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7516 Merrymaker Way

Elkridge, MD 21075

3 bd 3 ba 2,018 sqft Built 1997 Lot 4,050 sqft single_family
Most recent sale
$506,500
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $506,500 MLS #MDHW2019396
Aug 15, 2022 Price changed $510,000 MLS #MDHW2019396
Aug 11, 2022 Listed $500,000 MLS #MDHW2019396
Dec 6, 2004 Sold $337,000 Public Record
Mar 8, 2001 Sold $171,000 Public Record
Apr 24, 1998 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $206,200 $140,000 $346,200 $5,501
2021 $340,267 $5,393
2020 $228,600 $108,700 $337,300 $5,333
2019 $333,633 $5,280
2018 $329,967 $4,947
2017 $217,600 $108,700 $326,300 $4,879
2016 $310,900 $4,667
2015 $295,500 $4,470
2014 $171,400 $108,700 $280,100 $4,212
2013 $280,100 $4,212
2012 $280,100 $4,313
2011 $342,200 $4,173
2010 $342,280 $4,009

Property facts

Year built
1997
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,018 sqft
Lot size
4,050 sqft
ZIP code
21075
City
Elkridge
Street
Merrymaker Way
Coordinates
39.19713, -76.77510

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,027
Gross rental yield
7.17%
Implied cap rate
4.66%
Trend-extrapolated value

Frequently asked questions

When did 7516 Merrymaker Way last sell?
7516 Merrymaker Way most recently sold on Sep 16, 2022 for $506,500.
What is the current tax assessment for 7516 Merrymaker Way?
The most recent total assessment for 7516 Merrymaker Way (year 2023) is $346,200 with $5,501 in property tax.
How does 7516 Merrymaker Way's assessment compare to its last sale price?
The current assessment is 31.6% below the last sale price of $506,500.
When was 7516 Merrymaker Way built?
7516 Merrymaker Way was built in 1997.
How does 7516 Merrymaker Way compare to others on Merrymaker Way?
We track 5 other properties on Merrymaker Way. Browse the list under "Other properties on Merrymaker Way" to compare beds, baths, and sale history.
What are the property facts for 7516 Merrymaker Way?
7516 Merrymaker Way is a 3 bed, 3 bath, 2,018 sqft, 4,050 sqft lot single_family.
Is 7516 Merrymaker Way a flip candidate?
No — 7516 Merrymaker Way does not appear in our flips dataset.
Is 7516 Merrymaker Way a tax-appeal candidate?
No — 7516 Merrymaker 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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