NOT LISTED FOR SALE

37975 Beach Rd Coltons Point, MD 20626

Estimated Value: $465,000 - $601,000

3 Beds
2 Baths
1,204 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $490,000 $407 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,229/month

13 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Seaplane Permitted
  • River View
  • Dynard Elementary School Rated A-
  • Fishing Allowed
  • Private Lot

About This Home

As of July 2023

Perfect Getaway! Idyllic small island/peninsula known as Dick Hart's Island Subdivision. Sale includes Lots 2 and 3 plus the shared open space including 1/3 interest for each lot in Lot 4 which fronts on Dukeharts Creek.
Both dwelling lots front on the Potomac River. Lot 2 is a 3 bedroom, 2 bath Cottage with 1,218 square feet and Lot 3 is a 1 bedroom, 1 bath Cottage with 501 square feet. They share a well and have a shared septic system. Each dwelling is individually metered. Acreage is approximate and includes the additional portions of Lot 4 with each lot. Lot 2 is 1.76 acres and Lot 3 is 1.36 acres per assessment records. Potomac River shoreline has rock reventment. Both Cottages need repair but are liveable with some improvement. Lot 2 is presently occupied. Both dwellings are believed not to be in FEMA flood zone. Road access and open space is shared with Lot 1. Access is by way of a narrow driveway that at its low point is close to river water levels. Waterfrontage is approximate but includes Potomac River frontage with lots and the extensive frontage on Dukeharts Creek. Tremendous Potential but some major TLC needed. Great value and potential! ONE OF A KIND-It might be right for you!

Last Listed By

Carl Franzen

Franzen Realtors, Inc. Listed on: 04/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1923

Lot Details

  • 3.12 Acre Lot
  • 1,000 Feet of Waterfront
  • Home fronts navigable water
  • Backs To Open Common Area
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Marsh on Lot
  • Tidal Wetland on Lot
  • Additional Land
  • Sale includes Lot 2 and Lot 3 with each having 1/3 undivided interest in Lot 4. Lots 2 and 3 are improved with dwellings
  • Property is zoned RNC

Property Views

  • River
  • Woods

Home Design

  • Cottage
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • Property has 1 Level
  • Tray Ceiling
  • Non-Functioning Fireplace
  • Brick Fireplace
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Private Parking
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Seaplane Permitted
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Rip-Rap
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted

Schools

  • Dynard Elementary School
  • Margaret Brent Middle School
  • Chopticon High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Baseboard Heater
  • Shared Well
  • Tankless Water Heater
  • Gravity Septic Field
  • Shared Septic

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1907029462 & 1907029470

Community Details

Overview

  • No Home Owners Association
  • Point Blackistone Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,902

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-03
  • Federal Flood Zone: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace Features: Non-Functioning, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Tray Ceilings
  • Foundation Details: Block, Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1204
  • Living Area Sq Ft: 1204
  • Price Per Sq Ft: 414.87
  • Above Grade Finished Sq Ft: 1204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37975

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding, Wood Siding
  • Roof: Asphalt
  • Spa: No
  • View: River, Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Seaplane Permitted, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway, Gravel Driveway, Private
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Wall Unit
  • Heating: Yes
  • Hot Water: Tankless, Electric
  • Sewer/Septic System: Gravity Sept Fld, Shared Septic
  • Water Source: Private, Well-Shared
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ST. MARY'S COUNTY PUBLIC SCHOOLS
  • Elementary School: DYNARD
  • Middle School: MARGARET BRENT
  • High School: CHOPTICON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138839208
  • School District Source: 3rd Party
  • Elementary School: DYNARD
  • High School: CHOPTICON
  • Middle Or Junior School: MARGARET BRENT

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Sale includes Lot 2 and Lot 3 with each having 1/3 undivided interest in Lot 4. Lots 2 and 3 are improved with dwellings
  • Land Use Code: R
  • Lot Features: Backs - Open Common Area, Additional Lot(s), Fishing Available, Level, Marshy, Private, Rip-Rapped, Secluded, Tidal Wetland
  • Lot Size Acres: 3.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 135907.20
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RNC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3902.00
  • Assessor Parcel Number: 1907029462 & 1907029470
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1204
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/12/2023

Multi Family

  • Waterfront Features: Rip-Rap

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jul 10, 2023
Sold by
Testamentary Trust
Bought by
Earley Sean B
Seller's Agent
Carl Franzen
Franzen Realtors, Inc.
Buyer's Agent
Edward Middleton
Shasho Consulting PA Commerical R.E.
List Price
$499,500
Sold Price
$490,000
Premium/Discount to List
-$9,500
-1.9%
Total Days on Market
13
Views
132
Current Estimated Value
$518,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,148
Avg. Annual Appreciation
1.96%
Original Mortgage
$416,500
Outstanding Balance
$408,816
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$99,201

Range of Values:

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Average Value
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List 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
Earley Sean B $490,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earley Sean B $416,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $490,000 -1.9% $407 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $499,500 -- $415 / Sq Ft
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
2024 $4,120 $369,900 $301,800 $68,100
2023 $4,090 $367,333 $0 $0
2022 $4,061 $364,767 $0 $0
2021 $4,031 $362,200 $301,800 $60,400
2020 $4,022 $361,467 $0 $0
2019 $3,943 $360,733 $0 $0
2018 $3,934 $360,000 $301,800 $58,200
2017 $3,915 $360,000 $0 $0
2016 -- $360,000 $0 $0
2015 $4,476 $399,700 $0 $0
2014 $4,476 $399,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2012404

Bright MLS

APN: 07-029462