123 Ocean Pkwy
Ocean Pines, MD 21811
3 bd 3 ba 1,470 sqft Built 1996 Lot 9,583 sqft single_family
Most recent sale
$349,000
Mar 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 15, 2024 | Sold | $349,000 | BrightMLS |
| Jan 23, 2024 | Price changed | $349,000 | BrightMLS |
| Dec 22, 2023 | Listed | $359,000 | BrightMLS |
| Feb 27, 2003 | Sold | $160,000 | Public Record |
| Feb 21, 2003 | Sold | $160,000 | BrightMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $217,533 | $2,072 |
| 2021 | $133,300 | $60,800 | $194,100 | $1,857 |
| 2020 | — | — | $192,933 | $1,846 |
| 2019 | — | — | $191,767 | $1,835 |
| 2018 | $134,300 | $56,300 | $190,600 | $1,804 |
| 2017 | — | — | $181,600 | $1,719 |
| 2016 | — | — | $172,600 | $1,634 |
| 2015 | $116,300 | $47,300 | $163,600 | $1,549 |
| 2014 | $116,300 | $47,300 | $163,600 | $1,442 |
| 2013 | — | — | $163,600 | $1,442 |
| 2012 | — | — | $213,500 | $1,666 |
| 2011 | — | — | $213,500 | $1,718 |
| 2010 | — | — | $213,500 | $1,718 |
| 2009 | — | — | $265,760 | $2,139 |
| 2008 | — | — | $238,652 | $1,937 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,470 sqft
Lot size
9,583 sqft
ZIP code
21811
City
Ocean Pines
Street
Ocean Pkwy
Coordinates
38.38951, -75.16619
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
$2,205
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value
—
Frequently asked questions
When did 123 Ocean Pkwy last sell?
123 Ocean Pkwy most recently sold on Mar 15, 2024 for $349,000.
What is the current tax assessment for 123 Ocean Pkwy?
The most recent total assessment for 123 Ocean Pkwy (year 2022) is $217,533 with $2,072 in property tax.
How does 123 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 37.7% below the last sale price of $349,000.
When was 123 Ocean Pkwy built?
123 Ocean Pkwy was built in 1996.
How does 123 Ocean Pkwy compare to others on Ocean Pkwy?
We track 8 other properties on Ocean Pkwy. Browse the list under "Other properties on Ocean Pkwy" to compare beds, baths, and sale history.
What are the property facts for 123 Ocean Pkwy?
123 Ocean Pkwy is a 3 bed, 3 bath, 1,470 sqft, 9,583 sqft lot single_family.
Is 123 Ocean Pkwy a flip candidate?
No — 123 Ocean Pkwy does not appear in our flips dataset.
Is 123 Ocean Pkwy a tax-appeal candidate?
No — 123 Ocean Pkwy is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$470.1K
2026 Q4
$470.4K
ZIP 21811 — Median Price History + Forecast
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Geography
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