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515 Railroad Ave

East New Market, MD 21631

3 bd 2 ba 1,104 sqft Built 1915 Lot 24,757 sqft single_family
Most recent sale
$169,900
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $169,900 MLS #MDDO2003434
Sep 22, 2022 Listed $169,900 MLS #MDDO2003434
Feb 13, 2019 Sold $85,000 MLS #1007536520
Sep 27, 2018 Listed $85,000 MLS #1007536520
Aug 16, 2018 Listing removed $85,000 BrightMLS
Jul 13, 2018 Listed $85,000 MLS #1002038510
Sep 9, 2014 Listing removed $150,000 MRIS
Oct 3, 2013 Listed $150,000 MLS #DO8196698
Nov 18, 2012 Listing removed $135,000 MRIS
May 12, 2011 Price changed $135,000 MLS #DO7210125
Nov 23, 2009 Listed $169,000 MLS #DO7210125

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $55,400 $18,000 $73,400 $1,338
2020 $70,167 $1,279
2019 $66,933 $1,220
2018 $45,700 $18,000 $63,700 $1,161
2017 $59,400 $1,067
2016 $55,100 $991
2015 $32,300 $18,500 $50,800 $914
2014 $32,300 $18,500 $50,800 $914
2013 $50,800 $910
2011 $49,343 $720
2010 $44,786 $623
2009 $40,230 $535

Property facts

Year built
1915
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,104 sqft
Lot size
24,757 sqft
ZIP code
21631
City
East New Market
Street
Railroad Ave
Coordinates
38.59647, -75.91388

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
11.70%
Implied cap rate
7.60%
Trend-extrapolated value

Frequently asked questions

When did 515 Railroad Ave last sell?
515 Railroad Ave most recently sold on Oct 24, 2022 for $169,900.
What is the current tax assessment for 515 Railroad Ave?
The most recent total assessment for 515 Railroad Ave (year 2021) is $73,400 with $1,338 in property tax.
How does 515 Railroad Ave's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $169,900.
When was 515 Railroad Ave built?
515 Railroad Ave was built in 1915.
How does 515 Railroad Ave compare to others on Railroad Ave?
We track 8 other properties on Railroad Ave. Browse the list under "Other properties on Railroad Ave" to compare beds, baths, and sale history.
What are the property facts for 515 Railroad Ave?
515 Railroad Ave is a 3 bed, 2 bath, 1,104 sqft, 24,757 sqft lot single_family.
Is 515 Railroad Ave a flip candidate?
No — 515 Railroad Ave does not appear in our flips dataset.
Is 515 Railroad Ave a tax-appeal candidate?
No — 515 Railroad Ave 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$253K
2026 Q4
$257.6K
ZIP 21631 — Median Price History + Forecast

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