505 Lakeland Rd
Severna Park, MD 21146
5 bd 5 ba 4,046 sqft Built 1989 Lot 20,965 sqft single_family
Most recent sale
$1,228,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 30, 2022 | Sold | $1,228,000 | MLS #MDAA2038636 |
| Jul 15, 2022 | Listed | $1,228,000 | MLS #MDAA2038636 |
| Aug 4, 2006 | Sold | $975,000 | Public Record |
| Apr 16, 1999 | Sold | $445,000 | Public Record |
| Feb 14, 1994 | Sold | $365,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $489,100 | $393,200 | $882,300 | $9,650 |
| 2020 | $489,100 | $393,200 | $882,300 | $9,616 |
| 2019 | $489,100 | $393,200 | $882,300 | $9,482 |
| 2018 | $582,400 | $316,200 | $898,600 | $9,056 |
| 2017 | — | — | $833,333 | $8,875 |
| 2016 | — | — | $768,067 | $8,271 |
| 2015 | $506,600 | $196,200 | $702,800 | $7,657 |
| 2014 | — | — | $676,867 | $7,262 |
| 2013 | — | — | $650,933 | $6,879 |
| 2012 | — | — | $625,000 | $6,703 |
| 2011 | — | — | $625,000 | $6,475 |
| 2010 | — | — | $625,000 | $8,618 |
| 2009 | — | — | $844,430 | $7,736 |
Property facts
Year built
1989
Property type
single_family
Stories
3
Beds
5
Baths
5
Living area
4,046 sqft
Lot size
20,965 sqft
ZIP code
21146
City
Severna Park
Street
Lakeland Rd
Coordinates
39.08316, -76.59233
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,069
Gross rental yield
5.93%
Implied cap rate
3.85%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Lakeland Rd last sell?
505 Lakeland Rd most recently sold on Aug 30, 2022 for $1,228,000.
What is the current tax assessment for 505 Lakeland Rd?
The most recent total assessment for 505 Lakeland Rd (year 2021) is $882,300 with $9,650 in property tax.
How does 505 Lakeland Rd's assessment compare to its last sale price?
The current assessment is 28.2% below the last sale price of $1,228,000.
When was 505 Lakeland Rd built?
505 Lakeland Rd was built in 1989.
How does 505 Lakeland Rd compare to others on Lakeland Rd?
We track 8 other properties on Lakeland Rd. Browse the list under "Other properties on Lakeland Rd" to compare beds, baths, and sale history.
What are the property facts for 505 Lakeland Rd?
505 Lakeland Rd is a 5 bed, 5 bath, 4,046 sqft, 20,965 sqft lot single_family.
Is 505 Lakeland Rd a flip candidate?
No — 505 Lakeland Rd does not appear in our flips dataset.
Is 505 Lakeland Rd a tax-appeal candidate?
No — 505 Lakeland Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.3%
Implied 1-yr
+37.2%
2026 Q3
$1.31M
2026 Q4
$1.39M
ZIP 21146 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakeland Rd