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438 Ocean Pkwy

Berlin, MD 21811

3 bd 2 ba 1,418 sqft Built 1973 townhomes
Most recent sale
$265,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $265,000 MLS #MDWO2008496
Jun 10, 2022 Listed $265,000 MLS #MDWO2008496
Nov 10, 2005 Sold $259,000 Public Record
Jan 10, 2002 Sold $125,000 Public Record
Jan 13, 2000 Sold $86,500 Public Record
Apr 10, 1984 Sold $54,000 Public Record
Aug 18, 1981 Sold $54,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $72,300 $72,300 $144,600 $1,383
2020 $72,300 $72,300 $144,600 $1,383
2019 $72,300 $72,300 $144,600 $1,383
2018 $77,300 $77,200 $154,500 $1,463
2015 $69,500 $69,400 $138,900 $1,315
2014 $69,500 $69,400 $138,900 $1,225

Property facts

Year built
1973
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,418 sqft
Lot size
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.38932, -75.14393

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
$2,127
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 438 Ocean Pkwy last sell?
438 Ocean Pkwy most recently sold on Jul 28, 2022 for $265,000.
What is the current tax assessment for 438 Ocean Pkwy?
The most recent total assessment for 438 Ocean Pkwy (year 2021) is $144,600 with $1,383 in property tax.
How does 438 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 45.4% below the last sale price of $265,000.
When was 438 Ocean Pkwy built?
438 Ocean Pkwy was built in 1973.
How does 438 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 438 Ocean Pkwy?
438 Ocean Pkwy is a 3 bed, 2 bath, 1,418 sqft townhomes.
Is 438 Ocean Pkwy a flip candidate?
No — 438 Ocean Pkwy does not appear in our flips dataset.
Is 438 Ocean Pkwy a tax-appeal candidate?
No — 438 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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