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513 Fairmount Dr

Edgewater, MD 21037

3 bd 2 ba 1,362 sqft Built 1948 Lot 8,000 sqft single_family
Most recent sale
$430,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $430,000 MLS #MDAA2042384
Aug 17, 2022 Listed $430,000 MLS #MDAA2042384
Nov 10, 2016 Sold $300,000 Public Record
Oct 9, 2016 Relisted $312,500 MLS #AA9747252
Aug 26, 2016 Listed $300,000 MLS #AA9747252
Jul 27, 2016 Sold $170,000 Public Record
Apr 28, 2016 Price changed $195,000 MLS #AA9585602
Mar 25, 2016 Price changed $199,900 MLS #AA9585602
Mar 7, 2016 Listed $235,000 MLS #AA9585602
May 4, 2005 Sold $220,000 Public Record
Jun 20, 1997 Sold $111,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $102,600 $179,000 $281,600 $3,868
2021 $271,533 $3,269
2020 $97,500 $169,000 $266,500 $3,179
2019 $250,767 $3,121
2018 $235,033 $2,984
2017 $102,300 $117,000 $219,300 $2,938
2016 $215,567 $2,545
2015 $211,833 $2,523
2014 $76,100 $132,000 $208,100 $2,468
2013 $208,100 $2,372
2012 $208,100 $2,331
2011 $227,170 $2,216
2010 $227,170 $2,040
2009 $227,170 $1,535

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,362 sqft
Lot size
8,000 sqft
ZIP code
21037
City
Edgewater
Street
Fairmount Dr
Coordinates
38.92713, -76.54993

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
$2,043
Gross rental yield
5.70%
Implied cap rate
3.71%
Trend-extrapolated value

Frequently asked questions

When did 513 Fairmount Dr last sell?
513 Fairmount Dr most recently sold on Oct 4, 2022 for $430,000.
What is the current tax assessment for 513 Fairmount Dr?
The most recent total assessment for 513 Fairmount Dr (year 2023) is $281,600 with $3,868 in property tax.
How does 513 Fairmount Dr's assessment compare to its last sale price?
The current assessment is 34.5% below the last sale price of $430,000.
When was 513 Fairmount Dr built?
513 Fairmount Dr was built in 1948.
How does 513 Fairmount Dr compare to others on Fairmount Dr?
We track 8 other properties on Fairmount Dr. Browse the list under "Other properties on Fairmount Dr" to compare beds, baths, and sale history.
What are the property facts for 513 Fairmount Dr?
513 Fairmount Dr is a 3 bed, 2 bath, 1,362 sqft, 8,000 sqft lot single_family.
Is 513 Fairmount Dr a flip candidate?
No — 513 Fairmount Dr does not appear in our flips dataset.
Is 513 Fairmount Dr a tax-appeal candidate?
No — 513 Fairmount 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$706.3K
2026 Q4
$710.2K
ZIP 21037 — Median Price History + Forecast

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