503 Park Ave
Mount Airy, MD 21771
4 bd 2 ba 1,386 sqft Built 1947 Lot 12,371 sqft single_family
Most recent sale
$402,500
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $402,500 | MLS #MDCR2006920 |
| Apr 15, 2022 | Listed | $365,000 | MLS #MDCR2006920 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $293,333 | $3,848 |
| 2024 | — | — | $293,333 | $3,280 |
| 2023 | — | — | $242,067 | $3,104 |
| 2022 | — | — | $234,133 | $2,811 |
| 2021 | $137,700 | $88,500 | $226,200 | $2,717 |
| 2020 | — | — | $225,567 | $2,709 |
| 2019 | — | — | $224,933 | $2,915 |
| 2018 | $135,800 | $88,500 | $224,300 | $2,695 |
| 2017 | — | — | $223,867 | $2,690 |
| 2016 | $134,500 | $88,500 | $223,000 | $2,684 |
| 2015 | $134,500 | $88,500 | $223,000 | $2,685 |
| 2014 | $134,500 | $88,500 | $223,000 | $2,875 |
| 2013 | — | — | $223,000 | $2,711 |
| 2012 | — | — | $235,900 | $2,856 |
| 2011 | — | — | $235,900 | $2,852 |
| 2010 | — | — | $235,900 | $2,817 |
| 2009 | — | — | $282,790 | $2,650 |
| 2008 | — | — | $245,856 | $2,482 |
Property facts
Year built
1947
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
1,386 sqft
Lot size
12,371 sqft
ZIP code
21771
City
Mount Airy
Street
Park Ave
Coordinates
39.37041, -77.15257
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,079
Gross rental yield
6.20%
Implied cap rate
4.03%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Park Ave last sell?
503 Park Ave most recently sold on May 27, 2022 for $402,500.
What is the current tax assessment for 503 Park Ave?
The most recent total assessment for 503 Park Ave (year 2025) is $293,333 with $3,848 in property tax.
How does 503 Park Ave's assessment compare to its last sale price?
The current assessment is 27.1% below the last sale price of $402,500.
When was 503 Park Ave built?
503 Park Ave was built in 1947.
How does 503 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Park Ave?
503 Park Ave is a 4 bed, 2 bath, 1,386 sqft, 12,371 sqft lot single_family.
Is 503 Park Ave a flip candidate?
No — 503 Park Ave does not appear in our flips dataset.
Is 503 Park Ave a tax-appeal candidate?
No — 503 Park Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.2%
2026 Q2
$642.4K
2026 Q3
$644.2K
ZIP 21771 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Ave