40420 Parsons Mill Rd is a 1,170 square foot house on a 1.16 acre lot with 1 bathroom. Based on Redfin's Loveville data, we estimate the home's value is $279,098.
Single-familyProperty Type
1965Year Built
1.16 acresLot Size
$239Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$279,098
$16K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.6% lower than the average sale price ($380K) of 6 comparable homes.
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Earn from this home
Sell
$260,993
Est. take-home
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Market trends in 20650, MD
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
100.7%
+0.6% MoM
Median sale price
$535K
$30K MoM
Avg. days on market
49d
5 days MoM
Recently sold homes
56
13 MoM
Provided by Redfin
Sale history for 40420 Parsons Mill Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,437 (+9.0%)
2024
$2,235 (+10.7%)
$114,800 + $97,600
$212,400
2023
$2,020 (+8.1%)
2022
$1,868 (+1.2%)
2021
$1,846 (+1.2%)
$115,800 + $52,300
$168,100
2020
$1,825 (+1.2%)
2019
$1,803 (+0.5%)
2018
$1,793 (+1.5%)
2017
$1,767 (+10.8%)
2015
$1,594 (+36.1%)
2014
$1,171 (+4.9%)
$105,800 + $49,200
$155,000
2013
$1,117 (+8.2%)
2012
$1,032 (+5.2%)
2011
$981
2010
$981 (−1.9%)
2009
$1,000
Tax history for 40420 Parsons Mill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,437 (+9.0%)
2024
$2,235 (+10.7%)
$114,800 + $97,600
$212,400
2023
$2,020 (+8.1%)
2022
$1,868 (+1.2%)
2021
$1,846 (+1.2%)
$115,800 + $52,300
$168,100
2020
$1,825 (+1.2%)
2019
$1,803 (+0.5%)
2018
$1,793 (+1.5%)
2017
$1,767 (+10.8%)
2015
$1,594 (+36.1%)
2014
$1,171 (+4.9%)
$105,800 + $49,200
$155,000
2013
$1,117 (+8.2%)
2012
$1,032 (+5.2%)
2011
$981
2010
$981 (−1.9%)
2009
$1,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RPD
Rural Preservation District
The regulations of Rural Preservation Districts are intended to foster agricultural, forestry, mineral resource extraction, and aquacultural uses and protect the land base necessary to support these activities. Low density residential development in this type of district is permitted subject to performance standards that maintain the rural character of the district in recognition of the fact that a full range of public facilities is not provided or planned. The farmer has the right to farm without being restricted by neighboring residential areas. Restricted hours of operation for farm equipment, restricted odor-producing fertilizers, or mandatory noise reductions may not be imposed on farmers in an RPD zoning district. The general intent of the district is to encourage farming without undue burden on the landowner. In accordance with these intentions, the following provisions for the protection of agricultural uses will apply: (1) Any farm use of land is permitted. (2) Operation, at any time, of machinery used in farm production or the primary processing of agricultural products is permitted. (3) Normal agricultural activities and operations in accordance with good husbandry practices, which do not cause bodily injury or directly endanger human health, are permitted and preferred activities, including activities that may produce normal agriculture related noise and odors. (4) The sale of farm products produced on the farm where the sales are made is permitted.