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282 Ocean Pkwy

Ocean Pines, MD 21811

3 bd 2 ba 960 sqft Built 1981 Lot 7,700 sqft single_family
Most recent sale
$185,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $185,000 MLS #MDWO2003210
Nov 5, 2021 Listed $189,900 MLS #MDWO2003210
Nov 19, 1987 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $101,400 $59,800 $161,200 $1,543
2020 $152,700 $1,461
2019 $144,200 $1,379
2018 $80,400 $55,300 $135,700 $1,285
2017 $131,967 $1,249
2016 $128,233 $1,214
2015 $78,200 $46,300 $124,500 $1,179
2014 $78,200 $46,300 $124,500 $1,098
2013 $124,500 $1,098
2012 $148,500 $1,309
2011 $148,500 $1,195
2010 $148,500 $1,195
2009 $223,660 $1,800
2008 $199,176 $1,617

Property facts

Year built
1981
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
960 sqft
Lot size
7,700 sqft
ZIP code
21811
City
Ocean Pines
Street
Ocean Pkwy
Coordinates
38.39688, -75.15428

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
$1,440
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 282 Ocean Pkwy last sell?
282 Ocean Pkwy most recently sold on Mar 15, 2022 for $185,000.
What is the current tax assessment for 282 Ocean Pkwy?
The most recent total assessment for 282 Ocean Pkwy (year 2021) is $161,200 with $1,543 in property tax.
How does 282 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 12.9% below the last sale price of $185,000.
When was 282 Ocean Pkwy built?
282 Ocean Pkwy was built in 1981.
How does 282 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 282 Ocean Pkwy?
282 Ocean Pkwy is a 3 bed, 2 bath, 960 sqft, 7,700 sqft lot single_family.
Is 282 Ocean Pkwy a flip candidate?
No — 282 Ocean Pkwy does not appear in our flips dataset.
Is 282 Ocean Pkwy a tax-appeal candidate?
No — 282 Ocean Pkwy 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
+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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