NOT LISTED FOR SALE

11320 Cove Lake Rd Lusby, MD 20657

Estimated Value: $776,000 - $1,186,270

4 Beds
3 Baths
4,600 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $765,000 $166 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,625/month

Highlights

  • 290 Feet of Waterfront
  • Beach
  • Private Beach
  • Boat Ramp
  • Boat or Launch Ramp
  • Fishing Allowed

About This Home

As of August 2015

Come to the beach! Just an hour from Capitol Hill! Entertain, relax. Track ships, find fossils, enjoy the Chesapeake lifestyle in a very low maintenance home. Features include a dynamic space plan, separate guest wing, private path to the beach, seclusion. Possible to have 3 self-sufficient areas within this large house. Established grounds, memorable atmosphere. Stocked lake, boat ramp too!

Last Agent to Sell the Property

Chris McNelis

(410) 610-4045 chris@mcnelisgroup.com Berkshire Hathaway HomeServices PenFed Realty License #17858 Listed on: 07/04/2014

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

C. Brandon Harrington

(410) 610-1729 Brandon@PaxRealEstateGroup.com PAX Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1950

Lot Details

  • 3.01 Acre Lot
  • 290 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • East Facing Home
  • No Through Street
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • The property's topography is moderate slope
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Off-Street Parking

Property Views

  • Bay
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 4,600 Sq Ft Home
  • Property has 2 Levels
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Combination Kitchen and Living
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Sail
  • Swimming Allowed
  • Boat or Launch Ramp
  • Lake Privileges
  • Deck
  • Playground
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Well
  • Bottled Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 0501133845

Community Details

Overview

  • Association fees include insurance, recreation facility, road maintenance
  • Cove Lake Subdivision
  • The community has rules related to covenants
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Beach
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,746

Year Built

Built in 1950

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Remarks Public: Come to the beach! Just an hour from Capitol Hill! Entertain, relax. Track ships, find fossils, enjoy the Chesapeake lifestyle in a very low maintenance home. Features include a dynamic space plan, separate guest wing, private path to the beach, seclusion. Possible to have 3 self-sufficient areas within this large house. Established grounds, memorable atmosphere. Stocked lake, boat ramp too!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Refrigerator, Oven/Range - Electric, Washer
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Primary Bath(s), Built-Ins, Double/Dual Staircase, Entry Level Bedroom, Upgraded Countertops, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4600
  • Above Grade Unfinished Sq Ft: 4600
  • Street Number Modifier: 11320

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Shake Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower, Play Area, Private Beach
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Water, Bay, Scenic Vista
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 290

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Bottled Gas, Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 390.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Lake, Picnic Area, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Insurance, Recreation Facility, Road Maintenance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed, Restrictions
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 278100.00
  • Land Assessed Value: 382200.00
  • Lot Features: Backs To Trees, Premium, No Thru Street, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 3.01
  • Lot Size Area: 131190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 131190.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Moderate Slope
  • Year Assessed: 2014
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14944976
  • Tax Annual Amount: 6746.41
  • Assessor Parcel Number: 0501133845
  • Tax Lot: A
  • Tax Total Finished Sq Ft: 4600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 08/14/2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2014
Closed on
Aug 14, 2015
Sold by
Walrath Barry A and Walrath Nancy L
Bought by
Feast Kenneth and Feast Sandra
Seller's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
C. Brandon Harrington
PAX Real Estate
List Price
$899,900
Sold Price
$765,000
Premium/Discount to List
-$134,900
-14.99%
Current Estimated Value
$923,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,423
Avg. Annual Appreciation
1.86%
Original Mortgage
$315,000
Outstanding Balance
$238,733
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$684,690

Purchase Details

Closed on
Jan 9, 2013
Sold by
Walrath Nancy L and Walrath Barry A
Bought by
Walrath Barry A and Walrath Nancy L

Purchase Details

Closed on
Nov 1, 2002
Sold by
Wood Nell Woodall and Wood Eugene Eager
Bought by
Walrath Nancy L and Walrath Barry A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Feast Kenneth $765,000 Attorney
Walrath Barry A -- None Available
Walrath Nancy L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feast Kenneth $315,000
Closed Walrath Nancy L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $765,000 -4.3% $166 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
03/16/2015 03/16/15 Price Changed $799,500 -5.7% $174 / Sq Ft
10/22/2014 10/22/14 Price Changed $848,000 -5.8% $184 / Sq Ft
07/04/2014 07/04/14 For Sale $899,900 -- $196 / 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 $8,986 $875,133 $0 $0
2024 $8,986 $812,667 $0 $0
2023 $8,009 $750,200 $382,200 $368,000
2022 $7,854 $735,633 $0 $0
2021 $7,581 $721,067 $0 $0
2020 $7,581 $706,500 $382,200 $324,300
2019 $7,433 $689,367 $0 $0
2018 $7,241 $672,233 $0 $0
2017 $7,156 $655,100 $0 $0
2016 -- $655,100 $0 $0
2015 $6,056 $655,100 $0 $0
2014 $6,056 $660,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003087378

Bright MLS

APN: 01-133845