NOT LISTED FOR SALE

11230 Cove Lake Rd Lusby, MD 20657

Estimated Value: $88,561 - $144,000

0.49 Acre
$222,831 Price per Acre
21,344 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $75,000

Est. 46% increase in value since last sale

Current estimated payment $687/month

184 Days on Market

About This Lot

As of October 2022

Private Beach Community with almost 1/2 acre lot overlooking Cove Lake (fresh water) Five hundred feet from property down a beautiful tree lined private road is the community beach on the Chesapeake Bay which includes a gazebo, picnic table area and boat ramp. Bring your plans and build your dream home.

Last Agent to Sell the Property

Kelly Padgett

(301) 520-3712 kelly.padgett@c21nm.com CENTURY 21 New Millennium License #585911 Listed on: 04/05/2022

CENTURY 21 New Millennium

Co-Listed By

Michael Tennity

(301) 481-8197 mike.tennity@c21nm.com CENTURY 21 New Millennium

Last Buyer's Agent

Deanna Havenner

(240) 375-5578 deanna.havenner@c21nm.com CENTURY 21 New Millennium License #588102

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,079

Lot Details

  • 0.49

HOA Fees

  • $50 Monthly HOA Fees

Utilities

  • Well
  • No Septic Approved

Additional Features

  • 0.49 Acre Lot
  • Water Views

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0501032429

Community Details

Overview

  • Cove Lake Subdivision

Recreation

  • Water Access
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$1,079

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: Private Beach Community with almost 1/2 acre lot overlooking Cove Lake (fresh water) Five hundred feet from property down a beautiful tree lined private road is the community beach on the Chesapeake Bay which includes a gazebo, picnic table area and boat ramp. Bring your plans and build your dream home.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 4.67
  • Street Number Modifier: 11230

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: Cove Lake
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic Approved
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21434.00
  • Year Assessed: 2022
  • Zoning: R-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1079.00
  • Assessor Parcel Number: 0501032429
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/14/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Oct 14, 2022
Sold by
Myers Donald H
Bought by
Farringer Kyle R and Farringer Megan Catherine
Seller's Agent
Kelly Padgett
CENTURY 21 New Millennium
Buyer's Agent
Deanna Havenner
CENTURY 21 New Millennium
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Views
49
Current Estimated Value
$109,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,187
Avg. Annual Appreciation
13.20%

Purchase Details

Listed on
Apr 5, 2022
Closed on
Oct 12, 2022
Sold by
Myers Donald H
Bought by
Farringer Kyle R and Farringer Megan Catherine
Seller's Agent
Kelly Padgett
CENTURY 21 New Millennium
Buyer's Agent
Deanna Havenner
CENTURY 21 New Millennium
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Views
49

Purchase Details

Closed on
Jun 24, 2003
Sold by
Mineur June R
Bought by
Myers Donald H

Purchase Details

Closed on
Dec 8, 1992
Sold by
Souther M Elizabeth
Bought by
Mineur June A
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
Farringer Kyle R $75,000 Lighthouse Title
Farringer Kyle R $75,000 Lighthouse Title
Farringer Kyle R $75,000 --
Myers Donald H $55,500 --
Mineur June A $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Myers Donald H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $75,000 -25.0% --
10/06/2022 10/06/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $100,000 -- --
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 $785 $81,133 $0 $0
2024 $785 $72,767 $0 $0
2023 $669 $64,400 $64,400 $0
2022 $669 $64,400 $64,400 $0
2021 $669 $64,400 $64,400 $0
2020 $672 $64,400 $64,400 $0
2019 $676 $64,400 $64,400 $0
2018 $676 $64,400 $64,400 $0
2017 $685 $64,400 $0 $0
2016 -- $64,400 $0 $0
2015 $762 $64,400 $0 $0
2014 $762 $64,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2005474

Bright MLS

APN: 01-032429