Taxes
- Assessed Value: $378,100
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 10-103711
- Assessed Land Value: 240000
- Market Land Value: 240000
- Tax Amount: 5125
- Tax Year: 2026
- Market Value: 378100
- Market Year: 2026
8700 Chesapeake Dr; Ocean City, MD Property Details
Off market
8700 Chesapeake Dr Ocean City, MD 21842
$378,100 Estimated Value
2 Baths
1,232 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1981
- Purchase Price: $100,000
- Open Loans / Balance: 1 / $36,120
- Est. Equity / %: $457,880 / 92.69%
- APN: 10-103711
- Situs County: Worcester
- Length Of Ownership: 31 years, 5 months
Rooms
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Stories: 1
- Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
- Building Condition: Average
- Building Quality: B
- Porch Type: Open
- Roof Cover Type: Composition Shingle
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,232/SqFt
- Lot: 7,200/SqFt
- Gross: 1,232/SqFt
- Living: 1,232/SqFt
- Building: 1,232/SqFt
- Price Per Square Foot: $81.17
Legal Description
- Description: RESIDUE LOT 24 & LOT 23 BLK D BERING RD 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: 38.405647 / -75.06332
- Subdivision: Oceanbay City
- Property Class: Residential
- Zoning: R-1
- County Use Code: R-C001
Amenities
- Plus Four: 5128
- Cooling: Yes
- 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
8700 Chesapeake Dr has no associated ownership info
8700 Chesapeake Dr has no associated ownership info.
Taxes
8700 Chesapeake Dr has 10 associated Taxes items
8700 Chesapeake 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 $378,100. The APN we've located for 8700 Chesapeake Dr is 10-103711.
Unlock the full reportTax History
8700 Chesapeake Dr 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 $378,100 | Land Value $240,000 | Improvement Value $138,100 | Tax Amount $5,125 | Change Rate +0.09415% | Assessed CR | Tax Rate +0.013555% |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $4,684 | Change Rate +0.090223% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $307,900 | Land Value | Improvement Value | Tax Amount $4,296.37 | Change Rate +0.117278% | Assessed CR | Tax Rate +0.013954% |
| Year 2023 | Assessed Value $272,800 | Land Value $188,000 | Improvement Value $84,800 | Tax Amount $3,845.39 | Change Rate +0.031102% | Assessed CR | Tax Rate +0.014096% |
| Year 2022 | Assessed Value $265,367 | Land Value | Improvement Value | Tax Amount $3,729.4 | Change Rate +0.0232% | Assessed CR | Tax Rate +0.014054% |
| Year 2021 | Assessed Value $257,933 | Land Value | Improvement Value | Tax Amount $3,644.84 | Change Rate | Assessed CR | Tax Rate +0.014131% |
| Year 2020 | Assessed Value $250,500 | Land Value $188,000 | Improvement Value $62,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $250,500 | Land Value $188,000 | Improvement Value $62,500 | Tax Amount $3,553.04 | Change Rate +0.007066% | Assessed CR | Tax Rate +0.014184% |
| Year 2018 | Assessed Value $250,500 | Land Value $188,000 | Improvement Value $62,500 | Tax Amount $3,528.11 | Change Rate -0.007681% | Assessed CR | Tax Rate +0.014084% |
| Year 2017 | Assessed Value $251,800 | Land Value | Improvement Value | Tax Amount $3,555.42 | Change Rate | Assessed CR | Tax Rate +0.01412% |
| Year 2016 | Assessed Value $249,567 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $247,333 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $245,100 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,856.08 | Change Rate | Assessed CR | Tax Rate |