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23116 Town Run Dr

Leonardtown, MD 20650

6 bd 4 ba 4,352 sqft Built 2022 Lot 9,106 sqft single_family
Most recent sale
$612,228
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $612,228 MLS #MDSM2001866
Sep 9, 2021 Listed $606,484 MLS #MDSM2001866

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $494,000 $101,800 $595,800 $7,195
2024 $494,000 $101,800 $595,800 $7,067
2023 $494,000 $101,800 $595,800 $6,875
2022 $509,700 $101,800 $611,500 $7,090

Property facts

Year built
2022
Property type
single_family
Stories
3
Beds
6
Baths
4
Living area
4,352 sqft
Lot size
9,106 sqft
ZIP code
20650
City
Leonardtown
Street
Town Run Dr
Coordinates
38.31115, -76.62434

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,528
Gross rental yield
12.80%
Implied cap rate
8.32%
Trend-extrapolated value

Frequently asked questions

When did 23116 Town Run Dr last sell?
23116 Town Run Dr most recently sold on Apr 18, 2022 for $612,228.
What is the current tax assessment for 23116 Town Run Dr?
The most recent total assessment for 23116 Town Run Dr (year 2025) is $595,800 with $7,195 in property tax.
How does 23116 Town Run Dr's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $612,228.
When was 23116 Town Run Dr built?
23116 Town Run Dr was built in 2022.
How does 23116 Town Run Dr compare to others on Town Run Dr?
We track 8 other properties on Town Run Dr. Browse the list under "Other properties on Town Run Dr" to compare beds, baths, and sale history.
What are the property facts for 23116 Town Run Dr?
23116 Town Run Dr is a 6 bed, 4 bath, 4,352 sqft, 9,106 sqft lot single_family.
Is 23116 Town Run Dr a flip candidate?
No — 23116 Town Run Dr does not appear in our flips dataset.
Is 23116 Town Run Dr a tax-appeal candidate?
No — 23116 Town Run Dr 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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