538 Monkton Road

Closed 5/9/22
Closed 5/9/22
Unique Hereford investment property...
Majority of the land is wooded & zoned RC-7.
Zoned CB with 4 apartments & Storefront.
Cute bungalow style single family home included.
Good visibility and in good condition...
The house is charming inside with recent updates.
Nice curb appeal and nice yard.
Separate access to apartments from rear decks.
Outbuilding/garage maintained & used by tenants.
Small garage for house at 534 and nice yard.
View of garage from house.
Shared yard space for tenants of 538 Monkton.
Lawn areas are the only open land of the 29+ acres
View of the rear yard looking east.
A great opportunity to own this unique property!
Provides ample yard space.
Parking available in front and back.
Sold
Last Sold Price
$725,000
5,688 sqft
538 Monkton Rd, Monkton, MD 21111
Multi FamilyProperty Type
29.48 acresLot Size
1947Year Built
$127/sq ftPrice per sq ft
16 carsParking Spaces

Description

No open houses scheduled... Shown by appointment only. Unique opportunity to purchase a multi-unit investment property in the heart of Hereford. Included in the sale is a single family bungalow style home at 534 Monkton Rd. and a commercial style brick two-story building with one storefront space and four separate apartments, all occupied and in good condition. Three 2 bedroom units and one 1 bedroom unit and additional storefront space. Separate electric meters and shared oil fired hot water heating...No open houses scheduled... Shown by appointment only. Unique opportunity to purchase a multi-unit investment property in the heart of Hereford. Included in the sale is a single family bungalow style home at 534 Monkton Rd. and a commercial style brick two-story building with one storefront space and four separate apartments, all occupied and in good condition. Three 2 bedroom units and one 1 bedroom unit and additional storefront space. Separate electric meters and shared oil fired hot water heating system with separate thermostats in multi-unit bldg. Full basement is utility and storage area. The single family home is rented and also in good condition. The improvements are situated on 29.48 acres of land, all wooded except for the area around the improvements (see documents for tax map drawing). Current zoning does not allow further subdivision. Separate recorded ROW access to the far end of the property. See document site for additional information. Do not enter the property without an appointment and all appointments will be during two time periods each week to be considerate to the tenants: wed. 5-8 pm and sun 1-5pm, with prior day notice required. All units have Baltimore County Rental licenses in place and are lead paint compliant. Financials to be provided to serious buyers only. Seller financing may be available to qualified buyer with 25% down payment and excellent credit. Land would be great for creating walking trails, hunting, or just enjoying the natural wooded setting.
  • Listed by: Cynthia E Riley 410.458.2405 cindy@rileymaherteam.com • Berkshire Hathaway HomeServices PenFed Realty
  • Listed by: Jessica M Maher 410.207.0329 jess@rileymaherteam.com • Berkshire Hathaway HomeServices PenFed Realty
Listing closed: 05/09/2022 12:00 AM • Source: BRIGHT, MLS#: MDBC2007934

Recent comparable sales

Median sold price

$465,000

Avg days on market

189

Sale-to-list ratio

92.5%

Monkton, MD

9 comparable properties found

$725,000 | 1815 Blue Mt Road, Monkton, MD 21111
1/3
1

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Bathrooms
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Square Feet
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Acres

1815 Blue Mt Road, Monkton, MD 21111

$145,000 | 17346 Big Falls Road, Monkton, MD 21111
1/11
2

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17346 Big Falls Road, Monkton, MD 21111

a picture of a bathroom sink
1/16
3

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Unavailable
Bathrooms
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Acres

17344 Big Falls Road, Monkton, MD 21111

a view of a lake
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16504 Garfield Avenue, Unit 4, Monkton, MD 21111

an aerial view of a house having yard
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Vance Road, Monkton, MD 21111

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16829 York Road, Monkton, MD 21111

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17005 York Road, Monkton, MD 21111

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Unavailable
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Unavailable
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Acres

211 Mt Carmel Road, Monkton, MD 21111

$280,000 | 1211 Corbett Road, Monkton, MD 21111
1/6
9

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Unavailable
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Square Feet
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Acres

1211 Corbett Road, Monkton, MD 21111

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Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty

Sold By Keller Williams Flagship of Maryland

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$4,431 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,746

Property Taxes

$685

HOA Dues

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Property Information for 538 Monkton Road

