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51 Elder Pl

Indian Head, MD 20640

2 bd 1 ba 672 sqft Built 1943 condos
Most recent sale
$72,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Sold $72,000 MLS #MDCH2006146
Dec 13, 2021 Listed $79,900 MLS #MDCH2006146

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $34,200 $35,000 $69,200 $1,271
2024 $34,200 $35,000 $69,200 $1,125
2022 $18,200 $25,000 $43,200 $836
2021 $18,200 $25,000 $43,200 $814
2020 $18,200 $25,000 $43,200 $786
2019 $26,500 $25,000 $51,500 $878
2018 $48,833 $806
2017 $46,167 $765
2016 $18,500 $25,000 $43,500 $711
2015 $18,500 $25,000 $43,500 $696
2014 $29,700 $50,000 $43,500 $1,070
2013 $29,700 $50,000 $79,700 $920
2012 $79,700 $827
2011 $79,700 $752
2010 $110,990 $707

Property facts

Year built
1943
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
672 sqft
Lot size
ZIP code
20640
City
Indian Head
Street
Elder Pl
Coordinates
38.60621, -77.13799

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
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 51 Elder Pl last sell?
51 Elder Pl most recently sold on Mar 29, 2022 for $72,000.
What is the current tax assessment for 51 Elder Pl?
The most recent total assessment for 51 Elder Pl (year 2025) is $69,200 with $1,271 in property tax.
How does 51 Elder Pl's assessment compare to its last sale price?
The current assessment is 3.9% below the last sale price of $72,000.
When was 51 Elder Pl built?
51 Elder Pl was built in 1943.
How does 51 Elder Pl compare to others on Elder Pl?
We track 8 other properties on Elder Pl. Browse the list under "Other properties on Elder Pl" to compare beds, baths, and sale history.
What are the property facts for 51 Elder Pl?
51 Elder Pl is a 2 bed, 1 bath, 672 sqft condos.
Is 51 Elder Pl a flip candidate?
No — 51 Elder Pl does not appear in our flips dataset.
Is 51 Elder Pl a tax-appeal candidate?
No — 51 Elder Pl 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
+4.4%
Implied 1-yr
+17.7%
2026 Q3
$431.3K
2026 Q4
$446.2K
ZIP 20640 — Median Price History + Forecast

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