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20038 Lake Park Dr

Germantown, MD 20874

2 bd 4 ba 1,678 sqft Built 1987 townhomes
Most recent sale
$399,000
Aug 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 14, 2022 Sold $399,000 MLS #MDMC2058354
Jul 12, 2022 Price changed $399,000 MLS #MDMC2058354
Jun 25, 2022 Listed $414,900 MLS #MDMC2058354
Mar 25, 2016 Sold $305,000 MLS #1002400177
Feb 3, 2016 Listed $315,000 MLS #1002400177
Mar 4, 2015 Listing removed $1,745 MRIS
Feb 10, 2015 Listing removed $299,999 MRIS
Feb 9, 2015 Listed for rent $1,745 MRIS
Jan 29, 2015 Listing removed $1,695 MRIS
Jan 22, 2015 Relisted $299,999 MLS #MC8462801
Jan 2, 2015 Listing removed $299,999 MRIS
Dec 1, 2014 Relisted $299,999 MLS #MC8462801
Dec 1, 2014 Listed for rent $1,695 MRIS
Nov 26, 2014 Listing removed $299,999 MRIS
Nov 14, 2014 Listed for rent $1,695 MRIS
Oct 29, 2014 Price changed $299,999 MLS #MC8462801
Oct 9, 2014 Price changed $309,900 MLS #MC8462801
Sep 22, 2014 Listed $315,000 MLS #MC8462801
Oct 7, 2011 Listing removed $1,745 MRIS
Aug 27, 2011 Price changed for rent $1,745 MRIS
Aug 8, 2011 Listed for rent $1,850 MRIS
May 7, 2007 Sold $375,000 Public Record
Apr 12, 2000 Sold $155,000 Public Record
Jan 11, 1996 Sold $147,275 Public Record
Jul 1, 1988 Sold $120,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $261,100 $120,000 $381,100 $4,125
2024 $261,100 $120,000 $381,100 $3,828
2022 $204,700 $120,000 $324,700 $3,213
2021 $312,800 $3,034
2020 $300,900 $2,881
2019 $169,000 $120,000 $289,000 $2,738
2018 $284,300 $2,684
2017 $279,600 $2,688
2016 $154,900 $120,000 $274,900 $2,702
2015 $154,900 $120,000 $274,900 $3,290
2014 $272,367 $3,311
2013 $151,100 $120,000 $271,100 $2,571
2012 $271,100 $2,785
2011 $271,100 $3,573
2010 $360,210 $3,388

Property facts

Year built
1987
Property type
townhomes
Stories
3
Beds
2
Baths
4
Living area
1,678 sqft
Lot size
ZIP code
20874
City
Germantown
Street
Lake Park Dr
Coordinates
39.18446, -77.28778

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,517
Gross rental yield
7.57%
Implied cap rate
4.92%
Trend-extrapolated value

Frequently asked questions

When did 20038 Lake Park Dr last sell?
20038 Lake Park Dr most recently sold on Aug 14, 2022 for $399,000.
What is the current tax assessment for 20038 Lake Park Dr?
The most recent total assessment for 20038 Lake Park Dr (year 2025) is $381,100 with $4,125 in property tax.
How does 20038 Lake Park Dr's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $399,000.
When was 20038 Lake Park Dr built?
20038 Lake Park Dr was built in 1987.
How does 20038 Lake Park Dr compare to others on Lake Park Dr?
We track 8 other properties on Lake Park Dr. Browse the list under "Other properties on Lake Park Dr" to compare beds, baths, and sale history.
What are the property facts for 20038 Lake Park Dr?
20038 Lake Park Dr is a 2 bed, 4 bath, 1,678 sqft townhomes.
Is 20038 Lake Park Dr a flip candidate?
No — 20038 Lake Park Dr does not appear in our flips dataset.
Is 20038 Lake Park Dr a tax-appeal candidate?
No — 20038 Lake Park 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
-2.1%
Implied 1-yr
-8.5%
2026 Q3
$410.3K
2026 Q4
$400.2K
ZIP 20874 — Median Price History + Forecast

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