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8701 Mediterranean Dr; Ocean City, MD Property Details

8701 Mediterranean Dr, Ocean City, MD is a Single Family that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 8701 Mediterranean Dr has 2 bathrooms, and a total of 1,902 square feet. The lot size of 8701 Mediterranean Dr is 4,800 square feet.

Off market
8701 Mediterranean Dr Ocean City, MD 21842
$424,100 Estimated Value
2 Baths
1,902 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $162,000
  • Est. Equity / %: $575,000 / 100%
  • APN: 10-103754
  • Situs County: Worcester
  • Length Of Ownership: 20 years, 8 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: 1,902/SqFt
  • Lot: 4,800/SqFt
  • Gross: 1,902/SqFt
  • Living: 1,902/SqFt
  • Building: 1,902/SqFt
  • Price Per Square Foot: $85.17

Legal Description

  • Description: LOT 4 BLK C 60 X 80 W SIDE MEDITERRANEAN 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: 38.405403 / -75.062454
  • Subdivision: Oceanbay City
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: R-C001

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5137
  • 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

8701 Mediterranean Dr has no associated ownership info
8701 Mediterranean Dr has no associated ownership info.

Taxes

8701 Mediterranean Dr has 10 associated Taxes items

8701 Mediterranean 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 $424,100. The APN we've located for 8701 Mediterranean Dr is 10-103754.

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Taxes
  • Assessed Value:  $424,100
  • Assessed Year:  2026
  • Assessed County:  Worcester
  • APN:  10-103754
  • Assessed Land Value:  225000
  • Market Land Value:  225000
  • Tax Amount:  5749
  • Tax Year:  2026
  • Market Value:  424100
  • Market Year:  2026

Tax History

8701 Mediterranean Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $424,100 Land Value $225,000 Improvement Value $199,100 Tax Amount $5,749 Change Rate +0.101763% Assessed CR Tax Rate +0.013556%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,218 Change Rate +0.099529% Assessed CR Tax Rate
Year 2024 Assessed Value $340,100 Land Value Improvement Value Tax Amount $4,745.67 Change Rate +0.129378% Assessed CR Tax Rate +0.013954%
Year 2023 Assessed Value $298,100 Land Value $173,000 Improvement Value $125,100 Tax Amount $4,202.02 Change Rate +0.041437% Assessed CR Tax Rate +0.014096%
Year 2022 Assessed Value $287,100 Land Value Improvement Value Tax Amount $4,034.83 Change Rate +0.034155% Assessed CR Tax Rate +0.014054%
Year 2021 Assessed Value $276,100 Land Value Improvement Value Tax Amount $3,901.57 Change Rate Assessed CR Tax Rate +0.014131%
Year 2020 Assessed Value $265,100 Land Value $173,000 Improvement Value $92,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $265,100 Land Value $173,000 Improvement Value $92,100 Tax Amount $3,760.12 Change Rate +0.007065% Assessed CR Tax Rate +0.014184%
Year 2018 Assessed Value $265,100 Land Value $173,000 Improvement Value $92,100 Tax Amount $3,733.74 Change Rate -0.009258% Assessed CR Tax Rate +0.014084%
Year 2017 Assessed Value $266,900 Land Value Improvement Value Tax Amount $3,768.63 Change Rate Assessed CR Tax Rate +0.01412%
Year 2016 Assessed Value $264,867 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $262,833 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $260,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,180.68 Change Rate Assessed CR Tax Rate