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701 Merry Go Round Way

Mount Airy, MD 21771

2 bd 2 ba 960 sqft Built 2001 Lot 7,966 sqft townhomes
Most recent sale
$365,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $365,000 MLS #MDCR2007120
Apr 16, 2022 Listed $359,900 MLS #MDCR2007120
Aug 5, 2013 Sold $244,000 Public Record
Feb 9, 2001 Sold $149,445 Public Record
May 15, 1996 Sold $78,500 Public Record
Jul 25, 1995 Sold $76,000 Public Record
Sep 30, 1991 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,433 $4,269
2024 $325,433 $4,037
2023 $291,867 $3,743
2022 $276,033 $3,540
2021 $160,200 $100,000 $260,200 $3,338
2020 $255,467 $3,276
2019 $250,733 $3,250
2018 $156,000 $90,000 $246,000 $3,155
2017 $231,800 $2,973
2016 $113,400 $90,000 $203,400 $2,615
2015 $113,400 $90,000 $203,400 $2,616
2014 $113,400 $90,000 $203,400 $2,622
2013 $203,400 $2,509
2012 $231,700 $2,755
2011 $231,700 $2,641
2010 $231,700 $2,598
2009 $300,670 $2,430
2008 $252,202 $2,279

Property facts

Year built
2001
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
960 sqft
Lot size
7,966 sqft
ZIP code
21771
City
Mount Airy
Street
Merry Go Round Way
Coordinates
39.36895, -77.15110

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
$1,440
Gross rental yield
4.73%
Implied cap rate
3.08%
Trend-extrapolated value

Frequently asked questions

When did 701 Merry Go Round Way last sell?
701 Merry Go Round Way most recently sold on May 10, 2022 for $365,000.
What is the current tax assessment for 701 Merry Go Round Way?
The most recent total assessment for 701 Merry Go Round Way (year 2025) is $325,433 with $4,269 in property tax.
How does 701 Merry Go Round Way's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $365,000.
When was 701 Merry Go Round Way built?
701 Merry Go Round Way was built in 2001.
How does 701 Merry Go Round Way compare to others on Merry Go Round Way?
We track 8 other properties on Merry Go Round Way. Browse the list under "Other properties on Merry Go Round Way" to compare beds, baths, and sale history.
What are the property facts for 701 Merry Go Round Way?
701 Merry Go Round Way is a 2 bed, 2 bath, 960 sqft, 7,966 sqft lot townhomes.
Is 701 Merry Go Round Way a flip candidate?
No — 701 Merry Go Round Way does not appear in our flips dataset.
Is 701 Merry Go Round Way a tax-appeal candidate?
No — 701 Merry Go Round Way 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
+0.3%
Implied 1-yr
+1.2%
2026 Q2
$642.4K
2026 Q3
$644.2K
ZIP 21771 — Median Price History + Forecast

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