1508 Lake Norwood Way
Sandy Spring, MD 20860
6 bd 5 ba 6,878 sqft Built 2005 Lot 20,404 sqft single_family
Most recent sale
$1,380,000
Mar 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 15, 2022 | Sold | $1,380,000 | MLS #MDMC2036116 |
| Feb 4, 2022 | Listed | $1,299,900 | MLS #MDMC2036116 |
| Aug 11, 2015 | Sold | $1,085,000 | MLS #1002332237 |
| Jul 29, 2015 | Listing removed | $1,149,000 | MRIS |
| May 8, 2015 | Listed | $1,149,000 | MLS #1002332237 |
| Aug 27, 2014 | Listing removed | $1,049,000 | MRIS |
| May 1, 2014 | Listed | $1,049,000 | MLS #MC8334815 |
| Dec 19, 2011 | Sold | $940,000 | Public Record |
| Oct 31, 2011 | Listing removed | $995,000 | MRIS |
| Aug 4, 2011 | Price changed | $995,000 | MLS #MC7645141 |
| Jul 8, 2011 | Listed | $1,007,000 | MLS #MC7645141 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $738,400 | $289,600 | $1,028,000 | $11,179 |
| 2021 | $738,400 | $289,600 | $1,028,000 | $11,113 |
| 2020 | $927,600 | $289,600 | $1,217,200 | $13,174 |
| 2019 | $927,600 | $289,600 | $1,217,200 | $13,152 |
| 2018 | $927,600 | $289,600 | $1,217,200 | $13,168 |
| 2017 | $1,004,300 | $289,600 | $1,293,900 | $14,277 |
| 2016 | — | — | $1,253,067 | $14,116 |
| 2015 | — | — | $1,253,067 | $12,818 |
| 2014 | $905,100 | $266,300 | $1,171,400 | $12,698 |
| 2013 | — | — | $1,151,247 | $12,226 |
| 2012 | — | — | $1,131,093 | $12,182 |
| 2011 | — | — | $1,110,940 | $11,668 |
| 2010 | — | — | $1,110,940 | $11,676 |
Property facts
Year built
2005
Property type
single_family
Stories
3
Beds
6
Baths
5
Living area
6,878 sqft
Lot size
20,404 sqft
ZIP code
20860
City
Sandy Spring
Street
Lake Norwood Way
Coordinates
39.14357, -77.03579
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$10,317
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value
—
Frequently asked questions
When did 1508 Lake Norwood Way last sell?
1508 Lake Norwood Way most recently sold on Mar 15, 2022 for $1,380,000.
What is the current tax assessment for 1508 Lake Norwood Way?
The most recent total assessment for 1508 Lake Norwood Way (year 2022) is $1,028,000 with $11,179 in property tax.
How does 1508 Lake Norwood Way's assessment compare to its last sale price?
The current assessment is 25.5% below the last sale price of $1,380,000.
When was 1508 Lake Norwood Way built?
1508 Lake Norwood Way was built in 2005.
How does 1508 Lake Norwood Way compare to others on Lake Norwood Way?
We track 8 other properties on Lake Norwood Way. Browse the list under "Other properties on Lake Norwood Way" to compare beds, baths, and sale history.
What are the property facts for 1508 Lake Norwood Way?
1508 Lake Norwood Way is a 6 bed, 5 bath, 6,878 sqft, 20,404 sqft lot single_family.
Is 1508 Lake Norwood Way a flip candidate?
No — 1508 Lake Norwood Way does not appear in our flips dataset.
Is 1508 Lake Norwood Way a tax-appeal candidate?
No — 1508 Lake Norwood 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
+7.8%
Implied 1-yr
+31.2%
2026 Q2
$2.01M
2026 Q3
$2.01M
ZIP 20860 — Median Price History + Forecast
Explore nearby
Geography
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