40778 S 40 Dr Leonardtown, MD 20650
4
Beds
2
Baths
1,560
Sq Ft
0.46
Acres
Highlights
- Home fronts navigable water
- Water Access
- No HOA
- Leonardtown Middle School Rated A-
- Cape Cod Architecture
- 2 Car Attached Garage
About This Home
As of February 2025Welcome to this beautiful Cape Cod home, offering 4 spacious bedrooms, 2 full baths, and a versatile flex room ideal as a home office or hobby space. Nestled in a sought-after water-access neighborhood, this home is perfect for enjoying both indoor and outdoor living.
Inside, you'll find fresh paint, brand-new carpet, and new flooring throughout. The kitchen boasts of new appliances to include the dishwasher & stove, ensuring a move-in-ready experience. The home also features a newer roof and an oversized two-car garage, providing ample storage and convenience.
Outside, the level lot is adorned with mature trees, offering shade and tranquility. Just a short stroll away, residents can join the voluntary Civic Association to enjoy the private community beach, pier, a kayak launch, and a picnic area. The community also offers access to a nearby public golf course and pool, adding even more recreational opportunities to this idyllic location.
Your new home awaits!
Last Agent to Sell the Property
CENTURY 21 New Millennium License #622796 Listed on: 12/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,896
Year Built
- Built in 1985
Lot Details
- 0.46 Acre Lot
- Home fronts navigable water
- Property is zoned RNC
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Cape Cod Architecture
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,560 Sq Ft Home
- Property has 2 Levels
- Crawl Space
Kitchen
- Electric Oven or Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Access
- Property near a bay
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- $50 Recreation Fee
- Breton Bay Subdivision
Listing and Financial Details
- Tax Lot 240
- Assessor Parcel Number 1903020983
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2024
Closed on
Feb 5, 2025
Sold by
Myers Melinda Sue and Myers Richard
Bought by
Fenwick John A and Fenwick Jessica
Seller's Agent
Tracey Summers
CENTURY 21 New Millennium
Buyer's Agent
Amanda Littleford
Infinitas Realty Group
List Price
$414,980
Sold Price
$414,980
Views
91
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
$1,863
Avg. Annual Appreciation
0.68%
Original Mortgage
$331,984
Outstanding Balance
$331,422
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$84,829
Purchase Details
Closed on
Jun 18, 1997
Sold by
Gossett Danny J and Gossett Valerie Dee
Bought by
Myers Robert E and Myers Melinda S
Purchase Details
Closed on
Mar 31, 1993
Sold by
Barnhill Robert J
Bought by
Gossett Danny J and Valerie Dee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,300
Interest Rate
7.5%
Purchase Details
Closed on
Dec 30, 1985
Sold by
Paragon Properties Inc
Bought by
Barnhill Robert J
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $414,980 | Lighthouse Title | |
| Deed | $147,250 | -- | |
| Deed | $111,900 | -- | |
| Deed | $69,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $331,984 | New Conventional | |
| Previous Owner | $265,600 | New Conventional | |
| Previous Owner | $209,700 | New Conventional | |
| Previous Owner | $254,142 | FHA | |
| Previous Owner | $257,751 | FHA | |
| Previous Owner | $243,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $106,300 | No Value Available | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | Sold | $414,980 | 0.0% | $266 / Sq Ft |
| 12/13/2024 12/13/24 | For Sale | $414,980 | -- | $266 / 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 | $3,145 | $301,767 | $0 | $0 |
| 2023 | $2,958 | $286,933 | $0 | $0 |
| 2022 | $2,865 | $272,100 | $112,000 | $160,100 |
| 2021 | $2,819 | $267,733 | $0 | $0 |
| 2020 | $2,773 | $263,367 | $0 | $0 |
| 2019 | $2,726 | $259,000 | $102,000 | $157,000 |
| 2018 | $2,724 | $258,900 | $0 | $0 |
| 2017 | $2,703 | $258,800 | $0 | $0 |
| 2016 | -- | $258,700 | $0 | $0 |
| 2015 | $2,400 | $258,700 | $0 | $0 |
| 2014 | $2,400 | $258,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracey Summers
Seller's Agent in 2025
Tracey Summers
Century 21 New Millennium
(240) 298-8917
163 Total Sales
-
Amanda Littleford
Buyer's Agent in 2025
Amanda Littleford
Infinitas Realty Group
(240) 577-0158
45 Total Sales
Map
Source: Bright MLS
MLS Number: MDSM2021788
APN: 03-020983
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