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437 Penwood Dr

Edgewater, MD 21037

3 bd 3 ba 2,538 sqft Built 2003 Lot 2,196 sqft townhomes
Most recent sale
$535,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $535,000 MLS #MDAA2023158
Feb 23, 2022 Relisted $535,000 MLS #MDAA2023158
Feb 7, 2022 Listed $519,900 MLS #MDAA2023158
Jun 24, 2019 Sold $440,000 MLS #MDAA395816
Apr 20, 2019 Listed $445,000 MLS #MDAA395816
Jun 23, 2015 Sold $145,000 Public Record
Jun 15, 2015 Listing removed $2,800 MRIS
Mar 28, 2015 Listed for rent $2,800 BrightMLS
Oct 18, 2013 Listing removed $2,750 MRIS
Sep 17, 2013 Listed for rent $2,750 MRIS
Jun 13, 2003 Sold $399,010 Public Record
Feb 4, 2002 Sold $1,820,000 Public Record
Dec 18, 2000 Sold $4,239,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $306,100 $125,000 $431,100 $5,125
2021 $419,367 $4,759
2020 $288,500 $125,000 $413,500 $4,659
2019 $288,500 $125,000 $413,500 $4,663
2018 $288,500 $125,000 $413,500 $4,525
2017 $308,600 $125,000 $433,600 $4,750
2016 $416,333 $4,608
2015 $399,067 $4,462
2014 $281,800 $100,000 $381,800 $4,373
2013 $381,800 $3,678
2012 $381,800 $3,587
2011 $422,240 $3,401
2010 $422,240 $3,327
2009 $422,240 $2,994

Property facts

Year built
2003
Property type
townhomes
Stories
3
Beds
3
Baths
3
Living area
2,538 sqft
Lot size
2,196 sqft
ZIP code
21037
City
Edgewater
Street
Penwood Dr
Coordinates
38.92311, -76.55589

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
$3,807
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 437 Penwood Dr last sell?
437 Penwood Dr most recently sold on Mar 11, 2022 for $535,000.
What is the current tax assessment for 437 Penwood Dr?
The most recent total assessment for 437 Penwood Dr (year 2023) is $431,100 with $5,125 in property tax.
How does 437 Penwood Dr's assessment compare to its last sale price?
The current assessment is 19.4% below the last sale price of $535,000.
When was 437 Penwood Dr built?
437 Penwood Dr was built in 2003.
How does 437 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 437 Penwood Dr?
437 Penwood Dr is a 3 bed, 3 bath, 2,538 sqft, 2,196 sqft lot townhomes.
Is 437 Penwood Dr a flip candidate?
No — 437 Penwood Dr does not appear in our flips dataset.
Is 437 Penwood Dr a tax-appeal candidate?
No — 437 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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