2318 Forest Ridge Ter
Chesapeake Beach, MD 20732
3 bd 3 ba 1,700 sqft Built 2008 condos
Most recent sale
$330,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $330,000 | MLS #MDCA2006128 |
| May 12, 2022 | Listed | $309,900 | MLS #MDCA2006128 |
| Apr 27, 2018 | Sold | $220,000 | MLS #1004479949 |
| Jan 17, 2018 | Listed | $211,000 | MLS #1004479949 |
| May 30, 2014 | Listing removed | $249,900 | MRIS |
| May 16, 2014 | Listed | $249,900 | MLS #CA8350928 |
| Sep 13, 2013 | Sold | $220,000 | Public Record |
| Jul 16, 2008 | Sold | $277,323 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax 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 | $2,636 |
| 2020 | — | — | $240,800 | $2,647 |
| 2019 | $140,200 | $99,000 | $239,200 | $2,659 |
| 2018 | $140,200 | $99,000 | $239,200 | $2,658 |
| 2017 | $140,200 | $99,000 | $239,200 | $2,705 |
| 2016 | $140,200 | $99,000 | $239,200 | $2,702 |
| 2015 | — | — | $231,967 | $2,506 |
| 2013 | $127,500 | $90,000 | $217,500 | $2,351 |
| 2012 | — | — | $217,500 | $2,371 |
| 2011 | — | — | $217,500 | $2,755 |
| 2010 | — | — | $262,000 | $2,515 |
Property facts
Year built
2008
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,700 sqft
Lot size
—
ZIP code
20732
City
Chesapeake Beach
Street
Forest Ridge Ter
Coordinates
38.68783, -76.55147
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,550
Gross rental yield
9.27%
Implied cap rate
6.03%
Trend-extrapolated value
—
Frequently asked questions
When did 2318 Forest Ridge Ter last sell?
2318 Forest Ridge Ter most recently sold on Jun 17, 2022 for $330,000.
What is the current tax assessment for 2318 Forest Ridge Ter?
The most recent total assessment for 2318 Forest Ridge Ter (year 2025) is $319,000 with $3,481 in property tax.
How does 2318 Forest Ridge Ter's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $330,000.
When was 2318 Forest Ridge Ter built?
2318 Forest Ridge Ter was built in 2008.
How does 2318 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 2318 Forest Ridge Ter?
2318 Forest Ridge Ter is a 3 bed, 3 bath, 1,700 sqft condos.
Is 2318 Forest Ridge Ter a flip candidate?
No — 2318 Forest Ridge Ter does not appear in our flips dataset.
Is 2318 Forest Ridge Ter a tax-appeal candidate?
No — 2318 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 valuationQuarterly 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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