NOT LISTED FOR SALE

40286 Wolfe Dr Mechanicsville, MD 20659

Estimated Value: $346,000 - $366,009

3 Beds
2 Baths
1,086 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $259,900 $239 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,163/month

44 Days on Market

Highlights

  • Beach
  • Water Oriented
  • Attic
  • Pier or Dock
  • Rambler Architecture
  • Upgraded Countertops

About This Home

As of November 2019

This beautiful home is newly renovated and move-in ready. It was taken down to the studs then rebuilt to include a new master suite with full bathroom, electrical heavy-up & wiring, pex plumbing tubes & PVC main waste line from the home to the septic tank, heat pump & ductwork, and insulation. The detached building has a new roof & siding, freshly painted exterior, new electricity, newly built & fully insulated bonus office/studio with tile flooring, and two separate garages with new doors on openers. Additional home features include soft close drawers & cabinets throughout, stainless steel appliances, granite countertops, WiFi enabled French door refrigerator, convection oven, porcelain tile, engineered bamboo floors, recessed lights, ceiling fans on remote controls, front load washer/dryer, water softener, water filter, water UV light, plush carpet, new siding & gutters, double pane windows, built-in USB charging ports, and newly installed landscaping that includes native trees. All work and systems were permitted & approved through the county. This home is eligible for USDA financing. Owner is a licensed real estate agent.

Last Agent to Sell the Property

Denise Shearin

(301) 375-0375 realty@deniseshearin.com Samson Properties License #630412 Listed on: 09/01/2019

Samson Properties

Last Buyer's Agent

Amy Gallo

(240) 508-6074 amy@RealtorAmyGallo.com RE/MAX One License #659077

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1957 | Remodeled in 2019

Lot Details

  • 0.38 Acre Lot
  • Property is in very good condition
  • Property is zoned RNC

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Frame Construction
  • Batts Insulation
  • Shingle Roof
  • Vinyl Siding
  • Copper Plumbing
  • CPVC or PVC Pipes
  • Tile

Interior Spaces

  • 1,086 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Double Hung Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Utility Room
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Office or Studio

Schools

  • Lettie Marshall Dent Elementary School
  • Margaret Brent Middle School
  • Chopticon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Septic Tank

Additional Features

  • No Interior Steps
  • Energy-Efficient Appliances

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 1905007259

Community Details

Overview

  • Association fees include common area maintenance
  • Bemanco HOA, Phone Number (301) 884-3622
  • Golden Beach Subdivision

Recreation

  • Pier or Dock
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,931

Year Built

Built in 1957 | Remodeled in 2019

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Year Renovated: 2019
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading, Water Heater, Water Conditioner - Owned, Energy Efficient Appliances, Exhaust Fan
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Kitchen - Country, Primary Bath(s), Pantry, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Double Hung, Double Pane, Screens, Vinyl Clad
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry, Utility Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1086
  • Living Area Sq Ft: 1086
  • Price Per Sq Ft: 239.32
  • Above Grade Finished Sq Ft: 1086
  • Above Grade Finished Area Units: Square Feet

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
  • Other Structures List: Garage(s), Office/Studio
  • Construction Materials: Batts Insulation, Block, Copper Plumbing, Cpvc/Pvc, Frame, Tile, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Water Body Name: Patuxent River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: Underground
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup, Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 28.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: BEMANCO
  • HOA Phone: (301) 884-3622
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LETTIE MARSHALL DENT
  • High School: CHOPTICON
  • Middle Or Junior School: MARGARET BRENT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86800.00
  • Land Assessed Value: 99800.00
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16435.00
  • Property Condition: Very Good
  • Zoning: RNC
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14995605
  • Tax Annual Amount: 1931.00
  • Assessor Parcel Number: 1905007259
  • Tax Lot: 90
  • County Tax Payment Frequency: Annually
  • 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
Sep 1, 2019
Closed on
Nov 15, 2019
Sold by
Shearin Denise
Bought by
Smith Virginia J
Seller's Agent
Denise Shearin
Samson Properties
Buyer's Agent
Amy Gallo
RE/MAX One
List Price
$274,900
Sold Price
$259,900
Premium/Discount to List
-$15,000
-5.46%
Current Estimated Value
$357,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,102
Avg. Annual Appreciation
5.39%
Original Mortgage
$267,676
Outstanding Balance
$236,185
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$120,817

Purchase Details

Listed on
Oct 9, 2017
Closed on
Jan 17, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Shearin Denise
Seller's Agent
Taiwo Shodiya
Vylla Home
Buyer's Agent
Denise Shearin
Samson Properties
List Price
$184,900
Sold Price
$98,000
Premium/Discount to List
-$86,900
-47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
228.52%
Original Mortgage
$135,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2017
Sold by
Mcdaniel Francis L and Mcdaniel Cindy L
Bought by
Wilmington Savings Fund Society Fsb and Stanwich Mortgage Loan Trust

Purchase Details

Closed on
Oct 5, 1994
Sold by
Menagh Hb
Bought by
Mcdaniel Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,043
Interest Rate
8.55%

Purchase Details

Closed on
Apr 30, 1985
Sold by
Fortner Ernest Gordon
Bought by
Menagh Harry B

Purchase Details

Closed on
Sep 7, 1978
Sold by
England Edwin R
Bought by
Fortner Ernest Gordon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Virginia J $259,900 Maryland Trust T&E Llc
Shearin Denise $98,000 Capitol Title Ins Agcy
Wilmington Savings Fund Society Fsb $180,000 None Available
Mcdaniel Francis J $84,900 --
Menagh Harry B $51,000 --
Fortner Ernest Gordon $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Virginia J $267,676
Previous Owner Shearin Denise $135,000
Previous Owner Mcdaniel Francis J $86,043
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2019 11/15/19 Sold $259,900 0.0% $239 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $259,900 -2.3% $239 / Sq Ft
09/10/2019 09/10/19 Price Changed $265,900 -3.3% $245 / Sq Ft
09/01/2019 09/01/19 For Sale $274,900 +180.5% $253 / Sq Ft
01/18/2019 01/18/19 Sold $98,000 -13.2% $90 / Sq Ft View Prior Sale
01/01/2019 01/01/19 Pending -- -- --
11/03/2018 11/03/18 Price Changed $112,900 -38.9% $104 / Sq Ft
10/09/2017 10/09/17 For Sale $184,900 -- $170 / 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 $3,373 $302,733 $0 $0
2024 $3,214 $287,900 $106,500 $181,400
2023 $2,828 $254,133 $0 $0
2022 $2,472 $220,367 $0 $0
2021 $2,115 $186,600 $99,800 $86,800
2020 $2,058 $181,267 $0 $0
2019 $2,000 $175,933 $0 $0
2018 $1,932 $170,600 $94,800 $75,800
2017 $1,913 $170,600 $0 $0
2016 -- $170,600 $0 $0
2015 $1,685 $177,200 $0 $0
2014 $1,685 $177,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM164364

Bright MLS

APN: 05-007259