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5 8th St; Ocean City, MD Property Details

5 8th St, Ocean City, MD is a Apt House 5+ Units that was built in 1950. This property is currently Financed and is not for sale. Our records show that 5 8th St has a total of 4,500 square feet. The lot size of 5 8th St is 2,600 square feet.

Off market
5 8th St Ocean City, MD 21842
$498,400 Estimated Value
4,500 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $1,500,000
  • Open Loans / Balance: 1 / $1,380,031
  • APN: 10-033683
  • Situs County: Worcester
  • Length Of Ownership: 1 year, 8 months

Structure

  • Building Style: Brick
  • Stories: 3
  • Building Condition: Good
  • Building Quality: C
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 4,500/SqFt
  • Lot: 2,600/SqFt
  • Gross: 4,500/SqFt
  • Living: 4,500/SqFt
  • Building: 4,500/SqFt
  • Ground: 4,500/SqFt
  • Price Per Square Foot: $333.33

Legal Description

  • Description: LOT 12A BLK 8 5 S SIDE 8TH ST HOLIDAY HOUSE
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: 38.338657 / -75.08167
  • Subdivision: Maryland
  • Property Class: Residential
  • Zoning: R-3
  • County Use Code: A113

Amenities

  • Cooling: Yes
  • Heating: Heat Pump

Ownership Info

5 8th St has no associated ownership info
5 8th St has no associated ownership info.

Taxes

5 8th St has 9 associated Taxes items

5 8th 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 $498,400. The APN we've located for 5 8th St is 10-033683.

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Taxes
  • Assessed Value:  $498,400
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-033683
  • Market Land Value:  446100
  • Tax Amount:  6756
  • Tax Year:  2026
  • Market Value:  530000
  • Market Year:  2026

Tax History

5 8th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $498,400 Land Value Improvement Value Tax Amount $6,756 Change Rate +0.059931% Assessed CR Tax Rate +0.013555%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,374 Change Rate +0.049626% Assessed CR Tax Rate
Year 2024 Assessed Value $435,200 Land Value $390,000 Improvement Value $45,200 Tax Amount $6,072.64 Change Rate -0.010097% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $435,200 Land Value $390,000 Improvement Value $45,200 Tax Amount $6,134.58 Change Rate +0.003005% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $435,200 Land Value $390,000 Improvement Value $45,200 Tax Amount $6,116.2 Change Rate -0.055181% Assessed CR Tax Rate +0.014054%
Year 2021 Assessed Value $458,100 Land Value $280,800 Improvement Value $177,300 Tax Amount $6,473.41 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $458,100 Land Value $280,800 Improvement Value $177,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $458,100 Land Value $280,800 Improvement Value $177,300 Tax Amount $6,497.57 Change Rate -0.076846% Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $499,000 Land Value $312,000 Improvement Value $187,000 Tax Amount $7,038.45 Change Rate -0.001055% Assessed CR Tax Rate +0.014105%
Year 2017 Assessed Value $499,000 Land Value Improvement Value Tax Amount $7,045.88 Change Rate -0.343513% Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $499,000 Land Value Improvement Value Tax Amount $10,732.7 Change Rate Assessed CR Tax Rate +0.021508%
Year 2015 Assessed Value $519,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $519,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,919.2 Change Rate Assessed CR Tax Rate