Returned Equity

2818 E Madison St, Baltimore, MD 21205

Public records show this home is assessed 123% above what it sold for. Owners can appeal an assessment that is above market value.

Sold March 2025$39,500
Assessed at$88,200
Above the sale price123%
Est. saving / year~$988

The saving assumes the assessment is cut to the sale price.

How to appeal in Baltimore City

File a Petition for Review with the Maryland State Department of Assessments and Taxation (SDAT) by January 4, 2027. New owners who bought between January and June can also file a New Owner Appeal within 60 days of the transfer. Official appeal page.

Parcel 0307191612 021. Sale: arm's-length, March 2025. Figures come from public assessment and sales records and may be out of date; the assessor may weigh condition, renovation and other factors, and an appeal can be denied. This is not legal or tax advice.

More homes in Baltimore City