8409 Margo Rd
Lanham, MD 20706
5 bd 4 ba 1,980 sqft Built 1971 Lot 12,197 sqft single_family
Most recent sale
$495,000
Jan 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 4, 2022 | Sold | $495,000 | MLS #MDPG2017434 |
| Nov 23, 2021 | Price changed | $495,000 | MLS #MDPG2017434 |
| Nov 20, 2021 | Relisted | $515,000 | MLS #MDPG2017434 |
| Nov 12, 2021 | Listed | $515,000 | MLS #MDPG2017434 |
| Mar 22, 2009 | Listing removed | $435,000 | MRIS |
| Sep 4, 2008 | Listed | $435,000 | MLS #PG6863440 |
| Nov 20, 2001 | Sold | $224,900 | Public Record |
| Aug 30, 1990 | Sold | $175,000 | Public Record |
| Sep 26, 1984 | Sold | $105,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $187,400 | $125,800 | $313,200 | $4,329 |
| 2020 | — | — | $304,000 | $4,261 |
| 2019 | — | — | $294,800 | $4,169 |
| 2018 | $184,800 | $100,800 | $285,600 | $4,056 |
| 2017 | — | — | $263,867 | $3,906 |
| 2016 | — | — | $242,133 | $3,779 |
| 2015 | $119,600 | $100,800 | $220,400 | $3,673 |
| 2014 | $119,600 | $100,800 | $220,400 | $3,536 |
| 2013 | — | — | $220,400 | $4,612 |
| 2011 | — | — | $297,400 | $4,603 |
| 2010 | — | — | $297,400 | $6,239 |
Property facts
Year built
1971
Property type
single_family
Stories
3
Beds
5
Baths
4
Living area
1,980 sqft
Lot size
12,197 sqft
ZIP code
20706
City
Lanham
Street
Margo Rd
Coordinates
38.98167, -76.86040
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8409 Margo Rd last sell?
8409 Margo Rd most recently sold on Jan 4, 2022 for $495,000.
What is the current tax assessment for 8409 Margo Rd?
The most recent total assessment for 8409 Margo Rd (year 2021) is $313,200 with $4,329 in property tax.
How does 8409 Margo Rd's assessment compare to its last sale price?
The current assessment is 36.7% below the last sale price of $495,000.
When was 8409 Margo Rd built?
8409 Margo Rd was built in 1971.
How does 8409 Margo Rd compare to others on Margo Rd?
We track 1 other property on Margo Rd. Browse the list under "Other properties on Margo Rd" to compare beds, baths, and sale history.
What are the property facts for 8409 Margo Rd?
8409 Margo Rd is a 5 bed, 4 bath, 1,980 sqft, 12,197 sqft lot single_family.
Is 8409 Margo Rd a flip candidate?
No — 8409 Margo Rd does not appear in our flips dataset.
Is 8409 Margo Rd a tax-appeal candidate?
No — 8409 Margo Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.2%
Implied 1-yr
-12.9%
2026 Q3
$305.3K
2026 Q4
$292.8K
ZIP 20706 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Margo Rd