NOT LISTED FOR SALE

40882 Spring House Ln Leonardtown, MD 20650

Estimated Value: $393,000 - $450,000

3 Beds
2.5 Baths
1,650 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $275,000 $167 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,584/month

44 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Beach
  • Wood Burning Stove
  • Leonardtown Middle School Rated A-
  • Deck
  • Traditional Floor Plan

About This Home

As of April 2016

Home shows super!! Excellent condition. Very well kept 3 bedroom, 2 car garage, fireplace , deck, fenced yard. Basement is finished. Water access within walking distance, as well as the golf course. Brand new heat pump in 2013, new septic 2013, remodeled kitchen to open to living and dining room. Lots of storage in pull down attic. $32,000 swim spa to convey.

Last Agent to Sell the Property

Karen Alford-Brooks

CENTURY 21 New Millennium Listed on: 01/20/2016

CENTURY 21 New Millennium

Co-Listed By

Lucy Barbour

CENTURY 21 New Millennium License #521337

Last Buyer's Agent

Barbara Stellway

KW Metro Center License #528729

KW Metro Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1979 | Remodeled in 2013

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned RNC

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Free Parking
  • Front Facing Garage
  • Driveway

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wood Burning Stove
  • Screen For Fireplace
  • Fireplace Mantel
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck
  • Outdoor Storage

Schools

  • Leonardtown Middle School
  • Leonardtown High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • Society Hill Subdivision, Split Foyer Floorplan

Listing and Financial Details

  • Tax Lot 168
  • Assessor Parcel Number 1903027295

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,150

Year Built

Built in 1979 | Remodeled in 2013

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1979
  • Year Renovated: 2013
  • Remarks Public: Home shows super!! Excellent condition. Very well kept 3 bedroom, 2 car garage, fireplace , deck, fenced yard. Basement is finished. Water access within walking distance, as well as the golf course. Brand new heat pump in 2013, new septic 2013, remodeled kitchen to open to living and dining room. Lots of storage in pull down attic. $32,000 swim spa to convey.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Daylight, Partial, Full, Fully Finished, Heated, Improved, Walkout Level, Walkout Stairs, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 169.64
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40882

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Secure Storage, Private Beach
  • Pool Private: No
  • Roof: Asphalt
  • 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
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Free, Garage, Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Wood, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Multiple Phone Lines
  • 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
  • Middle School: LEONARDTOWN
  • High School: LEONARDTOWN
  • School District Key: 121138839208
  • High School: LEONARDTOWN
  • Middle Or Junior School: LEONARDTOWN

Lot Info

  • Fencing: Rear
  • Lot Size Acres: 0.39
  • Lot Size Area: 17200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17200.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2010
  • Zoning: RNC

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 1903027295
  • Tax Lot: 168
  • Tax Total Finished Sq Ft: 1184
  • Close Date: 04/22/2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Apr 22, 2016
Sold by
Xavier Scott A and Xavier Alissa B
Bought by
Briggs Dennis J and Briggs Aubrey E
Seller's Agent
Karen Alford-Brooks
CENTURY 21 New Millennium
Buyer's Agent
Barbara Stellway
KW Metro Center
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$425,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,159
Avg. Annual Appreciation
4.73%
Original Mortgage
$265,375
Outstanding Balance
$213,017
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$210,311

Purchase Details

Closed on
Sep 18, 2013
Sold by
Bailey Mickey M and Bailey Martha
Bought by
Xavier Scott A and Xavier Alissa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Catheart Charles E and Catheart Priscilla A
Bought by
Bailey Mickey M and Bailey Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1986
Sold by
Spence William Autry
Bought by
Cathcart Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
10.04%

Purchase Details

Closed on
Nov 30, 1982
Sold by
Brown John Edward
Bought by
Spence William Autry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
13.77%
Source: Public Records

Range of Values:

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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
Briggs Dennis J $275,000 Bridgeview Title Llc
Xavier Scott A $232,000 None Available
Bailey Mickey M $225,000 Bay County Title & Escrow Ll
Cathcart Charles E $90,000 --
Spence William Autry $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briggs Dennis J $265,375
Previous Owner Xavier Scott A $185,600
Previous Owner Bailey Mickey M $180,000
Previous Owner Cathcart Charles E $366,463
Previous Owner Cathcart Charles E $98,436
Previous Owner Cathcart Charles E $90,900
Previous Owner Spence William Autry $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $275,000 -1.8% $167 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/22/2016 02/22/16 Price Changed $279,900 -3.4% $170 / Sq Ft
01/21/2016 01/21/16 For Sale $289,900 +5.4% $176 / Sq Ft
01/20/2016 01/20/16 Off Market $275,000 -- --
01/20/2016 01/20/16 For Sale $289,900 -- $176 / 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 $3,150 $329,100 $110,300 $218,800
2024 $3,150 $313,233 $0 $0
2023 $2,962 $297,367 $0 $0
2022 $2,869 $281,500 $110,300 $171,200
2021 $2,783 $270,433 $0 $0
2020 $2,699 $259,367 $0 $0
2019 $2,618 $248,300 $100,300 $148,000
2018 $2,556 $242,433 $0 $0
2017 $2,477 $236,567 $0 $0
2016 -- $230,700 $0 $0
2015 $2,202 $230,700 $0 $0
2014 $2,202 $230,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003676717

Bright MLS

APN: 03-027295