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7156 Deep Falls Way

Elkridge, MD 21075

3 bd 4 ba 1,660 sqft Built 2006 condos
Most recent sale
$406,700
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $406,700 MLS #MDHW2012958
Apr 1, 2022 Listed $375,000 MLS #MDHW2012958
Nov 29, 2006 Sold $303,785 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $327,467 $4,486
2024 $327,467 $4,257
2023 $178,200 $100,000 $278,200 $4,012
2022 $272,533 $3,931
2021 $266,867 $3,863
2020 $171,200 $90,000 $261,200 $3,768
2019 $256,267 $3,697
2018 $251,333 $3,488
2017 $156,400 $90,000 $246,400 $3,408
2016 $240,033 $3,320
2015 $233,667 $3,244
2014 $137,300 $90,000 $227,300 $3,141
2013 $227,300 $3,141
2012 $227,300 $3,447
2011 $256,900 $3,447
2010 $256,980 $3,447
2009 $256,980 $3,447
2008 $295,300 $3,082

Property facts

Year built
2006
Property type
condos
Stories
3
Beds
3
Baths
4
Living area
1,660 sqft
Lot size
ZIP code
21075
City
Elkridge
Street
Deep Falls Way
Coordinates
39.17818, -76.78465

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
$2,490
Gross rental yield
7.35%
Implied cap rate
4.78%
Trend-extrapolated value

Frequently asked questions

When did 7156 Deep Falls Way last sell?
7156 Deep Falls Way most recently sold on May 16, 2022 for $406,700.
What is the current tax assessment for 7156 Deep Falls Way?
The most recent total assessment for 7156 Deep Falls Way (year 2025) is $327,467 with $4,486 in property tax.
How does 7156 Deep Falls Way's assessment compare to its last sale price?
The current assessment is 19.5% below the last sale price of $406,700.
When was 7156 Deep Falls Way built?
7156 Deep Falls Way was built in 2006.
How does 7156 Deep Falls Way compare to others on Deep Falls Way?
We track 8 other properties on Deep Falls Way. Browse the list under "Other properties on Deep Falls Way" to compare beds, baths, and sale history.
What are the property facts for 7156 Deep Falls Way?
7156 Deep Falls Way is a 3 bed, 4 bath, 1,660 sqft condos.
Is 7156 Deep Falls Way a flip candidate?
No — 7156 Deep Falls Way does not appear in our flips dataset.
Is 7156 Deep Falls Way a tax-appeal candidate?
No — 7156 Deep Falls Way 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
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$510.2K
2026 Q4
$502K
ZIP 21075 — Median Price History + Forecast

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