7 Richard Way
Lavale, MD 21502
3 bd 2 ba 1,932 sqft Built 1958 Lot 14,970 sqft single_family
Most recent sale
$170,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $170,000 | MLS #MDAL2003860 |
| Aug 2, 2022 | Price changed | $180,000 | MLS #MDAL2003860 |
| Jul 20, 2022 | Listed | $185,000 | MLS #MDAL2003860 |
| Apr 7, 2014 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $96,500 | $34,400 | $130,900 | $1,600 |
| 2020 | — | — | $130,567 | $1,596 |
| 2019 | — | — | $130,233 | $1,578 |
| 2018 | $95,500 | $34,400 | $129,900 | $1,561 |
| 2017 | $95,500 | $34,400 | $129,900 | $1,560 |
| 2016 | $95,500 | $34,400 | $129,900 | $1,540 |
| 2015 | $97,600 | $34,400 | $132,000 | $1,559 |
| 2014 | $97,600 | $34,400 | $132,000 | $1,575 |
| 2013 | — | — | $132,000 | $1,692 |
| 2012 | — | — | $141,600 | $1,759 |
| 2011 | — | — | $141,600 | $1,761 |
| 2010 | — | — | $141,600 | $1,688 |
Property facts
Year built
1958
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,932 sqft
Lot size
14,970 sqft
ZIP code
21502
City
Lavale
Street
Richard Way
Coordinates
39.63346, -78.83660
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
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Richard Way last sell?
7 Richard Way most recently sold on Sep 30, 2022 for $170,000.
What is the current tax assessment for 7 Richard Way?
The most recent total assessment for 7 Richard Way (year 2021) is $130,900 with $1,600 in property tax.
How does 7 Richard Way's assessment compare to its last sale price?
The current assessment is 23.0% below the last sale price of $170,000.
When was 7 Richard Way built?
7 Richard Way was built in 1958.
How does 7 Richard Way compare to others on Richard Way?
We track 6 other properties on Richard Way. Browse the list under "Other properties on Richard Way" to compare beds, baths, and sale history.
What are the property facts for 7 Richard Way?
7 Richard Way is a 3 bed, 2 bath, 1,932 sqft, 14,970 sqft lot single_family.
Is 7 Richard Way a flip candidate?
No — 7 Richard Way does not appear in our flips dataset.
Is 7 Richard Way a tax-appeal candidate?
No — 7 Richard Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.2%
2026 Q3
$164.5K
2026 Q4
$165.4K
ZIP 21502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Richard Way