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2274 Forest Ridge Ter

Chesapeake Beach, MD 20732

3 bd 3 ba 2,600 sqft Built 2009 condos
Most recent sale
$355,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $355,000 BrightMLS
Mar 16, 2024 Listed $355,000 BrightMLS
Nov 4, 2019 Sold $278,000 BrightMLS
Sep 17, 2019 Price changed $279,000 BrightMLS
Aug 24, 2019 Listed $287,000 BrightMLS
Jun 22, 2016 Sold $265,000 BrightMLS
Jun 2, 2016 Listing removed $265,000 MRIS
Apr 6, 2016 Listed $265,000 BrightMLS
Jun 2, 2009 Sold $279,635 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $225,000 $88,000 $313,000 $3,419
2024 $225,000 $88,000 $313,000 $3,150
2022 $149,000 $88,000 $237,000 $2,566
2021 $235,567 $2,565
2020 $234,133 $2,577
2019 $144,700 $88,000 $232,700 $2,590
2018 $222,767 $2,484
2017 $212,833 $2,420
2016 $196,767 $2,143
2014 $190,633 $2,078
2013 $104,500 $80,000 $184,500 $2,013
2012 $184,500 $2,011
2011 $184,500 $1,915
2010 $303,000 $3,145
2009 $267,650 $2,778

Property facts

Year built
2009
Property type
condos
Stories
4
Beds
3
Baths
3
Living area
2,600 sqft
Lot size
ZIP code
20732
City
Chesapeake Beach
Street
Forest Ridge Ter
Coordinates
38.68859, -76.55222

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
$3,900
Gross rental yield
13.18%
Implied cap rate
8.57%
Trend-extrapolated value

Frequently asked questions

When did 2274 Forest Ridge Ter last sell?
2274 Forest Ridge Ter most recently sold on Apr 12, 2024 for $355,000.
What is the current tax assessment for 2274 Forest Ridge Ter?
The most recent total assessment for 2274 Forest Ridge Ter (year 2025) is $313,000 with $3,419 in property tax.
How does 2274 Forest Ridge Ter's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $355,000.
When was 2274 Forest Ridge Ter built?
2274 Forest Ridge Ter was built in 2009.
How does 2274 Forest Ridge Ter compare to others on Forest Ridge Ter?
We track 8 other properties on Forest Ridge Ter. Browse the list under "Other properties on Forest Ridge Ter" to compare beds, baths, and sale history.
What are the property facts for 2274 Forest Ridge Ter?
2274 Forest Ridge Ter is a 3 bed, 3 bath, 2,600 sqft condos.
Is 2274 Forest Ridge Ter a flip candidate?
No — 2274 Forest Ridge Ter does not appear in our flips dataset.
Is 2274 Forest Ridge Ter a tax-appeal candidate?
No — 2274 Forest Ridge Ter 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
+3.2%
Implied 1-yr
+12.9%
2026 Q3
$524.9K
2026 Q4
$538.9K
ZIP 20732 — Median Price History + Forecast

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