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13824 Reef Way

Solomons, MD 20688

3 bd 2 ba 1,600 sqft Built 2005 condos
Most recent sale
$399,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2022 Sold $399,000 MLS #MDCA2004776
Jul 4, 2022 Price changed $399,000 MLS #MDCA2004776
Jun 30, 2022 Listed $425,000 MLS #MDCA2004776
Oct 15, 2018 Sold $250,000 Public Record
Oct 17, 2006 Sold $460,000 Public Record
Mar 22, 2005 Sold $720,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $322,667 $3,501
2020 $188,000 $125,000 $313,000 $3,413
2019 $192,000 $150,000 $342,000 $3,730
2018 $192,000 $150,000 $342,000 $3,717
2017 $192,000 $150,000 $342,000 $3,765
2016 $334,233 $3,679
2015 $326,467 $3,399
2014 $192,000 $126,700 $318,700 $3,317
2013 $318,700 $3,315
2012 $318,700 $4,310
2011 $418,060 $4,340
2010 $418,060 $4,340

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,600 sqft
Lot size
ZIP code
20688
City
Solomons
Street
Reef Way
Coordinates
38.33796, -76.45719

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
$2,400
Gross rental yield
7.22%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 13824 Reef Way last sell?
13824 Reef Way most recently sold on Aug 17, 2022 for $399,000.
What is the current tax assessment for 13824 Reef Way?
The most recent total assessment for 13824 Reef Way (year 2021) is $322,667 with $3,501 in property tax.
How does 13824 Reef Way's assessment compare to its last sale price?
The current assessment is 19.1% below the last sale price of $399,000.
When was 13824 Reef Way built?
13824 Reef Way was built in 2005.
How does 13824 Reef Way compare to others on Reef Way?
We track 6 other properties on Reef Way. Browse the list under "Other properties on Reef Way" to compare beds, baths, and sale history.
What are the property facts for 13824 Reef Way?
13824 Reef Way is a 3 bed, 2 bath, 1,600 sqft condos.
Is 13824 Reef Way a flip candidate?
No — 13824 Reef Way does not appear in our flips dataset.
Is 13824 Reef Way a tax-appeal candidate?
No — 13824 Reef Way 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
-1.8%
Implied 1-yr
-7.3%
2025 Q3
$425.9K
2025 Q4
$417.2K
ZIP 20688 — Median Price History + Forecast

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