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703 Twin Tree Rd

Ocean City, MD 21842

4 bd 2 ba 2,156 sqft Built 1988 Lot 4,500 sqft single_family
Most recent sale
$725,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $725,000 MLS #MDWO2008166
Jun 16, 2022 Price changed $725,000 MLS #MDWO2008166
Jun 10, 2022 Price changed $724,999 MLS #MDWO2008166
May 27, 2022 Listed $725,000 MLS #MDWO2008166
May 24, 2017 Sold $190,575 MLS #506501
Nov 14, 2016 Sold $190,575 Public Record
Sep 28, 2016 Listed $250,000 MLS #506501
Jul 8, 1997 Sold $152,000 Public Record
Aug 10, 1993 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $266,967 $3,549
2020 $136,000 $109,000 $245,000 $3,462
2019 $136,000 $109,000 $245,000 $3,485
2018 $136,000 $109,000 $245,000 $3,461
2017 $94,300 $150,700 $245,000 $3,461
2016 $289,600 $4,111
2015 $286,200 $3,329
2014 $128,100 $154,700 $282,800 $3,027
2013 $282,800 $2,920
2012 $282,800 $2,613
2011 $335,300 $2,514
2010 $335,300 $1,654

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,156 sqft
Lot size
4,500 sqft
ZIP code
21842
City
Ocean City
Street
Twin Tree Rd
Coordinates
38.44385, -75.06334

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
$3,234
Gross rental yield
5.35%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 703 Twin Tree Rd last sell?
703 Twin Tree Rd most recently sold on Jul 15, 2022 for $725,000.
What is the current tax assessment for 703 Twin Tree Rd?
The most recent total assessment for 703 Twin Tree Rd (year 2021) is $266,967 with $3,549 in property tax.
How does 703 Twin Tree Rd's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $725,000.
When was 703 Twin Tree Rd built?
703 Twin Tree Rd was built in 1988.
How does 703 Twin Tree Rd compare to others on Twin Tree Rd?
We track 8 other properties on Twin Tree Rd. Browse the list under "Other properties on Twin Tree Rd" to compare beds, baths, and sale history.
What are the property facts for 703 Twin Tree Rd?
703 Twin Tree Rd is a 4 bed, 2 bath, 2,156 sqft, 4,500 sqft lot single_family.
Is 703 Twin Tree Rd a flip candidate?
No — 703 Twin Tree Rd does not appear in our flips dataset.
Is 703 Twin Tree Rd a tax-appeal candidate?
No — 703 Twin Tree Rd 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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