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1228 Old Madison Rd

Madison, MD 21648

3 bd 3 ba 1,456 sqft Built 2012 Lot 29,185 sqft single_family
Most recent sale
$400,000
Jan 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 24, 2022 Sold $400,000 Public Record
Jan 7, 2022 Sold $400,000 MLS #MDDO2001262
Dec 10, 2021 Listed $399,900 MLS #MDDO2001262
Jul 1, 2020 Sold $325,000 MLS #MDDO125408
May 18, 2020 Listed $334,900 MLS #MDDO125408
Aug 20, 2019 Price changed $349,900 MLS #MDDO123516
May 2, 2019 Listed $359,900 MLS #MDDO123516
Aug 7, 2018 Price changed $387,500 MLS #1001511746
Jun 6, 2018 Relisted $399,999 MLS #1001511746
May 29, 2018 Relisted $399,999 MLS #1001511746
May 27, 2018 Relisted $399,999 MLS #1001511746
May 18, 2018 Listed $399,999 MLS #1001511746

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $316,767 $3,582
2020 $215,400 $100,100 $315,500 $3,568
2019 $302,067 $3,418
2018 $288,633 $3,269
2017 $172,400 $102,800 $275,200 $3,048
2016 $172,400 $102,800 $275,200 $3,054
2015 $172,400 $102,800 $275,200 $3,054
2014 $280,500 $3,111
2013 $280,500 $3,111
2012 $427,800 $4,578
2011 $2,000 $20
2010 $2,000 $20
2009 $2,000 $20
2008 $2,000 $20

Property facts

Year built
2012
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,456 sqft
Lot size
29,185 sqft
ZIP code
21648
City
Madison
Street
Old Madison Rd
Coordinates
38.51057, -76.22075

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
$2,184
Gross rental yield
6.55%
Implied cap rate
4.26%
Trend-extrapolated value

Frequently asked questions

When did 1228 Old Madison Rd last sell?
1228 Old Madison Rd most recently sold on Jan 24, 2022 for $400,000.
What is the current tax assessment for 1228 Old Madison Rd?
The most recent total assessment for 1228 Old Madison Rd (year 2021) is $316,767 with $3,582 in property tax.
How does 1228 Old Madison Rd's assessment compare to its last sale price?
The current assessment is 20.8% below the last sale price of $400,000.
When was 1228 Old Madison Rd built?
1228 Old Madison Rd was built in 2012.
How does 1228 Old Madison Rd compare to others on Old Madison Rd?
We track 8 other properties on Old Madison Rd. Browse the list under "Other properties on Old Madison Rd" to compare beds, baths, and sale history.
What are the property facts for 1228 Old Madison Rd?
1228 Old Madison Rd is a 3 bed, 3 bath, 1,456 sqft, 29,185 sqft lot single_family.
Is 1228 Old Madison Rd a flip candidate?
Yes — 1228 Old Madison Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1228 Old Madison Rd a tax-appeal candidate?
No — 1228 Old Madison Rd 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
-1.9%
Implied 1-yr
-7.5%
2026 Q1
$1.17M
2026 Q2
$1.14M
ZIP 21648 — Median Price History + Forecast

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