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38125 Louis Thomas Road

38125 Louis Thomas Road, Avenue, MD 20609
Property in St. Mary's
Sold Jul 31, 2014
$410,000
$310,000 by Old Line Bank
Mortgage
Sold Jun 21, 1977
$76,000
$74,800
Mortgage
38125 Louis Thomas Road in Avenue, MD was first built in 1974 and is 50 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 38125 Louis Thomas Road has 1,344 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 871,200 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing baseboard heaters. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 38125 Louis Thomas Road sold most recently in Jun 30, 2014 for a total of $410,000. If you work out the math, that's approximately a cost of $305.06 per sqft. Before that, the property was also sold for $76,000 in Jun 21, 1977. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,255 in taxes each year. The initial year of tax delinquency occurred in 2021. 38125 Louis Thomas Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $554,733. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871,200
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 20
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: 20 ACRES S/W HATCHET THICKET RD AVENUE

Ownership

  • Current Owner : FARMER JAMES F
  • Current Owner 2: FARMER HELEN H
  • Previous Owner : GASS CHARLES K
  • Previous Owner 2: GASS DEBRA ANN
  • Owner Before Previous Owner: FARRELL STACEY S
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: St. Marys County Public Schools
  • Census Tract: 875300

Zoning

  • Zoning: RPD

Geography

  • Assessors Map Reference: 46 11 160
  • Account Number: 008570
  • District: 07
  • Parcel: 07-008570
  • Latitude: 38.2476
  • Longitude: -76.7631

    Address

  • Full Address: 38125 Louis Thomas Rd
  • Address - House Number: 38125
  • Address - Street Name: Louis Thomas
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Avenue
  • Carrier Code: H062
  • 4-Digit Zip Code: 2424
  • Zip Code: 20609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,255
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 82
  • Final Value: 635,291
  • High Value: 728,607
  • Low Value: 541,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,000
  • First Open Lien Mortgage Lender: OLD LINE BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $310,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $566,700
  • Market Land Value: $408,400
  • Market Improvement Value: $158,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,733

    Sales

  • Current Sale Contract Date: Jun 30, 2014
  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Transaction ID: 1084064023
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 21, 1977
  • Previous Sale Contract Date: Jun 21, 1977
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD LINE BANK
  • First Mortgage Transaction Date: Jul 31, 2014
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jun 21, 1977
  • Previous Mortgage Loan Amount: $74,800

About St. Mary's



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Frequently Asked Questions

What neighborhood is 38125 Louis Thomas Road located in?
The 38125 Louis Thomas Road is a located in the neighborhood of St. Mary's in St. Mary's, Avenue.
What is the average sales price for listings in 38125 Louis Thomas Road?
The average sales price for units in 38125 Louis Thomas Road is $0 currently.

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