NOT LISTED FOR SALE

48965 Spring Ridge Rd Lexington Park, MD 20653

Estimated Value: $395,000 - $534,000

3 Beds
2 Baths
840 Sq Ft
$524/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $280,000 $333 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,695/month

19 Days on Market

Highlights

  • Water Views
  • Water Access
  • Rambler Architecture
  • Home fronts navigable water
  • Sandy Beach
  • 1 Fireplace

About This Home

As of August 2014

Great year round home on the Chesapeake Bay. Protected by large Rip Rap for storms yet has nice Sandy beach access. Septic fields and tank replaced 2001. Separate shed or work shop, main yard fenced. Home is ready for a buyer! Sunrises are incredible not to mention the fishing, crabbing, and vacation lifestyle! Come check it out.

Last Agent to Sell the Property

Bradley Franzen/Retired

Franzen Realtors, Inc. Listed on: 06/11/2014

Last Buyer's Agent

Allen Foor

Douglas Realty, LLC License #600175

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 1951

Lot Details

  • 0.5 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition
  • Property is zoned RPD

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Sun or Florida Room
  • Water Views

Kitchen

  • Electric Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Rip-Rap
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1901013459

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,489

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range Hood, Oven/Range - Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Sun/Florida Room
  • Basement: No
  • Living Area Units: Square Feet

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 List: Shed, Shed Shop
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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: Gravity Sept Fld
  • Water Source: Well-Shared, Community

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 49800.00
  • Land Assessed Value: 289300.00
  • Lot Size Acres: 0.50
  • Lot Size Area: 21780
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: RPD

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Rip-Rap, Sandy Beach

Tax Info

  • Assessor Parcel Number: 14982334
  • Tax Annual Amount: 3489.34
  • Assessor Parcel Number: 1901013459
  • Tax Lot: 1
  • Tax Page Number: 109
  • Tax Total Finished Sq Ft: 840
  • Tax Year: 2012
  • Close Date: 08/04/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 4, 2014
Sold by
Jamison Glenn R and Mathews Carolyn
Bought by
Guerrero Jaime and Guerrero Silvia
Seller's Agent
Bradley Franzen/Retired
Franzen Realtors, Inc.
Buyer's Agent
Allen Foor
Douglas Realty, LLC
List Price
$292,000
Sold Price
$280,000
Premium/Discount to List
-$12,000
-4.11%
Current Estimated Value
$440,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,010
Avg. Annual Appreciation
4.11%
Original Mortgage
$252,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Jamison Glenn R S and Jamison O
Bought by
Mathews Jamison Glenn R and Mathews Carolyn

Purchase Details

Closed on
Jan 28, 2000
Sold by
Burke Sean J
Bought by
Jamison Glenn R S and Jamison O

Purchase Details

Closed on
Sep 14, 1998
Sold by
Lebell Louise H
Bought by
Burke Burke Sean J Sean J and Burke Andrea D
Source: Public Records

Range of Values:

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Average Value
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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
Guerrero Jaime $280,000 Bridgeview Title Llc
Mathews Jamison Glenn R -- --
Jamison Glenn R S $170,000 --
Burke Burke Sean J Sean J $135,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Silvia $237,000
Closed Guerrero Jaime $252,000
Closed Burke Burke Sean J Sean J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $280,000 -4.1% $333 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $292,000 -- $348 / 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
2025 $3,571 $370,900 $0 $0
2024 $3,571 $341,900 $0 $0
2023 $3,386 $312,900 $269,500 $43,400
2022 $3,375 $312,067 $0 $0
2021 $3,365 $311,233 $0 $0
2020 $3,354 $310,400 $269,500 $40,900
2019 $3,352 $310,400 $269,500 $40,900
2018 $3,351 $310,400 $269,500 $40,900
2017 $3,342 $311,400 $0 $0
2016 -- $311,400 $0 $0
2015 $2,239 $311,400 $0 $0
2014 $2,239 $339,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradley Franzen/Retired

    Seller's Agent in 2014

    Bradley Franzen/Retired

    Franzen Realtors, Inc.

    (301) 904-0738

    52 Total Sales

    Bradley Franzen/Retired
    Section Image

  • A

    Buyer's Agent in 2014

    Allen Foor

    Douglas Realty, LLC

    (240) 298-7556

    8 Total Sales

    Allen Foor
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003052228

Bright MLS

APN: 01-013459

Maryland St Marys County Lexington Park 20653

48965 Spring Ridge Rd, Lexington Park, MD

This home is located at 48965 Spring Ridge Rd, Lexington Park, MD 20653 since 11 June 2014 and is currently estimated at $440,010, approximately $523 per square foot. This property was built in 1951. 48965 Spring Ridge Rd is a home located in St. Mary's County with nearby schools including Ridge Elementary School, Spring Ridge Middle School, and Great Mills High School.

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