2340 Forest Ridge Ter
Chesapeake Beach, MD 20732
3 bd 3 ba 2,400 sqft Built 2008 Lot 2,614 sqft condos
Most recent sale
$350,000
Dec 7, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 12, 2025 | Sold | $369,000 | BrightMLS |
| Jul 27, 2025 | Price changed | $369,000 | BrightMLS |
| Jul 21, 2025 | Price changed | $372,000 | BrightMLS |
| Jun 26, 2025 | Listed | $379,000 | BrightMLS |
| May 28, 2025 | Relisted | $379,000 | BrightMLS |
| May 12, 2025 | Price changed | $389,000 | BrightMLS |
| May 9, 2025 | Price changed | $395,000 | BrightMLS |
| Apr 18, 2025 | Price changed | $400,000 | BrightMLS |
| Mar 30, 2025 | Price changed | $406,000 | BrightMLS |
| Mar 18, 2025 | Listed | $400,000 | BrightMLS |
| Dec 7, 2023 | Sold | $350,000 | BrightMLS |
| Nov 3, 2023 | Listed | $349,900 | BrightMLS |
| May 6, 2015 | Listing removed | $279,900 | MRIS |
| Apr 29, 2015 | Listed | $279,900 | MRIS |
| May 29, 2008 | Sold | $282,990 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax 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 | $2,637 |
| 2019 | $144,700 | $88,000 | $232,700 | $2,650 |
| 2018 | — | — | $222,767 | $2,544 |
| 2017 | — | — | $212,833 | $2,480 |
| 2016 | — | — | $196,767 | $2,203 |
| 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
condos
Stories
2
Beds
3
Baths
3
Living area
2,400 sqft
Lot size
2,614 sqft
ZIP code
20732
City
Chesapeake Beach
Street
Forest Ridge Ter
Coordinates
38.68748, -76.55128
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,600
Gross rental yield
12.34%
Implied cap rate
8.02%
Trend-extrapolated value
—
Frequently asked questions
When did 2340 Forest Ridge Ter last sell?
2340 Forest Ridge Ter most recently sold on Dec 7, 2023 for $350,000.
What is the current tax assessment for 2340 Forest Ridge Ter?
The most recent total assessment for 2340 Forest Ridge Ter (year 2025) is $313,000 with $3,419 in property tax.
How does 2340 Forest Ridge Ter's assessment compare to its last sale price?
The current assessment is 10.6% below the last sale price of $350,000.
When was 2340 Forest Ridge Ter built?
2340 Forest Ridge Ter was built in 2008.
How does 2340 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 2340 Forest Ridge Ter?
2340 Forest Ridge Ter is a 3 bed, 3 bath, 2,400 sqft, 2,614 sqft lot condos.
Is 2340 Forest Ridge Ter a flip candidate?
No — 2340 Forest Ridge Ter does not appear in our flips dataset.
Is 2340 Forest Ridge Ter a tax-appeal candidate?
No — 2340 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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