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786 Ocean Pkwy

Ocean Pines, MD 21811

3 bd 2 ba 1,849 sqft Built 1991 Lot 9,583 sqft single_family
Most recent sale
$385,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $385,000 BrightMLS
Feb 28, 2024 Price changed $379,900 BrightMLS
Feb 15, 2024 Listed $410,000 BrightMLS
Dec 30, 2020 Sold $249,900 BrightMLS
Nov 24, 2020 Listed $249,900 BrightMLS
Nov 4, 2020 Listing removed BrightMLS
Oct 12, 2020 Relisted $259,900 BrightMLS
Oct 7, 2020 Listing removed BrightMLS
Sep 29, 2020 Price changed $259,900 BrightMLS
Sep 21, 2020 Listed $269,900 BrightMLS
Sep 28, 1994 Sold $124,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $227,233 $2,165
2021 $153,700 $60,800 $214,500 $2,052
2020 $211,633 $2,025
2019 $208,767 $2,022
2018 $149,600 $56,300 $205,900 $1,949
2017 $203,867 $1,930
2016 $201,833 $1,911
2015 $152,500 $47,300 $199,800 $1,892
2014 $152,500 $47,300 $199,800 $1,762
2013 $199,800 $1,762
2012 $219,200 $1,812
2011 $219,200 $1,614
2010 $219,200 $1,574
2009 $314,520 $1,588
2008 $283,990 $1,536

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,849 sqft
Lot size
9,583 sqft
ZIP code
21811
City
Ocean Pines
Street
Ocean Pkwy
Coordinates
38.38117, -75.14694

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
$2,774
Gross rental yield
8.65%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 786 Ocean Pkwy last sell?
786 Ocean Pkwy most recently sold on Apr 15, 2024 for $385,000.
What is the current tax assessment for 786 Ocean Pkwy?
The most recent total assessment for 786 Ocean Pkwy (year 2022) is $227,233 with $2,165 in property tax.
How does 786 Ocean Pkwy's assessment compare to its last sale price?
The current assessment is 41.0% below the last sale price of $385,000.
When was 786 Ocean Pkwy built?
786 Ocean Pkwy was built in 1991.
How does 786 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 786 Ocean Pkwy?
786 Ocean Pkwy is a 3 bed, 2 bath, 1,849 sqft, 9,583 sqft lot single_family.
Is 786 Ocean Pkwy a flip candidate?
No — 786 Ocean Pkwy does not appear in our flips dataset.
Is 786 Ocean Pkwy a tax-appeal candidate?
No — 786 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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