NOT LISTED FOR SALE

40707 Colonial Ct Mechanicsville, MD 20659

Estimated Value: $691,893 - $740,000

5 Beds
3.5 Baths
3,642 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $610,000 $167 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,217/month

2 Days on Market

Highlights

  • Open Floorplan
  • Dual Staircase
  • Deck
  • Oakville Elementary School Rated A-
  • Colonial Architecture
  • Wood Burning Stove

About This Home

As of August 2022

Beautiful 5 Bedroom 3.5 Bath Colonial on 4.69 Private Acres!!! Just under 4,000 finished sq ft on the 1st and 2nd floor of this home! This home features 2 Master Bedrooms with one of them on the main level, HUGE bedrooms that all have walk in closets, huge custom kitchen with granite counters and cabinets galore, huge pantry, hardwood floors on the first floor, 2 car attached garage, tons of storage, covered rear deck and so much more. The 5th huge bedroom upstairs has a separate set of stairs that lead to it off of the garage or can be accessed off of the upstairs master bedroom. This 5th bedroom is a huge room and can be used for whatever you need it for! If you are looking for space and privacy this one is for you!!! These custom built homes are hard to find!! A must see!!! DO NOT MISS out on this one!!!

Last Agent to Sell the Property

DJ Brady

EXP Realty, LLC License #655002 Listed on: 07/09/2022

EXP Realty, LLC

Last Buyer's Agent

DJ Brady

EXP Realty, LLC License #655002 Listed on: 07/09/2022

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 2005

Lot Details

  • 4.69 Acre Lot
  • Property is zoned RPD

Parking

  • 2 Car Direct Access Garage
  • 8 Driveway Spaces
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Combination Kitchen and Living
  • Formal Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Rough-In Basement Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Chopticon High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Colonial Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1906056148

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,550

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-07-09
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wood Floors, Stove - Wood
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level, Rough Bath Plumb, Interior Access
  • Laundry Type: Main Floor
  • Total Sq Ft: 4782
  • Living Area Sq Ft: 3642
  • Price Per Sq Ft: 164.47
  • Above Grade Finished Sq Ft: 3642
  • Below Grade Sq Ft: 1140
  • Total Below Grade Sq Ft: 1140
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40707

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned, Electric
  • Heating Type: Heat Pump(s), Wood Burn Stove
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Septic Exists
  • 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
  • High School: CHOPTICON
  • High School Source: Listing Agent
  • School District Key: 121138839208
  • School District Source: Listing Agent
  • High School: CHOPTICON

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 4.69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 204296.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2022
  • Zoning: RPD
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4550.00
  • Assessor Parcel Number: 1906056148
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 3642
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/10/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 10, 2022
Sold by
Griffin David W
Bought by
Banagan Kevin M and Banagan Sarah E
Seller's Agent
DJ Brady
EXP Realty, LLC
Buyer's Agent
DJ Brady
EXP Realty, LLC
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
$704,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,884
Avg. Annual Appreciation
5.50%
Original Mortgage
$579,500
Outstanding Balance
$554,778
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$161,945
Source: Public Records

Range of Values:

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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
Banagan Kevin M $610,000 Lighthouse Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banagan Kevin M $579,500
Previous Owner Griffin David W $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $610,000 +1.8% $167 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $599,000 -- $164 / 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 $5,706 $526,033 $0 $0
2023 $5,290 $486,767 $0 $0
2022 $4,820 $447,500 $120,100 $327,400
2021 $4,706 $436,700 $0 $0
2020 $4,592 $425,900 $0 $0
2019 $4,477 $415,100 $115,600 $299,500
2018 $4,423 $410,033 $0 $0
2017 $4,351 $404,967 $0 $0
2016 -- $399,900 $0 $0
2015 $4,698 $399,900 $0 $0
2014 $4,698 $399,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2008276

Bright MLS

APN: 06-056148