12203 Academy Way
Rockville, MD 20852
2 bd 1 ba 1,007 sqft Built 1970 condos
Most recent sale
$245,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $245,000 | MLS #MDMC2024622 |
| Mar 29, 2022 | Listed | $249,900 | MLS #MDMC2024622 |
| Mar 15, 2019 | Sold | $209,800 | MLS #MDMC619042 |
| Feb 13, 2019 | Listed | $209,800 | MLS #MDMC619042 |
| Oct 21, 2003 | Sold | $149,500 | Public Record |
| Oct 13, 1983 | Sold | $56,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $208,333 | $1,792 |
| 2024 | — | — | $208,333 | $1,701 |
| 2023 | $136,500 | $58,500 | $195,000 | $1,622 |
| 2022 | — | — | $186,667 | $1,432 |
| 2021 | — | — | $178,333 | $1,336 |
| 2020 | $119,000 | $51,000 | $170,000 | $1,242 |
| 2019 | — | — | $166,667 | $1,203 |
| 2018 | — | — | $163,333 | $1,857 |
| 2017 | $112,000 | $48,000 | $160,000 | $1,856 |
| 2016 | — | — | $153,333 | $1,680 |
| 2014 | — | — | $140,000 | $1,635 |
| 2013 | — | — | $140,000 | $1,612 |
| 2012 | — | — | $140,000 | $1,611 |
| 2011 | — | — | $190,000 | $2,078 |
| 2010 | — | — | $190,000 | $1,987 |
| 2009 | — | — | $190,000 | $923 |
| 2008 | — | — | $240,000 | $1,134 |
Property facts
Year built
1970
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
1,007 sqft
Lot size
—
ZIP code
20852
City
Rockville
Street
Academy Way
Coordinates
39.05836, -77.10494
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
$1,511
Gross rental yield
7.40%
Implied cap rate
4.81%
Trend-extrapolated value
—
Frequently asked questions
When did 12203 Academy Way last sell?
12203 Academy Way most recently sold on Apr 29, 2022 for $245,000.
What is the current tax assessment for 12203 Academy Way?
The most recent total assessment for 12203 Academy Way (year 2025) is $208,333 with $1,792 in property tax.
How does 12203 Academy Way's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $245,000.
When was 12203 Academy Way built?
12203 Academy Way was built in 1970.
How does 12203 Academy Way compare to others on Academy Way?
We track 8 other properties on Academy Way. Browse the list under "Other properties on Academy Way" to compare beds, baths, and sale history.
What are the property facts for 12203 Academy Way?
12203 Academy Way is a 2 bed, 1 bath, 1,007 sqft condos.
Is 12203 Academy Way a flip candidate?
No — 12203 Academy Way does not appear in our flips dataset.
Is 12203 Academy Way a tax-appeal candidate?
No — 12203 Academy Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.5%
Implied 1-yr
+18.0%
2026 Q3
$917.5K
2026 Q4
$949.4K
ZIP 20852 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Academy Way