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506 Penny Ln

Cockeysville, MD 21030

3 bd 3 ba 1,520 sqft Built 1982 Lot 9,952 sqft single_family
Most recent sale
$486,500
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $486,500 MLS #MDBC2033400
Apr 25, 2022 Price changed $489,000 MLS #MDBC2033400
Apr 14, 2022 Listed $475,000 MLS #MDBC2033400
Oct 11, 2019 Listed $264,000 MLS #MDBC475248
Aug 16, 2019 Listed $264,000 MLS #MDBC469044
Aug 16, 2019 Price changed $265,000 MLS #MDBC461982
Jul 13, 2019 Price changed $269,900 MLS #MDBC461982
Jul 9, 2019 Price changed $272,900 MLS #MDBC461982
Jun 14, 2019 Listed $285,000 MLS #MDBC461982
Jul 25, 1996 Sold $148,890 Public Record
Aug 23, 1994 Sold $141,000 Public Record
Jan 20, 1989 Sold $126,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $232,500 $113,900 $346,400 $4,836
2023 $291,400 $4,012
2022 $150,000 $113,900 $263,900 $3,613
2021 $259,167 $3,568
2020 $254,433 $3,710
2019 $135,800 $113,900 $249,700 $3,882
2018 $240,533 $3,773
2017 $231,367 $3,723
2016 $108,300 $113,900 $222,200 $3,579
2015 $108,300 $113,900 $222,200 $3,447
2014 $219,400 $3,525
2013 $104,100 $113,900 $218,000 $3,530
2012 $218,000 $3,245
2011 $218,000 $3,308
2010 $307,920 $3,215
2009 $279,460 $3,214
2008 $251,000 $2,242

Property facts

Year built
1982
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
1,520 sqft
Lot size
9,952 sqft
ZIP code
21030
City
Cockeysville
Street
Penny Ln
Coordinates
39.47511, -76.62296

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
$2,280
Gross rental yield
5.62%
Implied cap rate
3.66%
Trend-extrapolated value

Frequently asked questions

When did 506 Penny Ln last sell?
506 Penny Ln most recently sold on May 18, 2022 for $486,500.
What is the current tax assessment for 506 Penny Ln?
The most recent total assessment for 506 Penny Ln (year 2025) is $346,400 with $4,836 in property tax.
How does 506 Penny Ln's assessment compare to its last sale price?
The current assessment is 28.8% below the last sale price of $486,500.
When was 506 Penny Ln built?
506 Penny Ln was built in 1982.
How does 506 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Penny Ln?
506 Penny Ln is a 3 bed, 3 bath, 1,520 sqft, 9,952 sqft lot single_family.
Is 506 Penny Ln a flip candidate?
No — 506 Penny Ln does not appear in our flips dataset.
Is 506 Penny Ln a tax-appeal candidate?
No — 506 Penny Ln 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
+2.4%
Implied 1-yr
+9.6%
2026 Q3
$902.8K
2026 Q4
$902.8K
ZIP 21030 — Median Price History + Forecast

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