$101,750
SOLD APR 18, 2025

12516 Olivet Rd Lusby, MD 20657

3 Beds
1 Bath
1,104 Sq Ft
0.48 Acres

Recently Sold

$92 Per Sq Ft

22% Below List Price

168 Days on Market

About This Home

As of April 2025

ONLINE AUCTION: Bidding begins 3/25/25 @ 10:00am, bidding ends 3/27/25 @ 12:30pm. List price is the suggested starting bid. 1 Story Single Family Detached Home located in Lusby, Maryland within Calvert County. Residents can enjoy the nearby attractions such as Patuxent Plaza Shopping Center, Solomons Towne Centre Shopping Mall, Calvert Cliffs State Park, & Calvert Cliffs Park Beach. Property is Vacant. Easy Access to Major Traffic Artery Solomons Island Road. Deposit: $10,000.

Last Agent to Sell the Property

Adam Shpritz

Ashland Auction Group LLC License #RMR004765 Listed on: 10/04/2024

Co-Listed By

Lee Shpritz

Ashland Auction Group LLC

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1971

Lot Details

  • 0.48 Acre Lot

Parking

  • Driveway

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0501003178

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE AUCTION: Bidding begins 3/25/25 @ 10:00am, bidding ends 3/27/25 @ 12:30pm. List price is the suggested starting bid. 1 Story Single Family Detached Home located in Lusby, Maryland within Calvert County. Residents can enjoy the nearby attractions such as Patuxent Plaza Shopping Center, Solomons Towne Centre Shopping Mall, Calvert Cliffs State Park, & Calvert Cliffs Park Beach. Property is Vacant. Easy Access to Major Traffic Artery Solomons Island Road. Deposit: $10,000.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1104
  • Living Area Sq Ft: 1104
  • Price Per Sq Ft: 49.82
  • Above Grade Finished Sq Ft: 1104
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12516

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21005.00
  • Year Assessed: 2024
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2322.00
  • Assessor Parcel Number: 0501003178
  • Tax Total Finished Sq Ft: 1104
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/18/2025

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Apr 18, 2025
Sold by
Lift Up Investment Properties Llc and Paramount Properties Llc
Bought by
Q & H Investments Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$130,000
Sold Price
$101,750
Premium/Discount to List
-$28,250
-21.73%
Views
670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1035.08%

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 27, 2023
Sold by
Jefar Investments Inc
Bought by
Paramount Properties Llc
Seller's Agent
Carley Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$50,000
Sold Price
$100,700
Premium/Discount to List
$50,700
101.4%
Views
189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$185,500
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2022
Sold by
Caronello Carrie
Bought by
Jefar Investments Inc

Purchase Details

Closed on
Aug 13, 2021
Sold by
Smith Jacqueline
Bought by
Caronello Carrie

Purchase Details

Closed on
Mar 9, 2000
Sold by
Associates Home Equity Services
Bought by
Smith Jacqueline

Purchase Details

Closed on
Apr 16, 1992
Sold by
Buck Nathaniel and Buck Brian W
Bought by
Buck Nathaniel
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $101,750 New World Title
Warranty Deed $101,750 New World Title
Deed $100,700 Fidelity National Title
Deed $83,964 Lakeside Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $6,709 None Available
Deed $30,000 --
Deed $60,524 --
Deed $7,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Credit Line Revolving
Previous Owner $185,500 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $150,000 +47.4% $136 / Sq Ft
04/18/2025 04/18/25 Sold $101,750 +85.0% $92 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $55,000 -8.3% $50 / Sq Ft
02/04/2025 02/04/25 Price Changed $60,000 -53.8% $54 / Sq Ft
02/04/2025 02/04/25 For Sale $130,000 0.0% $118 / Sq Ft
02/01/2025 02/01/25 Off Market $130,000 -- --
01/27/2025 01/27/25 Price Changed $130,000 +136.4% $118 / Sq Ft
10/25/2024 10/25/24 Price Changed $55,000 -15.4% $50 / Sq Ft
10/04/2024 10/04/24 For Sale $65,000 -35.5% $59 / Sq Ft
04/04/2023 04/04/23 Sold $100,700 +101.4% $91 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $50,000 -- $45 / 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
2024 $2,129 $177,167 $0 $0
2023 $1,914 $163,600 $109,300 $54,300
2022 $1,880 $160,633 $0 $0
2021 $1,880 $157,667 $0 $0
2020 $1,820 $154,700 $109,300 $45,400
2019 $1,623 $154,700 $109,300 $45,400
2018 $1,623 $154,700 $109,300 $45,400
2017 $1,849 $157,100 $0 $0
2016 -- $156,600 $0 $0
2015 $2,008 $156,100 $0 $0
2014 $2,008 $155,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2017996

Bright MLS

APN: 01-003178