NOT LISTED FOR SALE

48123 Peachtree Way Lexington Park, MD 20653

Estimated Value: $316,000 - $339,000

3 Beds
2 Baths
1,248 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $272,000 $218 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,807/month

4 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

OPEN HOUSE SUNDAY JANUARY 15TH FROM 2-4 P.M. Location, Location, Location! This super cute rambler located just minutes from PAX river is ready for it's next owner. Beautiful new vinyl flooring, new carpeting and freshly painted. All you need to do is move in! The property offers over 2 acres along with a fenced in yard, large front porch and two storage sheds for your convenience. Located at the end of a cul-de-sac makes it ideal for privacy. Close to shopping and restaurants, you won't want to miss this property.

Last Agent to Sell the Property

Lee Hayes

RE/MAX Closers Listed on: 01/11/2023

RE/MAX Closers

Co-Listed By

Carolyn Wojcik

RE/MAX Closers

Last Buyer's Agent

Michelle Pagan

Coldwell Banker Jay Lilly Real Estate License #611353

Coldwell Banker Jay Lilly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1992

Lot Details

  • 2.41 Acre Lot
  • Property is zoned RPD, Rural Preservation

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1908086842

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: OPEN HOUSE SUNDAY JANUARY 15TH FROM 2-4 P.M. Location, Location, Location! This super cute rambler located just minutes from PAX river is ready for it's next owner. Beautiful new vinyl flooring, new carpeting and freshly painted. All you need to do is move in! The property offers over 2 acres along with a fenced in yard, large front porch and two storage sheds for your convenience. Located at the end of a cul-de-sac makes it ideal for privacy. Close to shopping and restaurants, you won't want to miss this property.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 208.25
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48123

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 68200.00
  • Land Assessed Value: 117000.00
  • Land Use Code: R
  • Lot Size Acres: 2.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104980.00
  • Year Assessed: 2022
  • Zoning: RPD
  • Zoning Description: Rural Preservation
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15010860
  • Tax Annual Amount: 1925.00
  • Assessor Parcel Number: 1908086842
  • Tax Page Number: 608
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/28/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 28, 2023
Sold by
Jbn Realty Investment Inc
Bought by
Sharpe Tiffany
Seller's Agent
Lee Hayes
RE/MAX Closers
Buyer's Agent
Michelle Pagan
Coldwell Banker Jay Lilly Real Estate
List Price
$259,900
Sold Price
$272,000
Premium/Discount to List
$12,100
4.66%
Views
46
Current Estimated Value
$327,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,394
Avg. Annual Appreciation
7.09%
Original Mortgage
$272,000
Outstanding Balance
$263,408
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$58,275

Purchase Details

Closed on
Nov 30, 2022
Sold by
Clarke Norma Marie
Bought by
Jbn Realty Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.9%

Purchase Details

Closed on
Sep 23, 2014
Sold by
Clarke William Kent and Clarke Norma Marie
Bought by
Clarke Norma Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1992
Sold by
Heritage Manor Homes
Bought by
Clarke William Kent and Norma Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.96%

Purchase Details

Closed on
Sep 30, 1988
Sold by
Field Rollin A
Bought by
Heritage Manor Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
10.42%
Source: Public Records

Range of Values:

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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
Sharpe Tiffany $272,000 --
Jbn Realty Investment Inc $120,000 --
Clarke Norma Marie -- Maryland Trust Title & Escro
Clarke William Kent $20,000 --
Heritage Manor Homes $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharpe Tiffany $272,000
Previous Owner Jbn Realty Investment Inc $150,000
Previous Owner Clarke Norma Marie $113,000
Previous Owner Clarke William Kent $75,000
Previous Owner Heritage Manor Homes $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $272,000 +4.7% $218 / Sq Ft
01/11/2023 01/11/23 For Sale $259,900 -- $208 / 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 $162 $212,233 $0 $0
2023 $2,118 $185,200 $117,000 $68,200
2022 $2,083 $182,133 $0 $0
2021 $2,049 $179,067 $0 $0
2020 $2,015 $176,000 $112,000 $64,000
2019 $1,999 $174,733 $0 $0
2018 $1,984 $173,467 $0 $0
2017 $1,941 $172,200 $0 $0
2016 -- $172,200 $0 $0
2015 $1,730 $172,200 $0 $0
2014 $1,730 $178,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Hayes

    Seller's Agent in 2023

    Lee Hayes

    RE/MAX

    (571) 221-5692

    25 Total Sales

    Section Image
  • Carolyn Wojcik

    Seller Co-Listing Agent in 2023

    Carolyn Wojcik

    RE/MAX

    (301) 651-7250

    19 Total Sales

    Section Image
  • Michelle Pagan

    Buyer's Agent in 2023

    Michelle Pagan

    Coldwell Banker Jay Lilly Real Estate

    (301) 792-8925

    32 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDSM2011206

Bright MLS

APN: 08-086842

Maryland St Marys County Lexington Park 20653

48123 Peachtree Way, Lexington Park, MD

This home is located at 48123 Peachtree Way, Lexington Park, MD 20653 since 11 January 2023 and is currently estimated at $327,394, approximately $262 per square foot. This property was built in 1992. 48123 Peachtree Way is a home located in St. Mary's County with nearby schools including Park Hall Elementary School, Spring Ridge Middle School, and Great Mills High School.

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