Overview
This Condo Tax Lien is located at 136th St Unit 102, Ocean City, MD 21842. It has 2 Baths , 826 sqft of living space. This property is Tax Lien with an estimated market value of $266,318.
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This condo property is available as a tax lien at 136th St Unit 102. This property features bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 826 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Ocean City, specifically for 136th St Unit 102 and comparable listings. Based on this expert analysis, the estimated market value is $266,318. If purchased for rental purposes, the monthly rental rate could range between $970 and $1,311, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 136th St Unit 102 are updated daily along with others in Ocean City, Maryland, ensuring you have the most current and accurate information.
There are 3 schools in the area. Nearby schools include Ocean City Elementary School and Stephen Decatur Middle School.
There are plenty of activities near this property like Ocean City Public Library, Ocean City Community Center, and more.
Public transportation options include: Ocean City bus service providing access to various parts of the town and surrounding areas, Local taxi services and ride-sharing options available. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Northside Park, Assateague Island National Seashore and more.
Services available in the area include cellular and internet options.
This property in Ocean City, MD is located in the Silver Shell North Cm Subdivision.
The property located at 136th St Unit 102 in Ocean City, MD is listed as a Tax Lien
The property located at 136th St Unit 102 in Ocean City, Maryland has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for 136th St Unit 102 located in Ocean City, MD is $1,141/month. Comparable homes around 136th St Unit 102 that are rentals have monthly ranges starting as low as $970 per month and as high as $1,311 per month. An owner looking to use this property as an investment could bring a return in the area of $970 - $1,311 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 05/16/25 | Tax Lien |
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