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1507 Cedar Run

Pocomoke City, MD 21851

3 bd 2 ba 1,503 sqft Built 2022 Lot 12,197 sqft single_family
Most recent sale
$257,900
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2024 Sold $275,000 BrightMLS
May 2, 2024 Listed for rent $1,800 BrightMLS
Apr 25, 2024 Price changed $285,000 BrightMLS
Apr 5, 2024 Price changed $289,999 BrightMLS
Feb 14, 2024 Listed $299,000 BrightMLS
Mar 8, 2022 Sold $257,900 MLS #MDWO2005458
Feb 3, 2022 Listed $257,900 MLS #MDWO2005458
Oct 1, 2020 Sold $32,000 Public Record
Oct 27, 2015 Sold $39,900 Public Record
Dec 4, 2014 Listing removed $12,000 Coastal
Nov 26, 2014 Listed $12,000 MLS #494349
Aug 6, 2014 Listing removed $16,000 Coastal
Jun 2, 2014 Price changed $16,000 MLS #482105
Feb 5, 2013 Listed $20,000 MLS #482105
Feb 3, 2009 Sold $725,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $209,200 $42,400 $251,600 $4,321
2022 $141,900 $42,400 $184,300 $3,475
2021 $28,400 $28,400 $593
2020 $28,400 $28,400 $593
2019 $28,400 $28,400 $593
2018 $24,733 $513
2017 $21,067 $437
2016 $17,400 $17,400 $361
2015 $17,400 $17,400 $361
2014 $28,400 $28,400 $568
2013 $31,400 $31,400 $559
2012 $31,400 $559
2011 $31,400 $501
2010 $33,090 $515
2009 $23,116 $360
2008 $13,143 $205

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,503 sqft
Lot size
12,197 sqft
ZIP code
21851
City
Pocomoke City
Street
Cedar Run
Coordinates
38.06298, -75.55253

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
$2,255
Gross rental yield
10.49%
Implied cap rate
6.82%
Trend-extrapolated value

Frequently asked questions

When did 1507 Cedar Run last sell?
1507 Cedar Run most recently sold on Mar 8, 2022 for $257,900.
What is the current tax assessment for 1507 Cedar Run?
The most recent total assessment for 1507 Cedar Run (year 2024) is $251,600 with $4,321 in property tax.
How does 1507 Cedar Run's assessment compare to its last sale price?
The current assessment is 2.4% below the last sale price of $257,900.
When was 1507 Cedar Run built?
1507 Cedar Run was built in 2022.
How does 1507 Cedar Run compare to others on Cedar Run?
We track 8 other properties on Cedar Run. Browse the list under "Other properties on Cedar Run" to compare beds, baths, and sale history.
What are the property facts for 1507 Cedar Run?
1507 Cedar Run is a 3 bed, 2 bath, 1,503 sqft, 12,197 sqft lot single_family.
Is 1507 Cedar Run a flip candidate?
Yes — 1507 Cedar Run appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1507 Cedar Run a tax-appeal candidate?
No — 1507 Cedar Run 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
+3.0%
Implied 1-yr
+12.0%
2026 Q3
$262.5K
2026 Q4
$266K
ZIP 21851 — Median Price History + Forecast

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