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1216 Prospect Mill Rd

Bel Air, MD 21015

4 bd 3 ba 2,508 sqft Built 2018 Lot 45,302 sqft single_family
Most recent sale
$615,000
Nov 8, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2023 Sold $615,000 BrightMLS
Sep 10, 2023 Listed $639,900 BrightMLS
Sep 18, 2017 Sold $80,000 BrightMLS
Jul 28, 2017 Listing removed $120,333 MRIS
Apr 17, 2017 Price changed $120,333 MRIS
Jun 26, 2015 Listed $120,333 BrightMLS
Jul 17, 1991 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,000 $102,100 $472,100 $5,145
2024 $370,000 $102,100 $472,100 $4,876
2022 $296,000 $102,100 $398,100 $4,338
2021 $395,800 $4,511
2020 $393,500 $4,540
2019 $260,800 $130,400 $391,200 $4,514
2018 $100 $130,400 $130,500 $1,492
2017 $14,800 $130,400 $145,200 $702
2016 $14,800 $130,400 $145,200 $702
2015 $14,800 $130,400 $145,200 $671
2014 $14,800 $130,400 $145,200 $662
2013 $18,800 $130,400 $149,200 $633
2012 $149,200 $1,733
2011 $149,200 $543
2010 $163,430 $504
2009 $149,550 $416
2008 $135,670 $1,382

Property facts

Year built
2018
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,508 sqft
Lot size
45,302 sqft
ZIP code
21015
City
Bel Air
Street
Prospect Mill Rd
Coordinates
39.56720, -76.32123

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
$3,762
Gross rental yield
7.34%
Implied cap rate
4.77%
Trend-extrapolated value

Frequently asked questions

When did 1216 Prospect Mill Rd last sell?
1216 Prospect Mill Rd most recently sold on Nov 8, 2023 for $615,000.
What is the current tax assessment for 1216 Prospect Mill Rd?
The most recent total assessment for 1216 Prospect Mill Rd (year 2025) is $472,100 with $5,145 in property tax.
How does 1216 Prospect Mill Rd's assessment compare to its last sale price?
The current assessment is 23.2% below the last sale price of $615,000.
When was 1216 Prospect Mill Rd built?
1216 Prospect Mill Rd was built in 2018.
How does 1216 Prospect Mill Rd compare to others on Prospect Mill Rd?
We track 8 other properties on Prospect Mill Rd. Browse the list under "Other properties on Prospect Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 1216 Prospect Mill Rd?
1216 Prospect Mill Rd is a 4 bed, 3 bath, 2,508 sqft, 45,302 sqft lot single_family.
Is 1216 Prospect Mill Rd a flip candidate?
No — 1216 Prospect Mill Rd does not appear in our flips dataset.
Is 1216 Prospect Mill Rd a tax-appeal candidate?
No — 1216 Prospect Mill Rd 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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