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541 Ocean Hwy

Pocomoke City, MD 21851

3 bd 1 ba 2,247 sqft Built 1950 Lot 35,000 sqft single_family
Most recent sale
$75,500
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $75,500 Public Record
Jan 25, 2022 Sold $75,500 MLS #MDWO120334
Oct 12, 2021 Price changed $100,000 MLS #MDWO120334
Sep 16, 2021 Price changed $175,000 MLS #MDWO120334
Jul 16, 2021 Price changed $230,000 MLS #MDWO120334
Apr 6, 2021 Price changed $265,000 MLS #MDWO120334
Feb 20, 2021 Listed $299,900 MLS #MDWO120334
Dec 31, 2013 Listing removed $159,900 Coastal
Dec 1, 2013 Listed $159,900 MLS #484201
Feb 1, 2013 Listing removed $197,750 Coastal
Jul 2, 2012 Relisted $197,750 MLS #473103
Jul 1, 2012 Listing removed $197,750 Coastal
Feb 10, 2012 Listing removed $249,000 Coastal
Jan 25, 2012 Price changed $249,000 MLS #475441
Nov 9, 2011 Listed $269,000 MLS #475441
Jun 10, 2011 Listed $197,750 MLS #473103

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,000 $44,900 $152,900 $3,191
2024 $108,000 $44,900 $152,900 $2,749
2022 $37,600 $44,900 $82,500 $846
2021 $37,600 $44,900 $82,500 $850
2020 $37,600 $44,900 $82,500 $850
2019 $38,400 $44,900 $83,300 $857
2018 $38,400 $44,900 $83,300 $849
2017 $38,400 $44,900 $83,300 $849
2016 $40,700 $55,700 $96,400 $973
2015 $40,700 $55,700 $96,400 $973
2014 $40,700 $55,700 $96,400 $1,021
2013 $46,900 $62,100 $109,000 $1,021
2012 $109,000 $889
2011 $109,000 $879
2010 $118,730 $849

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,247 sqft
Lot size
35,000 sqft
ZIP code
21851
City
Pocomoke City
Street
Ocean Hwy
Coordinates
38.01467, -75.54415

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$453
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 541 Ocean Hwy last sell?
541 Ocean Hwy most recently sold on Jan 28, 2022 for $75,500.
What is the current tax assessment for 541 Ocean Hwy?
The most recent total assessment for 541 Ocean Hwy (year 2025) is $152,900 with $3,191 in property tax.
How does 541 Ocean Hwy's assessment compare to its last sale price?
The current assessment is 102.5% above the last sale price of $75,500.
When was 541 Ocean Hwy built?
541 Ocean Hwy was built in 1950.
How does 541 Ocean Hwy compare to others on Ocean Hwy?
We track 8 other properties on Ocean Hwy. Browse the list under "Other properties on Ocean Hwy" to compare beds, baths, and sale history.
What are the property facts for 541 Ocean Hwy?
541 Ocean Hwy is a 3 bed, 1 bath, 2,247 sqft, 35,000 sqft lot single_family.
Is 541 Ocean Hwy a flip candidate?
No — 541 Ocean Hwy does not appear in our flips dataset.
Is 541 Ocean Hwy a tax-appeal candidate?
Yes — 541 Ocean Hwy appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+12.0%
2026 Q3
$262.5K
2026 Q4
$266K
ZIP 21851 — Median Price History + Forecast

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