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45908 Charles Way

Lexington Park, MD 20653

3 bd 1 ba 1,185 sqft Built 1972 Lot 56,628 sqft single_family
Most recent sale
$275,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $275,000 MLS #MDSM2006296
Apr 2, 2022 Listed $280,000 MLS #MDSM2006296
Apr 30, 2019 Sold $186,500 MLS #MDSM158268
Mar 25, 2019 Listed $189,900 MLS #MDSM158268
Apr 17, 2008 Sold $204,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $232,667 $2,196
2024 $232,667 $2,120
2023 $78,100 $100,500 $178,600 $2,047
2022 $174,133 $1,998
2021 $169,667 $1,950
2020 $69,200 $96,000 $165,200 $1,900
2019 $164,167 $1,887
2018 $163,133 $1,874
2017 $70,600 $91,500 $162,100 $1,835
2016 $70,600 $91,500 $162,100 $1,842
2015 $70,600 $91,500 $162,100 $1,817
2014 $72,100 $91,500 $163,600 $1,721
2013 $163,600 $920
2012 $163,600 $1,841
2011 $177,290 $1,955
2010 $174,962 $1,930
2009 $172,636 $1,906
2008 $170,310 $1,650

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,185 sqft
Lot size
56,628 sqft
ZIP code
20653
City
Lexington Park
Street
Charles Way
Coordinates
38.22878, -76.48863

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,778
Gross rental yield
7.76%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 45908 Charles Way last sell?
45908 Charles Way most recently sold on May 9, 2022 for $275,000.
What is the current tax assessment for 45908 Charles Way?
The most recent total assessment for 45908 Charles Way (year 2025) is $232,667 with $2,196 in property tax.
How does 45908 Charles Way's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $275,000.
When was 45908 Charles Way built?
45908 Charles Way was built in 1972.
How does 45908 Charles Way compare to others on Charles Way?
We do not currently track other properties on Charles Way.
What are the property facts for 45908 Charles Way?
45908 Charles Way is a 3 bed, 1 bath, 1,185 sqft, 56,628 sqft lot single_family.
Is 45908 Charles Way a flip candidate?
No — 45908 Charles Way does not appear in our flips dataset.
Is 45908 Charles Way a tax-appeal candidate?
No — 45908 Charles Way 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
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$426.7K
2026 Q4
$435.2K
ZIP 20653 — Median Price History + Forecast

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