NOT LISTED FOR SALE

12740 Olivet Rd Lusby, MD 20657

Estimated Value: $268,000 - $306,755

3 Beds
1 Bath
960 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $243,000 $253 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,701/month

Highlights

  • 1.27 Acre Lot
  • No HOA
  • Ceiling Fan
  • Rambler Architecture
  • Central Air
  • Heat Pump System

About This Home

As of July 2020

Newly renovated rambler on 1.27 acres and NO HOA! This beautiful one-level home is sparkling clean and features a brand new kitchen with white cabinets, subway tile back-splash, stainless steel appliances & hardware as well as brand new windows. Hardwood-laminate floors, bright and cheerful living room with recessed lighting, spacious separate dining area PLUS family room off back of house (with built-in surround sound!) overlooking the gorgeous, FLAT, usable backyard. Sellers have taken very good care of this home and tastefully updated it through-out. Front porch, large shed, side deck, and added bonus: attic loft storage too! This home is a must see and a rare gem, will not last long!

Last Agent to Sell the Property

Christina Fischer

(443) 532-7257 christinafischerrealestate@outlook.com Coldwell Banker Jay Lilly Real Estate License #593032 Listed on: 06/08/2020

Coldwell Banker Jay Lilly Real Estate

Last Buyer's Agent

Patricia O'Donnell

(410) 610-6181 bestrealtor4u@comcast.net CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1983 | Remodeled in 2020

Lot Details

  • 1.27 Acre Lot

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Gravel Driveway

Schools

  • Patuxent High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Dispenser
  • Well
  • Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0501165216

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

Built in 1983 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-06-09
  • Federal Flood Zone: No
  • Year Built: 1983
  • Year Renovated: 2020
  • Remarks Public: Newly renovated rambler on 1.27 acres and NO HOA! This beautiful one-level home is sparkling clean and features a brand new kitchen with white cabinets, subway tile back-splash, stainless steel appliances & hardware as well as brand new windows. Hardwood-laminate floors, bright and cheerful living room with recessed lighting, spacious separate dining area PLUS family room off back of house (with built-in surround sound!) overlooking the gorgeous, FLAT, usable backyard. Sellers have taken very good care of this home and tastefully updated it through-out. Front porch, large shed, side deck, and added bonus: attic loft storage too! This home is a must see and a rare gem, will not last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Dispenser, Water Heater
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 249.90
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12740

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
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 69000.00
  • Land Assessed Value: 124200.00
  • Land Use Code: 010
  • Lot Size Acres: 1.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 55321.00
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14942619
  • Tax Annual Amount: 2436.00
  • Assessor Parcel Number: 0501165216
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/24/2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 27, 2020
Sold by
Wolfe Anthony and Wolfe Cindy
Bought by
Hillen Cynthia L
Seller's Agent
Christina Fischer
Coldwell Banker Jay Lilly Real Estate
Buyer's Agent
Patricia O'Donnell
CENTURY 21 New Millennium
List Price
$239,900
Sold Price
$243,000
Premium/Discount to List
$3,100
1.29%
Current Estimated Value
$290,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,939
Avg. Annual Appreciation
3.48%
Original Mortgage
$120,000
Outstanding Balance
$106,645
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$184,294

Purchase Details

Closed on
Feb 9, 2007
Sold by
Wolfe Anthony T and Wolfe Wolfe
Bought by
Wolfe Anthony Cindy Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2007
Sold by
Wolfe Anthony T and Wolfe Wolfe
Bought by
Wolfe Anthony Cindy Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2005
Sold by
Rol and Arthur V
Bought by
Wolfe Anthony T and Wolfe Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 2005
Sold by
Roland Arthur V and Roland Beatrice F
Bought by
Wolfe Anthony T and Wolfe Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 1983
Sold by
Proud Corp
Bought by
Roland Arthur and Roland Beatrice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
13.3%
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 Buyer Sale Price Title Company
Hillen Cynthia L $243,000 Titlemax Llc
Wolfe Anthony Cindy Albert $270,000 --
Wolfe Anthony Cindy Albert $270,000 --
Wolfe Anthony T $225,000 --
Wolfe Anthony T $225,000 Rockwood Title And Settlemen
Roland Arthur $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillen Cynthia L $120,000
Previous Owner Wolfe Anthony Cindy Albert $265,828
Previous Owner Wolfe Anthony Cindy Albert $265,828
Previous Owner Wolfe Anthony T $44,400
Previous Owner Wolfe Anthony T $177,600
Previous Owner Roland Arthur $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $243,000 +1.3% $253 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $239,900 -- $250 / 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 $2,100 $228,333 $0 $0
2024 $2,100 $217,867 $0 $0
2023 $2,369 $207,400 $124,200 $83,200
2022 $1,651 $202,667 $0 $0
2021 $3,302 $197,933 $0 $0
2020 $2,222 $193,200 $124,200 $69,000
2019 $2,027 $193,200 $124,200 $69,000
2018 $2,027 $193,200 $124,200 $69,000
2017 $2,267 $196,400 $0 $0
2016 -- $195,867 $0 $0
2015 $2,459 $195,333 $0 $0
2014 $2,459 $194,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA176780

Bright MLS

APN: 01-165216