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388 Shore Ter

Prince Frederick, MD 20678

4 bd 4 ba 2,565 sqft Built 1977 Lot 13,362 sqft single_family
Most recent sale
$460,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 23, 2025 Listing removed $3,195 BrightMLS
Sep 12, 2022 Sold $460,000 Public Record
Aug 1, 2022 Sold $460,000 MLS #MDCA2005930
Jun 8, 2022 Price changed $459,900 MLS #MDCA2005930
May 11, 2022 Price changed $474,900 MLS #MDCA2005930
May 4, 2022 Relisted $475,000 MLS #MDCA2005930
Apr 29, 2022 Listed $475,000 MLS #MDCA2005930
Apr 8, 2003 Sold $220,000 Public Record
Nov 5, 1992 Sold $129,900 Public Record
Mar 20, 1987 Sold $94,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $143,900 $110,000 $253,900 $2,786
2018 $136,300 $110,000 $246,300 $2,712
2014 $130,300 $110,000 $240,300 $2,531

Property facts

Year built
1977
Property type
single_family
Stories
3
Beds
4
Baths
4
Living area
2,565 sqft
Lot size
13,362 sqft
ZIP code
20678
City
Prince Frederick
Street
Shore Ter
Coordinates
38.56338, -76.53766

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
$3,848
Gross rental yield
10.04%
Implied cap rate
6.52%
Trend-extrapolated value

Frequently asked questions

When did 388 Shore Ter last sell?
388 Shore Ter most recently sold on Aug 1, 2022 for $460,000.
What is the current tax assessment for 388 Shore Ter?
The most recent total assessment for 388 Shore Ter (year 2021) is $253,900 with $2,786 in property tax.
How does 388 Shore Ter's assessment compare to its last sale price?
The current assessment is 44.8% below the last sale price of $460,000.
When was 388 Shore Ter built?
388 Shore Ter was built in 1977.
How does 388 Shore Ter compare to others on Shore Ter?
We track 7 other properties on Shore Ter. Browse the list under "Other properties on Shore Ter" to compare beds, baths, and sale history.
What are the property facts for 388 Shore Ter?
388 Shore Ter is a 4 bed, 4 bath, 2,565 sqft, 13,362 sqft lot single_family.
Is 388 Shore Ter a flip candidate?
No — 388 Shore Ter does not appear in our flips dataset.
Is 388 Shore Ter a tax-appeal candidate?
No — 388 Shore Ter 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
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$535.6K
2026 Q4
$526.8K
ZIP 20678 — Median Price History + Forecast

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