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5 Waters Edge Ct

Ocean Pines, MD 21811

3 bd 2 ba 1,985 sqft Built 1985 Lot 8,112 sqft single_family
Most recent sale
$680,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $680,000 MLS #MDWO2005754
Feb 24, 2022 Listed $675,000 MLS #MDWO2005754
Mar 15, 2010 Listing removed $499,000 Coastal
Feb 13, 2010 Listed $499,000 MLS #464007
Nov 28, 1995 Sold $185,000 Public Record
May 29, 1984 Sold $44,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $144,500 $196,500 $341,000 $3,263
2020 $338,033 $3,234
2019 $335,067 $3,206
2018 $135,600 $196,500 $332,100 $3,144
2017 $324,200 $3,070
2016 $316,300 $2,995
2015 $118,900 $189,500 $308,400 $2,920
2014 $118,900 $189,500 $308,400 $2,720
2013 $308,400 $2,720
2012 $332,700 $2,934
2011 $332,700 $2,678
2010 $332,700 $2,678
2009 $472,230 $3,801
2008 $430,386 $3,494

Property facts

Year built
1985
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,985 sqft
Lot size
8,112 sqft
ZIP code
21811
City
Ocean Pines
Street
Waters Edge Ct
Coordinates
38.39727, -75.14248

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
$2,978
Gross rental yield
5.26%
Implied cap rate
3.42%
Trend-extrapolated value

Frequently asked questions

When did 5 Waters Edge Ct last sell?
5 Waters Edge Ct most recently sold on Mar 25, 2022 for $680,000.
What is the current tax assessment for 5 Waters Edge Ct?
The most recent total assessment for 5 Waters Edge Ct (year 2021) is $341,000 with $3,263 in property tax.
How does 5 Waters Edge Ct's assessment compare to its last sale price?
The current assessment is 49.9% below the last sale price of $680,000.
When was 5 Waters Edge Ct built?
5 Waters Edge Ct was built in 1985.
How does 5 Waters Edge Ct compare to others on Waters Edge Ct?
We track 6 other properties on Waters Edge Ct. Browse the list under "Other properties on Waters Edge Ct" to compare beds, baths, and sale history.
What are the property facts for 5 Waters Edge Ct?
5 Waters Edge Ct is a 3 bed, 2 bath, 1,985 sqft, 8,112 sqft lot single_family.
Is 5 Waters Edge Ct a flip candidate?
No — 5 Waters Edge Ct does not appear in our flips dataset.
Is 5 Waters Edge Ct a tax-appeal candidate?
No — 5 Waters Edge Ct 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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