Taxes
- Assessed Value: $375,200
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 10-054362
- Assessed Land Value: 300000
- Market Land Value: 300000
- Tax Amount: 5086
- Tax Year: 2026
- Market Value: 375200
- Market Year: 2026
5 38th St; Ocean City, MD Property Details
Off market
5 38th St Ocean City, MD 21842
$375,200 Estimated Value
2,720 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1967
- Purchase Price: $160,000
- Open Loans / Balance: 1 / $872,427
- Est. Equity / %: $-225,427 / -34.84%
- APN: 10-054362
- Situs County: Worcester
- Length Of Ownership: 40 years, 6 months
Structure
- Stories: 2
- Building Condition: Good
- Building Quality: C
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 2,720/SqFt
- Lot: 3,000/SqFt
- Gross: 2,720/SqFt
- Living: 2,720/SqFt
- Building: 2,720/SqFt
- Ground: 2,720/SqFt
- Price Per Square Foot: $58.82
Legal Description
- Description: N HALF LOT 18 BLK 5 S SIDE 38TH PL ISLE OF WIGHT
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Worcester County Public Schools
- Lat / Lon: 38.365223 / -75.07054
- Subdivision: Isle Wight Co
- Property Class: Residential
- Zoning: R-2
- County Use Code: C113
Amenities
- Heating: Heat Pump
HOA
- H O A One Type: Condo Owner Association
Ownership Info
5 38th St has no associated ownership info
5 38th St has no associated ownership info.
Taxes
5 38th St has 10 associated Taxes items
5 38th 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 $375,200. The APN we've located for 5 38th St is 10-054362.
Unlock the full reportTax History
5 38th 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 $375,200 | Land Value $300,000 | Improvement Value $75,200 | Tax Amount $5,086 | Change Rate +0.02108% | Assessed CR | Tax Rate +0.013555% |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $4,981 | Change Rate +0.007435% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $354,333 | Land Value | Improvement Value | Tax Amount $4,944.24 | Change Rate +0.019934% | Assessed CR | Tax Rate +0.013954% |
| Year 2023 | Assessed Value $343,900 | Land Value $300,000 | Improvement Value $43,900 | Tax Amount $4,847.61 | Change Rate +0.003011% | Assessed CR | Tax Rate +0.014096% |
| Year 2022 | Assessed Value $343,900 | Land Value $300,000 | Improvement Value $43,900 | Tax Amount $4,833.06 | Change Rate -0.005474% | Assessed CR | Tax Rate +0.014054% |
| Year 2021 | Assessed Value $343,900 | Land Value $300,000 | Improvement Value $43,900 | Tax Amount $4,859.66 | Change Rate | Assessed CR | Tax Rate +0.014131% |
| Year 2020 | Assessed Value $360,100 | Land Value $210,000 | Improvement Value $150,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $340,767 | Land Value | Improvement Value | Tax Amount $4,833.35 | Change Rate | Assessed CR | Tax Rate +0.014184% |
| Year 2018 | Assessed Value $321,433 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $302,100 | Land Value | Improvement Value | Tax Amount $4,265.65 | Change Rate | Assessed CR | Tax Rate +0.01412% |
| Year 2016 | Assessed Value $299,733 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $297,367 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $295,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $4,221.6 | Change Rate | Assessed CR | Tax Rate |