Taxes
- Assessed Value: $2,443,900
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 10-040582
- Market Land Value: 2197800
- Tax Amount: 33372
- Tax Year: 2025
- Market Value: 2813900
- Market Year: 2026
204 15th St; Ocean City, MD Property Details
For Rent
1501 Philadelphia Ave Ocean City, MD 21842
$4,583 Listing Price
1,972 SqFt
Property Type
Duplex 2 UnitsProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1959
- Purchase Price: $2,300,000
- Open Loans / Balance: 1 / $1,712,812
- Est. Equity / %: $442,188 / 20.52%
- APN: 10-040582
- Situs County: Worcester
- Length Of Ownership: 1 year, 1 months
Structure
- Stories: 1
- Building Condition: Good
- Building Quality: C
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,972/SqFt
- Lot: 27,366/SqFt
- Gross: 1,972/SqFt
- Living: 12,532/SqFt
- Building: 1,972/SqFt
- Ground: 10,560/SqFt
- Price Per Square Foot: $1166.33
Legal Description
- Description: LOTS 6 7 8 9 10 43 BLK 18 W SIDE PHILA AVE PL SHUTE PROP
Building Insights
Land Information
- Property Type: Duplex 2 Units
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Worcester County Public Schools
- Lat / Lon: 38.34591 / -75.08031
- Subdivision: Shute C E Prop
- Property Class: Residential
- Zoning: LC-1
- County Use Code: A113
Amenities
- Heating Fuel Type: Electric
- Plus Four: 3648
- Heating: Baseboard
Ownership Info
1501 Philadelphia Ave has no associated ownership info
1501 Philadelphia Ave has no associated ownership info.
Taxes
1501 Philadelphia Ave has 9 associated Taxes items
204 15th 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 $2,443,900. The APN we've located for 204 15th St is 10-040582.
Unlock the full reportTax History
1501 Philadelphia Ave 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 $2,628,900 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $33,372 | Change Rate +0.058754% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $2,258,900 | Land Value $1,690,600 | Improvement Value $568,300 | Tax Amount $31,520.08 | Change Rate +0.031999% | Assessed CR | Tax Rate +0.013954% |
| Year 2023 | Assessed Value $2,166,767 | Land Value | Improvement Value | Tax Amount $30,542.75 | Change Rate +0.047552% | Assessed CR | Tax Rate +0.014096% |
| Year 2022 | Assessed Value $2,074,633 | Land Value | Improvement Value | Tax Amount $29,156.3 | Change Rate +0.04075% | Assessed CR | Tax Rate +0.014054% |
| Year 2021 | Assessed Value $1,982,500 | Land Value $1,444,800 | Improvement Value $537,700 | Tax Amount $28,014.71 | Change Rate | Assessed CR | Tax Rate +0.014131% |
| Year 2020 | Assessed Value $1,958,200 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $1,933,900 | Land Value | Improvement Value | Tax Amount $27,429.97 | Change Rate | Assessed CR | Tax Rate +0.014184% |
| Year 2018 | Assessed Value $1,909,600 | Land Value $1,363,600 | Improvement Value $546,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $1,909,600 | Land Value | Improvement Value | Tax Amount $26,963.55 | Change Rate | Assessed CR | Tax Rate +0.01412% |
| Year 2016 | Assessed Value $1,909,600 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $2,156,800 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $2,156,800 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $28,869.6 | Change Rate | Assessed CR | Tax Rate |