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712 Ocean Pkwy

Berlin, MD 21811

3 bd 2 ba 1,782 sqft Built 1991 Lot 9,583 sqft single_family
Most recent sale
$400,000
Feb 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 29, 2024 Sold $400,000 BrightMLS
Jan 11, 2024 Listed $399,990 BrightMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $257,667 $2,025
2021 $172,400 $60,800 $233,200 $1,957
2020 $226,900 $1,900
2019 $220,600 $1,845
2018 $158,000 $56,300 $214,300 $1,773
2017 $198,900 $1,711
2016 $183,500 $1,651
2015 $120,800 $47,300 $168,100 $1,591
2014 $120,800 $47,300 $168,100 $1,482
2013 $168,100 $1,482
2012 $213,800 $1,696
2011 $213,800 $1,512
2010 $213,800 $1,475
2009 $308,200 $1,477
2008 $280,192 $1,428

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,782 sqft
Lot size
9,583 sqft
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.37676, -75.14017

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
$2,673
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 712 Ocean Pkwy last sell?
712 Ocean Pkwy most recently sold on Feb 29, 2024 for $400,000.
What is the current tax assessment for 712 Ocean Pkwy?
The most recent total assessment for 712 Ocean Pkwy (year 2022) is $257,667 with $2,025 in property tax.
How does 712 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 35.6% below the last sale price of $400,000.
When was 712 Ocean Pkwy built?
712 Ocean Pkwy was built in 1991.
How does 712 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 712 Ocean Pkwy?
712 Ocean Pkwy is a 3 bed, 2 bath, 1,782 sqft, 9,583 sqft lot single_family.
Is 712 Ocean Pkwy a flip candidate?
No — 712 Ocean Pkwy does not appear in our flips dataset.
Is 712 Ocean Pkwy a tax-appeal candidate?
No — 712 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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