2817 Tern Dr
Ocean City, MD 21842
1 bd 2 ba 1,050 sqft Built 1979 condos
Most recent sale
$296,500
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 14, 2022 | Sold | $296,500 | MLS #MDWO2007292 |
| Apr 22, 2022 | Listed | $299,500 | MLS #MDWO2007292 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $242,167 | $3,306 |
| 2024 | — | — | $242,167 | $2,847 |
| 2022 | $83,000 | $82,900 | $165,900 | $2,331 |
| 2021 | $83,000 | $82,900 | $165,900 | $2,344 |
| 2020 | $83,000 | $82,900 | $165,900 | $2,344 |
| 2019 | — | — | $159,600 | $2,270 |
| 2018 | — | — | $153,300 | $2,165 |
| 2017 | $73,500 | $73,500 | $147,000 | $2,076 |
| 2016 | $73,500 | $73,500 | $147,000 | $2,086 |
| 2015 | $73,500 | $73,500 | $147,000 | $2,094 |
| 2014 | $73,500 | $73,500 | $147,000 | $1,988 |
| 2013 | — | — | $147,000 | $1,990 |
| 2012 | — | — | $147,000 | $1,970 |
| 2011 | — | — | $191,100 | $2,293 |
| 2010 | — | — | $191,100 | $2,293 |
| 2009 | — | — | $191,100 | $1,538 |
| 2008 | — | — | $227,850 | $2,715 |
Property facts
Year built
1979
Property type
condos
Stories
2
Beds
1
Baths
2
Living area
1,050 sqft
Lot size
—
ZIP code
21842
City
Ocean City
Street
Tern Dr
Coordinates
38.36033, -75.07984
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,575
Gross rental yield
6.37%
Implied cap rate
4.14%
Trend-extrapolated value
—
Frequently asked questions
When did 2817 Tern Dr last sell?
2817 Tern Dr most recently sold on Jun 14, 2022 for $296,500.
What is the current tax assessment for 2817 Tern Dr?
The most recent total assessment for 2817 Tern Dr (year 2025) is $242,167 with $3,306 in property tax.
How does 2817 Tern Dr's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $296,500.
When was 2817 Tern Dr built?
2817 Tern Dr was built in 1979.
How does 2817 Tern Dr compare to others on Tern Dr?
We track 8 other properties on Tern Dr. Browse the list under "Other properties on Tern Dr" to compare beds, baths, and sale history.
What are the property facts for 2817 Tern Dr?
2817 Tern Dr is a 1 bed, 2 bath, 1,050 sqft condos.
Is 2817 Tern Dr a flip candidate?
No — 2817 Tern Dr does not appear in our flips dataset.
Is 2817 Tern Dr a tax-appeal candidate?
No — 2817 Tern Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$476K
2026 Q4
$466K
ZIP 21842 — Median Price History + Forecast
Explore nearby
Geography
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