NOT LISTED FOR SALE

40026 Ben Morgan Rd Leonardtown, MD 20650

Estimated Value: $585,000 - $752,000

4 Beds
2 Baths
1,664 Sq Ft
$411/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $675,000 $406 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,075/month

Highlights

  • 421 Feet of Waterfront
  • 4 Dock Slips
  • Fishing Allowed
  • Leonardtown Middle School Rated A-
  • Pier
  • Bay View

About This Home

As of March 2023

Welcome to "The Oyster House. " Originally used as a Oyster shucking house, this charming waterfront property awaits you. Offering 421 +- feet of waterfront and situated on 1.13 private acres, you'll enjoy stunning views from every direction. The large landscaped yard is perfectly shaded with mature trees for hot summer days. Meander down to your deep water private pier to take a boat ride or throw in your crab pots and enjoy dinner on your screened in porch. An outdoor shower is the perfect way to cool off after a long day on the water. Inside the home, you will enjoy views from every room of the house. On the main floor, you will enjoy the large gathering space that leads to a wonderful screened in porch. Additionally on this level is the kitchen, a bedroom and a remodeled full bathroom. Upstairs you will find three additional bedrooms and a full bath.
The house was completely remodeled in 2017 and central heat and a/c added to the second floor in 2021 along with many other lovely upgrades. Currently, the home is being used as an income producing property. The property is fully furnished and ready to continue as a weekly rental property busines. The Oyster House has endless possibilities making it a perfect vacation home, an income producing business or your next forever home. Combs Creek is alive with nature, Blue heron, Osprey. Kayaking and paddle boarding and many opportunities to enjoy nature. Convenient to our vibrant downtown and a short trip to DC and surrounding area’s
Agent-owner

Last Agent to Sell the Property

Donna Dorsey

TTR Sotheby's International Realty Listed on: 02/21/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Daniel Llerena

RLAH @properties License #0225239937

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1930 | Remodeled in 2017

Lot Details

  • 1.13 Acre Lot
  • 421 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Board Fence
  • Landscaped
  • No Through Street
  • Private Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Back and Side Yard
  • Property is in very good condition
  • Property is zoned RPD

Parking

  • Gravel Driveway

Property Views

  • Bay
  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Chimney Cap

Interior Spaces

  • 1,664 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Awning
  • Double Hung Windows
  • Family Room Off Kitchen
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Flood Lights
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Outdoor Shower
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property Near A Cove
  • Sail
  • Swimming Allowed
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Screened Patio
  • Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Schools

  • Benjamin Banneker Elementary School
  • Leonardtown Middle School
  • Chopticon High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Propane
  • Well
  • Tankless Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 1903000524

Community Details

Overview

  • No Home Owners Association
  • Combs Creek Subdivision, Colonial Floorplan

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 1930 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Inventory list of all items for business of Airbnb
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-25
  • Year Built: 1930
  • Year Renovated: 2017
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to "The Oyster House. " Originally used as a Oyster shucking house, this charming waterfront property awaits you. Offering 421 +- feet of waterfront and situated on 1.13 private acres, you'll enjoy stunning views from every direction. The large landscaped yard is perfectly shaded with mature trees for hot summer days. Meander down to your deep water private pier to take a boat ride or throw in your crab pots and enjoy dinner on your screened in porch. An outdoor shower is the perfect way to cool off after a long day on the water. Inside the home, you will enjoy views from every room of the house. On the main floor, you will enjoy the large gathering space that leads to a wonderful screened in porch. Additionally on this level is the kitchen, a bedroom and a remodeled full bathroom. Upstairs you will find three additional bedrooms and a full bath. The house was completely remodeled in 2017 and central heat and a/c added to the second floor in 2021 along with many other lovely upgrades. Currently, the home is being used as an income producing property. The property is fully furnished and ready to continue as a weekly rental property busines. The Oyster House has endless possibilities making it a perfect vacation home, an income producing business or your next forever home. Combs Creek is alive with nature, Blue heron, Osprey. Kayaking and paddle boarding and many opportunities to enjoy nature. Convenient to our vibrant downtown and a short trip to DC and surrounding area’s Agent-owner
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater - High-Efficiency
  • Flooring Type: Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Pantry
  • Window Features: Double Hung
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Upper Floor, Washer In Unit
  • Total Sq Ft: 1664
  • Living Area Sq Ft: 1664
  • Price Per Sq Ft: 381.61
  • Above Grade Finished Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40026

