NOT LISTED FOR SALE

12798 Bay Dr Lusby, MD 20657

Estimated Value: $406,000 - $491,664

3 Beds
3.5 Baths
2,051 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $225,000 $110 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,746/month

Highlights

  • Waterfront
  • Traditional Floor Plan
  • No HOA
  • Cape Cod Architecture
  • 1 Fireplace
  • Circular Driveway

About This Home

As of May 2018

Unique & Beautiful, LAKE FRONT cape cod in Drum Point with a short walking path to the Bay too!! Home has 2 bedrooms and a loft in the main section of the house. There is a main floor master bedroom. Additionally, a two floor, one bedroom in-law suite connected by a breezeway.Other features: brick fireplace, lake view,green house,amazing curb appeal.

Last Agent to Sell the Property

Krystle Housley

(443) 312-2222 krys@housekeyswithhousley.com EXP Realty, LLC License #644215 Listed on: 06/14/2016

EXP Realty, LLC

Last Buyer's Agent

Chris McNelis

(410) 610-4045 chris.mcnelis@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #17858

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1971

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • Home fronts navigable water
  • The community has rules related to exclusive easements

Parking

  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Oven or Range
  • Stove
  • Extra Refrigerator or Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Receding Pocket Doors
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near a lake

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0501063677

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Doors - Recede, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Stove, Washer, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 2

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Improvement Assessed Value: 159700.00
  • Land Assessed Value: 142400.00
  • Lot Size Acres: 0.37
  • Lot Size Area: 16030
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16030.00
  • Property Attached Yn: No
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14950082
  • Tax Annual Amount: 3063.72
  • Assessor Parcel Number: 0501063677
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Exclusive Easement

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
May 16, 2018
Sold by
Hinds Hugh and Hinds Joycelyn
Bought by
Riddell Mark A and Riddell Lisa M
Seller's Agent
Krystle Housley
EXP Realty, LLC
Buyer's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$451,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,666
Avg. Annual Appreciation
9.81%
Original Mortgage
$204,250
Outstanding Balance
$175,866
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$275,800

Purchase Details

Closed on
Aug 14, 2006
Sold by
Lacouture Richard V
Bought by
Hinds Hugh and Hinds Joycelyn

Purchase Details

Closed on
Jun 29, 2006
Sold by
Lacouture Richard V
Bought by
Hinds Hugh and Hinds Joycelyn

Purchase Details

Closed on
Sep 6, 2005
Sold by
Cook Charles E and Cook Margaret W
Bought by
Lacouture Richard V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2005
Sold by
Cook Charles E and Cook Margaret W
Bought by
Lacouture Richard V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Riddell Mark A $215,000 Colony Title Group Ltd
Hinds Hugh $365,000 --
Hinds Hugh $365,000 --
Lacouture Richard V $385,000 --
Lacouture Richard V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riddell Mark A $204,250
Previous Owner Lacouture Richard V $308,000
Previous Owner Lacouture Richard V $27,000
Previous Owner Lacouture Richard V $308,000
Previous Owner Lacouture Richard V $27,000
Closed Hinds Hugh --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $225,000 +12.5% $110 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
11/06/2017 11/06/17 Price Changed $200,000 -20.0% $98 / Sq Ft
10/19/2017 10/19/17 For Sale $250,000 0.0% $122 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
03/15/2017 03/15/17 Price Changed $250,000 0.0% $122 / Sq Ft
03/15/2017 03/15/17 For Sale $250,000 +25.0% $122 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $200,000 -20.0% $98 / Sq Ft
09/18/2016 09/18/16 Price Changed $250,000 -9.1% $122 / Sq Ft
08/22/2016 08/22/16 Price Changed $275,000 -8.3% $134 / Sq Ft
06/14/2016 06/14/16 For Sale $300,000 0.0% $146 / Sq Ft
04/22/2014 04/22/14 Rented $1,400 0.0% --
04/15/2014 04/15/14 Under Contract -- -- --
10/10/2012 10/10/12 For Rent $1,400 -- --
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 $4,443 $402,233 $0 $0
2024 $4,443 $375,467 $0 $0
2023 $4,012 $348,700 $142,400 $206,300
2022 $3,835 $332,000 $0 $0
2021 $3,835 $315,300 $0 $0
2020 $3,437 $298,600 $142,400 $156,200
2019 $3,132 $298,600 $142,400 $156,200
2018 $3,132 $298,600 $142,400 $156,200
2017 $3,464 $302,100 $0 $0
2016 -- $297,600 $0 $0
2015 $3,785 $293,100 $0 $0
2014 $3,785 $288,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000180143

Bright MLS

APN: 01-063677