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515 Main St

Mardela Springs, MD 21837

2 bd 2 ba 1,610 sqft Built 1939 Lot 7,688 sqft single_family
Most recent sale
$155,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $155,000 MLS #MDWC2006170
Jul 28, 2022 Listed $155,000 MLS #MDWC2006170

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $60,900 $18,300 $79,200 $843
2021 $77,667 $854
2020 $58,600 $18,300 $76,900 $853
2019 $58,600 $18,300 $76,900 $865
2018 $58,600 $18,300 $76,900 $869
2017 $58,900 $25,300 $84,200 $946
2016 $83,800 $951
2015 $83,400 $947
2014 $83,000 $907
2013 $83,000 $850
2012 $83,000 $982
2011 $108,030 $874
2010 $96,910 $777

Property facts

Year built
1939
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,610 sqft
Lot size
7,688 sqft
ZIP code
21837
City
Mardela Springs
Street
Main St
Coordinates
38.46010, -75.76071

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
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 Main St last sell?
515 Main St most recently sold on Sep 14, 2022 for $155,000.
What is the current tax assessment for 515 Main St?
The most recent total assessment for 515 Main St (year 2023) is $79,200 with $843 in property tax.
How does 515 Main St's assessment compare to its last sale price?
The current assessment is 48.9% below the last sale price of $155,000.
When was 515 Main St built?
515 Main St was built in 1939.
How does 515 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 515 Main St?
515 Main St is a 2 bed, 2 bath, 1,610 sqft, 7,688 sqft lot single_family.
Is 515 Main St a flip candidate?
No — 515 Main St does not appear in our flips dataset.
Is 515 Main St a tax-appeal candidate?
No — 515 Main St 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
+4.4%
Implied 1-yr
+17.7%
2026 Q2
$320.4K
2026 Q3
$331.4K
ZIP 21837 — Median Price History + Forecast

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