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40325 Busy Corner Rd

Leonardtown, MD 20650

2 bd 1 ba 1,054 sqft Built 1961 Lot 113,692 sqft single_family
Most recent sale
$259,000
Jan 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 21, 2022 Sold $259,000 MLS #MDSM2003304
Dec 8, 2021 Listed $269,900 MLS #MDSM2003304
Jun 24, 2020 Sold $148,144 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,000 $118,500 $254,500 $2,887
2024 $136,000 $118,500 $254,500 $2,509
2022 $42,700 $119,500 $162,200 $1,807
2021 $160,400 $1,788
2020 $158,600 $1,767
2019 $42,100 $114,700 $156,800 $1,747
2018 $156,167 $1,739
2017 $155,533 $1,713
2016 $40,200 $114,700 $154,900 $1,714
2015 $153,300 $1,673
2014 $151,700 $1,648
2013 $40,200 $109,900 $150,100 $1,648
2012 $150,100 $1,618
2011 $150,100 $2,148
2010 $202,200 $1,870

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,054 sqft
Lot size
113,692 sqft
ZIP code
20650
City
Leonardtown
Street
Busy Corner Rd
Coordinates
38.37237, -76.68194

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,581
Gross rental yield
7.33%
Implied cap rate
4.76%
Trend-extrapolated value

Frequently asked questions

When did 40325 Busy Corner Rd last sell?
40325 Busy Corner Rd most recently sold on Jan 21, 2022 for $259,000.
What is the current tax assessment for 40325 Busy Corner Rd?
The most recent total assessment for 40325 Busy Corner Rd (year 2025) is $254,500 with $2,887 in property tax.
How does 40325 Busy Corner Rd's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $259,000.
When was 40325 Busy Corner Rd built?
40325 Busy Corner Rd was built in 1961.
How does 40325 Busy Corner Rd compare to others on Busy Corner Rd?
We track 5 other properties on Busy Corner Rd. Browse the list under "Other properties on Busy Corner Rd" to compare beds, baths, and sale history.
What are the property facts for 40325 Busy Corner Rd?
40325 Busy Corner Rd is a 2 bed, 1 bath, 1,054 sqft, 113,692 sqft lot single_family.
Is 40325 Busy Corner Rd a flip candidate?
Yes — 40325 Busy Corner Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40325 Busy Corner Rd a tax-appeal candidate?
No — 40325 Busy Corner 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
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$482.3K
2026 Q4
$488.9K
ZIP 20650 — Median Price History + Forecast

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