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738 Ocean Pkwy

Ocean Pines, MD 21811

3 bd 2 ba 1,464 sqft Built 1985 Lot 9,750 sqft single_family
Most recent sale
$350,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $350,000 MLS #MDWO2006530
Apr 1, 2022 Listed $329,900 MLS #MDWO2006530
Nov 2, 2006 Sold $255,000 Public Record
Sep 25, 2003 Sold $184,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $262,100 $2,240
2024 $262,100 $2,227
2022 $192,800 $1,836
2021 $111,500 $60,800 $172,300 $1,595
2020 $164,333 $1,544
2019 $156,367 $1,496
2018 $92,100 $56,300 $148,400 $1,405
2017 $139,433 $1,320
2016 $130,467 $1,235
2015 $74,200 $47,300 $121,500 $1,150
2014 $74,200 $47,300 $121,500 $1,071
2013 $121,500 $1,071
2012 $159,800 $1,409
2011 $159,800 $1,286
2010 $159,800 $1,286
2009 $238,990 $1,923
2008 $214,342 $1,740

Property facts

Year built
1985
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,464 sqft
Lot size
9,750 sqft
ZIP code
21811
City
Ocean Pines
Street
Ocean Pkwy
Coordinates
38.37832, -75.14277

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
$2,196
Gross rental yield
7.53%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 738 Ocean Pkwy last sell?
738 Ocean Pkwy most recently sold on May 12, 2022 for $350,000.
What is the current tax assessment for 738 Ocean Pkwy?
The most recent total assessment for 738 Ocean Pkwy (year 2025) is $262,100 with $2,240 in property tax.
How does 738 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $350,000.
When was 738 Ocean Pkwy built?
738 Ocean Pkwy was built in 1985.
How does 738 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 738 Ocean Pkwy?
738 Ocean Pkwy is a 3 bed, 2 bath, 1,464 sqft, 9,750 sqft lot single_family.
Is 738 Ocean Pkwy a flip candidate?
No — 738 Ocean Pkwy does not appear in our flips dataset.
Is 738 Ocean Pkwy a tax-appeal candidate?
No — 738 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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