507 Railroad Ave
Saint Michaels, MD 21663
3 bd 2 ba 1,432 sqft Built 1965 Lot 6,960 sqft single_family
Most recent sale
$445,000
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2022 | Sold | $445,000 | MLS #MDTA2002996 |
| Jun 3, 2022 | Listed | $445,000 | MLS #MDTA2002996 |
| Oct 31, 2019 | Sold | $360,000 | MLS #MDTA136158 |
| Jun 23, 2016 | Sold | $335,000 | MLS #1003750297 |
| May 31, 2016 | Listing removed | $339,500 | MRIS |
| Apr 9, 2016 | Listed | $339,500 | MLS #1003750297 |
| Dec 7, 2005 | Sold | $210,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $283,500 | $100,100 | $383,600 | $4,782 |
| 2024 | $283,500 | $100,100 | $383,600 | $4,395 |
| 2022 | $200,800 | $100,100 | $300,900 | $3,449 |
| 2021 | — | — | $294,467 | $3,332 |
| 2020 | — | — | $288,033 | $3,272 |
| 2019 | $197,900 | $83,700 | $281,600 | $2,327 |
| 2018 | — | — | $253,867 | $2,259 |
| 2017 | — | — | $226,133 | $2,165 |
| 2016 | $126,700 | $71,700 | $198,400 | $1,969 |
| 2015 | $126,700 | $71,700 | $198,400 | $1,926 |
| 2014 | $123,700 | $95,600 | $219,300 | $1,952 |
| 2013 | $123,700 | $95,600 | $219,300 | $2,048 |
| 2012 | — | — | $211,717 | $2,076 |
| 2011 | — | — | $204,133 | $2,083 |
| 2010 | — | — | $196,550 | $1,818 |
Property facts
Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,432 sqft
Lot size
6,960 sqft
ZIP code
21663
City
Saint Michaels
Street
Railroad Ave
Coordinates
38.78676, -76.22868
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
$2,148
Gross rental yield
5.79%
Implied cap rate
3.77%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Railroad Ave last sell?
507 Railroad Ave most recently sold on Jul 26, 2022 for $445,000.
What is the current tax assessment for 507 Railroad Ave?
The most recent total assessment for 507 Railroad Ave (year 2025) is $383,600 with $4,782 in property tax.
How does 507 Railroad Ave's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $445,000.
When was 507 Railroad Ave built?
507 Railroad Ave was built in 1965.
How does 507 Railroad Ave compare to others on Railroad Ave?
We track 8 other properties on Railroad Ave. Browse the list under "Other properties on Railroad Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Railroad Ave?
507 Railroad Ave is a 3 bed, 2 bath, 1,432 sqft, 6,960 sqft lot single_family.
Is 507 Railroad Ave a flip candidate?
No — 507 Railroad Ave does not appear in our flips dataset.
Is 507 Railroad Ave a tax-appeal candidate?
No — 507 Railroad Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$1.16M
2026 Q4
$1.18M
ZIP 21663 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Railroad Ave