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2924 Ocean Gtwy

Trappe, MD 21673

7 bd 12 ba 11,348 sqft Built 1880 Lot 14,915,815 sqft other
Most recent sale
$8,500,000
Mar 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2024 Listed $10,500,000 BrightMLS
Mar 30, 2023 Sold $8,500,000 BrightMLS
Mar 20, 2023 Listed $9,950,000 BrightMLS
Jan 1, 2023 Listing removed BrightMLS
Sep 19, 2022 Relisted $10,950,000 MLS #MDTA2002780
Sep 18, 2022 Listing removed BrightMLS
Apr 22, 2022 Listed $10,950,000 MLS #MDTA2002780
Apr 21, 2022 Listed $10,950,000 MLS #MDTA2002774
Apr 16, 2014 Listing removed $1,200 MRIS
Apr 11, 2014 Listed for rent $1,200 MRIS
Jun 15, 2012 Sold $5,000,000 Public Record
Nov 4, 2011 Listing removed $8,975,000 MRIS
May 9, 2011 Relisted $8,975,000 MLS #TA7327979
Apr 22, 2011 Listing removed $8,975,000 MRIS
Jan 22, 2011 Listed $8,975,000 MLS #TA7327979
Aug 5, 1986 Sold $2,050,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,777,033 $25,432
2024 $2,777,033 $24,220
2023 $939,500 $1,641,600 $2,581,100 $22,126
2022 $2,564,200 $20,424
2021 $2,547,300 $19,816
2020 $888,800 $1,641,600 $2,530,400 $19,036
2019 $888,800 $1,641,600 $2,530,400 $19,036
2018 $888,800 $1,641,600 $2,530,400 $18,410
2017 $865,600 $1,991,600 $2,857,200 $19,748
2016 $865,600 $1,991,600 $2,857,200 $19,071
2015 $3,110,100 $19,464
2014 $3,110,100 $19,013
2013 $3,110,100 $19,013
2012 $3,110,100 $18,381
2011 $3,768,900 $20,656
2010 $3,614,310 $10,088
2009 $3,459,630 $9,601
2008 $3,304,950 $9,840

Property facts

Year built
1880
Property type
other
Stories
2
Beds
7
Baths
12
Living area
11,348 sqft
Lot size
14,915,815 sqft
ZIP code
21673
City
Trappe
Street
Ocean Gtwy
Coordinates
38.62887, -76.05935

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$51,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2924 Ocean Gtwy last sell?
2924 Ocean Gtwy most recently sold on Mar 30, 2023 for $8,500,000.
What is the current tax assessment for 2924 Ocean Gtwy?
The most recent total assessment for 2924 Ocean Gtwy (year 2025) is $2,777,033 with $25,432 in property tax.
How does 2924 Ocean Gtwy's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $8,500,000.
When was 2924 Ocean Gtwy built?
2924 Ocean Gtwy was built in 1880.
How does 2924 Ocean Gtwy compare to others on Ocean Gtwy?
We track 8 other properties on Ocean Gtwy. Browse the list under "Other properties on Ocean Gtwy" to compare beds, baths, and sale history.
What are the property facts for 2924 Ocean Gtwy?
2924 Ocean Gtwy is a 7 bed, 12 bath, 11,348 sqft, 14,915,815 sqft lot other.
Is 2924 Ocean Gtwy a flip candidate?
No — 2924 Ocean Gtwy does not appear in our flips dataset.
Is 2924 Ocean Gtwy a tax-appeal candidate?
No — 2924 Ocean Gtwy 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
-9.6%
Implied 1-yr
-38.6%
2025 Q3
$235.1K
2025 Q4
$216.4K
ZIP 21673 — Median Price History + Forecast

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