1242 Ocean Pkwy
Berlin, MD 21811
3 bd 2 ba 1,512 sqft Built 2005 Lot 7,500 sqft single_family
Most recent sale
$344,900
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 22, 2022 | Sold | $344,900 | MLS #MDWO2007754 |
| May 13, 2022 | Listed | $329,900 | MLS #MDWO2007754 |
| May 2, 2013 | Listing removed | $229,900 | Coastal |
| Sep 6, 2012 | Listed | $229,900 | MLS #480044 |
| Mar 1, 2012 | Listing removed | $249,900 | Coastal |
| Sep 16, 2011 | Listed | $249,900 | MLS #474742 |
| Oct 18, 2005 | Sold | $289,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $169,400 | $59,700 | $229,100 | $2,192 |
| 2020 | — | — | $216,667 | $2,073 |
| 2019 | — | — | $204,233 | $1,954 |
| 2018 | $136,600 | $55,200 | $191,800 | $1,816 |
| 2017 | — | — | $187,733 | $1,777 |
| 2016 | — | — | $183,667 | $1,739 |
| 2015 | $133,400 | $46,200 | $179,600 | $1,700 |
| 2014 | $133,400 | $46,200 | $179,600 | $1,584 |
| 2013 | — | — | $179,600 | $1,584 |
| 2012 | — | — | $196,900 | $1,736 |
| 2011 | — | — | $196,900 | $1,585 |
| 2010 | — | — | $196,900 | $1,585 |
| 2009 | — | — | $279,010 | $2,246 |
| 2008 | — | — | $253,966 | $2,062 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
7,500 sqft
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.36779, -75.14507
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,268
Gross rental yield
7.89%
Implied cap rate
5.13%
Trend-extrapolated value
—
Frequently asked questions
When did 1242 Ocean Pkwy last sell?
1242 Ocean Pkwy most recently sold on Jun 22, 2022 for $344,900.
What is the current tax assessment for 1242 Ocean Pkwy?
The most recent total assessment for 1242 Ocean Pkwy (year 2021) is $229,100 with $2,192 in property tax.
How does 1242 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 33.6% below the last sale price of $344,900.
When was 1242 Ocean Pkwy built?
1242 Ocean Pkwy was built in 2005.
How does 1242 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 1242 Ocean Pkwy?
1242 Ocean Pkwy is a 3 bed, 2 bath, 1,512 sqft, 7,500 sqft lot single_family.
Is 1242 Ocean Pkwy a flip candidate?
No — 1242 Ocean Pkwy does not appear in our flips dataset.
Is 1242 Ocean Pkwy a tax-appeal candidate?
No — 1242 Ocean Pkwy is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$470.1K
2026 Q4
$470.4K
ZIP 21811 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean Pkwy