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3400 Megans Way

Olney, MD 20832

4 bd 4 ba 4,171 sqft Built 1991 Lot 11,300 sqft single_family
Most recent sale
$810,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $810,000 MLS #MDMC2048220
Apr 27, 2022 Listed $790,000 MLS #MDMC2048220
Feb 23, 1996 Sold $262,000 Public Record
Oct 21, 1991 Sold $318,115 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $309,900 $263,600 $573,500 $6,335
2021 $573,367 $5,988
2020 $309,700 $263,600 $573,300 $5,963
2019 $551,833 $5,710
2018 $530,367 $5,476
2017 $245,300 $263,600 $508,900 $5,341
2016 $503,200 $5,129
2015 $249,700 $242,100 $491,800 $5,118
2014 $491,800 $5,182
2013 $491,800 $5,098
2012 $491,800 $5,097
2011 $556,580 $5,553
2010 $556,580 $5,282
2009 $556,580 $4,824
2008 $670,090 $3,780

Property facts

Year built
1991
Property type
single_family
Stories
3
Beds
4
Baths
4
Living area
4,171 sqft
Lot size
11,300 sqft
ZIP code
20832
City
Olney
Street
Megans Way
Coordinates
39.14239, -77.06547

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
$6,257
Gross rental yield
9.27%
Implied cap rate
6.03%
Trend-extrapolated value

Frequently asked questions

When did 3400 Megans Way last sell?
3400 Megans Way most recently sold on May 17, 2022 for $810,000.
What is the current tax assessment for 3400 Megans Way?
The most recent total assessment for 3400 Megans Way (year 2023) is $573,500 with $6,335 in property tax.
How does 3400 Megans Way's assessment compare to its last sale price?
The current assessment is 29.2% below the last sale price of $810,000.
When was 3400 Megans Way built?
3400 Megans Way was built in 1991.
How does 3400 Megans Way compare to others on Megans Way?
We track 8 other properties on Megans Way. Browse the list under "Other properties on Megans Way" to compare beds, baths, and sale history.
What are the property facts for 3400 Megans Way?
3400 Megans Way is a 4 bed, 4 bath, 4,171 sqft, 11,300 sqft lot single_family.
Is 3400 Megans Way a flip candidate?
No — 3400 Megans Way does not appear in our flips dataset.
Is 3400 Megans Way a tax-appeal candidate?
No — 3400 Megans 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
+6.2%
Implied 1-yr
+24.8%
2026 Q3
$813.1K
2026 Q4
$849K
ZIP 20832 — Median Price History + Forecast

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