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423 Penwood Dr

Edgewater, MD 21037

3 bd 3 ba 2,918 sqft Built 2003 Lot 3,049 sqft townhomes
Most recent sale
$615,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $615,000 Public Record
Apr 11, 2024 Listing removed BrightMLS
Mar 22, 2024 Listed $599,000 BrightMLS
Sep 9, 2019 Sold $469,500 BrightMLS
Jun 20, 2019 Listing removed BrightMLS
May 25, 2019 Listed $489,900 BrightMLS
Apr 15, 2003 Sold $425,000 Public Record
Jan 31, 2003 Sold $294,420 Public Record
Dec 18, 2000 Sold $4,239,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $473,567 $5,325
2021 $466,733 $5,254
2020 $334,900 $125,000 $459,900 $5,144
2019 $334,900 $125,000 $459,900 $4,818
2018 $334,900 $125,000 $459,900 $4,601
2017 $358,300 $125,000 $483,300 $4,574
2016 $467,633 $4,475
2014 $359,800 $100,000 $459,800 $4,466
2013 $458,217 $4,412
2012 $456,633 $4,287
2011 $455,050 $4,121
2010 $455,050 $3,910
2009 $455,050 $3,835
2008 $600,360 $3,582

Property facts

Year built
2003
Property type
townhomes
Stories
3
Beds
3
Baths
3
Living area
2,918 sqft
Lot size
3,049 sqft
ZIP code
21037
City
Edgewater
Street
Penwood Dr
Coordinates
38.92345, -76.55667

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
$4,377
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 423 Penwood Dr last sell?
423 Penwood Dr most recently sold on Apr 12, 2024 for $615,000.
What is the current tax assessment for 423 Penwood Dr?
The most recent total assessment for 423 Penwood Dr (year 2022) is $473,567 with $5,325 in property tax.
How does 423 Penwood Dr's assessment compare to its last sale price?
The current assessment is 23.0% below the last sale price of $615,000.
When was 423 Penwood Dr built?
423 Penwood Dr was built in 2003.
How does 423 Penwood Dr compare to others on Penwood Dr?
We track 8 other properties on Penwood Dr. Browse the list under "Other properties on Penwood Dr" to compare beds, baths, and sale history.
What are the property facts for 423 Penwood Dr?
423 Penwood Dr is a 3 bed, 3 bath, 2,918 sqft, 3,049 sqft lot townhomes.
Is 423 Penwood Dr a flip candidate?
No — 423 Penwood Dr does not appear in our flips dataset.
Is 423 Penwood Dr a tax-appeal candidate?
No — 423 Penwood 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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