$499,000
SOLD DEC 29, 2023

48418 Princess Ct Lexington Park, MD 20653

4 Beds
2.5 Baths
3,412 Sq Ft
2.26 Acres

Recently Sold

$146 Per Sq Ft

6% Below List Price

74 Days on Market

Highlights

  • Colonial Architecture
  • 8 Car Attached Garage
  • Heat Pump System
  • Community Pool
  • Central Air

About This Home

As of July 2025

BACK ON THE MARKET WITH A PRICE DROP! BUYER FINANCING FELL THROUGH NOT DUE TO APPRAISAL OR INSPECTIONS! `***Private Yard | 2+ Acres | Close to PAX*** Discover the epitome of tranquil living in Lexington Park, Maryland, with this remarkable two-story colonial brick-front home nestled on a secluded 2-plus acre lot in the highly sought-after Saint James community. Embrace the seamless blend of elegance and comfort in this 4-bedroom, 2.5-bath residence, where formal and casual living spaces cater to every occasion. The main level of this home boasts a formal living & dining area, office, eat-in kitchen and a 2-story living room that gleams with natural light. Upstairs, the bedrooms provide restful retreats, including a primary bedroom with walk-in closet and en-suite bathroom. A 2-car attached garage and flat usable yard enhance convenience and outdoor enjoyment. With proximity to PAX River Naval Base and abundant dining, shopping, and entertainment options, this home harmonizes nature, elegance, and convenience for an unmatched lifestyle.

Last Agent to Sell the Property

CHARLENE WILSON

RE/MAX One License #5002370 Listed on: 09/13/2023

RE/MAX One

Co-Listed By

Josh Wilson

RE/MAX One

Last Buyer's Agent

Shawn White

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 2004

Lot Details

  • 2.26 Acre Lot
  • Property is zoned RPD

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Windows

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 1901046039

Community Details

Overview

  • Saint James Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,896

Year Built

Built in 2004

Lot Details

0

HOA Fees

$64 per month

Parking

8

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-13
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Windows, Outside Entrance, Full, Fully Finished
  • Total Sq Ft: 3962
  • Living Area Sq Ft: 3412
  • Price Per Sq Ft: 184.00
  • Above Grade Finished Sq Ft: 2712
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 550
  • Total Below Grade Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48418

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 8.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 770.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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: 2.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98446.00
  • Year Assessed: 2023
  • Zoning: RPD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3896.00
  • Assessor Parcel Number: 1901046039
  • Tax Lot: 67
  • Tax Total Finished Sq Ft: 2712
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/29/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 21, 2023
Sold by
Vazquez Joel
Bought by
West Dennis Michael and West Rebecca Jean
Seller's Agent
CHARLENE WILSON
RE/MAX One
Buyer's Agent
Shawn White
CENTURY 21 New Millennium
List Price
$529,000
Sold Price
$499,000
Premium/Discount to List
-$30,000
-5.67%
Views
221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$396,000
Outstanding Balance
$391,340
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$215,686

Purchase Details

Listed on
Feb 28, 2021
Closed on
Apr 28, 2021
Sold by
Oler Robert and Oler Cori Williams
Bought by
Vazquez Joel
Seller's Agent
Josh Wilson
RE/MAX One
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$459,500
Sold Price
$440,000
Premium/Discount to List
-$19,500
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$450,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 2005
Sold by
Arrowhead Llc
Bought by
Oler Robert and Oler Cori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,846
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $495,000 Lighthouse Title
Deed $450,000 True North T&E Llc
Deed $426,058 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $396,000 New Conventional
Previous Owner $456,100 VA
Previous Owner $450,000 VA
Previous Owner $372,000 VA
Previous Owner $149,500 Stand Alone Second
Previous Owner $99,100 Stand Alone Second
Previous Owner $340,846 Adjustable Rate Mortgage/ARM
Previous Owner $63,908 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Sold $620,000 -3.1% $182 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $640,000 +28.3% $188 / Sq Ft
12/29/2023 12/29/23 Sold $499,000 0.0% $146 / Sq Ft
11/22/2023 11/22/23 Price Changed $499,000 -3.9% $146 / Sq Ft
10/02/2023 10/02/23 Price Changed $519,000 -1.9% $152 / Sq Ft
09/13/2023 09/13/23 For Sale $529,000 +20.2% $155 / Sq Ft
04/28/2021 04/28/21 Sold $440,000 -2.0% $162 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $449,000 -2.3% $166 / Sq Ft
03/06/2021 03/06/21 For Sale $459,500 +4.4% $169 / Sq Ft
02/28/2021 02/28/21 Off Market $440,000 -- --
02/28/2021 02/28/21 For Sale $459,500 -- $169 / 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 $4,639 $426,000 $0 $0
2023 $4,127 $384,800 $136,300 $248,500
2022 $3,982 $377,967 $0 $0
2021 $3,982 $371,133 $0 $0
2020 $3,910 $364,300 $131,300 $233,000
2019 $3,908 $364,300 $131,300 $233,000
2018 $3,906 $364,300 $131,300 $233,000
2017 $3,915 $367,000 $0 $0
2016 $4,243 $360,100 $0 $0
2015 $4,243 $353,200 $0 $0
2014 $4,243 $346,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2014946

Bright MLS

APN: 01-046039