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308 Locust Ln

Bel Air, MD 21014

4 bd 3 ba 2,530 sqft Built 1960 Lot 130,680 sqft single_family
Most recent sale
$425,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $425,000 MLS #MDHR2014532
Jul 15, 2022 Listed $369,900 MLS #MDHR2014532
Feb 29, 2000 Sold $189,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,400 $120,300 $365,700 $4,045
2024 $245,400 $120,300 $365,700 $3,892
2022 $203,200 $120,300 $323,500 $3,585
2019 $138,800 $124,800 $263,600 $3,102
2018 $259,233 $3,025
2017 $254,867 $2,975
2016 $125,700 $124,800 $250,500 $2,925
2015 $244,033 $2,851
2014 $237,567 $2,715
2013 $137,600 $93,500 $231,100 $2,703
2012 $231,100 $2,673
2011 $231,100 $3,059
2010 $267,500 $2,971

Property facts

Year built
1960
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,530 sqft
Lot size
130,680 sqft
ZIP code
21014
City
Bel Air
Street
Locust Ln
Coordinates
39.51470, -76.36351

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
$3,795
Gross rental yield
10.72%
Implied cap rate
6.96%
Trend-extrapolated value

Frequently asked questions

When did 308 Locust Ln last sell?
308 Locust Ln most recently sold on Aug 18, 2022 for $425,000.
What is the current tax assessment for 308 Locust Ln?
The most recent total assessment for 308 Locust Ln (year 2025) is $365,700 with $4,045 in property tax.
How does 308 Locust Ln's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $425,000.
When was 308 Locust Ln built?
308 Locust Ln was built in 1960.
How does 308 Locust Ln compare to others on Locust Ln?
We track 3 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 308 Locust Ln?
308 Locust Ln is a 4 bed, 3 bath, 2,530 sqft, 130,680 sqft lot single_family.
Is 308 Locust Ln a flip candidate?
No — 308 Locust Ln does not appear in our flips dataset.
Is 308 Locust Ln a tax-appeal candidate?
No — 308 Locust Ln 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
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$462K
2026 Q4
$468.6K
ZIP 21014 — Median Price History + Forecast

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