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7115 Mill Run Dr

Derwood, MD 20855

4 bd 3 ba 2,051 sqft Built 1971 condos
Most recent sale
$385,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2022 Sold $385,000 MLS #MDMC2042640
Mar 22, 2022 Listed $372,500 MLS #MDMC2042640
Apr 3, 2019 Sold $328,000 Public Record
Mar 1, 2019 Sold $328,000 MLS #MDMC487232
Jan 12, 2019 Price changed $329,900 MLS #MDMC487232
Jan 5, 2019 Listed $349,900 MLS #MDMC487232
Apr 21, 2016 Sold $197,000 Public Record
Jul 24, 2015 Sold $197,000 MLS #1002328797
May 29, 2015 Listing removed $218,500 MRIS
May 28, 2015 Relisted $218,500 MLS #MC8620943
May 21, 2015 Listing removed $229,900 MRIS
May 19, 2015 Listed $218,500 MLS #1002328797
Oct 4, 2000 Sold $125,000 Public Record
Nov 15, 1971 Sold $30,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $224,000 $96,000 $320,000 $4,057
2021 $293,333 $2,856
2020 $196,000 $84,000 $280,000 $2,686
2019 $273,333 $2,599
2018 $266,667 $2,523
2017 $182,000 $78,000 $260,000 $2,502
2016 $182,000 $78,000 $260,000 $2,562
2015 $182,000 $78,000 $260,000 $2,544
2014 $185,500 $79,500 $265,000 $2,578
2013 $265,000 $2,534
2012 $265,000 $2,194
2011 $270,000 $1,826
2010 $270,000 $1,620

Property facts

Year built
1971
Property type
condos
Stories
3
Beds
4
Baths
3
Living area
2,051 sqft
Lot size
ZIP code
20855
City
Derwood
Street
Mill Run Dr
Coordinates
39.14506, -77.14776

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,077
Gross rental yield
9.59%
Implied cap rate
6.23%
Trend-extrapolated value

Frequently asked questions

When did 7115 Mill Run Dr last sell?
7115 Mill Run Dr most recently sold on Apr 6, 2022 for $385,000.
What is the current tax assessment for 7115 Mill Run Dr?
The most recent total assessment for 7115 Mill Run Dr (year 2023) is $320,000 with $4,057 in property tax.
How does 7115 Mill Run Dr's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $385,000.
When was 7115 Mill Run Dr built?
7115 Mill Run Dr was built in 1971.
How does 7115 Mill Run Dr compare to others on Mill Run Dr?
We track 7 other properties on Mill Run Dr. Browse the list under "Other properties on Mill Run Dr" to compare beds, baths, and sale history.
What are the property facts for 7115 Mill Run Dr?
7115 Mill Run Dr is a 4 bed, 3 bath, 2,051 sqft condos.
Is 7115 Mill Run Dr a flip candidate?
No — 7115 Mill Run Dr does not appear in our flips dataset.
Is 7115 Mill Run Dr a tax-appeal candidate?
No — 7115 Mill Run Dr 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
-4.5%
Implied 1-yr
-17.9%
2026 Q2
$594.1K
2026 Q3
$563.5K
ZIP 20855 — Median Price History + Forecast

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