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2324 Forest Ridge Ter

Chesapeake Beach, MD 20732

3 bd 3 ba 2,600 sqft Built 2008 townhomes
Most recent sale
$327,500
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2025 Listed for rent $2,795 RentFeeder
Aug 7, 2024 Price changed for rent $2,795 RentFeeder
Aug 3, 2024 Price changed for rent $2,995 RentFeeder
Jul 31, 2024 Listed for rent $3,095 RentFeeder
May 6, 2022 Sold $327,500 MLS #MDCA2005256
Apr 14, 2022 Relisted $335,000 MLS #MDCA2005256
Apr 1, 2022 Listed $335,000 MLS #MDCA2005256
Dec 27, 2019 Sold $275,000 MLS #MDCA172908
Oct 16, 2019 Listed $275,000 MLS #MDCA172908
Jul 23, 2017 Listing removed $1,900 MRIS
Jul 1, 2017 Listing removed $1,900 BrightMLS
May 19, 2017 Listed for rent $1,900 BrightMLS
Apr 29, 2008 Sold $317,045 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
2021 $235,567 $2,566
2020 $234,133 $2,637
2019 $144,700 $88,000 $232,700 $2,650
2018 $222,767 $2,544
2017 $212,833 $2,480
2016 $196,767 $2,203
2015 $196,767 $2,204
2014 $190,633 $2,138
2013 $104,500 $80,000 $184,500 $2,073
2012 $184,500 $2,071
2011 $184,500 $2,058
2010 $303,000 $3,060
2009 $267,650 $2,795
2008 $232,300 $2,411

Property facts

Year built
2008
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,600 sqft
Lot size
ZIP code
20732
City
Chesapeake Beach
Street
Forest Ridge Ter
Coordinates
38.68776, -76.55132

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
14.29%
Implied cap rate
9.29%
Trend-extrapolated value

Frequently asked questions

When did 2324 Forest Ridge Ter last sell?
2324 Forest Ridge Ter most recently sold on May 6, 2022 for $327,500.
What is the current tax assessment for 2324 Forest Ridge Ter?
The most recent total assessment for 2324 Forest Ridge Ter (year 2025) is $313,000 with $3,419 in property tax.
How does 2324 Forest Ridge Ter's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $327,500.
When was 2324 Forest Ridge Ter built?
2324 Forest Ridge Ter was built in 2008.
How does 2324 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 2324 Forest Ridge Ter?
2324 Forest Ridge Ter is a 3 bed, 3 bath, 2,600 sqft townhomes.
Is 2324 Forest Ridge Ter a flip candidate?
No — 2324 Forest Ridge Ter does not appear in our flips dataset.
Is 2324 Forest Ridge Ter a tax-appeal candidate?
No — 2324 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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