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1940 Richard Ln

Lusby, MD 20657

5 bd 4 ba 3,104 sqft Built 2006 Lot 41,951 sqft single_family
Most recent sale
$515,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $515,000 MLS #MDCA2005642
Apr 23, 2022 Listed $499,900 MLS #MDCA2005642
Aug 11, 2021 Price changed $520,000 MLS #MDCA2000836
Jul 23, 2021 Listed $530,000 MLS #MDCA2000836
Jun 28, 2019 Sold $410,000 MLS #MDCA169004
May 2, 2019 Listed $399,900 MLS #MDCA169004
May 4, 2012 Sold $317,000 Public Record
Apr 26, 2012 Listing removed $329,900 MRIS
Mar 10, 2012 Listed $329,900 MLS #CA7791599
Jul 20, 2011 Sold $322,185 Public Record
Jul 6, 2011 Listing removed $299,999 MRIS
Apr 4, 2011 Relisted $299,999 MLS #CA7358805
Apr 1, 2011 Listing removed $299,999 MRIS
Jan 21, 2011 Relisted $299,999 MLS #CA7358805
Jan 1, 2011 Listing removed $299,999 MRIS
Nov 4, 2010 Relisted $299,999 MLS #CA7358805
Oct 17, 2010 Listing removed $299,999 MRIS
Oct 11, 2010 Relisted $299,999 MLS #CA7358805
Oct 2, 2010 Listing removed $299,999 MRIS
Jul 31, 2010 Listing removed $299,999 MRIS
Jun 15, 2010 Price changed $299,999 MLS #CA7232424
Jun 8, 2010 Listed $299,999 MLS #CA7358805
May 5, 2010 Relisted $349,900 MLS #CA7232424
May 2, 2010 Listing removed $375,000 MRIS
Apr 20, 2010 Price changed $375,000 MLS #CA7232424
Jan 7, 2010 Listed $429,900 MLS #CA7232424
Oct 31, 2007 Sold $413,000 Public Record
Jun 11, 2004 Sold $290,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $491,600 $3,026
2024 $491,600 $2,657
2023 $303,200 $121,000 $424,200 $4,621
2022 $414,100 $4,513
2021 $404,000 $4,406
2020 $272,900 $121,000 $393,900 $4,317
2019 $390,500 $4,298
2018 $387,100 $4,249
2017 $262,700 $121,000 $383,700 $4,268
2016 $354,433 $3,739
2015 $354,433 $3,740
2014 $221,800 $118,000 $339,800 $3,590
2013 $339,800 $3,588
2012 $339,800 $3,586
2011 $436,800 $4,528
2010 $436,800 $4,528
2009 $436,800 $4,528
2008 $437,840 $4,395

Property facts

Year built
2006
Property type
single_family
Stories
3
Beds
5
Baths
4
Living area
3,104 sqft
Lot size
41,951 sqft
ZIP code
20657
City
Lusby
Street
Richard Ln
Coordinates
38.37492, -76.41212

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,656
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 1940 Richard Ln last sell?
1940 Richard Ln most recently sold on May 31, 2022 for $515,000.
What is the current tax assessment for 1940 Richard Ln?
The most recent total assessment for 1940 Richard Ln (year 2025) is $491,600 with $3,026 in property tax.
How does 1940 Richard Ln's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $515,000.
When was 1940 Richard Ln built?
1940 Richard Ln was built in 2006.
How does 1940 Richard Ln compare to others on Richard Ln?
We track 2 other properties on Richard Ln. Browse the list under "Other properties on Richard Ln" to compare beds, baths, and sale history.
What are the property facts for 1940 Richard Ln?
1940 Richard Ln is a 5 bed, 4 bath, 3,104 sqft, 41,951 sqft lot single_family.
Is 1940 Richard Ln a flip candidate?
No — 1940 Richard Ln does not appear in our flips dataset.
Is 1940 Richard Ln a tax-appeal candidate?
No — 1940 Richard Ln 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

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