Large Location Icon

1502 Teal Dr; Ocean City, MD Property Details

1502 Teal Dr, Ocean City, MD is a Single Family that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 1502 Teal Dr has 3.5 bathrooms, and a total of 3,384 square feet. The lot size of 1502 Teal Dr is 9,700 square feet.

Off market
1502 Teal Dr Ocean City, MD 21842
$934,900 Estimated Value
3.5 Baths
3,384 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1985
  • Purchase Price: $740,000
  • Est. Equity / %: $1,317,000 / 100%
  • APN: 10-039924
  • Situs County: Worcester
  • Length Of Ownership: 16 years, 6 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Good
  • Building Quality: C
  • Pool Type: Spa or Hot Tub
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,384/SqFt
  • Lot: 9,700/SqFt
  • Gross: 3,384/SqFt
  • Garage: 720/SqFt
  • Living: 3,384/SqFt
  • Building: 3,384/SqFt
  • Price Per Square Foot: $218.68

Legal Description

  • Description: LOT 42 TEAL DRIVE PL MALLARD ISLAND
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Worcester County Public Schools
  • Lat / Lon: 38.34725 / -75.08359
  • Subdivision: Mallard Island
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: R-C001

Amenities

  • Pool: true
  • Plus Four: 5555
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1502 Teal Dr has no associated ownership info
1502 Teal Dr has no associated ownership info.

Taxes

1502 Teal Dr has 10 associated Taxes items

1502 Teal Dr, 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 $934,900. The APN we've located for 1502 Teal Dr is 10-039924.

Unlock the full report
Taxes
  • Assessed Value:  $934,900
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-039924
  • Assessed Land Value:  504800
  • Market Land Value:  504800
  • Tax Amount:  12673
  • Tax Year:  2026
  • Market Value:  934900
  • Market Year:  2026

Tax History

1502 Teal Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $934,900 Land Value $504,800 Improvement Value $430,100 Tax Amount $12,673 Change Rate +0.055995% Assessed CR Tax Rate +0.013555%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $12,001 Change Rate +0.04532% Assessed CR Tax Rate
Year 2024 Assessed Value $822,767 Land Value Improvement Value Tax Amount $11,480.69 Change Rate +0.062299% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $766,700 Land Value $504,800 Improvement Value $261,900 Tax Amount $10,807.4 Change Rate +0.008971% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $762,167 Land Value Improvement Value Tax Amount $10,711.31 Change Rate +0.000486% Assessed CR Tax Rate +0.014054%
Year 2021 Assessed Value $757,633 Land Value Improvement Value Tax Amount $10,706.11 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $753,100 Land Value $504,800 Improvement Value $248,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $713,667 Land Value Improvement Value Tax Amount $10,122.48 Change Rate +0.065965% Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $674,233 Land Value Improvement Value Tax Amount $9,496.07 Change Rate +0.05943% Assessed CR Tax Rate +0.014084%
Year 2017 Assessed Value $634,800 Land Value Improvement Value Tax Amount $8,963.38 Change Rate Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $634,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $634,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $638,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $9,400.92 Change Rate Assessed CR Tax Rate