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2542 Monarch Way

Bel Air, MD 21015

4 bd 4 ba 3,562 sqft Built 2022 Lot 5,400 sqft townhomes
Most recent sale
$673,285
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $673,285 MLS #MDHR2012368

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $448,000 $135,000 $583,000 $140
2021 $67,500 $67,500 $769
2020 $67,500 $67,500 $778
2019 $67,500 $67,500 $778

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
4
Baths
4
Living area
3,562 sqft
Lot size
5,400 sqft
ZIP code
21015
City
Bel Air
Street
Monarch Way
Coordinates
39.50579, -76.29435

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
$5,343
Gross rental yield
9.52%
Implied cap rate
6.19%
Trend-extrapolated value

Frequently asked questions

When did 2542 Monarch Way last sell?
2542 Monarch Way most recently sold on May 16, 2022 for $673,285.
What is the current tax assessment for 2542 Monarch Way?
The most recent total assessment for 2542 Monarch Way (year 2023) is $583,000 with $140 in property tax.
How does 2542 Monarch Way's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $673,285.
When was 2542 Monarch Way built?
2542 Monarch Way was built in 2022.
How does 2542 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 2542 Monarch Way?
2542 Monarch Way is a 4 bed, 4 bath, 3,562 sqft, 5,400 sqft lot townhomes.
Is 2542 Monarch Way a flip candidate?
No — 2542 Monarch Way does not appear in our flips dataset.
Is 2542 Monarch Way a tax-appeal candidate?
No — 2542 Monarch Way 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
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$418.4K
2026 Q4
$414.6K
ZIP 21015 — Median Price History + Forecast

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