NOT LISTED FOR SALE

38300 Palmer Rd Coltons Point, MD 20626

Estimated Value: $761,000 - $1,293,361

4 Beds
1.5 Baths
3,342 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $605,000 $181 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,238/month

12 Days on Market

Highlights

  • 600 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Dynard Elementary School Rated A-
  • Pier
  • River View

About This Home

As of December 2021

Original home of Captain Palmer, this historic waterfront home is on over 4.5 acres, partially wooded. Sited on a peninsula with wide views and ample linear frontage on the beautiful St. Patrick's Creek, you'll have quick access directly to St. Clements Bay and the Potomac River. Two full-service marinas are nearby. Deep water, and sweeping views make this an ideal property for a permanent or vacation home. This beautiful Victorian home offers large room sizes, period millwork, wood flooring, great front porch, space to spread out and enjoy boating, serene waterfront living and nature's bounty. Seller has an approved permit for a 50’ pier extension with lift. This property is listed on the MD Inventory of Historic Properties (MIHP), Refer to St Mary’s County Land Use & Growth Management (LUGM) for any restrictions, if any, on changes or demolition. Property being sold as-is.

Last Listed By

Lucy Barbour

CENTURY 21 New Millennium License #521337 Listed on: 10/09/2021

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 1905

Lot Details

  • 4.56 Acre Lot
  • 600 Feet of Waterfront
  • Home fronts navigable water
  • Secluded Lot

Parking

  • Driveway

Property Views

  • River
  • Woods

Home Design

  • Victorian Architecture
  • Plaster Walls
  • Metal Roof

Interior Spaces

  • 3,342 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Flood Lights
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Pier
  • Private Water Access
  • Property near a bay
  • Waterski or Wakeboard
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Mound Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1907022212

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,786

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Remarks Public: Original home of Captain Palmer, this historic waterfront home is on over 4.5 acres, partially wooded. Sited on a peninsula with wide views and ample linear frontage on the beautiful St. Patrick's Creek, you'll have quick access directly to St. Clements Bay and the Potomac River. Two full-service marinas are nearby. Deep water, and sweeping views make this an ideal property for a permanent or vacation home. This beautiful Victorian home offers large room sizes, period millwork, wood flooring, great front porch, space to spread out and enjoy boating, serene waterfront living and nature's bounty. Seller has an approved permit for a 50’ pier extension with lift. This property is listed on the MD Inventory of Historic Properties (MIHP), Refer to St Mary’s County Land Use & Growth Management (LUGM) for any restrictions, if any, on changes or demolition. Property being sold as-is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Table Space, Pantry
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Unfinished, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 3342
  • Living Area Sq Ft: 3342
  • Price Per Sq Ft: 201.97
  • Above Grade Finished Sq Ft: 3342
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38300

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Flood Lights
  • Roof: Metal
  • View: River, Trees/Woods
  • Water Access Features: Fishing Allowed, Boat - Powered, Private Access, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: St. Patricks Creek/St. Clements Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 600

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Mound System
  • Utilities: Cable Tv, Phone Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 010
  • Lot Features: Bulkheaded, Secluded
  • Lot Size Acres: 4.56
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 198634.00
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5786.00
  • Assessor Parcel Number: 1907022212
  • Tax Total Finished Sq Ft: 3342
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/16/2021

Multi Family

  • Mean Low Water Feet: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Dec 16, 2021
Sold by
Fitzgerald Daniel S and Fitzgerald Pamela S
Bought by
Demarco Lorna A and Demarco James J
Seller's Agent
Lucy Barbour
CENTURY 21 New Millennium
Buyer's Agent
Bobby Brown II
Five Star Real Estate
List Price
$675,000
Sold Price
$605,000
Premium/Discount to List
-$70,000
-10.37%
Total Days on Market
12
Current Estimated Value
$967,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,590
Avg. Annual Appreciation
13.83%

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 24, 2020
Sold by
Farley Sharon Lynn and Farley Thomas E
Bought by
Fitzgerald Daniel S and Fitzgerald Pamela S
Seller's Agent
Wayne & Christine Floyd
RE/MAX Realty Group
Buyer's Agent
Lucy Barbour
CENTURY 21 New Millennium
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.03%

Purchase Details

Closed on
Apr 21, 1998
Sold by
Maryland Bank & Trust Company
Bought by
Farley Farley Thomas E Thomas E and Farley Sharon Lynn

Purchase Details

Closed on
Aug 8, 1997
Sold by
Kurley Joseph P and Kurley Diane M
Bought by
Maryland Bank & Trust Company

Purchase Details

Closed on
Jun 18, 1990
Sold by
Palmer Mary A
Bought by
Kurley Joseph P and Kurley Diane M

Range of Values:

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Average Value
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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
Demarco Lorna A $605,000 Bayview Title Llc
Fitzgerald Daniel S $405,000 Eagle Title Llc
Farley Farley Thomas E Thomas E $300,000 --
Maryland Bank & Trust Company $383,296 --
Kurley Joseph P $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demarco James J $500,000
Previous Owner Farley Sharon Lynn $270,000
Previous Owner Farley Sharon L $30,000
Closed Farley Farley Thomas E Thomas E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $605,000 -10.4% $181 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $675,000 +66.7% $202 / Sq Ft
11/24/2020 11/24/20 Sold $405,000 0.0% $121 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/19/2020 09/19/20 Off Market $405,000 -- --
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
2024 $10,163 $934,800 $410,100 $524,700
2023 $6,796 $620,233 $0 $0
2022 $6,302 $574,267 $0 $0
2021 $5,808 $528,300 $397,800 $130,500
2020 $4,779 $526,800 $0 $0
2019 $5,673 $525,300 $0 $0
2018 $4,670 $523,800 $397,800 $126,000
2017 $5,636 $523,800 $0 $0
2016 -- $523,800 $0 $0
2015 $4,444 $523,800 $0 $0
2014 $4,444 $523,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2000069

Bright MLS

APN: 07-022212