NOT LISTED FOR SALE

48804 Park Pines Dr Lexington Park, MD 20653

Estimated Value: $575,000 - $742,000

15 Acres
$43,239 Price per Acre
658,627 Sq Ft Lot

Last Sold March 06, 2020

Last sale price $125,000

Est. 423% increase in value since last sale

Current estimated payment $3,620/month

19 Days on Market

Highlights

  • View of Trees or Woods
  • Secluded Lot
  • No HOA
  • 15.12 Acre Lot
  • Backs to Trees or Woods
  • Heating Available

About This Lot

As of March 2020

What a rare find!! Almost 15 acres for your own private enjoyment, this property includes a septic system, functioning well and electricity. The owners began building a home several years ago and then could not complete it. Instead they put a trailer on the property and rented out the trailer (It is now vacant) But there is a well, septic and electric already established on this property. Bring your site plans and get to work!!

Last Agent to Sell the Property

Ron Lord

Home Towne Real Estate License #323184 Listed on: 01/31/2020

Home Towne Real Estate

Last Buyer's Agent

Florentina Killian

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,021

Lot Details

  • 15.12 Acre Lot
  • Secluded Lot
  • Backs to Trees or Woods
  • Subdivision Possible
  • Property is zoned RPD

Property Views

  • Views of Woods

Utilities

  • Well
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1901027662

Property Details

Property Type

Land

Est. Annual Taxes

$2,021

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: What a rare find!! Almost 15 acres for your own private enjoyment, this property includes a septic system, functioning well and electricity. The owners began building a home several years ago and then could not complete it. Instead they put a trailer on the property and rented out the trailer (It is now vacant) But there is a well, septic and electric already established on this property. Bring your site plans and get to work!!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.19
  • Street Number Modifier: 48804

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 5900.00
  • Land Use Code: 010
  • Lot Features: Backs To Trees, Secluded, Subdivision Possible
  • Lot Size Acres: 15.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 658627.00
  • Year Assessed: 2019
  • Zoning: RPD
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14983363
  • Tax Annual Amount: 2021.00
  • Assessor Parcel Number: 1901027662
  • Tax Page Number: 72
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/06/2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Lyons C & R Llc
Bought by
Julian Matthew John and Martinez Diana L
Current Estimated Value
$653,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,317
Outstanding Balance
$535,347
Interest Rate
6.33%
Estimated Equity
$118,433

Purchase Details

Closed on
Jun 21, 2022
Sold by
Jasso Salinas Leonardo
Bought by
Lyons C & R Llc

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 6, 2020
Sold by
Shorback Doris Frances
Bought by
Salinas Leonardo Jasso
Seller's Agent
Ron Lord
Home Towne Real Estate
Buyer's Agent
Florentina Killian
CENTURY 21 New Millennium
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
35.54%
Original Mortgage
$112,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1980
Sold by
Millison J Lawrence
Bought by
Shorback Charles William and Doris Frances
Source: Public Records

Range of Values:

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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
Julian Matthew John $595,400 Maryland Trust Title
Lyons C & R Llc -- Wiest Samuel H
Salinas Leonardo Jasso $125,000 Bay County T&E Llc
Shorback Charles William $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julian Matthew John $553,317
Previous Owner Salinas Leonardo Jasso $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $125,000 0.0% --
02/19/2020 02/19/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $125,000 -- --
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 $694 $537,333 $0 $0
2024 $694 $486,867 $0 $0
2023 $682 $436,400 $185,600 $250,800
2022 $4,606 $435,300 $0 $0
2021 $2,063 $184,967 $0 $0
2020 $2,026 $181,500 $175,600 $5,900
2019 $2,024 $181,500 $175,600 $5,900
2018 $2,022 $181,500 $175,600 $5,900
2017 $2,022 $183,400 $0 $0
2016 -- $173,333 $0 $0
2015 $2,098 $163,267 $0 $0
2014 $2,098 $153,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM167258

Bright MLS

APN: 01-027662