Date
Details
Price
Change
Source
9/09/2026
Listed
$489,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$489,900 Just Listed
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Property Description
Spacious 4 bedroom/2.5 bath ONE OWNER home in the heart of Lanham. This charming Colonial was purchased by the current owners in 1972 and maintained for the past 54 years! It offers a wealth of possibilities and features not usually found at this price range including 4 bedrooms and 2 full baths on the upper level, a primary bedroom with en-suite bath and walk-in closet, beautiful oak hardwood floors on the main and upper levels and a cozy family room with brick accent wall, wood-burning fireplace and exposed beams, and a nearly new roof (2023). The large basement has tons of space for future renovations/improvements, a workshop or storage. The semi-private terraced backyard is a gardener's paradise or the perfect place to unwind after a long day. There are also many mature trees on the generous-sized lot. The single car garage has additional space for yard tools and storage. Conveniently located near Nasa Goddard, I-495, University Blvd/Greenbelt Road, the Baltimore-Washington Parkway and US-50. Homes like this in the Woodlark neighborhood rarely become available so don't miss out on your chance to see it and own it.
Full Property Details
Full Property Details for 8402 Margo Rd
General
- Price: $489,900
- Taxes: $6,564 (2026)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2217886
- Updated: 9/9/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Attic, Carpet, Bathroom - Walk-In Shower, Breakfast Area, Chair Railings, Dining Area, Exposed Beams, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Table Space, Primary Bath(s), Walk-in Closet(s), Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Brick, Fireplace - Glass Doors, Insert, Wood
- Appliances: Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Humidifier, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
- Flooring: Hardwood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
Other Rooms
- Laundry: Main Floor
Exterior
- Porch/Patio/Deck: Patio(s), Porch(es)
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete Driveway
- Parking Type: Attached Garage
- Garage Description: Garage - Front Entry, Garage Door Opener, Inside Access
Location
- County: PRINCE GEORGES
- Subdivision: WOODLARK
- Driving Directions: From Beltway (I-495): Take exit 22A for Baltimore/Washington Parkway toward Baltimore. In 0.6 miles, take the MD-193 E exit. Use the left 2 lanes to turn left onto MD-193 E/Greenbelt Rd. In 1.2 miles, turn right onto Cipriano Road. In 0.7 miles, turn right onto Nightingale Drive. In 0.3 miles, turn left onto Woodthrush Drive. In 390 feet, turn right onto Margo Road. Destination will be on the right.
School Information
- School District: Prince George's County Public Schools
- Elementary School: Magnolia
- Middle School: Greenbelt
- High School: Eleanor Roosevelt
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Daylight, Partial, Connecting Stairway, Full, Space For Rooms, Water Proofing System
- Foundation: Slab
- Roof: Architectural Shingle, Asphalt
- Windows: Double Hung, Wood Frame
- Doors: Double Entry
- Stories Description: Main, Upper 1
- Square Feet: 2,964
- Sq. Ft. Source: Assessor
- Living Area: 1,980 Sq. Ft.
- Finished Above Grnd: 1,980 Sq. Ft.
- Year Built: 1972
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,415
- Lot Size Source: Assessor
- Zoning: RSF95
Financial Considerations
- Price Per Sq. Ft.: $247.42
- Assessment Year: 2026
- County Tax: $4,912
- County Tax Freq: Annually
- Tax w/Assessment: $472,533
- Tax Amount: $6,564
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 1980
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7
Listed by RE/MAX Excellence Realty, John R Young
We Value Your Privacy
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Listing agent
— 8402 Margo Rd —
John R Young
RE/MAX Excellence Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8402 Margo Rd
School District:Prince George's County Public Schools
| Name | Grades | Distance |
|---|---|---|
Magnolia Elementary School, Lanham, MD 8400 Nightingale Drive, Lanham, MD 20706 | PK-6 | 0.2 mi |
Greenbelt Middle School 6301 Breezewood Drive, Greenbelt, MD 20770 | 6-8 | 2.5 mi |
Eleanor Roosevelt High School 7601 Hanover Parkway, Greenbelt, MD 20770 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8402 Margo Rd
Tax History
Tax History for 8402 Margo Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,220
—
$441,767
7%
2023
$4,220
—
$411,000
8%
2023
$4,220
9%
$379,467
9%
2022
$3,869
-9%
$347,933
10%
2019
$4,265
-1%
$316,400
3%
2021
$4,300
2%
$307,133
3%
2020
$4,207
3%
$297,867
3%
2019
$4,094
4%
$288,600
8%
2018
$3,942
3%
$266,600
9%
2017
$3,813
3%
$244,600
10%
2016
$3,706
3%
$222,600
—
2015
$3,583
—
$222,600
—
2014
$3,573
—
$222,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8402 Margo Rd
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8402 Margo Road, Lanham, MD 20706 (MLS# MDPG2217886) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 8402 Margo Road is currently listed for $489,900 and was received on September 09, 2026. Want to learn more about 8402 Margo Road? Do you have questions about finding other Single Family real estate for sale in Lanham? You can browse all Lanham real estate or contact a Coldwell Banker agent to request more information.