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731 Medway Rd

Hagerstown, MD 21740

4 bd 3 ba 2,208 sqft Built 1959 Lot 7,405 sqft single_family
Most recent sale
$240,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2025 Sold $315,000 BrightMLS
Aug 18, 2025 Listed $300,000 BrightMLS
Oct 14, 2022 Sold $240,000 MLS #MDWA2010328
Aug 20, 2022 Listed $235,000 MLS #MDWA2010328
Jun 24, 2022 Listed $235,000 MLS #MDWA2009092
May 25, 2018 Sold $154,000 MLS #1000241234
Mar 7, 2018 Listed $155,000 MLS #1000241234

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $206,400 $41,200 $247,600 $2,255
2024 $206,400 $41,200 $247,600 $1,964
2022 $110,600 $41,200 $151,800 $1,382
2021 $136,867 $1,280
2020 $121,933 $1,135
2019 $65,800 $41,200 $107,000 $1,000
2018 $65,800 $41,200 $107,000 $1,000
2017 $65,800 $41,200 $107,000 $1,000
2016 $67,100 $41,200 $108,300 $1,013
2015 $67,100 $41,200 $108,300 $1,013
2014 $67,100 $41,200 $108,300 $1,234
2013 $85,800 $46,200 $132,000 $1,234
2012 $217,500 $1,234
2011 $132,000 $1,439
2010 $157,510 $1,478

Property facts

Year built
1959
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,208 sqft
Lot size
7,405 sqft
ZIP code
21740
City
Hagerstown
Street
Medway Rd
Coordinates
39.64387, -77.70152

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
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 731 Medway Rd last sell?
731 Medway Rd most recently sold on Oct 14, 2022 for $240,000.
What is the current tax assessment for 731 Medway Rd?
The most recent total assessment for 731 Medway Rd (year 2025) is $247,600 with $2,255 in property tax.
How does 731 Medway Rd's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $240,000.
When was 731 Medway Rd built?
731 Medway Rd was built in 1959.
How does 731 Medway Rd compare to others on Medway Rd?
We track 8 other properties on Medway Rd. Browse the list under "Other properties on Medway Rd" to compare beds, baths, and sale history.
What are the property facts for 731 Medway Rd?
731 Medway Rd is a 4 bed, 3 bath, 2,208 sqft, 7,405 sqft lot single_family.
Is 731 Medway Rd a flip candidate?
No — 731 Medway Rd does not appear in our flips dataset.
Is 731 Medway Rd a tax-appeal candidate?
No — 731 Medway Rd 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
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$335.4K
2026 Q4
$339.1K
ZIP 21740 — Median Price History + Forecast

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