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1087 Ocean Pkwy

Berlin, MD 21811

3 bd 3 ba 2,357 sqft Built 2005 Lot 7,220 sqft single_family
Most recent sale
$415,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $415,000 MLS #MDWO2001962
Oct 13, 2021 Price changed $415,000 MLS #MDWO2001962
Aug 29, 2021 Listed $430,000 MLS #MDWO2001962
Mar 17, 2008 Sold $295,000 Public Record
May 31, 2005 Sold $350,665 Public Record
Oct 31, 2003 Sold $1,664,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $224,000 $56,600 $280,600 $2,685
2020 $274,700 $2,629
2019 $268,800 $2,572
2018 $206,300 $56,600 $262,900 $2,490
2017 $255,967 $2,424
2016 $249,033 $2,358
2015 $185,500 $56,600 $242,100 $2,293
2014 $185,500 $56,600 $242,100 $2,135
2013 $242,100 $2,503
2012 $283,800 $2,285
2011 $283,800 $2,285
2010 $283,800 $2,982

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,357 sqft
Lot size
7,220 sqft
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.36961, -75.15978

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,536
Gross rental yield
10.22%
Implied cap rate
6.65%
Trend-extrapolated value

Frequently asked questions

When did 1087 Ocean Pkwy last sell?
1087 Ocean Pkwy most recently sold on Dec 17, 2021 for $415,000.
What is the current tax assessment for 1087 Ocean Pkwy?
The most recent total assessment for 1087 Ocean Pkwy (year 2021) is $280,600 with $2,685 in property tax.
How does 1087 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 32.4% below the last sale price of $415,000.
When was 1087 Ocean Pkwy built?
1087 Ocean Pkwy was built in 2005.
How does 1087 Ocean Pkwy compare to others on Ocean Pkwy?
We track 8 other properties on Ocean Pkwy. Browse the list under "Other properties on Ocean Pkwy" to compare beds, baths, and sale history.
What are the property facts for 1087 Ocean Pkwy?
1087 Ocean Pkwy is a 3 bed, 3 bath, 2,357 sqft, 7,220 sqft lot single_family.
Is 1087 Ocean Pkwy a flip candidate?
No — 1087 Ocean Pkwy does not appear in our flips dataset.
Is 1087 Ocean Pkwy a tax-appeal candidate?
No — 1087 Ocean Pkwy is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$470.1K
2026 Q4
$470.4K
ZIP 21811 — Median Price History + Forecast

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