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40905 Spring House Ln

Leonardtown, MD 20650

3 bd 2 ba 1,416 sqft Built 1962 Lot 22,216 sqft single_family
Most recent sale
$292,500
Feb 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2025 Price changed for rent $2,800 BrightMLS
Nov 20, 2025 Listed for rent $3,000 RentSpree
Nov 19, 2025 Listed for rent $3,000 BrightMLS
Jul 29, 2024 Sold $400,000 BrightMLS
Jul 11, 2023 Listed for rent $2,550 Avail
Feb 21, 2022 Sold $292,500 MLS #MDSM2003750
Jan 17, 2022 Price changed $324,900 MLS #MDSM2003750
Dec 29, 2021 Listed $335,000 MLS #MDSM2003750
Sep 4, 1979 Sold $68,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,700 $112,700 $281,400 $3,114
2024 $168,700 $112,700 $281,400 $2,863
2022 $114,200 $112,700 $226,900 $2,405
2021 $223,000 $2,023
2020 $219,100 $2,014
2019 $112,500 $102,700 $215,200 $2,006
2018 $112,500 $102,700 $215,200 $1,333
2017 $112,500 $102,700 $215,200 $1,985
2016 $115,000 $107,700 $222,700 $1,997
2015 $115,000 $107,700 $222,700 $1,968
2014 $115,000 $107,700 $222,700 $1,969
2013 $122,100 $107,700 $229,800 $1,964
2012 $229,800 $1,960
2011 $229,800 $1,965
2010 $273,180 $1,863

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,416 sqft
Lot size
22,216 sqft
ZIP code
20650
City
Leonardtown
Street
Spring House Ln
Coordinates
38.26487, -76.66367

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,124
Gross rental yield
8.71%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 40905 Spring House Ln last sell?
40905 Spring House Ln most recently sold on Feb 21, 2022 for $292,500.
What is the current tax assessment for 40905 Spring House Ln?
The most recent total assessment for 40905 Spring House Ln (year 2025) is $281,400 with $3,114 in property tax.
How does 40905 Spring House Ln's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $292,500.
When was 40905 Spring House Ln built?
40905 Spring House Ln was built in 1962.
How does 40905 Spring House Ln compare to others on Spring House Ln?
We track 6 other properties on Spring House Ln. Browse the list under "Other properties on Spring House Ln" to compare beds, baths, and sale history.
What are the property facts for 40905 Spring House Ln?
40905 Spring House Ln is a 3 bed, 2 bath, 1,416 sqft, 22,216 sqft lot single_family.
Is 40905 Spring House Ln a flip candidate?
No — 40905 Spring House Ln does not appear in our flips dataset.
Is 40905 Spring House Ln a tax-appeal candidate?
No — 40905 Spring House Ln 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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