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3508 Monarch Dr

Edgewater, MD 21037

4 bd 5 ba 3,906 sqft Built 2001 Lot 11,288 sqft single_family
Most recent sale
$940,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $940,000 MLS #MDAA2034266
Jun 3, 2022 Listed $939,000 MLS #MDAA2034266
Apr 7, 2021 Sold $840,000 Public Record
Feb 17, 2021 Sold $840,000 MLS #MDAA455284
Feb 16, 2021 Price changed $840,000 MLS #MDAA455284
Jan 14, 2021 Price changed $875,000 MLS #MDAA455284
Dec 22, 2020 Listed $850,000 MLS #MDAA455284
Nov 9, 2001 Sold $580,669 Public Record
Feb 14, 2000 Sold $1,185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $645,700 $200,500 $846,200 $9,837
2024 $645,700 $200,500 $846,200 $9,866
2023 $721,700 $250,500 $972,200 $11,183
2021 $896,467 $9,888
2020 $583,100 $275,500 $858,600 $8,249
2019 $583,100 $275,500 $858,600 $8,123
2018 $583,100 $275,500 $858,600 $7,752
2017 $593,200 $271,800 $865,000 $7,669
2016 $822,333 $7,553
2015 $779,667 $7,438
2014 $599,300 $137,700 $737,000 $7,256
2013 $737,000 $6,980
2012 $737,000 $6,820
2011 $850,020 $6,491
2010 $850,020 $6,365
2009 $850,020 $6,119

Property facts

Year built
2001
Property type
single_family
Stories
3
Beds
4
Baths
5
Living area
3,906 sqft
Lot size
11,288 sqft
ZIP code
21037
City
Edgewater
Street
Monarch Dr
Coordinates
38.91242, -76.57486

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
$5,859
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 3508 Monarch Dr last sell?
3508 Monarch Dr most recently sold on Jul 29, 2022 for $940,000.
What is the current tax assessment for 3508 Monarch Dr?
The most recent total assessment for 3508 Monarch Dr (year 2025) is $846,200 with $9,837 in property tax.
How does 3508 Monarch Dr's assessment compare to its last sale price?
The current assessment is 10.0% below the last sale price of $940,000.
When was 3508 Monarch Dr built?
3508 Monarch Dr was built in 2001.
How does 3508 Monarch Dr compare to others on Monarch Dr?
We track 8 other properties on Monarch Dr. Browse the list under "Other properties on Monarch Dr" to compare beds, baths, and sale history.
What are the property facts for 3508 Monarch Dr?
3508 Monarch Dr is a 4 bed, 5 bath, 3,906 sqft, 11,288 sqft lot single_family.
Is 3508 Monarch Dr a flip candidate?
No — 3508 Monarch Dr does not appear in our flips dataset.
Is 3508 Monarch Dr a tax-appeal candidate?
No — 3508 Monarch 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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