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232 Ocean Pkwy

Berlin, MD 21811

5 bd 3 ba 2,484 sqft Built 1981 Lot 7,841 sqft single_family
Most recent sale
$409,000
Jun 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2025 Price changed $389,900 BrightMLS
Oct 16, 2025 Price changed $399,900 BrightMLS
Sep 25, 2025 Price changed $410,495 BrightMLS
Aug 11, 2025 Listed $432,100 BrightMLS
May 30, 2024 Listed for rent $2,800 BrightMLS
Mar 27, 2024 Relisted $450,000 BrightMLS
Mar 25, 2024 Listing removed BrightMLS
Mar 1, 2024 Listed $450,000 BrightMLS
Jun 30, 2023 Sold $409,000 BrightMLS
May 25, 2023 Listed $379,900 BrightMLS
May 24, 2017 Sold $183,900 Coastal
Feb 10, 2017 Sold $183,900 Public Record
Dec 13, 2016 Price changed $178,988 Coastal
Oct 27, 2016 Price changed $189,988 Coastal
Sep 12, 2016 Price changed $199,900 Coastal
Jul 20, 2016 Price changed $214,900 Coastal
Jun 24, 2016 Listed $224,250 Coastal
Jun 24, 2016 Listing removed $224,250 Coastal
Mar 7, 2016 Price changed $224,250 Coastal
Jan 11, 2016 Listed $229,900 Coastal
Nov 28, 2010 Listing removed $184,900 Coastal
Oct 28, 2010 Listed $184,900 Coastal
Oct 19, 2010 Listing removed $184,900 Coastal
Sep 9, 2010 Price changed $184,900 Coastal
Jul 7, 2010 Listed $199,900 Coastal
Jun 1, 1990 Sold $76,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $223,000 $2,028
2021 $145,600 $59,800 $205,400 $1,965
2020 $202,833 $1,941
2019 $200,267 $1,904
2018 $142,400 $55,300 $197,700 $1,833
2017 $187,433 $1,774
2016 $177,167 $1,677
2015 $120,600 $46,300 $166,900 $1,580
2014 $120,600 $46,300 $166,900 $1,472
2013 $166,900 $1,472
2012 $198,400 $1,749
2011 $198,400 $1,597
2010 $198,400 $1,372
2009 $276,760 $1,374
2008 $244,412 $1,329

Property facts

Year built
1981
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,484 sqft
Lot size
7,841 sqft
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.39751, -75.15972

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,726
Gross rental yield
10.93%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 232 Ocean Pkwy last sell?
232 Ocean Pkwy most recently sold on Jun 30, 2023 for $409,000.
What is the current tax assessment for 232 Ocean Pkwy?
The most recent total assessment for 232 Ocean Pkwy (year 2022) is $223,000 with $2,028 in property tax.
How does 232 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 45.5% below the last sale price of $409,000.
When was 232 Ocean Pkwy built?
232 Ocean Pkwy was built in 1981.
How does 232 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 232 Ocean Pkwy?
232 Ocean Pkwy is a 5 bed, 3 bath, 2,484 sqft, 7,841 sqft lot single_family.
Is 232 Ocean Pkwy a flip candidate?
No — 232 Ocean Pkwy does not appear in our flips dataset.
Is 232 Ocean Pkwy a tax-appeal candidate?
No — 232 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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