NOT LISTED FOR SALE

46516 Midway Dr Lexington Park, MD 20653

Estimated Value: $205,000 - $221,813

3 Beds
1.5 Baths
1,012 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $183,600 $181 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,272/month

14 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Central Heating

About This Home

As of January 2023

Cute home in Lexington Park. Currently rented for $1800.00 a month. NET approximately $18,000 a year!
Current lease still has 11 months on it, so enjoy this great investment!

Last Agent to Sell the Property

Patrick Dugan

(240) 577-1496 patrick4homes@gmail.com O'Brien Realty ERA Powered Listed on: 12/08/2022

O'Brien Realty ERA Powered

Last Buyer's Agent

Cheryl Waldon

(703) 798-5979 cheryl.waldon@exprealty.com Real Broker, LLC License #5010664

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1971

Lot Details

  • 6,971 Sq Ft Lot
  • Property is zoned RNC

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation

Interior Spaces

  • 1,012 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • Great Mills High School

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Patuxent Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1908019290

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,089

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1012
  • Living Area Sq Ft: 1012
  • Price Per Sq Ft: 182.81
  • Above Grade Finished Sq Ft: 1012
  • 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
  • Construction Materials: Block
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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 Source: Listing Agent
  • High School: GREAT MILLS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 53500.00
  • Land Assessed Value: 52100.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6971.00
  • Zoning: RNC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15006994
  • Tax Annual Amount: 1089.00
  • Assessor Parcel Number: 1908019290
  • Tax Lot: 1
  • Tax Page Number: 245
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • 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
Dec 8, 2022
Closed on
Jan 23, 2023
Sold by
Patuxent Properties Llc
Bought by
Waldon Properties Llc
Seller's Agent
Patrick Dugan
O'Brien Realty ERA Powered
Buyer's Agent
Cheryl Waldon
Real Broker, LLC
List Price
$185,000
Sold Price
$183,600
Premium/Discount to List
-$1,400
-0.76%
Views
116
Current Estimated Value
$213,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,853
Avg. Annual Appreciation
5.49%
Original Mortgage
$133,200
Outstanding Balance
$128,859
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$84,594

Purchase Details

Closed on
Dec 13, 2017
Sold by
Petty Lawrence T
Bought by
Patuxent Properties Llc

Purchase Details

Closed on
Jan 19, 2011
Sold by
Mcdaniel Willie Ray and Mcdaniel Mary L
Bought by
Patuxent Properties Llc

Purchase Details

Closed on
Jul 2, 1992
Sold by
Franzen Marvin C
Bought by
Mcdaniel Willie Ray and Mcdaniel Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,750
Interest Rate
8.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Waldon Properties Llc $183,600 Commonwealth Land Title
Waldon Properties Llc $183,600 Commonwealth Land Title
Patuxent Properties Llc -- None Available
Petty Lawrence T -- None Available
Patuxent Properties Llc $65,000 --
Mcdaniel Willie Ray $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldon Properties Llc $133,200
Closed Waldon Properties Llc $133,200
Previous Owner Mcdaniel Willie Ray $70,750
Closed Patuxent Properties Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $183,600 -0.8% $181 / Sq Ft
12/08/2022 12/08/22 For Sale $185,000 0.0% $183 / Sq Ft
11/01/2013 11/01/13 Rented $1,050 -4.5% --
10/24/2013 10/24/13 Under Contract -- -- --
09/13/2013 09/13/13 For Rent $1,100 +2.3% --
07/08/2013 07/08/13 Rented $1,075 -25.9% --
07/08/2013 07/08/13 Under Contract -- -- --
03/14/2013 03/14/13 For Rent $1,450 -- --
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 $1,764 $157,000 $0 $0
2024 $1,490 $131,300 $0 $0
2023 $1,216 $105,600 $52,100 $53,500
2022 $1,188 $103,067 $0 $0
2021 $1,159 $100,533 $0 $0
2020 $1,130 $98,000 $47,600 $50,400
2019 $1,128 $98,000 $47,600 $50,400
2018 $1,127 $98,000 $47,600 $50,400
2017 $1,154 $103,000 $0 $0
2016 -- $103,000 $0 $0
2015 $1,640 $103,000 $0 $0
2014 $1,640 $134,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2010804

Bright MLS

APN: 08-019290