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240 Main St

Preston, MD 21655

4 bd 3 ba 2,088 sqft Built 1910 Lot 12,500 sqft single_family
Most recent sale
$180,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2023 Sold $350,000 BrightMLS
Feb 22, 2023 Price changed $360,000 BrightMLS
Feb 9, 2023 Price changed $369,000 BrightMLS
Feb 6, 2023 Listed $375,000 BrightMLS
Jan 23, 2023 Price changed $375,000 BrightMLS
Jan 12, 2023 Price changed $389,000 BrightMLS
Dec 21, 2022 Listed $399,000 BrightMLS
May 31, 2022 Sold $180,000 MLS #MDCM2000710
May 6, 2022 Price changed $199,900 MLS #MDCM2000710
Nov 5, 2021 Listed $219,000 MLS #MDCM2000710

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,500 $3,900
2024 $270,500 $2,894
2023 $93,700 $37,200 $130,900 $1,887
2022 $123,267 $1,777
2021 $115,633 $1,667
2020 $70,800 $37,200 $108,000 $1,557
2019 $105,333 $1,518
2018 $102,667 $1,480
2017 $62,800 $37,200 $100,000 $1,422
2016 $62,800 $37,200 $100,000 $1,422
2015 $62,800 $37,200 $100,000 $1,422
2014 $79,800 $56,300 $136,100 $1,908
2013 $136,100 $1,880
2012 $136,100 $1,812
2011 $172,570 $2,246
2010 $165,616 $2,139
2009 $158,793 $2,051
2008 $151,710 $1,853

Property facts

Year built
1910
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,088 sqft
Lot size
12,500 sqft
ZIP code
21655
City
Preston
Street
Main St
Coordinates
38.70881, -75.90618

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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 Main St last sell?
240 Main St most recently sold on May 31, 2022 for $180,000.
What is the current tax assessment for 240 Main St?
The most recent total assessment for 240 Main St (year 2025) is $270,500 with $3,900 in property tax.
How does 240 Main St's assessment compare to its last sale price?
The current assessment is 50.3% above the last sale price of $180,000.
When was 240 Main St built?
240 Main St was built in 1910.
How does 240 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 240 Main St?
240 Main St is a 4 bed, 3 bath, 2,088 sqft, 12,500 sqft lot single_family.
Is 240 Main St a flip candidate?
Yes — 240 Main St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 240 Main St a tax-appeal candidate?
No — 240 Main St 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
+4.6%
Implied 1-yr
+18.2%
2026 Q1
$759.4K
2026 Q2
$786K
ZIP 21655 — Median Price History + Forecast

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