NOT LISTED FOR SALE

12820 Spring Cove Dr Lusby, MD 20657

Estimated Value: $414,000 - $501,000

3 Beds
2.5 Baths
1,504 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $260,000 $173 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,737/month

593 Days on Market

Highlights

  • 15 Feet of Waterfront
  • Pier
  • Deck
  • 1 Boat Dock
  • Fishing Allowed
  • Secluded Lot

About This Home

As of March 2016

FREE dock and crab pot! One level living in this well maintained home 2 car garage. Hardwood floors throughout, separate dining room with built ins, large bedrooms. 3rd BR is a suite with wet bar, 1/2 bath, surround sound and sep. entrance to the deck. Located on Spring Cove the dock is perfect for launching a boat, crabbing or just relaxing and enjoying the view! The yard is huge with 3 sheds.

Last Agent to Sell the Property

Trish Wallmark

(301) 672-1197 southernmarylandtrish@gmail.com RE/MAX One License #00521156 Listed on: 06/25/2014

RE/MAX One

Last Buyer's Agent

Trish Wallmark

(301) 672-1197 southernmarylandtrish@gmail.com RE/MAX One License #00521156 Listed on: 06/25/2014

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1976

Lot Details

  • 0.55 Acre Lot
  • 15 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Secluded Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Property Views

  • Water
  • Woods

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • Deck
  • Shed

Location

  • Property is near a creek

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 0501052276

Community Details

Overview

  • No Home Owners Association
  • Spring Cove Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1976
  • Remarks Public: FREE dock and crab pot! One level living in this well maintained home 2 car garage. Hardwood floors throughout, separate dining room with built ins, large bedrooms. 3rd BR is a suite with wet bar, 1/2 bath, surround sound and sep. entrance to the deck. Located on Spring Cove the dock is perfect for launching a boat, crabbing or just relaxing and enjoying the view! The yard is huge with 3 sheds.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 1
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 12820

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed, Shed Shop
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water, Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: SPRING COVE
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 15

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Secluded
  • Lot Size Acres: 0.55
  • Lot Size Area: 24048
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24048.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3200.28
  • Assessor Parcel Number: 0501052276
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 03/18/2016

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 2
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Mar 11, 2016
Sold by
Griffin Ronald E and Griffin Martha A
Bought by
Schmidt Donna J and Richey James R
Seller's Agent
Trish Wallmark
RE/MAX One
Buyer's Agent
Trish Wallmark
RE/MAX One
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$455,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,464
Avg. Annual Appreciation
6.05%
Original Mortgage
$60,000
Outstanding Balance
$25,878
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$429,586

Purchase Details

Closed on
Oct 7, 2003
Sold by
Gronda Theodore J
Bought by
Griffin Ronald E and Griffin Martha A

Purchase Details

Closed on
Mar 1, 1995
Sold by
Rogers J C
Bought by
Gronda T J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.96%

Purchase Details

Closed on
Dec 21, 1988
Sold by
Pickett Ronald W and Pickett Cynthia P
Bought by
Rogers James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,999
Interest Rate
10.71%
Source: Public Records

Range of Values:

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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
Schmidt Donna J $260,000 Bay County Title & Escrow Ll
Griffin Ronald E $275,000 --
Gronda T J $130,000 --
Rogers James C $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Donna J $60,000
Previous Owner Gronda T J $120,000
Previous Owner Rogers James C $97,999
Closed Griffin Ronald E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $260,000 -1.9% $173 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/17/2016 01/17/16 Price Changed $265,000 -3.6% $176 / Sq Ft
06/03/2015 06/03/15 Price Changed $275,000 0.0% $183 / Sq Ft
06/03/2015 06/03/15 For Sale $275,000 +5.8% $183 / Sq Ft
06/01/2015 06/01/15 Off Market $260,000 -- --
05/09/2015 05/09/15 Price Changed $285,000 -5.0% $189 / Sq Ft
04/01/2015 04/01/15 For Sale $299,900 +15.3% $199 / Sq Ft
04/01/2015 04/01/15 Off Market $260,000 -- --
01/31/2015 01/31/15 For Sale $299,900 +15.3% $199 / Sq Ft
01/31/2015 01/31/15 Off Market $260,000 -- --
09/25/2014 09/25/14 Price Changed $299,900 0.0% $199 / Sq Ft
09/24/2014 09/24/14 Price Changed $300,000 -10.4% $199 / Sq Ft
07/23/2014 07/23/14 Price Changed $335,000 -2.9% $223 / Sq Ft
06/25/2014 06/25/14 For Sale $345,000 -- $229 / 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 $3,872 $353,133 $0 $0
2024 $3,872 $338,767 $0 $0
2023 $3,585 $324,400 $193,700 $130,700
2022 $3,298 $317,400 $0 $0
2021 $3,373 $310,400 $0 $0
2020 $3,373 $303,400 $193,700 $109,700
2019 $3,385 $303,400 $193,700 $109,700
2018 $3,547 $303,400 $193,700 $109,700
2017 $3,609 $305,200 $0 $0
2016 -- $305,200 $0 $0
2015 $4,248 $305,200 $0 $0
2014 $4,248 $307,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003077722

Bright MLS

APN: 01-052276