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420 Lake Ter

Lusby, MD 20657

3 bd 4 ba 2,552 sqft Built 2005 Lot 10,542 sqft single_family
Most recent sale
$490,000
May 9, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2023 Listed for rent $3,900 BrightMLS
May 9, 2023 Sold $490,000 BrightMLS
Jan 19, 2023 Price changed $529,000 BrightMLS
Nov 21, 2022 Price changed $575,000 BrightMLS
Sep 25, 2022 Listed $599,900 BrightMLS
Oct 22, 2020 Listing removed $2,200 BrightMLS
Sep 29, 2020 Listed for rent $2,200 BrightMLS
Feb 5, 2020 Listing removed $2,195 BrightMLS
Oct 7, 2018 Listed for rent $2,195 BrightMLS
Aug 17, 2016 Listing removed $2,200 MRIS
Aug 6, 2016 Price changed (rent) $2,200 MRIS
Mar 13, 2016 Listed for rent $2,200 BrightMLS
Mar 12, 2015 Listing removed $2,250 MRIS
Jan 29, 2015 Price changed (rent) $2,250 MRIS
Jan 9, 2015 Listed for rent $2,100 MRIS
Jul 31, 2014 Listing removed $599,900 MRIS
May 31, 2014 Listing removed $2,195 MRIS
Jan 7, 2014 Price changed (rent) $2,195 MRIS
Nov 8, 2013 Price changed (rent) $2,250 MRIS
Oct 19, 2013 Price changed (rent) $2,400 MRIS
Sep 14, 2013 Listed for rent $2,600 MRIS
Sep 14, 2013 Listing removed $599,900 MRIS
Sep 12, 2013 Listed $599,900 MRIS
Mar 2, 2013 Listing removed $2,100 MRIS
Oct 25, 2012 Listed for rent $2,100 MRIS
Sep 1, 2012 Listed $674,000 MRIS
Dec 3, 2011 Listing removed $674,999 MRIS
Jul 30, 2011 Listed $674,999 MRIS
Jun 3, 2011 Listing removed $749,999 MRIS
Dec 24, 2010 Listed $749,999 MRIS
Oct 5, 2010 Listing removed $925,000 MRIS
Aug 30, 2010 Listed $925,000 MRIS
Jun 18, 1991 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $364,300 $4,171
2021 $351,100 $3,970
2020 $223,100 $114,800 $337,900 $3,847
2019 $337,333 $3,855
2018 $336,767 $3,836
2017 $221,400 $114,800 $336,200 $3,878
2016 $221,400 $114,800 $336,200 $3,706
2014 $228,600 $114,800 $343,400 $3,776
2013 $343,400 $3,774
2012 $343,400 $3,772
2011 $410,200 $4,311
2010 $392,036 $4,129
2009 $373,873 $3,946
2008 $355,710 $3,571

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,552 sqft
Lot size
10,542 sqft
ZIP code
20657
City
Lusby
Street
Lake Ter
Coordinates
38.32389, -76.42504

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,828
Gross rental yield
9.37%
Implied cap rate
6.09%
Trend-extrapolated value

Frequently asked questions

When did 420 Lake Ter last sell?
420 Lake Ter most recently sold on May 9, 2023 for $490,000.
What is the current tax assessment for 420 Lake Ter?
The most recent total assessment for 420 Lake Ter (year 2022) is $364,300 with $4,171 in property tax.
How does 420 Lake Ter's assessment compare to its last sale price?
The current assessment is 25.7% below the last sale price of $490,000.
When was 420 Lake Ter built?
420 Lake Ter was built in 2005.
How does 420 Lake Ter compare to others on Lake Ter?
We track 3 other properties on Lake Ter. Browse the list under "Other properties on Lake Ter" to compare beds, baths, and sale history.
What are the property facts for 420 Lake Ter?
420 Lake Ter is a 3 bed, 4 bath, 2,552 sqft, 10,542 sqft lot single_family.
Is 420 Lake Ter a flip candidate?
No — 420 Lake Ter does not appear in our flips dataset.
Is 420 Lake Ter a tax-appeal candidate?
No — 420 Lake Ter 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
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$379.1K
2026 Q4
$387.5K
ZIP 20657 — Median Price History + Forecast

Explore nearby

Other properties on Lake Ter