Seller's Agent in 2022
Edward Tully
RE/MAX
(301) 904-8695
83 Total Sales
49543 Bay Forest Rd Lexington Park, MD 20653
Estimated Value: $452,000 - $564,000
4
Beds
2
Baths
2,329
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Water Access
- Rambler Architecture
- No HOA
- Private Pool
- 2 Fireplaces
- 1 Car Attached Garage
About This Home
As of May 2022Chesapeake Bay View - This home is great inside and out!! On the outside you have a front screened rocking porch with ceiling fans and a swing to enjoy the Chesapeake Bay views. On the back there is another screened porch with ceiling fan off the family room that overlooks the rest of the 1.5-acre lot yard that backs up to a wildlife preserve, inground pool and pool house. Most of the yard and many of the rooms have bay views. The pool house is large, has electric and is currently being utilized as a workshop. There is a hot tub on the back deck right off the primary suite. Inside there are 4 spacious bedrooms and 2 full baths. There is a living room and family room both with fireplaces. A dining room and eat in kitchen both with skylights, stainless steel appliance and a new refrigerator. One level living means the laundry room is right where you need it. Also, an attached spacious one car garage with front and back garage doors for easy access. This home has new carpet, wood floors, ceiling fans throughout and the living room is plumbed for a wet bar if you desire. There is private beach access in the neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,220
Year Built
- Built in 1953
Lot Details
- 1.56 Acre Lot
- Property is zoned RPD
Parking
- 1 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
Home Design
- Rambler Architecture
- Vinyl Siding
Interior Spaces
- 2,329 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Crawl Space
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Private Pool
- Water Access
- Property near a bay
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Bay Forest Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 1901010530
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
May 31, 2022
Sold by
Abrams Marital Trust
Bought by
Nettleton And Ellis Living Trust
Seller's Agent
Edward Tully
RE/MAX One
Buyer's Agent
John Smith
Berkshire Hathaway HomeServices PenFed Realty
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,982
Avg. Annual Appreciation
3.32%
Original Mortgage
$414,000
Outstanding Balance
$396,692
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$114,290
Purchase Details
Closed on
Nov 26, 2002
Sold by
Abrams Jerry William
Bought by
Lee Abrams Jerry William and Lee Linda
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nettleton And Ellis Living Trust | $460,000 | Capitol Title | |
| Lee Abrams Jerry William | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nettleton And Ellis Living Trust | $414,000 | |
| Previous Owner | Abrams Jerry W | $296,000 | |
| Previous Owner | Abrams Jerry William | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $460,000 | +8.2% | $198 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $425,000 | -- | $182 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,023 | $413,633 | $0 | $0 |
| 2024 | $4,023 | $367,367 | $0 | $0 |
| 2023 | $3,470 | $321,100 | $175,300 | $145,800 |
| 2022 | $3,388 | $313,333 | $0 | $0 |
| 2021 | $3,306 | $305,567 | $0 | $0 |
| 2020 | $3,224 | $297,800 | $160,300 | $137,500 |
| 2019 | $3,223 | $297,800 | $160,300 | $137,500 |
| 2018 | $3,221 | $297,800 | $160,300 | $137,500 |
| 2017 | $3,080 | $300,900 | $0 | $0 |
| 2016 | -- | $299,433 | $0 | $0 |
| 2015 | $2,348 | $297,967 | $0 | $0 |
| 2014 | $2,348 | $296,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
John Smith
BHHS PenFed (actual)
(202) 262-6037
47 Total Sales
Map
Source: Bright MLS
MLS Number: MDSM2004626
APN: 01-010530
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