40099 Army Way Leonardtown, MD 20650
Estimated Value: $505,000 - $708,000
2
Beds
1
Bath
2,100
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- 400 Feet of Waterfront
- 2 Boat Docks
- Fishing Allowed
- Leonardtown Middle School Rated A-
- Pier
- Creek or Stream View
About This Home
As of September 2019BACK TO ACTIVE SOON. GREAT OPPORTUNITY AT THIS PRICE. FEASIBILITY PERIOD IS ENDING AND IS NOT GOING TO SETTLE.....$64, 000 REDUCTION on this UNIQUE WATERFRONT PROPERTY. Private location and deep water on Combs Creek. 400+ ft waterfront with direct access to Breton Bay and Potomac River. Two piers. Two cottages and larger home in need of renovation on 2.66 acre parcel. Public sewer to all 3. Two wells (1 shared between 2 cottages) Upscale neighboring homes. A DIAMOND IN THE ROUGH. Combine the foot prints or renovate all three. Potential to subdivide. Rent the 2 cottages while you build your dream home. Owner Financing considered. All offers will be seriously considered.. Listing agent to accompany all showings.
Last Agent to Sell the Property
CENTURY 21 New Millennium License #598996 Listed on: 06/19/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,109
Year Built
- Built in 1961
Lot Details
- 2.63 Acre Lot
- 400 Feet of Waterfront
- Home fronts navigable water
- Creek or Stream
- Irregular Lot
- Cleared Lot
- Backs to Trees or Woods
- Subdivision Possible
- Property is zoned RPD
Parking
- Off-Street Parking
Interior Spaces
- 2,100 Sq Ft Home
- Property has 2 Levels
- Creek or Stream Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Pier
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- 2 Boat Docks
- Deeded Boat Dock
- Stream or River on Lot
- 3 Powered Boats Permitted
- 3 Non-Powered Boats Permitted
Location
- Property is near a creek
Utilities
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1903008819
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2018
Closed on
Sep 30, 2019
Sold by
Fromm Gregory Lee
Bought by
Fleury Peter W and Fleury Mary C
Seller's Agent
Beverly Guy
CENTURY 21 New Millennium
Buyer's Agent
Cynthia Ballard
CENTURY 21 New Millennium
List Price
$560,000
Sold Price
$350,000
Premium/Discount to List
-$210,000
-37.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,384
Avg. Annual Appreciation
9.88%
Original Mortgage
$280,000
Outstanding Balance
$59,368
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Estimated Equity
$540,624
Purchase Details
Closed on
Apr 15, 2011
Sold by
Fromm John O
Bought by
Fromm Gregory Lee
Similar Homes in Leonardtown, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fleury Peter W | $350,000 | None Available | |
| Fromm Gregory Lee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fleury Peter W | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $350,000 | -29.4% | $167 / Sq Ft |
| 01/25/2019 01/25/19 | Price Changed | $496,000 | -11.4% | $236 / Sq Ft |
| 01/14/2019 01/14/19 | For Sale | $560,000 | +60.0% | $267 / Sq Ft |
| 01/01/2019 01/01/19 | Off Market | $350,000 | -- | -- |
| 06/21/2018 06/21/18 | For Sale | $560,000 | +60.0% | $267 / Sq Ft |
| 06/19/2018 06/19/18 | Off Market | $350,000 | -- | -- |
| 06/19/2018 06/19/18 | For Sale | $560,000 | -- | $267 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,726 | $612,033 | $0 | $0 |
| 2023 | $6,417 | $601,467 | $0 | $0 |
| 2022 | $5,671 | $590,900 | $473,400 | $117,500 |
| 2021 | $6,298 | $590,900 | $473,400 | $117,500 |
| 2020 | $6,292 | $590,900 | $473,400 | $117,500 |
| 2019 | $6,637 | $625,300 | $489,400 | $135,900 |
| 2018 | $6,631 | $625,300 | $489,400 | $135,900 |
| 2017 | $6,574 | $625,300 | $0 | $0 |
| 2016 | -- | $627,800 | $0 | $0 |
| 2015 | $7,289 | $627,900 | $0 | $0 |
| 2014 | $7,289 | $627,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Beverly Guy
Seller's Agent in 2019
Beverly Guy
Century 21 New Millennium
(301) 481-2764
8 Total Sales
-
Cynthia Ballard
Buyer's Agent in 2019
Cynthia Ballard
Century 21 New Millennium
(240) 925-0259
89 Total Sales
Map
Source: Bright MLS
MLS Number: 1001816980
APN: 03-008819
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