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Awning(s), Outside Shower, Secure Storage, Sidewalks, Chimney Cap(s), Flood Lights, Gutter System, Outbuilding(s)
  • Road Surface Type: Gravel
  • Roof: Metal
  • Spa: No
  • View: Water, Bay, Panoramic, River, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Combs Creek
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 421

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split, Central A/C, Energy Star Cooling System, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Main Entrance Lock
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane, Cable Tv 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: BENJAMIN BANNEKER
  • Middle School: LEONARDTOWN
  • High School: CHOPTICON
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138839208
  • School District Source: Listing Agent
  • Elementary School: BENJAMIN BANNEKER
  • High School: CHOPTICON
  • Middle Or Junior School: LEONARDTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Board
  • Improvement Assessed Value: 48300.00
  • Land Assessed Value: 401900.00
  • Land Use Code: R
  • Lot Features: Cleared, Corner, Landscaping, Level, No Thru Street, Open, Partly Wooded, Private, Rear Yard, Sideyard(s), Stream/Creek
  • Lot Size Acres: 1.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49223.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RPD
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 14987022
  • Tax Annual Amount: 4572.00
  • Assessor Parcel Number: 1903000524
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/17/2023

Multi Family

  • Mean Low Water Feet: 7
  • Waterfront Features: Private Dock Site

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 17, 2023
Sold by
Kais Nest Llc
Bought by
Sauler Elizabeth J and Sauler Jason M
Seller's Agent
Donna Dorsey
TTR Sotheby's International Realty
Buyer's Agent
Daniel Llerena
RLAH @properties
Sold Price
$675,000
Current Estimated Value
$683,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,770
Avg. Annual Appreciation
-0.27%
Original Mortgage
$506,250
Outstanding Balance
$490,258
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$180,572

Purchase Details

Listed on
Jul 26, 2020
Closed on
Aug 14, 2020
Sold by
Casolaro Mario Anthony and Casolaro Jennifer Guzi
Bought by
The Kais Nest Llc
Seller's Agent
Diana Washabaugh
CENTURY 21 New Millennium
Buyer's Agent
Donna Dorsey
TTR Sotheby's International Realty
List Price
$489,000
Sold Price
$490,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%

Purchase Details

Closed on
May 22, 2020
Sold by
Casolaro Mario A and Casolaro Jennifer G
Bought by
Casolaro Mario Anthony and Casolaro Jennifer Guzi

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 31, 2013
Sold by
Casolaro Mario A and Casolaro Jennifer G
Bought by
Casolaro M Anthony M and Casolaro Jennifer G
Seller's Agent
Karen Alford-Brooks
CENTURY 21 New Millennium
Buyer's Agent
Lucy Barbour
CENTURY 21 New Millennium
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Feb 15, 2012
Sold by
Lowen Beal
Bought by
Romanov Gena Lowen and Mcgraw Eliza

Purchase Details

Closed on
Mar 31, 1988
Sold by
Adams Earl T
Bought by
Lowen Beal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.99%
Source: Public Records

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Range of Values:

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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
Sauler Elizabeth J $675,000 --
The Kais Nest Llc $490,000 None Available
Casolaro Mario Anthony -- None Available
Casolaro M Anthony M -- Lsr Title Silences Rest Inc
Casolaro Mario C $320,000 None Available
Romanov Gena Lowen -- None Available
Lowen Beal $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauler Elizabeth J $506,250
Previous Owner Lowen Beal $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $675,000 +37.8% $406 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
08/14/2020 08/14/20 Sold $490,000 +0.2% $294 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $489,000 +52.8% $294 / Sq Ft
10/31/2013 10/31/13 Sold $320,000 -1.5% $192 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $325,000 -- $195 / 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 $5,365 $496,000 $0 $0
2023 $4,971 $473,100 $0 $0
2022 $4,321 $450,200 $401,900 $48,300
2021 $4,728 $449,633 $0 $0
2020 $4,721 $449,067 $0 $0
2019 $4,713 $448,500 $401,900 $46,600
2018 $4,711 $448,500 $401,900 $46,600
2017 $4,692 $448,500 $0 $0
2016 -- $449,700 $0 $0
2015 $5,241 $449,700 $0 $0
2014 $5,241 $449,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2011602

Bright MLS

APN: 03-000524