Taxes
- Assessed Value: $3,824,433
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 10-030293
- Market Land Value: 3181800
- Tax Amount: 52224
- Tax Year: 2025
- Market Value: 4504500
- Market Year: 2026
302 1st St; Ocean City, MD Property Details
Off market
302 1st St Ocean City, MD 21842
$3,824,433 Estimated Value
4,696 SqFt
Property Type
RestaurantProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2010
- Open Loans / Balance: 2 / $5,200,539
- APN: 10-030293
- Situs County: Worcester
- Length Of Ownership: 28 years, 3 months
Structure
- Stories: 1
- Building Condition: Average
- Building Quality: B
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 4,696/SqFt
- Lot: 34,920/SqFt
- Gross: 4,696/SqFt
- Living: 6,236/SqFt
- Building: 4,696/SqFt
- Ground: 4,696/SqFt
Legal Description
- Description: LOTS 4 5 6 & PT 7 8 9 BLK 40 CHICAGO AVE PL SINEPUXENT BH
Building Insights
Land Information
- Property Type: Restaurant
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Worcester County Public Schools
- Lat / Lon: 38.333992 / -75.088715
- Subdivision: Sinepuxent Beach Co Baltimore
- Property Class: Commercial
- Zoning: DM
- County Use Code: A166
Amenities
- Plus Four: 4008
- Cooling: Yes
- Heating: Yes
Ownership Info
302 1st St has no associated ownership info
302 1st St has no associated ownership info.
Taxes
302 1st St has 9 associated Taxes items
302 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 $3,824,433. The APN we've located for 302 1st St is 10-030293.
Unlock the full reportTax History
302 1st St 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 $4,164,467 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $52,224 | Change Rate +0.074116% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $3,484,400 | Land Value $2,447,600 | Improvement Value $1,036,800 | Tax Amount $48,620.43 | Change Rate -0.010092% | Assessed CR | Tax Rate +0.013954% |
| Year 2023 | Assessed Value $3,484,400 | Land Value $2,447,600 | Improvement Value $1,036,800 | Tax Amount $49,116.11 | Change Rate +0.003007% | Assessed CR | Tax Rate +0.014096% |
| Year 2022 | Assessed Value $3,484,400 | Land Value $2,447,600 | Improvement Value $1,036,800 | Tax Amount $48,968.85 | Change Rate -0.019121% | Assessed CR | Tax Rate +0.014054% |
| Year 2021 | Assessed Value $3,532,900 | Land Value $2,447,600 | Improvement Value $1,085,300 | Tax Amount $49,923.42 | Change Rate | Assessed CR | Tax Rate +0.014131% |
| Year 2020 | Assessed Value $3,393,167 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $3,253,433 | Land Value | Improvement Value | Tax Amount $46,145.87 | Change Rate +0.059184% | Assessed CR | Tax Rate +0.014184% |
| Year 2018 | Assessed Value $3,113,700 | Land Value $2,023,800 | Improvement Value $1,089,900 | Tax Amount $43,567.39 | Change Rate +0.007053% | Assessed CR | Tax Rate +0.013992% |
| Year 2017 | Assessed Value $3,063,900 | Land Value | Improvement Value | Tax Amount $43,262.27 | Change Rate -0.332667% | Assessed CR | Tax Rate +0.01412% |
| Year 2016 | Assessed Value $3,014,100 | Land Value | Improvement Value | Tax Amount $64,828.63 | Change Rate | Assessed CR | Tax Rate +0.021508% |
| Year 2015 | Assessed Value $2,964,300 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $2,964,300 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $36,754.81 | Change Rate | Assessed CR | Tax Rate |