NOT LISTED FOR SALE

40099 Army Way Leonardtown, MD 20650

Estimated Value: $521,000 - $708,000

2 Beds
1 Bath
2,100 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $350,000 $167 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,817/month

437 Days on Market

Highlights

  • 400 Feet of Waterfront
  • 2 Boat Docks
  • Fishing Allowed
  • Leonardtown Middle School Rated A-
  • Pier
  • 2.63 Acre Lot

About This Home

As of September 2019

BACK 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

Beverly Guy

(301) 481-2764 beverly.guy@c21nm.com CENTURY 21 New Millennium License #598996 Listed on: 06/19/2018

CENTURY 21 New Millennium

Last Buyer's Agent

Cynthia Ballard

(240) 925-0259 cindy.ballard@c21nm.com CENTURY 21 New Millennium License #627218

CENTURY 21 New Millennium

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,109

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-06-19
  • Federal Flood Zone: No
  • Year Built: 1961
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 236.19
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete
  • Dock Type: Pier (Perpendicular)
  • View: Creek/Stream, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: COMBS CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Cleared, Irregular, Stream/Creek, Subdivision Possible
  • Lot Size Acres: 2.63
  • Lot Size Area: 114563
  • Lot Dimensions: 2.6 ACRES
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 114563.00
  • Zoning: RPD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Private Dock Site

Tax Info

  • Tax Annual Amount: 7108.69
  • Assessor Parcel Number: 1903008819
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

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

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
$614,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,669
Avg. Annual Appreciation
9.56%
Original Mortgage
$280,000
Outstanding Balance
$44,785
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Estimated Equity
$569,884

Purchase Details

Closed on
Apr 15, 2011
Sold by
Fromm John O
Bought by
Fromm Gregory Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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

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 $6,974 $622,600 $473,400 $149,200
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

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Map

Source: Bright MLS

MLS Number: 1001816980

Bright MLS

APN: 03-008819