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CondominiumResidential

8388 MONTGOMERY RUN RD

ELLICOTT CITY, MD 21043
0.9 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
Built 19888 units1,084–1,209 ft²
$2.4M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$306K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$265
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-19.9%vs the Ellicott City ZIP median sale $/ft² ($331)

Sales Performance

$290K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
12.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.7%per yeartypical hold 6.8 yrsfrom 11 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19992003200520152017201920212026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19992003200520152017201920212026

19 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
8 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$285K–$286K
2 units
$290K–$290K
1 unit
$306K–$306K
2 units
$321K–$325K
3 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.50%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.13%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.8.5 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.67%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.38%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$305,541
Median tax billThe middle annual property tax bill among the building's units.$4,347
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit CJun 5, 2026$290,000Unit BJun 3, 2022$306,670Unit ISep 28, 2021$242,000Unit BAug 23, 2019$224,200Unit IOct 30, 2018$218,000Unit AJul 23, 2018$213,000Unit ENov 14, 2017$204,000Unit BApr 27, 2016$205,000Unit HJul 9, 2015$185,000Unit GMar 4, 2015$221,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,533 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$257,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$77,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$180,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$238,867
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$257,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyHOWARD
Lot (acres)The size of the land the home sits on, from county records.0.90
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Long Reach High SchoolC+
High · Grades 9–12 · 1.0 mi
M
Mayfield Woods Middle SchoolB
Middle · Grades 6–8 · 1.7 mi
E
Ilchester Elementary SchoolB-
Elementary · Grades PK–5 · 1.8 mi

District: Howard County Public Schools

Neighborhood · ZIP 21043These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.48,279
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,799 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$138,854
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$163,449
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

8388 Montgomery Run Rd
2 ba · 1,091 ft²
$304K
8388 Montgomery Run Rd # A
2 ba · 1,084 ft²
$285K
8388 Montgomery Run Rd # B
2 ba · 1,192 ft²
$321K
8388 Montgomery Run Rd # C
2 ba · 1,141 ft²
$290K
8388 Montgomery Run Rd
2 ba · 1,209 ft²
$325K
8388 Montgomery Run Rd # F
2 ba · 1,153 ft²
$306K
8388 Montgomery Run Rd
2 ba · 1,094 ft²
$286K
8388 Montgomery Run Rd # H
2 ba · 1,203 ft²
$323K
8388 Montgomery Run Rd # I
2 ba · 1,157 ft²
$306K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 8388 Montgomery Run Rd

How many units are in 8388 Montgomery Run Rd, Ellicott City, MD?

8388 Montgomery Run Rd, Ellicott City, MD has 8 residential units across built in 1988, according to county assessor records.

What is a unit at 8388 Montgomery Run Rd, Ellicott City, MD worth?

The median TopHap Estimate across the 8 units at 8388 Montgomery Run Rd, Ellicott City, MD is $306,054. That works out to $265 per square foot. Units run from 1,084 to 1,209 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 8388 Montgomery Run Rd, Ellicott City, MD expensive for Ellicott City?

Units at 8388 Montgomery Run Rd, Ellicott City, MD carry a median of $265 per square foot, 20% below the Ellicott City median of $331 per square foot.

How often do units sell at 8388 Montgomery Run Rd, Ellicott City, MD?

1 units at 8388 Montgomery Run Rd, Ellicott City, MD sold in the last 12 months, out of 19 recorded arms-length sales all time. That is a turnover rate of 12.5% of the building per year. The median sale over that period was $290K.

Have units at 8388 Montgomery Run Rd, Ellicott City, MD appreciated?

Across 11 repeat sales of the same unit, 8388 Montgomery Run Rd, Ellicott City, MD returned a median 3.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.8 years.

More homes on Montgomery Run Rd

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Assigned schools

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