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3701 Coastal Hwy

Ocean City, MD 21842

1 bd 1 ba 616 sqft Built 1983 condos
Most recent sale
$236,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $236,000 MLS #MDWO2006150
Mar 4, 2022 Listed $220,000 MLS #MDWO2006150
Jul 6, 2018 Sold $130,000 Public Record
Oct 11, 2007 Sold $180,000 Public Record
Oct 2, 2001 Sold $85,000 Public Record
May 28, 1999 Sold $50,000 Public Record
May 25, 1993 Sold $48,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $59,400 $59,400 $118,800 $1,669
2021 $59,400 $59,400 $118,800 $1,679
2020 $59,400 $59,400 $118,800 $1,678
2019 $59,400 $59,400 $118,800 $1,690
2018 $59,400 $59,400 $118,800 $1,678
2017 $60,100 $60,000 $120,100 $1,696
2016 $118,667 $1,684
2015 $117,233 $1,670
2014 $57,900 $57,900 $115,800 $1,566
2013 $115,800 $1,567
2012 $115,800 $1,552
2011 $147,840 $1,774
2010 $147,840 $1,774
2009 $147,840 $1,190
2008 $184,180 $2,195

Property facts

Year built
1983
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
616 sqft
Lot size
ZIP code
21842
City
Ocean City
Street
Coastal Hwy
Coordinates
38.36557, -75.07255

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
$924
Gross rental yield
4.70%
Implied cap rate
3.05%
Trend-extrapolated value

Frequently asked questions

When did 3701 Coastal Hwy last sell?
3701 Coastal Hwy most recently sold on Apr 8, 2022 for $236,000.
What is the current tax assessment for 3701 Coastal Hwy?
The most recent total assessment for 3701 Coastal Hwy (year 2022) is $118,800 with $1,669 in property tax.
How does 3701 Coastal Hwy's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $236,000.
When was 3701 Coastal Hwy built?
3701 Coastal Hwy was built in 1983.
How does 3701 Coastal Hwy compare to others on Coastal Hwy?
We track 8 other properties on Coastal Hwy. Browse the list under "Other properties on Coastal Hwy" to compare beds, baths, and sale history.
What are the property facts for 3701 Coastal Hwy?
3701 Coastal Hwy is a 1 bed, 1 bath, 616 sqft condos.
Is 3701 Coastal Hwy a flip candidate?
No — 3701 Coastal Hwy does not appear in our flips dataset.
Is 3701 Coastal Hwy a tax-appeal candidate?
No — 3701 Coastal Hwy 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
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast

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