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707 Laurel Ave

Ocean City, MD 21842

3 bd 2 ba 1,624 sqft Built 1977 Lot 6,000 sqft single_family
Most recent sale
$665,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $665,000 MLS #MDWO2008306
Jun 3, 2022 Listed $675,000 MLS #MDWO2008306

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $403,067 $5,696
2020 $97,700 $302,400 $400,100 $5,653
2019 $393,367 $5,596
2018 $386,633 $5,462
2017 $85,500 $294,400 $379,900 $5,366
2016 $375,367 $5,329
2015 $370,833 $5,284
2014 $75,900 $290,400 $366,300 $4,960
2013 $366,300 $4,910
2012 $366,300 $5,189
2011 $432,390 $5,189
2010 $432,390 $3,481

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,624 sqft
Lot size
6,000 sqft
ZIP code
21842
City
Ocean City
Street
Laurel Ave
Coordinates
38.44771, -75.06366

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
$2,436
Gross rental yield
4.40%
Implied cap rate
2.86%
Trend-extrapolated value

Frequently asked questions

When did 707 Laurel Ave last sell?
707 Laurel Ave most recently sold on Jul 20, 2022 for $665,000.
What is the current tax assessment for 707 Laurel Ave?
The most recent total assessment for 707 Laurel Ave (year 2021) is $403,067 with $5,696 in property tax.
How does 707 Laurel Ave's assessment compare to its last sale price?
The current assessment is 39.4% below the last sale price of $665,000.
When was 707 Laurel Ave built?
707 Laurel Ave was built in 1977.
How does 707 Laurel Ave compare to others on Laurel Ave?
We track 8 other properties on Laurel Ave. Browse the list under "Other properties on Laurel Ave" to compare beds, baths, and sale history.
What are the property facts for 707 Laurel Ave?
707 Laurel Ave is a 3 bed, 2 bath, 1,624 sqft, 6,000 sqft lot single_family.
Is 707 Laurel Ave a flip candidate?
No — 707 Laurel Ave does not appear in our flips dataset.
Is 707 Laurel Ave a tax-appeal candidate?
No — 707 Laurel Ave 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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