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7505 Redland Park Pl

Derwood, MD 20855

5 bd 5 ba 5,428 sqft Built 2001 Lot 10,342 sqft single_family
Most recent sale
$1,040,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 23, 2025 Listing removed $1,850 BrightMLS
Oct 7, 2022 Sold $1,040,000 MLS #MDMC2065336
Aug 20, 2022 Listed $1,040,000 MLS #MDMC2065336
Sep 18, 2001 Sold $610,470 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $510,900 $235,700 $746,600 $8,329
2021 $708,267 $7,475
2020 $453,400 $235,700 $689,100 $7,241
2019 $687,967 $7,212
2018 $686,833 $7,205
2017 $461,200 $224,500 $685,700 $7,331
2016 $678,600 $7,413
2015 $678,600 $7,051
2014 $469,100 $195,300 $664,400 $7,138
2013 $664,400 $7,022
2012 $664,400 $7,447
2011 $733,390 $7,099
2010 $733,390 $7,105

Property facts

Year built
2001
Property type
single_family
Stories
3
Beds
5
Baths
5
Living area
5,428 sqft
Lot size
10,342 sqft
ZIP code
20855
City
Derwood
Street
Redland Park Pl
Coordinates
39.12503, -77.15205

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,142
Gross rental yield
9.39%
Implied cap rate
6.11%
Trend-extrapolated value

Frequently asked questions

When did 7505 Redland Park Pl last sell?
7505 Redland Park Pl most recently sold on Oct 7, 2022 for $1,040,000.
What is the current tax assessment for 7505 Redland Park Pl?
The most recent total assessment for 7505 Redland Park Pl (year 2023) is $746,600 with $8,329 in property tax.
How does 7505 Redland Park Pl's assessment compare to its last sale price?
The current assessment is 28.2% below the last sale price of $1,040,000.
When was 7505 Redland Park Pl built?
7505 Redland Park Pl was built in 2001.
How does 7505 Redland Park Pl compare to others on Redland Park Pl?
We do not currently track other properties on Redland Park Pl.
What are the property facts for 7505 Redland Park Pl?
7505 Redland Park Pl is a 5 bed, 5 bath, 5,428 sqft, 10,342 sqft lot single_family.
Is 7505 Redland Park Pl a flip candidate?
No — 7505 Redland Park Pl does not appear in our flips dataset.
Is 7505 Redland Park Pl a tax-appeal candidate?
No — 7505 Redland Park Pl 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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