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2284 Forest Ridge Ter

Chesapeake Beach, MD 20732

3 bd 3 ba 1,658 sqft Built 2008 condos
Most recent sale
$339,900
Mar 25, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2024 Sold $339,900 BrightMLS
Feb 29, 2024 Listed $339,900 BrightMLS
Jul 9, 2021 Sold $298,500 BrightMLS
Jun 4, 2021 Listed $298,500 BrightMLS
Jul 13, 2017 Sold $235,000 Public Record
Jun 30, 2017 Sold $235,000 BrightMLS
Jun 30, 2017 Listing removed $254,900 MRIS
Feb 10, 2017 Listed $254,900 BrightMLS
Dec 4, 2008 Sold $273,030 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,000 $99,000 $319,000 $3,481
2024 $220,000 $99,000 $319,000 $3,216
2022 $145,000 $99,000 $244,000 $2,637
2021 $242,400 $2,635
2020 $240,800 $2,706
2019 $140,200 $99,000 $239,200 $2,719
2018 $140,200 $99,000 $239,200 $2,717
2017 $140,200 $99,000 $239,200 $2,764
2016 $231,967 $2,565
2014 $224,733 $2,489
2013 $127,500 $90,000 $217,500 $2,412
2012 $217,500 $2,410
2011 $217,500 $2,400
2010 $262,000 $2,862
2009 $231,432 $2,545

Property facts

Year built
2008
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,658 sqft
Lot size
ZIP code
20732
City
Chesapeake Beach
Street
Forest Ridge Ter
Coordinates
38.68852, -76.55186

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
$2,487
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 2284 Forest Ridge Ter last sell?
2284 Forest Ridge Ter most recently sold on Mar 25, 2024 for $339,900.
What is the current tax assessment for 2284 Forest Ridge Ter?
The most recent total assessment for 2284 Forest Ridge Ter (year 2025) is $319,000 with $3,481 in property tax.
How does 2284 Forest Ridge Ter's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $339,900.
When was 2284 Forest Ridge Ter built?
2284 Forest Ridge Ter was built in 2008.
How does 2284 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 2284 Forest Ridge Ter?
2284 Forest Ridge Ter is a 3 bed, 3 bath, 1,658 sqft condos.
Is 2284 Forest Ridge Ter a flip candidate?
No — 2284 Forest Ridge Ter does not appear in our flips dataset.
Is 2284 Forest Ridge Ter a tax-appeal candidate?
No — 2284 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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