ATTENTION INVESTORS! Apartment complex in downtown Ocean City just 1.5 blocks to the beach and boardwalk, and within walking distance to restaurants and the marina. This property includes a main house with 4 bedrooms and 3 baths(sleeps 20), updated kitchen, hardwood floors, private deck, and can be converted to 2 separate appts if desired. The back building offers 4 units(3 2-bedroom units and 1 studio), each with new window units and new heaters, an office with laundry hook up for coin operated machines, and a large attic for storage. This property also offers off-street parking for up to 6 vehicles. Grossing approx. $125,000+ in rental income, this property comes with a full book of business. Ask for the property features list and rental information.
Sold for $2,300,000
$2,300,000
103 Talbot St, Ocean City, MD 21842
11beds
4,312sqft
SingleFamily
Built in 1940
5,227 Square Feet Lot
$2,461,000 Zestimate®
$533/sqft
$1,883 Estimated rent
Home value
$2,461,000
$2.24M - $2.73M
$1,883/mo
Zestimate® history
Owner options
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$1,883/mo
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$1,883/mo
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$11,180/mo
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$11,180/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Furnished: Yes
Interior area
- Total interior livable area: 4,312 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 5,227 sqft
Details
- Parcel number: 10028183
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Ocean City
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2023 | Sold | $2,300,000-4.2%$533/sqft |
Source: Public Record Report a problem | ||
| 10/10/2023 | Pending sale | $2,399,900$557/sqft |
Source:  Bright MLS #MDWO2015180 Report a problem | ||
| 8/31/2023 | Price change | $2,399,900-4%$557/sqft |
Source: Bright MLS #MDWO2015180 Report a problem | ||
| 7/20/2023 | Listed for sale | $2,500,000+212.5%$580/sqft |
Source: Bright MLS #MDWO2015180 Report a problem | ||
| 6/30/2017 | Sold | $799,900$186/sqft |
Source:  Long & Foster Broker Feed #1000877360_100 Report a problem | ||
| 5/7/2017 | Pending sale | $799,900$186/sqft |
Source: Long & Foster-B #510065 Report a problem | ||
| 5/2/2017 | Listed for sale | $799,900-19.6%$186/sqft |
Source: Long & Foster-B #510065 Report a problem | ||
| 2/6/2015 | Listing removed | $995,000$231/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #488436 Report a problem | ||
| 2/7/2014 | Listed for sale | $995,000$231/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #488436 Report a problem | ||
| 6/3/2012 | Listing removed | $995,000$231/sqft |
Source: ERA Holiday Real Estate #469216 Report a problem | ||
| 12/7/2011 | Listed for sale | $995,000-0.4%$231/sqft |
Source: ERA Holiday Real Estate #469216 Report a problem | ||
| 11/1/2010 | Listing removed | $999,000$232/sqft |
Source: ERA Holiday Real Estate #469216 Report a problem | ||
| 10/25/2010 | Listed for sale | $999,000-20.1%$232/sqft |
Source: ERA Holiday Real Estate #469216 Report a problem | ||
| 8/29/2010 | Listing removed | $1,250,000$290/sqft |
Source: Prudential Carruthers REALTORS #463253 Report a problem | ||
| 1/10/2010 | Listed for sale | $1,250,000-3.8%$290/sqft |
Source: Prudential Carruthers REALTORS #463253 Report a problem | ||
| 11/14/2009 | Listing removed | $1,300,000$301/sqft |
Source: Prudential Carruthers #450721 Report a problem | ||
| 4/5/2009 | Price change | $1,300,000+36.8%$301/sqft |
Source: Prudential Carruthers #450721 Report a problem | ||
| 1/13/2009 | Price change | $950,000-26.9%$220/sqft |
Source: Prudential Carruthers #450721 Report a problem | ||
| 8/3/2008 | Listed for sale | $1,299,999+30%$301/sqft |
Source: Long and Foster Real Estate #WO6836364 Report a problem | ||
| 5/30/2008 | Listing removed | $999,900$232/sqft |
Source: NCI #405695 Report a problem | ||
| 5/9/2008 | Listed for sale | $999,900+426.3%$232/sqft |
Source: NCI #405695 Report a problem | ||
| 12/19/1994 | Sold | $190,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,157 +17.9% | $887,667 +20.5% |
| 2024 | $10,312 +4.9% | $736,800 +5.7% |
| 2023 | $9,829 +6% | $697,267 -5.4% |
| 2022 | $9,271 +6.1% | $736,800 +19.2% |
| 2021 | $8,735 +3.4% | $618,200 +3.4% |
| 2020 | $8,448 +2.8% | $597,900 -3.3% |
| 2019 | $8,217 +4.4% | $618,200 +10.9% |
| 2018 | $7,872 +0% | $557,300 |
| 2017 | $7,869 +18.8% | $557,300 |
| 2016 | $6,625 | $557,300 -13.1% |
| 2015 | $6,625 | $641,100 |
| 2014 | $6,625 | $641,100 |
| 2013 | -- | $641,100 -20.7% |
| 2012 | -- | $808,300 |
| 2011 | -- | $808,300 |
Find assessor info on the county website
Neighborhood: Boardwalk/Inlet
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 1.6 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 5.7 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Elementary: Ocean City
- Middle: Stephen Decatur
- High: Stephen Decatur
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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