See Home Value
St. Mary's 20650
40480 PARSONS MILL ROAD
$360,000
● House - Off Market

40480 PARSONS MILL ROAD

LEONARDTOWN, MD 20650
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,884 Ft²
$2,342
Est. Monthly
6.06%
Cap Rate

About This Property

Experience country living at its finest in this expansive rambler, nestled amidst picturesque farmlands. This charming home offers three generously sized bedrooms and one well-appointed bathroom, epitomizing the timeless appeal of rural living. Rich hardwood floors flow seamlessly throughout the entire residence, adding warmth and character.

Each bedroom is designed for comfort, offering plenty of space to unwind. The enclosed porch serves as a versatile room-ideal for a play area, study, or additional storage space. A detached garage ensures your vehicle remains shielded from the elements, while oil heating guarantees you stay cozy during those crisp, wintry evenings.

The property boasts ample yard space, both in the front and rear, perfect for outdoor enjoyment. Embrace the convenience of local produce and crafts, all just a stone's throw away. Surrounded by expansive agricultural fields, this home is also within close proximity to fresh, locally sourced meats and produce.

Enjoy the serene rhythm of horse and buggy traffic within this welcoming community, and take advantage of the open space for recreational vehicles or boats. Best of all, there's no HOA to contend with, allowing you to fully enjoy your property as you wish.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
3.75 acres
Price per sqft
$228
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #MDSM2026394)

Price History

Date / Event Date Event Price
Sep 26, 2025 Sold
Sold
Sep 5, 2025 In contract -
In contract
Aug 15, 2025 Price Decreased $429,900
↓ $10K (2.3%)
Price Decreased
Aug 1, 2025 Listed by CENTURY 21 New Millennium $439,900
Listed by CENTURY 21 New Millennium

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 163,350
  • Total Building Area: 1,884
  • Gross Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003750
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: 3.75 ACRES PARSON MILL RD MORGANZA

Neighborhood

  • School District Name: St. Marys County Public Schools
  • Census Tract: 875502

Zoning

  • Zoning: RPD

Geography

  • Assessors Map Reference: 19 20 309
  • Account Number: 016188
  • District: 03
  • Parcel: 03-016188
  • Latitude: 38.3626
  • Longitude: -76.676

    Address

  • Full Address: 40480 Parsons Mill Rd
  • Address - House Number: 40480
  • Address - Street Name: Parsons Mill
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Leonardtown
  • Carrier Code: R002
  • 4-Digit Zip Code: 5503
  • Zip Code: 20650

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $290,313
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 86
  • Final Value: 350,877
  • High Value: 394,794
  • Low Value: 306,959

    Market Valuation

  • Market Total Value: $305,800
  • Market Land Value: $127,700
  • Market Improvement Value: $178,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,733
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Mary's


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Frequently Asked Questions

When was property at 40480 Parsons Mill Road built and last sold?
The property at 40480 Parsons Mill Road was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40480 Parsons Mill Road is $434,223.
What are some comparable homes to 40480 Parsons Mill Road?
There are currently no comparable homes to 40480 Parsons Mill Road.