40761 Merlin Way
Leonardtown, MD 20650
3 bd 3 ba 1,575 sqft Built 1997 Lot 159,430 sqft single_family
Most recent sale
$450,100
Feb 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 12, 2024 | Sold | $500,000 | BrightMLS |
| Feb 24, 2022 | Sold | $450,100 | MLS #MDSM2003376 |
| Jan 13, 2022 | Listed | $434,900 | MLS #MDSM2003376 |
| Oct 30, 2000 | Sold | $212,000 | Public Record |
| Apr 16, 1997 | Sold | $205,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $281,000 | $143,300 | $424,300 | $4,471 |
| 2024 | $281,000 | $143,300 | $424,300 | $4,236 |
| 2021 | — | — | $312,167 | $3,331 |
| 2020 | — | — | $307,733 | $3,283 |
| 2019 | $160,000 | $143,300 | $303,300 | $3,236 |
| 2018 | $160,000 | $143,300 | $303,300 | $3,234 |
| 2017 | $160,000 | $143,300 | $303,300 | $3,215 |
| 2016 | $162,800 | $148,300 | $311,100 | $3,309 |
| 2015 | $162,800 | $148,300 | $311,100 | $3,272 |
| 2014 | $162,800 | $148,300 | $311,100 | $3,167 |
| 2013 | $188,700 | $138,300 | $327,000 | $3,250 |
| 2012 | — | — | $327,000 | $3,118 |
| 2011 | — | — | $327,000 | $2,963 |
| 2010 | — | — | $404,310 | $2,868 |
| 2009 | — | — | $378,470 | $2,718 |
| 2008 | — | — | $352,630 | $2,371 |
Property facts
Year built
1997
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
1,575 sqft
Lot size
159,430 sqft
ZIP code
20650
City
Leonardtown
Street
Merlin Way
Coordinates
38.29464, -76.66662
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,363
Gross rental yield
6.30%
Implied cap rate
4.09%
Trend-extrapolated value
—
Frequently asked questions
When did 40761 Merlin Way last sell?
40761 Merlin Way most recently sold on Feb 24, 2022 for $450,100.
What is the current tax assessment for 40761 Merlin Way?
The most recent total assessment for 40761 Merlin Way (year 2025) is $424,300 with $4,471 in property tax.
How does 40761 Merlin Way's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $450,100.
When was 40761 Merlin Way built?
40761 Merlin Way was built in 1997.
How does 40761 Merlin Way compare to others on Merlin Way?
We track 3 other properties on Merlin Way. Browse the list under "Other properties on Merlin Way" to compare beds, baths, and sale history.
What are the property facts for 40761 Merlin Way?
40761 Merlin Way is a 3 bed, 3 bath, 1,575 sqft, 159,430 sqft lot single_family.
Is 40761 Merlin Way a flip candidate?
No — 40761 Merlin Way does not appear in our flips dataset.
Is 40761 Merlin Way a tax-appeal candidate?
No — 40761 Merlin 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
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$482.3K
2026 Q4
$488.9K
ZIP 20650 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merlin Way