Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 29M+ properties All 50 states Methodology

225 Heron Dr

Ocean City, MD 21842

4 bd 3 ba 3,016 sqft Built 2000 Lot 7,405 sqft single_family
Most recent sale
$1,240,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $1,240,000 MLS #MDWO2000051
Apr 14, 2022 Price changed $1,249,900 MLS #MDWO2000051
Oct 7, 2021 Listed $1,399,999 MLS #MDWO2000051
Apr 29, 1999 Sold $125,000 Public Record
Dec 6, 1996 Sold $100,000 Public Record
May 24, 1991 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,047,833 $14,308
2024 $1,047,833 $12,806
2022 $771,800 $10,846
2021 $755,900 $10,244
2020 $384,900 $355,100 $740,000 $10,090
2019 $384,900 $355,100 $740,000 $10,154
2018 $384,900 $355,100 $740,000 $10,080
2017 $391,500 $355,100 $746,600 $9,930
2016 $745,200 $9,800
2015 $743,800 $9,663
2014 $267,300 $475,100 $742,400 $9,017
2013 $742,400 $8,789
2012 $742,400 $8,473
2011 $984,980 $7,575
2010 $984,980 $7,292
2009 $984,980 $4,775
2008 $1,254,760 $6,723

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,016 sqft
Lot size
7,405 sqft
ZIP code
21842
City
Ocean City
Street
Heron Dr
Coordinates
38.42735, -75.06512

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
$4,524
Gross rental yield
4.38%
Implied cap rate
2.85%
Trend-extrapolated value

Frequently asked questions

When did 225 Heron Dr last sell?
225 Heron Dr most recently sold on May 20, 2022 for $1,240,000.
What is the current tax assessment for 225 Heron Dr?
The most recent total assessment for 225 Heron Dr (year 2025) is $1,047,833 with $14,308 in property tax.
How does 225 Heron Dr's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $1,240,000.
When was 225 Heron Dr built?
225 Heron Dr was built in 2000.
How does 225 Heron Dr compare to others on Heron Dr?
We track 8 other properties on Heron Dr. Browse the list under "Other properties on Heron Dr" to compare beds, baths, and sale history.
What are the property facts for 225 Heron Dr?
225 Heron Dr is a 4 bed, 3 bath, 3,016 sqft, 7,405 sqft lot single_family.
Is 225 Heron Dr a flip candidate?
No — 225 Heron Dr does not appear in our flips dataset.
Is 225 Heron Dr a tax-appeal candidate?
No — 225 Heron Dr 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

Explore nearby