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1223 Ocean Pkwy

Berlin, MD 21811

3 bd 3 ba 1,246 sqft Built 1988 Lot 13,634 sqft single_family
Most recent sale
$283,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $283,000 MLS #MDWO2008924
Jul 13, 2022 Listed $279,900 MLS #MDWO2008924
Mar 2, 1989 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $130,700 $61,100 $191,800 $1,836
2020 $189,533 $1,814
2019 $187,267 $1,792
2018 $128,400 $56,600 $185,000 $1,723
2017 $178,700 $1,672
2016 $172,400 $1,622
2015 $118,500 $47,600 $166,100 $1,573
2014 $118,500 $47,600 $166,100 $1,404
2013 $166,100 $1,413
2012 $206,100 $1,264
2011 $206,100 $1,234
2010 $206,100 $1,199

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,246 sqft
Lot size
13,634 sqft
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.36932, -75.14586

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,869
Gross rental yield
7.93%
Implied cap rate
5.15%
Trend-extrapolated value

Frequently asked questions

When did 1223 Ocean Pkwy last sell?
1223 Ocean Pkwy most recently sold on Sep 2, 2022 for $283,000.
What is the current tax assessment for 1223 Ocean Pkwy?
The most recent total assessment for 1223 Ocean Pkwy (year 2021) is $191,800 with $1,836 in property tax.
How does 1223 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 32.2% below the last sale price of $283,000.
When was 1223 Ocean Pkwy built?
1223 Ocean Pkwy was built in 1988.
How does 1223 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 1223 Ocean Pkwy?
1223 Ocean Pkwy is a 3 bed, 3 bath, 1,246 sqft, 13,634 sqft lot single_family.
Is 1223 Ocean Pkwy a flip candidate?
No — 1223 Ocean Pkwy does not appear in our flips dataset.
Is 1223 Ocean Pkwy a tax-appeal candidate?
No — 1223 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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