NOT LISTED FOR SALE

40862 Spring House Ln Leonardtown, MD 20650

Estimated Value: $390,000 - $412,151

3 Beds
1.5 Baths
2,055 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $375,000 $182 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,384/month

9 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Canoe or Kayak Water Access
  • Leonardtown Middle School Rated A-
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of June 2023

Don't miss this large Rambler in water privileged community of Breton Bay! Situated in the Leonardtown school district, it's close to everything yet away from the hustle and bustle. You will love the layout with lots of room inside and out. Enjoy hardwood floors throughout and tons of upgrades including granite counters and stainless appliances. Enjoy a park like setting in the backyard with terraced garden areas, a large shed, and everything is fenced which is great for pets or kids. The home has been pre-home inspected and the seller has taken great care of this home. It won't last so come see it before it's gone!!

Last Agent to Sell the Property

Brian Mayer

(443) 624-9398 brian@themayergroup.net Real Broker, LLC Listed on: 05/18/2023

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 1962

Lot Details

  • 0.5 Acre Lot
  • Home fronts navigable water
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Back Yard Fenced, Front and Side Yard
  • Property is zoned RNC

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,055 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Lake Privileges
  • Patio
  • Shed
  • Outbuilding
  • Playground
  • Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 1903001512

Community Details

Overview

  • No Home Owners Association
  • Breton Bay Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Golf Course Membership Available
  • Volleyball Courts
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Washer, Dryer, Dishwasher, Exhaust Fan, Refrigerator, Icemaker, Oven/Range - Electric
  • Flooring Type: Hardwood, Laminated, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Primary Bath(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Sun/Florida Room, Laundry, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2055
  • Living Area Sq Ft: 2055
  • Price Per Sq Ft: 177.57
  • Above Grade Finished Sq Ft: 2055
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s), Play Area
  • Roof: Shingle
  • Spa: No
  • Water Access Features: Swimming Allowed, Waterski/Wakeboard, Sail, Personal Watercraft (PWC), Fishing Allowed, Canoe/Kayak, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Breton Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Golf Course Membership Available, Picnic Area, Pier/Dock, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Chain Link, Wood, Rear
  • Lot Features: Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: RNC
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2515.00
  • Assessor Parcel Number: 1903001512
  • Tax Lot: 166
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 26, 2023
Sold by
Lee Christen R
Bought by
Jones Bridgett R
Seller's Agent
Brian Mayer
Real Broker, LLC
List Price
$364,900
Sold Price
$375,000
Premium/Discount to List
$10,100
2.77%
Views
85
Current Estimated Value
$402,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,288
Avg. Annual Appreciation
2.93%
Original Mortgage
$363,750
Outstanding Balance
$354,409
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$47,879

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 24, 2020
Sold by
Mcgrath Lisa
Bought by
Getscher Christen R
Seller's Agent
Brooke Matthews
RE/MAX One
Buyer's Agent
Brian Mayer
Real Broker, LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$303,030
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Mcgrath Lisa and Spring Gisela
Bought by
Mcgrath Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,488
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2007
Sold by
Dean Kenneth E
Bought by
Mcgrath Lisa and Mcgrath Gisela Spring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,255
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2007
Sold by
Dean Kenneth E
Bought by
Mcgrath Lisa and Mcgrath Gisela Spring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,255
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1997
Sold by
Richardson Steven W
Bought by
Dean Kenneth E
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
Jones Bridgett R $375,000 Lakeside Title
Getscher Christen R $300,000 North American Title
Mcgrath Lisa -- --
Mcgrath Lisa $310,000 --
Mcgrath Lisa $310,000 --
Dean Kenneth E $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Bridgett R $363,750
Previous Owner Getscher Christen R $303,030
Previous Owner Mcgrath Lisa $239,488
Previous Owner Mcgrath Lisa $220,255
Previous Owner Mcgrath Lisa $220,255
Closed Dean Kenneth E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $375,000 +2.8% $182 / Sq Ft
05/18/2023 05/18/23 For Sale $364,900 +21.6% $178 / Sq Ft
11/25/2020 11/25/20 Sold $300,000 0.0% $167 / Sq Ft View Prior Sale
10/15/2020 10/15/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $299,900 -- $167 / 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 $3,197 $314,400 $112,500 $201,900
2024 $3,032 $292,033 $0 $0
2023 $2,842 $269,667 $0 $0
2022 $2,613 $247,300 $112,500 $134,800
2021 $2,545 $240,800 $0 $0
2020 $2,477 $234,300 $0 $0
2019 $2,409 $227,800 $102,500 $125,300
2018 $2,407 $227,800 $102,500 $125,300
2017 $2,388 $227,800 $0 $0
2016 $2,431 $235,600 $0 $0
2015 $2,431 $234,700 $0 $0
2014 $2,431 $233,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2013344

Bright MLS

APN: 03-001512