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5742 Cherrywood Ct

New Market, MD 21774

3 bd 3 ba 1,827 sqft Built 2003 Lot 7,246 sqft single_family
Most recent sale
$500,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $500,000 MLS #MDFR2016604
Apr 14, 2022 Listed $487,000 MLS #MDFR2016604
Aug 17, 2020 Sold $429,900 MLS #MDFR266920
Jul 10, 2020 Listed $429,900 MLS #MDFR266920
Jul 16, 2015 Sold $390,000 MLS #1001187707
Jul 13, 2015 Listing removed $389,900 MRIS
May 29, 2015 Listed $389,900 MLS #1001187707
Feb 3, 2003 Sold $267,293 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $266,400 $98,000 $364,400 $4,359
2020 $361,967 $4,292
2019 $359,533 $4,264
2018 $273,100 $84,000 $357,100 $4,273
2017 $341,800 $4,058
2016 $326,500 $3,880
2015 $227,200 $84,000 $311,200 $3,735
2014 $332,100 $3,748
2013 $311,200 $3,971
2012 $332,100 $3,824
2011 $332,100 $3,684
2010 $332,100 $3,701

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,827 sqft
Lot size
7,246 sqft
ZIP code
21774
City
New Market
Street
Cherrywood Ct
Coordinates
39.39132, -77.25244

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
$2,741
Gross rental yield
6.58%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 5742 Cherrywood Ct last sell?
5742 Cherrywood Ct most recently sold on May 18, 2022 for $500,000.
What is the current tax assessment for 5742 Cherrywood Ct?
The most recent total assessment for 5742 Cherrywood Ct (year 2021) is $364,400 with $4,359 in property tax.
How does 5742 Cherrywood Ct's assessment compare to its last sale price?
The current assessment is 27.1% below the last sale price of $500,000.
When was 5742 Cherrywood Ct built?
5742 Cherrywood Ct was built in 2003.
How does 5742 Cherrywood Ct compare to others on Cherrywood Ct?
We track 5 other properties on Cherrywood Ct. Browse the list under "Other properties on Cherrywood Ct" to compare beds, baths, and sale history.
What are the property facts for 5742 Cherrywood Ct?
5742 Cherrywood Ct is a 3 bed, 3 bath, 1,827 sqft, 7,246 sqft lot single_family.
Is 5742 Cherrywood Ct a flip candidate?
No — 5742 Cherrywood Ct does not appear in our flips dataset.
Is 5742 Cherrywood Ct a tax-appeal candidate?
No — 5742 Cherrywood Ct 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
+0.2%
Implied 1-yr
+1.0%
2026 Q3
$581.8K
2026 Q4
$583.1K
ZIP 21774 — Median Price History + Forecast

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