NOT LISTED FOR SALE

Estimated Value: $239,000 - $267,000

2 Beds
1 Bath
700 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $240,000 $343 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,549/month

4 Days on Market

Highlights

  • No HOA
  • Cottage
  • Electric Baseboard Heater
  • Leonardtown High School Rated A-
  • Ceiling Fan

About This Home

As of September 2023

Charming 2 bdrm/1 bath cottage in Piney Point only one street away from the captivating banks of the Potomac River! This property isn't just a home; it's a potential revenue stream. Enjoy the fiery sunsets of the Potomac from the front porch and spend summer evenings relaxing on the private screened in back porch! Whether you're looking for a tranquil retreat, a savvy investment opportunity, or a perfect blend of both, this home is a hidden gem. Already established as a popular short-term rental, the transition can be seamless for those looking to tap into the lucrative vacation rental market. Proximity to the Potomac River, nearby public boat ramp, the popular Ruddy Duck and Piney Point Lighthouse Beach Park provide an array of recreational opportunities – from morning walks with riverside views to romantic sunset dinners to weekend water adventures. This cozy bungalow features kitchen and bath renovations completed in 2021, quartz countertops in the kitchen, wood floors throughout and the roof was replaced in 2022! There's a shed for storage needs and washer/dryer convey as well! Book your showing today to discover the charm and opportunity of the "Beach Hive" for yourself!!!

Last Agent to Sell the Property

Charlotte Long

EXP Realty, LLC License #655003 Listed on: 08/14/2023

EXP Realty, LLC

Last Buyer's Agent

Mark Frisco

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1942

Lot Details

  • 4,807 Sq Ft Lot
  • Property is zoned RL

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Piney Point Homes Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 14
  • Assessor Parcel Number 1902006928

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: All contents of home
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 327.14
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 45302

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4807.00
  • Year Assessed: 2023
  • Zoning: RL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 20000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1503.00
  • Assessor Parcel Number: 1902006928
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/22/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 19, 2023
Sold by
Long Charlotte D
Bought by
Jerow Michelle Ann
Seller's Agent
Charlotte Long
EXP Realty, LLC
Buyer's Agent
Mark Frisco
CENTURY 21 New Millennium
List Price
$229,000
Sold Price
$240,000
Premium/Discount to List
$11,000
4.8%
Views
145
Current Estimated Value
$254,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,084
Avg. Annual Appreciation
1.01%
Original Mortgage
$204,000
Outstanding Balance
$200,943
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$43,768

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 5, 2021
Sold by
Kendrick Anita E and Evans Anita E
Bought by
Burgan Matthew Alden
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Matthew Burgan
Infinitas Realty Group
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.15%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Eichner David Kyle
Bought by
Evans Anita E S and Evans O

Purchase Details

Closed on
Dec 28, 1984
Sold by
Eichmer Donald O
Bought by
Eichner David Kyle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jerow Michelle Ann $240,000 Interstate Title
Burgan Matthew Alden $52,000 Lighthouse Title
Evans Anita E S $73,750 --
Eichner David Kyle $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerow Michelle Ann $204,000
Previous Owner Evans Anita $88,434
Closed Evans Anita E S --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $240,000 +4.8% $343 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $229,000 +14.5% $327 / Sq Ft
05/09/2022 05/09/22 Sold $200,000 0.0% $286 / Sq Ft
03/26/2022 03/26/22 For Sale $200,000 +60.0% $286 / Sq Ft
03/05/2021 03/05/21 Sold $125,000 0.0% $179 / Sq Ft
03/05/2021 03/05/21 For Sale $125,000 -- $179 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
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 $1,981 $195,500 $90,000 $105,500
2024 $1,981 $177,733 $0 $0
2023 $1,791 $159,967 $0 $0
2022 $1,365 $142,200 $90,000 $52,200
2021 $1,580 $140,333 $0 $0
2020 $1,558 $138,467 $0 $0
2019 $1,536 $136,600 $85,000 $51,600
2018 $1,535 $136,600 $85,000 $51,600
2017 $1,487 $136,600 $0 $0
2016 $1,513 $143,000 $0 $0
2015 $1,513 $142,033 $0 $0
2014 $1,513 $141,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDSM2014754

Bright MLS

APN: 02-006928