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403 Arctic Ave; Ocean City, MD Property Details

403 Arctic Ave, Ocean City, MD is a Single Family that was built in 1984. This property is currently a cash purchase and is not for sale. Our records show that 403 Arctic Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,512 square feet. The lot size of 403 Arctic Ave is 4,356 square feet.

Off market
403 Arctic Ave Ocean City, MD 21842
$510,000 Listing Price
3 Beds
2 Baths
1,512 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Purchase Price: $273,000
  • Open Loans / Balance: 1 / $380,207
  • Est. Equity / %: $238,793 / 38.58%
  • APN: 10-105285
  • Situs County: Worcester
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,512/SqFt
  • Lot: 4,356/SqFt
  • Gross: 1,512/SqFt
  • Living: 1,512/SqFt
  • Building: 1,512/SqFt
  • Price Per Square Foot: $180.56

Legal Description

  • Description: LOT 28 BLK 1 S/S ARCTIC AVE PL OCEANBAY CITY
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: 38.408253 / -75.061745
  • Subdivision: Oceanbay City
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: R-C001

Amenities

  • Plus Four: 5067
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One: $320
  • H O A Amount: $320
  • H O A One Frequency: Quarterly
  • H O A One Name: Terrapin Bay Condominium Council O
  • H O A One Type: Home Owner Association

Ownership Info

403 Arctic Ave has no associated ownership info
403 Arctic Ave has no associated ownership info.

Taxes

403 Arctic Ave has 10 associated Taxes items

403 Arctic Ave, 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 $405,000. The APN we've located for 403 Arctic Ave is 10-105285.

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Taxes
  • Assessed Value:  $405,000
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-105285
  • Assessed Land Value:  222200
  • Market Land Value:  222200
  • Tax Amount:  5490
  • Tax Year:  2026
  • Market Value:  405000
  • Market Year:  2026

Tax History

403 Arctic Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $405,000 Land Value $222,200 Improvement Value $182,800 Tax Amount $5,490 Change Rate +0.092972% Assessed CR Tax Rate +0.013556%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,023 Change Rate +0.088417% Assessed CR Tax Rate
Year 2024 Assessed Value $330,733 Land Value Improvement Value Tax Amount $4,614.96 Change Rate +0.115104% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $293,600 Land Value $170,200 Improvement Value $123,400 Tax Amount $4,138.59 Change Rate +0.042049% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $282,600 Land Value Improvement Value Tax Amount $3,971.59 Change Rate +0.034813% Assessed CR Tax Rate +0.014054%
Year 2021 Assessed Value $271,600 Land Value Improvement Value Tax Amount $3,837.98 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $260,600 Land Value $170,200 Improvement Value $90,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $258,933 Land Value Improvement Value Tax Amount $3,672.63 Change Rate +0.013581% Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $257,267 Land Value Improvement Value Tax Amount $3,623.42 Change Rate +0.003976% Assessed CR Tax Rate +0.014084%
Year 2017 Assessed Value $255,600 Land Value Improvement Value Tax Amount $3,609.07 Change Rate Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $248,567 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $241,533 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $234,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,296.1 Change Rate Assessed CR Tax Rate