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224 Walnut St

Westernport, MD 21562

3 bd 2 ba 1,188 sqft Built 1850 Lot 6,250 sqft single_family
Most recent sale
$13,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2023 Sold $23,000 BrightMLS
Jan 21, 2023 Listed $25,000 BrightMLS
Sep 30, 2022 Sold $13,000 MLS #MDAL2003910
Jul 27, 2022 Listed $19,900 MLS #MDAL2003910

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $21,000 $7,300 $28,300 $458
2024 $21,000 $7,300 $28,300 $459
2022 $22,300 $7,300 $29,600 $475
2021 $22,300 $7,300 $29,600 $480
2020 $22,300 $7,300 $29,600 $469
2019 $30,900 $7,300 $38,200 $611
2018 $30,900 $7,300 $38,200 $614
2017 $30,900 $7,300 $38,200 $610
2016 $30,900 $7,300 $38,200 $608
2015 $30,900 $7,300 $38,200 $608
2014 $30,900 $7,300 $38,200 $644
2013 $31,700 $9,300 $41,000 $615
2012 $39,210 $592
2011 $37,420 $581
2010 $35,630 $525

Property facts

Year built
1850
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,188 sqft
Lot size
6,250 sqft
ZIP code
21562
City
Westernport
Street
Walnut St
Coordinates
39.48545, -79.04958

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
$78
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 Walnut St last sell?
224 Walnut St most recently sold on Sep 30, 2022 for $13,000.
What is the current tax assessment for 224 Walnut St?
The most recent total assessment for 224 Walnut St (year 2025) is $28,300 with $458 in property tax.
How does 224 Walnut St's assessment compare to its last sale price?
The current assessment is 117.7% above the last sale price of $13,000.
When was 224 Walnut St built?
224 Walnut St was built in 1850.
How does 224 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 224 Walnut St?
224 Walnut St is a 3 bed, 2 bath, 1,188 sqft, 6,250 sqft lot single_family.
Is 224 Walnut St a flip candidate?
Yes — 224 Walnut St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 224 Walnut St a tax-appeal candidate?
Yes — 224 Walnut St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q2
$84.1K
2026 Q3
$85.9K
ZIP 21562 — Median Price History + Forecast

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