Property Details
  • Taxes: $8,217 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Baltimore County
  • Tax ID Number: 04070718072133
  • Ownership: Fee Simple
  • HOA: No
  • Structure Type: Other
  • Style: Other
  • Waterfront: No
  • Garage: Yes
  • Subdivision: MONKTON
  • Subdivision: MONKTON (BALTIMORE MD)
  • Cross Street: York Rd
  • Total Parking Spaces: 16
  • Central Air: Yes
  • Basement: Yes
  • Above Grade Finished SQFT: 5,688.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Property Condition: Good
Building Information
  • Residences: 4
  • Year Built: 1947
  • Lot Size: 29.48 AC / 1,284,149 SF
Location
Location
  • In City Limits: No
  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140087473
  • SchoolDistrictSource: Listing Agent
  • Elementary School: SPARKS (BALTIMORE MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: HEREFORD (BALTIMORE MD)
  • MiddleSchoolSource: Listing Agent
  • High School: HEREFORD (BALTIMORE MD)
  • HighSchoolSource: Listing Agent
  • County: BALTIMORE
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $675,600
  • Year Assessed: 2021
  • County Tax: $8,157
  • Improvement Assessed Value: $255,800
  • Land Assessed Value: $419,800
  • Clean Green Assessed: No
  • Land Use Code: 003
  • Zoning: CB & RC-7
  • Zoning Dscrp: The area immediately surrounding the brick building is zoned CB, balance is RC7 so can't be subdivided-see document site.
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Rent Control: No
  • Concessions: Yes
  • Concessions Amount: $4,000
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Units Leased Count: 6
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,688.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Rural, Trees/Wooded
  • Parcel ID: 11756313
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway, Parking Lot
  • Num of Detached Garage Spaces: 4
  • Total Garage Spaces: 4
  • Parking Lot - # of Spaces: 12
  • Parking Features: Stone Driveway, Paved Driveway
  • Garage Features: Additional Storage Area
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Gutter System, Outbuilding(s)
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Phone Available
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Baseboard - Hot Water
  • Heating Fuel: Electric, Oil
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
  • Electric Service: 220 Volts, Circuit Breakers, Single Phase
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS
  • List Agent URL: rileymaherteam.com

Property History for 538 Monkton Road

DateEvent & SourcePriceAppreciation
May 9, 2022

Closed (Public Record)

Public Record #1491997924

$725,000—
May 9, 2022

Closed

BRIGHT #MDBC2007934

$725,000—
Sep 11, 2021

Pending

BRIGHT #MDBC2007934

—
DateEvent & SourcePrice
05/09/2022

Closed (Public Record)

Public Record #1491997924

$725,000
05/09/2022

Closed

BRIGHT #MDBC2007934

$725,000
09/11/2021

Pending

BRIGHT #MDBC2007934

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 538 Monkton Road

Taxable ValueLand-Additions-Total-
Tax Record2025$7,179 ($598 / month)
Home Facts
Baths1Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtStories2Lot Size1,284,149 SqFtStyleMulti-Family Res (5+ Units)Year Built1947CountyBALTIMOREAPN07-0718072133Fireplace Type2 Story Brick Chimney

Schools near 538 Monkton Road

This home is within Baltimore County Public Schools.
Rating
School
Type
Grades
Distance
Sparks Elementary School
Public - K to 5
Hereford Middle School
Public - 6 to 8
Hereford High School
Public - 9 to 12
George W. Carver Center For Arts & Technology
Public - 9 to 12
Rating
School
Distance
Sparks Elementary School
PublicK to 5

Hereford Middle School
Public6 to 8

Hereford High School
Public9 to 12

George W. Carver Center For Arts & Technology
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 538 Monkton Road, Monkton, MD 21111
$725,000
–
–
5,688
1,284,149
17000 Big Falls Road, Monkton, MD 21111
$280,000
3
1,848
43,996
752 Monkton Road, Monkton, MD 21111
$346,000
4
1,710
49,223
803 Monkton Road, Monkton, MD 21111
–
–
1
1,304
50,965
748 Monkton Road, Monkton, MD 21111
$325,000
–
1
1,114
19,994
16951 Big Falls Road, Monkton, MD 21111
$190,000
3
–
24,567

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/28/2022 08:02 AM