48551 Virginia Way
Lexington Park, MD 20653
5 bd 3 ba 2,528 sqft Built 2022 Lot 54,826 sqft single_family
Most recent sale
$471,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $471,000 | Public Record |
| Jul 7, 2022 | Listed | $449,000 | MLS #MDSM2007666 |
| Mar 3, 2022 | Sold | $83,000 | Public Record |
| Oct 29, 2021 | Sold | $75,000 | MLS #MDSM2000390 |
| Oct 20, 2021 | Price changed | $75,000 | MLS #MDSM2000390 |
| Sep 17, 2021 | Price changed | $99,900 | MLS #MDSM2000390 |
| Aug 11, 2021 | Price changed | $110,000 | MLS #MDSM2000390 |
| Jun 30, 2021 | Listed | $120,000 | MLS #MDSM2000390 |
| Dec 16, 2020 | Listed | $415,000 | MLS #MDSM173554 |
| May 20, 2019 | Sold | $344,500 | MLS #MDSM143504 |
| Feb 20, 2019 | Listed | $349,900 | MLS #MDSM143504 |
| Sep 17, 2018 | Listed | $349,900 | MLS #1004920734 |
| Mar 1, 2005 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $323,900 | $116,300 | $440,200 | $4,698 |
| 2020 | $202,400 | $106,300 | $308,700 | $3,336 |
| 2019 | $202,400 | $106,300 | $308,700 | $3,334 |
| 2018 | $202,400 | $106,300 | $308,700 | $3,333 |
| 2017 | $205,800 | $106,300 | $312,100 | $3,349 |
| 2014 | $199,400 | $101,300 | $300,700 | $3,103 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,528 sqft
Lot size
54,826 sqft
ZIP code
20653
City
Lexington Park
Street
Virginia Way
Coordinates
38.20041, -76.39591
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,792
Gross rental yield
9.66%
Implied cap rate
6.28%
Trend-extrapolated value
—
Frequently asked questions
When did 48551 Virginia Way last sell?
48551 Virginia Way most recently sold on Aug 12, 2022 for $471,000.
What is the current tax assessment for 48551 Virginia Way?
The most recent total assessment for 48551 Virginia Way (year 2023) is $440,200 with $4,698 in property tax.
How does 48551 Virginia Way's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $471,000.
When was 48551 Virginia Way built?
48551 Virginia Way was built in 2022.
How does 48551 Virginia Way compare to others on Virginia Way?
We track 1 other property on Virginia Way. Browse the list under "Other properties on Virginia Way" to compare beds, baths, and sale history.
What are the property facts for 48551 Virginia Way?
48551 Virginia Way is a 5 bed, 3 bath, 2,528 sqft, 54,826 sqft lot single_family.
Is 48551 Virginia Way a flip candidate?
Yes — 48551 Virginia Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 48551 Virginia Way a tax-appeal candidate?
No — 48551 Virginia Way 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
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Geography
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