47941 Memory Ln
Lexington Park, MD 20653
4 bd 2 ba 1,296 sqft Built 1984 Lot 68,825 sqft single_family
Most recent sale
$290,000
Mar 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 8, 2022 | Sold | $290,000 | MLS #MDSM2004538 |
| Jan 25, 2022 | Listed | $275,000 | MLS #MDSM2004538 |
| Mar 23, 2020 | Listing removed | $1,600 | BrightMLS |
| Aug 30, 2019 | Listing removed | $1,550 | BrightMLS |
| Jan 31, 2019 | Listing removed | $1,550 | BrightMLS |
| Jan 7, 2019 | Listed for rent | $1,550 | BrightMLS |
| Aug 31, 2009 | Sold | $302,000 | Public Record |
| Sep 28, 1988 | Sold | $91,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $135,500 | $117,900 | $253,400 | $2,772 |
| 2021 | — | — | $241,133 | $2,642 |
| 2020 | $127,100 | $107,900 | $235,000 | $2,577 |
| 2019 | — | — | $233,600 | $2,561 |
| 2018 | — | — | $232,200 | $2,545 |
| 2017 | $122,900 | $107,900 | $230,800 | $2,511 |
| 2016 | — | — | $227,833 | $2,491 |
| 2015 | — | — | $224,867 | $2,430 |
| 2014 | $119,000 | $102,900 | $221,900 | $2,410 |
| 2013 | — | — | $221,900 | $2,403 |
| 2012 | — | — | $221,900 | $2,775 |
| 2011 | — | — | $260,930 | $2,615 |
| 2010 | — | — | $245,416 | $1,807 |
Property facts
Year built
1984
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,296 sqft
Lot size
68,825 sqft
ZIP code
20653
City
Lexington Park
Street
Memory Ln
Coordinates
38.17371, -76.41733
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,944
Gross rental yield
8.04%
Implied cap rate
5.23%
Trend-extrapolated value
—
Frequently asked questions
When did 47941 Memory Ln last sell?
47941 Memory Ln most recently sold on Mar 8, 2022 for $290,000.
What is the current tax assessment for 47941 Memory Ln?
The most recent total assessment for 47941 Memory Ln (year 2023) is $253,400 with $2,772 in property tax.
How does 47941 Memory Ln's assessment compare to its last sale price?
The current assessment is 12.6% below the last sale price of $290,000.
When was 47941 Memory Ln built?
47941 Memory Ln was built in 1984.
How does 47941 Memory Ln compare to others on Memory Ln?
We do not currently track other properties on Memory Ln.
What are the property facts for 47941 Memory Ln?
47941 Memory Ln is a 4 bed, 2 bath, 1,296 sqft, 68,825 sqft lot single_family.
Is 47941 Memory Ln a flip candidate?
No — 47941 Memory Ln does not appear in our flips dataset.
Is 47941 Memory Ln a tax-appeal candidate?
No — 47941 Memory Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$426.7K
2026 Q4
$435.2K
ZIP 20653 — Median Price History + Forecast
Explore nearby
Geography