NOT LISTED FOR SALE

12838 Laurel Way Lusby, MD 20657

Estimated Value: $392,000 - $407,231

3 Beds
2 Baths
1,728 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $235,000 $136 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,396/month

Highlights

  • 1 Boat Dock
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Public Beach
  • Cape Cod Architecture

About This Home

As of December 2019

Beautiful 3 level Cap Cod located in a beach access neighborhood. This amazing home has hardwood floors that wrap the first floor and kitchen. Come sit on the back deck and drink your cup of coffee and enjoy your amazing views. This home is walking distance to 2 beaches, ponds, a clubhouse. Enjoy the amenities of Drum Point. Private boat ramp is just 4 minutes down the street on Mill Creek. Your not going to want to miss this amazing property!

Last Agent to Sell the Property

Michael Hunter

(202) 809-1803 mhunter.realestate@gmail.com Real Broker, LLC License #0225253020 Listed on: 08/01/2019

Real Broker, LLC

Last Buyer's Agent

Michael Hunter

(202) 809-1803 mhunter.realestate@gmail.com Real Broker, LLC License #0225253020 Listed on: 08/01/2019

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1993

Lot Details

  • 0.77 Acre Lot
  • Home fronts navigable water
  • Public Beach

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property near a bay
  • 1 Boat Dock
  • Powered Boats Permitted

Utilities

  • Central Heating
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 10
  • Assessor Parcel Number 0501176358

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • 1 Community Docks
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,835

Year Built

Built in 1993

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-08-01
  • Federal Flood Zone: No
  • Year Built: 1993
  • Remarks Public: Beautiful 3 level Cap Cod located in a beach access neighborhood. This amazing home has hardwood floors that wrap the first floor and kitchen. Come sit on the back deck and drink your cup of coffee and enjoy your amazing views. This home is walking distance to 2 beaches, ponds, a clubhouse. Enjoy the amenities of Drum Point. Private boat ramp is just 4 minutes down the street on Mill Creek. Your not going to want to miss this amazing property!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Ceiling Fan(s), Carpet, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Improved, Outside Entrance, Interior Access, Partially Finished
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 181.33
  • Above Grade Finished Sq Ft: 1296
  • Below Grade Finished Sq Ft: 432
  • Below Grade Sq Ft: 432
  • Total Below Grade Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12838

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Asphalt, Architectural Shingle
  • Water Access Features: Public Beach, Public Access, Boat - Powered, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fees: 159.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 146300.00
  • Land Assessed Value: 97700.00
  • Land Use Code: 010
  • Lot Size Acres: 0.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33672.00
  • Year Assessed: 2019
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14941926
  • Tax Annual Amount: 2835.00
  • Assessor Parcel Number: 0501176358
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1728
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/30/2019

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Dec 30, 2019
Sold by
Evans Eddie R
Bought by
Gale Sandra Dee
Seller's Agent
Michael Hunter
Real Broker, LLC
Buyer's Agent
Michael Hunter
Real Broker, LLC
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Current Estimated Value
$398,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,558
Avg. Annual Appreciation
9.42%
Original Mortgage
$227,950
Outstanding Balance
$201,403
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$197,155

Purchase Details

Closed on
Oct 26, 2006
Sold by
Oshea David W and Oshea Clare C
Bought by
Evans Eddie R

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
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 2006
Sold by
Oshea David W and Oshea Clare C
Bought by
Evans Eddie R

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
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2005
Sold by
Cerwensky Alfred M
Bought by
Oshea David W and Oshea Clare C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 1, 2005
Sold by
Cerwensky Alfred M
Bought by
Oshea David W and Oshea Clare C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2002
Sold by
Cerwensky Alfred M and Cerwensky Kathy L
Bought by
Cerwensky Alfred M

Purchase Details

Closed on
Sep 8, 1993
Sold by
Carol Court Jv
Bought by
Cerwensky Alfred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.21%
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
Gale Sandra Dee $235,000 Lakeside Title Company
Evans Eddie R -- --
Evans Eddie R -- --
Oshea David W $238,000 --
Oshea David W $238,000 Beltway Title & Abstract Inc
Cerwensky Alfred M -- --
Cerwensky Alfred M $106,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Sandra Dee $227,950
Previous Owner Evans Eddie R $52,000
Previous Owner Evans Eddie R $208,000
Previous Owner Evans Eddie R $208,000
Previous Owner Oshea David W $190,400
Previous Owner Oshea David W $47,600
Previous Owner Cerwensky Alfred M $106,400
Closed Cerwensky Alfred M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $235,000 0.0% $136 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $235,000 -4.1% $136 / Sq Ft
09/29/2019 09/29/19 Price Changed $245,000 -2.0% $142 / Sq Ft
09/01/2019 09/01/19 Price Changed $249,900 -3.5% $145 / Sq Ft
08/01/2019 08/01/19 For Sale $259,000 -- $150 / 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 $3,444 $304,267 $0 $0
2024 $3,444 $282,833 $0 $0
2023 $3,105 $261,400 $97,700 $163,700
2022 $3,042 $255,600 $0 $0
2021 $3,042 $249,800 $0 $0
2020 $2,867 $244,000 $97,700 $146,300
2019 $2,493 $237,633 $0 $0
2018 $2,426 $231,267 $0 $0
2017 $2,636 $224,900 $0 $0
2016 -- $219,767 $0 $0
2015 $2,637 $214,633 $0 $0
2014 $2,637 $209,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA170906

Bright MLS

APN: 01-176358