NOT LISTED FOR SALE

196 Langley Ln Solomons, MD 20688

Estimated Value: $792,616 - $864,000

0.77 Acre
$1,091,434 Price per Acre
33,541 Sq Ft Lot

Last Sold June 05, 2017

Last sale price $310,000

Est. 171% increase in value since last sale

Current estimated payment $4,884/month

112 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Pier
  • 0.77 Acre Lot
  • 1 Dock Slip
  • Bay View
  • No HOA

About This Lot

As of June 2017

TDR"S WERE TRANSFERRED SEPARATELY FOR $15,000) Over Half an acre parcel on Solomon's Island with a strip of land to Back Creek including a pier overlooking the Marine Museum. Level land with few nice trees, sub dividable. TDR's to split into two lots, however, it may be possible to divide into more than 2 lots with more TDR's. Great opportunity to build your own home on the Island.

Last Agent to Sell the Property

Freda Lusby

kittylusby@yahoo.com Discount Realty Services of Southern Maryland, LLC License #05112 Listed on: 04/29/2016

Last Buyer's Agent

Freda Lusby

kittylusby@yahoo.com Discount Realty Services of Southern Maryland, LLC License #05112 Listed on: 04/29/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,601

Lot Details

  • 0.77 Acre Lot
  • 25 Feet of Waterfront
  • Home fronts navigable water
  • Partially Fenced Property
  • Property is zoned TC

Property Views

  • Bay Views

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Listing and Financial Details

  • Assessor Parcel Number 0501009257

Community Details

Overview

  • No Home Owners Association
  • Avondale Subdivision

Recreation

  • Pier
  • Water Access
  • Property near a bay
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$2,601

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 9.69

Exterior Features

  • Dock Type: Pier (Perpendicular)
  • View: Bay, Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: BACK CREEK
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 25

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 3300.00
  • Lot Size Acres: 0.77
  • Lot Size Area: 33541
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33541.00
  • Possible Use: Residential
  • Zoning: TC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14953830
  • Tax Annual Amount: 2600.55
  • Assessor Parcel Number: 0501009257
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Pipestem

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Cherington Denise
Bought by
Walder Leonard H
Current Estimated Value
$840,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$278,135
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$562,269

Purchase Details

Closed on
Sep 29, 2021
Sold by
Denise Cherington
Bought by
Board Of County Commissioners Of Calvert Coun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$278,135
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$562,269

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 5, 2017
Sold by
Lamson Larry D and Lamson Francine
Bought by
Cherington Denise
Seller's Agent
Freda Lusby
Discount Realty Services of Southern Maryland, LLC
Buyer's Agent
Freda Lusby
Discount Realty Services of Southern Maryland, LLC
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$250,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2014
Sold by
Kines Leslie D and Demoss Clara Jean
Bought by
Lamson Larry D and Lamson Francine

Purchase Details

Closed on
Nov 14, 2013
Sold by
Lamson Larry D and Zinn Nancy W
Bought by
Kines Leslie D and Demoss Clara Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walder Leonard H $637,500 None Available
Board Of County Commissioners Of Calvert Coun -- None Listed On Document
Cherington Denise $310,000 None Available
Lamson Larry D $499,999 None Available
Kines Leslie D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walder Leonard H $304,000
Previous Owner Cherington Denise $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $310,000 -4.6% --
08/19/2016 08/19/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $325,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,513 $573,333 $0 $0
2024 $5,513 $496,367 $0 $0
2023 $4,512 $419,400 $152,300 $267,100
2022 $4,441 $412,900 $0 $0
2021 $4,441 $582,400 $0 $0
2020 $6,157 $575,900 $324,300 $251,600
2019 $5,815 $554,367 $0 $0
2018 $2,816 $268,400 $0 $0
2017 $2,636 $248,500 $0 $0
2016 -- $247,733 $0 $0
2015 $181 $246,967 $0 $0
2014 $181 $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Freda Lusby

    Seller's Agent in 2017

    Freda Lusby

    Discount Realty Services of Southern Maryland, LLC

    (410) 257-7330

    4 in this area

    28 Total Sales

    Freda Lusby
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Map

Source: Bright MLS

MLS Number: 1003905453

Bright MLS

APN: 01-009257

Maryland Calvert County Solomons 20688

196 Langley Ln, Solomons, MD

Not Listed for Sale

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