438 Ocean Pkwy
Ocean Pines, MD 21811
2 bd 2 ba 1,418 sqft Built 1973 condos
Most recent sale
$180,000
Mar 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 28, 2025 | Listed | $245,000 | BrightMLS |
| Mar 19, 2022 | Sold | $180,000 | MLS #MDWO119958 |
| Aug 26, 2021 | Price changed | $185,900 | MLS #MDWO119958 |
| Feb 4, 2021 | Listed | $155,000 | MLS #MDWO119958 |
| Mar 3, 1982 | Sold | $54,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $34,000 | $34,000 | $68,000 | $650 |
| 2020 | $34,000 | $34,000 | $68,000 | $650 |
| 2019 | $34,000 | $34,000 | $68,000 | $650 |
| 2018 | $66,400 | $66,400 | $132,800 | $1,257 |
| 2015 | $59,800 | $59,800 | $119,600 | $1,132 |
| 2014 | $59,800 | $59,800 | $119,600 | $1,054 |
Property facts
Year built
1973
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,418 sqft
Lot size
—
ZIP code
21811
City
Ocean Pines
Street
Ocean Pkwy
Coordinates
38.38890, -75.14513
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
$2,127
Gross rental yield
14.18%
Implied cap rate
9.22%
Trend-extrapolated value
—
Frequently asked questions
When did 438 Ocean Pkwy last sell?
438 Ocean Pkwy most recently sold on Mar 19, 2022 for $180,000.
What is the current tax assessment for 438 Ocean Pkwy?
The most recent total assessment for 438 Ocean Pkwy (year 2021) is $68,000 with $650 in property tax.
How does 438 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $180,000.
When was 438 Ocean Pkwy built?
438 Ocean Pkwy was built in 1973.
How does 438 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 438 Ocean Pkwy?
438 Ocean Pkwy is a 2 bed, 2 bath, 1,418 sqft condos.
Is 438 Ocean Pkwy a flip candidate?
No — 438 Ocean Pkwy does not appear in our flips dataset.
Is 438 Ocean Pkwy a tax-appeal candidate?
No — 438 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
Explore nearby
Geography
Other properties on Ocean Pkwy