NOT LISTED FOR SALE

22002 Pegg Rd Lexington Park, MD 20653

Estimated Value: $68,000 - $249,000

0.89 Acre
$159,716 Price per Acre
38,768 Sq Ft Lot

Last Sold July 19, 2024

Last sale price $70,000

Est. 103% increase in value since last sale

Current estimated payment $865/month

119 Days on Market

About This Lot

As of July 2024

Almost an acre zoned high density. The existing house is of no value and not useable. Value in the land for development only.
Not currently on city water or sewer. Not certain condition of well and septic ? AS IS.

Last Agent to Sell the Property

Bradley Franzen/Retired

(301) 904-0738 topagentbrad@verizon.net Franzen Realtors, Inc. Listed on: 03/05/2024

Last Buyer's Agent

Z Jenkins

(410) 449-2275 zjenkins@hometowneteam.com Home Towne Real Estate

Home Towne Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,086

Lot Details

  • 0.89 Acre Lot
  • Property is zoned RH

Utilities

  • Well
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1908007306

Property Details

Property Type

Land

Est. Annual Taxes

$1,086

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Expected On Market: 2024-03-05
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.93

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38768.00
  • Zoning: RH
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1086.00
  • Assessor Parcel Number: 1908007306
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: ST. MARY'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Jenkins Z I
Bought by
Zjah Llc
Current Estimated Value
$142,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$188,510
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$46,363

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jul 19, 2024
Sold by
Brown Trina J
Bought by
Jenkins Z I
Seller's Agent
Bradley Franzen/Retired
Franzen Realtors, Inc.
Buyer's Agent
Z Jenkins
Home Towne Real Estate
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.66%

Purchase Details

Closed on
Nov 6, 2002
Sold by
Biscoe Carrie L and Biscoe E
Bought by
Brown Trina J
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
Zjah Llc -- None Listed On Document
Zjah Llc -- None Listed On Document
Jenkins Z I $70,000 None Listed On Document
Brown Trina J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zjah Llc $189,000
Closed Zjah Llc $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $70,000 -6.7% --
07/03/2024 07/03/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $75,000 -31.8% --
03/05/2024 03/05/24 For Sale $110,000 -- --
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 $1,386 $115,600 $0 $0
2024 $1,371 $114,400 $0 $0
2023 $1,357 $113,200 $103,100 $10,100
2022 $1,352 $112,933 $0 $0
2021 $1,347 $112,667 $0 $0
2020 $1,343 $112,400 $103,100 $9,300
2019 $1,323 $110,733 $0 $0
2018 $1,304 $109,067 $0 $0
2017 $1,261 $107,400 $0 $0
2016 -- $107,400 $0 $0
2015 $1,378 $107,400 $0 $0
2014 $1,378 $107,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradley Franzen/Retired

    Seller's Agent in 2024

    Bradley Franzen/Retired

    Franzen Realtors, Inc.

    (301) 904-0738

    3 in this area

    53 Total Sales

    Bradley Franzen/Retired
    Section Image

  • Z

    Buyer's Agent in 2024

    Z Jenkins

    Kevin Turner

    (410) 449-2275

    2 in this area

    14 Total Sales

    Z Jenkins
    Section Image
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Map

Source: Bright MLS

MLS Number: MDSM2017394

Bright MLS

APN: 08-007306

Maryland St Marys County Lexington Park 20653

22002 Pegg Rd, Lexington Park, MD

Not Listed for Sale

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