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8602 Caribbean Dr; Ocean City, MD Property Details

8602 Caribbean Dr, Ocean City, MD is a Single Family that was built in 1971. This property is currently a cash purchase and is not for sale. Our records show that 8602 Caribbean Dr has 2 bathrooms, and a total of 1,152 square feet. The lot size of 8602 Caribbean Dr is 9,600 square feet.

Off market
8602 Caribbean Dr Ocean City, MD 21842
$467,400 Estimated Value
2 Baths
1,152 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1971
  • Purchase Price: $675,000
  • Est. Equity / %: $781,000 / 100%
  • APN: 10-100623
  • Situs County: Worcester
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: B
  • Pool Type: Spa or Hot Tub
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,152/SqFt
  • Lot: 9,600/SqFt
  • Gross: 1,152/SqFt
  • Living: 1,152/SqFt
  • Building: 1,152/SqFt
  • Price Per Square Foot: $585.94

Legal Description

  • Description: LOTS 25 & 26 BLK C 9600 SQ FT CARRIBEAN DR 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: 38.40485 / -75.06287
  • Subdivision: Oceanbay City
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: R-C001

Amenities

  • Heating Fuel Type: Electric
  • Pool: true
  • Plus Four: 5120
  • Cooling: Yes
  • Heating: Electric

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

8602 Caribbean Dr has no associated ownership info
8602 Caribbean Dr has no associated ownership info.

Taxes

8602 Caribbean Dr has 10 associated Taxes items

8602 Caribbean Dr, 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 $467,400. The APN we've located for 8602 Caribbean Dr is 10-100623.

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Taxes
  • Assessed Value:  $467,400
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-100623
  • Assessed Land Value:  338200
  • Market Land Value:  338200
  • Tax Amount:  6336
  • Tax Year:  2026
  • Market Value:  467400
  • Market Year:  2026

Tax History

8602 Caribbean Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $467,400 Land Value $338,200 Improvement Value $129,200 Tax Amount $6,336 Change Rate +0.03209% Assessed CR Tax Rate +0.013556%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,139 Change Rate +0.019041% Assessed CR Tax Rate
Year 2024 Assessed Value $431,733 Land Value Improvement Value Tax Amount $6,024.29 Change Rate +0.032559% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $413,900 Land Value $338,200 Improvement Value $75,700 Tax Amount $5,834.33 Change Rate +0.019092% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $407,367 Land Value Improvement Value Tax Amount $5,725.03 Change Rate +0.010745% Assessed CR Tax Rate +0.014054%
Year 2021 Assessed Value $400,833 Land Value Improvement Value Tax Amount $5,664.17 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $394,300 Land Value $338,200 Improvement Value $56,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $388,367 Land Value Improvement Value Tax Amount $5,508.5 Change Rate +0.022691% Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $382,433 Land Value Improvement Value Tax Amount $5,386.28 Change Rate +0.013186% Assessed CR Tax Rate +0.014084%
Year 2017 Assessed Value $376,500 Land Value Improvement Value Tax Amount $5,316.18 Change Rate Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $376,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $376,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $377,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $5,105.65 Change Rate Assessed CR Tax Rate