Packaged Unit

Ownership Info

109 131st St has no associated ownership info
109 131st St has no associated ownership info.

Taxes

109 131st St has 10 associated Taxes items

109 131st 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 $1,101,400. The APN we've located for 109 131st St is 10-229871.

Unlock the full report
Taxes
  • Assessed Value:  $1,101,400
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-229871
  • Assessed Land Value:  870000
  • Market Land Value:  870000
  • Tax Amount:  14930
  • Tax Year:  2026
  • Market Value:  1101400
  • Market Year:  2026

Tax History

109 131st St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,101,400 Land Value $870,000 Improvement Value $231,400 Tax Amount $14,930 Change Rate +0.037815% Assessed CR Tax Rate +0.013555%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $14,386 Change Rate +0.025167% Assessed CR Tax Rate
Year 2024 Assessed Value $1,005,667 Land Value Improvement Value Tax Amount $14,032.83 Change Rate +0.03938% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $957,800 Land Value $739,500 Improvement Value $218,300 Tax Amount $13,501.15 Change Rate +0.003009% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $957,800 Land Value $739,500 Improvement Value $218,300 Tax Amount $13,460.65 Change Rate -0.00547% Assessed CR Tax Rate +0.014054%
Year 2021 Assessed Value $957,800 Land Value $739,500 Improvement Value $218,300 Tax Amount $13,534.68 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $961,000 Land Value $739,500 Improvement Value $221,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $918,267 Land Value Improvement Value Tax Amount $13,024.47 Change Rate +0.081077% Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $875,533 Land Value Improvement Value Tax Amount $12,047.68 Change Rate +0.024538% Assessed CR Tax Rate +0.01376%
Year 2017 Assessed Value $832,800 Land Value Improvement Value Tax Amount $11,759.14 Change Rate -0.343514% Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $832,800 Land Value Improvement Value Tax Amount $17,912.25 Change Rate Assessed CR Tax Rate +0.021508%
Year 2015 Assessed Value $832,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,485,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $19,524 Change Rate Assessed CR Tax Rate