2440 Monarch Way
Bel Air, MD 21015
5 bd 3 ba 4,037 sqft Built 2019 Lot 7,753 sqft single_family
Most recent sale
$765,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $765,000 | MLS #MDHR2012416 |
| May 18, 2022 | Listed | $734,800 | MLS #MDHR2012416 |
| Jul 26, 2019 | Sold | $583,216 | MLS #MDHR235286 |
| Jun 26, 2019 | Listed | $583,216 | MLS #MDHR235286 |
| May 20, 2019 | Listed | $583,216 | MLS #MDHR233406 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $410,500 | $155,000 | $565,500 | $6,163 |
| 2021 | — | — | $557,033 | $6,350 |
| 2020 | $397,800 | $155,000 | $552,800 | $6,379 |
| 2019 | — | $77,500 | $77,500 | $894 |
Property facts
Year built
2019
Property type
single_family
Stories
3
Beds
5
Baths
3
Living area
4,037 sqft
Lot size
7,753 sqft
ZIP code
21015
City
Bel Air
Street
Monarch Way
Coordinates
39.50675, -76.29889
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,056
Gross rental yield
9.50%
Implied cap rate
6.17%
Trend-extrapolated value
—
Frequently asked questions
When did 2440 Monarch Way last sell?
2440 Monarch Way most recently sold on Jun 3, 2022 for $765,000.
What is the current tax assessment for 2440 Monarch Way?
The most recent total assessment for 2440 Monarch Way (year 2023) is $565,500 with $6,163 in property tax.
How does 2440 Monarch Way's assessment compare to its last sale price?
The current assessment is 26.1% below the last sale price of $765,000.
When was 2440 Monarch Way built?
2440 Monarch Way was built in 2019.
How does 2440 Monarch Way compare to others on Monarch Way?
We track 8 other properties on Monarch Way. Browse the list under "Other properties on Monarch Way" to compare beds, baths, and sale history.
What are the property facts for 2440 Monarch Way?
2440 Monarch Way is a 5 bed, 3 bath, 4,037 sqft, 7,753 sqft lot single_family.
Is 2440 Monarch Way a flip candidate?
No — 2440 Monarch Way does not appear in our flips dataset.
Is 2440 Monarch Way a tax-appeal candidate?
No — 2440 Monarch Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$418.4K
2026 Q4
$414.6K
ZIP 21015 — Median Price History + Forecast
Explore nearby
Geography
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