NOT LISTED FOR SALE

40807 Spring House Ln Leonardtown, MD 20650

Estimated Value: $537,000 - $630,688

4 Beds
3.5 Baths
3,509 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $560,000 $160 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,569/month

80 Days on Market

Highlights

  • Water Oriented
  • Golf Course View
  • Wood Flooring
  • Leonardtown Middle School Rated A-
  • Colonial Architecture
  • 3-minute walk to Saint Clement Shores Park

About This Home

As of February 2023

This home is an absolute must see! From the moment you drive up, you will be in awe of its beauty. It has been completely remodeled with high-end finishes and attention to detail at every turn. The hardwood flooring throughout gleams, and the new deck is perfect for relaxing. There are two brick fireplaces, one in the family room and one in the finished basement, both begging for cozy fires on chilly winter nights. You will love spending time in the gourmet kitchen with its huge island, granite countertops, and stainless steel appliances. The bathrooms have ceramic tile flooring and beautiful vanities. Views of Breton Bay Golf course! But the best part of this home may be the private beach access (via membership to the Civic Association). Don't miss out on this incredible opportunity - call TODAY for a showing!

Last Agent to Sell the Property

Lisa Van Tassel

Home Towne Real Estate License #612460 Listed on: 10/01/2022

Home Towne Real Estate

Last Buyer's Agent

Jake Sweitzer

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1971 | Remodeled in 2022

Lot Details

  • 0.55 Acre Lot
  • Property is in excellent condition
  • Property is zoned RNC

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • 2 Fireplaces
  • Wood Flooring
  • Golf Course Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Improved Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Society Hill Subdivision

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 1903005348

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

Built in 1971 | Remodeled in 2022

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-10-01
  • Year Built: 1971
  • Year Renovated: 2022
  • Remarks Public: This home is an absolute must see! From the moment you drive up, you will be in awe of its beauty. It has been completely remodeled with high-end finishes and attention to detail at every turn. The hardwood flooring throughout gleams, and the new deck is perfect for relaxing. There are two brick fireplaces, one in the family room and one in the finished basement, both begging for cozy fires on chilly winter nights. You will love spending time in the gourmet kitchen with its huge island, granite countertops, and stainless steel appliances. The bathrooms have ceramic tile flooring and beautiful vanities. Views of Breton Bay Golf course! But the best part of this home may be the private beach access (via membership to the Civic Association). Don't miss out on this incredible opportunity - call TODAY for a showing!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Walkout Level, Improved
  • Total Sq Ft: 3828
  • Living Area Sq Ft: 3509
  • Price Per Sq Ft: 221.39
  • Above Grade Finished Sq Ft: 2552
  • Below Grade Finished Sq Ft: 957
  • Below Grade Sq Ft: 319
  • Total Below Grade Sq Ft: 1276
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40807

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Golf Course
  • Water Access: No
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ST. MARY'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121138839208
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 246700.00
  • Land Assessed Value: 113300.00
  • Land Use Code: R
  • Lot Size Acres: 0.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RNC
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14987355
  • Tax Annual Amount: 3660.00
  • Assessor Parcel Number: 1903005348
  • Tax Lot: 159
  • Tax Page Number: 31
  • Tax Total Finished Sq Ft: 3509
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/24/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Feb 24, 2023
Sold by
Lvt Enterprises Llc
Bought by
Myers Amy Elizabeth and Myers Kenneth
Seller's Agent
Lisa Van Tassel
Home Towne Real Estate
Buyer's Agent
Jake Sweitzer
Compass
List Price
$599,999
Sold Price
$560,000
Premium/Discount to List
-$39,999
-6.67%
Total Days on Market
80
Views
60
Current Estimated Value
$596,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,922
Avg. Annual Appreciation
6.38%
Original Mortgage
$532,000
Outstanding Balance
$519,388
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$124,648

Purchase Details

Closed on
Nov 9, 2021
Sold by
The Glen H Ballowe Revocable Trust
Bought by
Lvt Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1998
Sold by
Ballowe Glen H
Bought by
Ballowe Glen H and Ballowe Mary N

Purchase Details

Closed on
Aug 18, 1987
Sold by
Stotsbery Lawrence E
Bought by
Ballowe Glen H
Source: Public Records

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Range of Values:

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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
Myers Amy Elizabeth $560,000 Charter Title
Lvt Enterprises Llc $242,500 Southern Maryland Title
Ballowe Glen H -- --
Ballowe Glen H Trustee -- --
Ballowe Glen H $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Amy Elizabeth $532,000
Previous Owner Lvt Enterprises Llc $242,500
Previous Owner Lvt Enterprises Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $560,000 -0.9% $160 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $565,000 -1.7% $161 / Sq Ft
10/17/2022 10/17/22 Price Changed $575,000 -4.2% $164 / Sq Ft
10/01/2022 10/01/22 For Sale $599,999 -- $171 / 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 $4,762 $496,400 $0 $0
2023 $4,454 $428,200 $0 $0
2022 $3,759 $360,000 $113,300 $246,700
2021 $3,644 $348,833 $0 $0
2020 $3,528 $337,667 $0 $0
2019 $3,413 $326,500 $103,300 $223,200
2018 $3,411 $326,500 $103,300 $223,200
2017 $3,392 $326,500 $0 $0
2016 -- $336,200 $0 $0
2015 $3,309 $330,533 $0 $0
2014 $3,309 $324,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2009876

Bright MLS

APN: 03-005348