1340 Ocean Pkwy
Ocean Pines, MD 21811
3 bd 2 ba 1,287 sqft Built 1996 Lot 8,747 sqft single_family
Most recent sale
$271,000
Jan 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 17, 2022 | Sold | $271,000 | MLS #MDWO2004290 |
| Dec 21, 2021 | Listed | $249,000 | MLS #MDWO2004290 |
| Apr 4, 2011 | Sold | $210,000 | Public Record |
| Jul 9, 2010 | Listing removed | $229,900 | Coastal |
| Jul 6, 2010 | Price changed | $229,900 | MLS #463822 |
| May 2, 2010 | Price changed | $234,000 | MLS #463822 |
| Jan 25, 2010 | Listed | $239,000 | MLS #463822 |
| Nov 15, 2004 | Sold | $224,900 | Public Record |
| Jun 15, 2000 | Sold | $123,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $138,400 | $60,300 | $198,700 | $1,902 |
| 2020 | — | — | $196,267 | $1,878 |
| 2019 | — | — | $193,833 | $1,855 |
| 2018 | $135,600 | $55,800 | $191,400 | $1,813 |
| 2017 | — | — | $187,867 | $1,779 |
| 2016 | — | — | $184,333 | $1,746 |
| 2015 | $134,000 | $46,800 | $180,800 | $1,712 |
| 2014 | $134,000 | $46,800 | $180,800 | $1,595 |
| 2013 | — | — | $180,800 | $1,775 |
| 2012 | — | — | $201,300 | $1,620 |
| 2011 | — | — | $201,300 | $1,620 |
| 2010 | — | — | $201,300 | $2,089 |
Property facts
Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,287 sqft
Lot size
8,747 sqft
ZIP code
21811
City
Ocean Pines
Street
Ocean Pkwy
Coordinates
38.36539, -75.13692
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
$1,931
Gross rental yield
8.55%
Implied cap rate
5.56%
Trend-extrapolated value
—
Frequently asked questions
When did 1340 Ocean Pkwy last sell?
1340 Ocean Pkwy most recently sold on Jan 17, 2022 for $271,000.
What is the current tax assessment for 1340 Ocean Pkwy?
The most recent total assessment for 1340 Ocean Pkwy (year 2021) is $198,700 with $1,902 in property tax.
How does 1340 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 26.7% below the last sale price of $271,000.
When was 1340 Ocean Pkwy built?
1340 Ocean Pkwy was built in 1996.
How does 1340 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 1340 Ocean Pkwy?
1340 Ocean Pkwy is a 3 bed, 2 bath, 1,287 sqft, 8,747 sqft lot single_family.
Is 1340 Ocean Pkwy a flip candidate?
No — 1340 Ocean Pkwy does not appear in our flips dataset.
Is 1340 Ocean Pkwy a tax-appeal candidate?
No — 1340 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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