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1305 Palmyra Ln

Bowie, MD 20716

3 bd 2 ba 1,583 sqft Built 1969 Lot 13,470 sqft single_family
Most recent sale
$399,900
Oct 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2022 Sold $407,300 BrightMLS
Oct 21, 2022 Listed $399,900 MLS #MDPG2056458
Oct 15, 2022 Sold $399,900 MLS #MDPG2056458
Sep 9, 2022 Listed $399,900 MLS #MDPG2056458
Jul 25, 1969 Sold $27,585 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $264,000 $101,800 $365,800 $6,181
2024 $264,000 $101,800 $365,800 $5,911
2020 $288,167 $4,238
2019 $179,300 $100,900 $280,200 $4,122
2018 $265,633 $3,963
2017 $251,067 $3,833
2016 $135,600 $100,900 $236,500 $3,721
2015 $227,000 $3,650
2014 $217,500 $3,295
2013 $107,100 $100,900 $208,000 $3,417
2011 $208,000 $5,360
2010 $325,580 $4,900

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,583 sqft
Lot size
13,470 sqft
ZIP code
20716
City
Bowie
Street
Palmyra Ln
Coordinates
38.90743, -76.72117

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
$2,375
Gross rental yield
7.13%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 1305 Palmyra Ln last sell?
1305 Palmyra Ln most recently sold on Oct 15, 2022 for $399,900.
What is the current tax assessment for 1305 Palmyra Ln?
The most recent total assessment for 1305 Palmyra Ln (year 2025) is $365,800 with $6,181 in property tax.
How does 1305 Palmyra Ln's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $399,900.
When was 1305 Palmyra Ln built?
1305 Palmyra Ln was built in 1969.
How does 1305 Palmyra Ln compare to others on Palmyra Ln?
We track 4 other properties on Palmyra Ln. Browse the list under "Other properties on Palmyra Ln" to compare beds, baths, and sale history.
What are the property facts for 1305 Palmyra Ln?
1305 Palmyra Ln is a 3 bed, 2 bath, 1,583 sqft, 13,470 sqft lot single_family.
Is 1305 Palmyra Ln a flip candidate?
No — 1305 Palmyra Ln does not appear in our flips dataset.
Is 1305 Palmyra Ln a tax-appeal candidate?
No — 1305 Palmyra 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
-22.5%
Implied 1-yr
-89.8%
2026 Q3
$281.3K
2026 Q4
$281.3K
ZIP 20716 — Median Price History + Forecast

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