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46120 Thoroughbred Way

Lexington Park, MD 20653

3 bd 4 ba 2,360 sqft Built 2009 condos
Most recent sale
$298,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2022 Sold $298,000 MLS #MDSM2005352
Apr 4, 2022 Price changed $285,000 MLS #MDSM2005352
Feb 28, 2022 Price changed $305,000 MLS #MDSM2005352
Feb 23, 2022 Listed $285,000 MLS #MDSM2005352
Sep 16, 2021 Price changed $220,000 MLS #MDSM173260
May 14, 2021 Price changed $230,000 MLS #MDSM173260
Apr 30, 2021 Price changed $220,000 MLS #MDSM173260
Jan 15, 2021 Price changed $205,000 MLS #MDSM173260
Jan 8, 2021 Listed $215,000 MLS #MDSM173260
Jul 9, 2020 Price changed $215,000 MLS #MDSM168012
Jul 2, 2020 Relisted $225,000 MLS #MDSM168012
May 7, 2020 Relisted $225,000 MLS #MDSM168012
Mar 19, 2020 Relisted $225,000 MLS #MDSM168012
Mar 4, 2020 Listed $225,000 MLS #MDSM168012

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $159,200 $70,000 $229,200 $2,522
2020 $150,000 $70,000 $220,000 $2,419
2019 $150,000 $70,000 $220,000 $2,417
2018 $150,000 $70,000 $220,000 $2,415
2017 $154,900 $70,000 $224,900 $2,435
2014 $152,000 $70,000 $222,000 $2,335

Property facts

Year built
2009
Property type
condos
Stories
3
Beds
3
Baths
4
Living area
2,360 sqft
Lot size
ZIP code
20653
City
Lexington Park
Street
Thoroughbred Way
Coordinates
38.28324, -76.48090

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
$3,540
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value

Frequently asked questions

When did 46120 Thoroughbred Way last sell?
46120 Thoroughbred Way most recently sold on Apr 6, 2022 for $298,000.
What is the current tax assessment for 46120 Thoroughbred Way?
The most recent total assessment for 46120 Thoroughbred Way (year 2023) is $229,200 with $2,522 in property tax.
How does 46120 Thoroughbred Way's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $298,000.
When was 46120 Thoroughbred Way built?
46120 Thoroughbred Way was built in 2009.
How does 46120 Thoroughbred Way compare to others on Thoroughbred Way?
We track 8 other properties on Thoroughbred Way. Browse the list under "Other properties on Thoroughbred Way" to compare beds, baths, and sale history.
What are the property facts for 46120 Thoroughbred Way?
46120 Thoroughbred Way is a 3 bed, 4 bath, 2,360 sqft condos.
Is 46120 Thoroughbred Way a flip candidate?
No — 46120 Thoroughbred Way does not appear in our flips dataset.
Is 46120 Thoroughbred Way a tax-appeal candidate?
No — 46120 Thoroughbred 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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