NOT LISTED FOR SALE

12850 Laurel Way Lusby, MD 20657

Estimated Value: $398,000 - $431,000

3 Beds
2 Baths
1,568 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $293,500 $187 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,480/month

1 Day on Market

Highlights

  • Boat or Launch Ramp
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Sandy Beach
  • Raised Ranch Architecture

About This Home

As of March 2021

Waterfront on Lake Charming and Community beach/boat access in the popular Drum Point Community! Adorable 3 bedroom/2bath home on a large lot with a boardwalk and dock to the lake. Enjoy entertaining on the expansive back deck while enjoying the waterfront view. This move in ready home features a screened in front porch, gas fireplace and gas cooking. Brand new refrigerator and roof replaced in 2019, HVAC replaced in 2017. So much value and recreation at a great price, book your showing today!

Last Agent to Sell the Property

Charlotte Long

(240) 561-2996 charlottelonghomes@gmail.com EXP Realty, LLC License #655003 Listed on: 01/30/2021

EXP Realty, LLC

Last Buyer's Agent

Kimberly Shane

(443) 453-1618 kimberly@keys2day.com Samson Properties License #591452

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 2000

Lot Details

  • 0.62 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 1 Level
  • Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near a lake
  • Boat or Launch Ramp

Utilities

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

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0501156659

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 2000

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-01-30
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 184.31
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Public Access, Public Beach
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Refuse: 350.00
  • 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: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 164.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27007.00
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3278.00
  • Assessor Parcel Number: 0501156659
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 3, 2021
Sold by
Roland James and Roland Mary C
Bought by
Fortunato Vincent and Fortunato Suzanne
Seller's Agent
Charlotte Long
EXP Realty, LLC
Buyer's Agent
Kimberly Shane
Samson Properties
List Price
$289,000
Sold Price
$293,500
Premium/Discount to List
$4,500
1.56%
Current Estimated Value
$409,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,787
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 25, 2015
Sold by
Duffy Margaret K and The Edward J P & Margaret K Du
Bought by
Roland James and Roland Mary C
Seller's Agent
Peg Duffy
Home Towne Real Estate
Buyer's Agent
Val Mayer
EXP Realty, LLC
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$219,999
Interest Rate
3.72%
Mortgage Type
FHA
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
Fortunato Vincent $293,500 Omni Land Settlement Corp
Roland James $214,000 Maryland Trust Title & Escro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roland James $219,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2021 03/02/21 Sold $293,500 +1.6% $187 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $289,000 +35.0% $184 / Sq Ft
03/31/2015 03/31/15 Sold $214,000 -2.3% $136 / Sq Ft View Prior Sale
03/04/2015 03/04/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $219,000 -- $140 / 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 $3,755 $336,767 $0 $0
2024 $3,755 $311,633 $0 $0
2023 $2,977 $286,500 $97,600 $188,900
2022 $3,322 $282,600 $0 $0
2021 $6,644 $278,700 $0 $0
2020 $3,189 $274,800 $97,600 $177,200
2019 $2,683 $255,800 $0 $0
2018 $2,484 $236,800 $0 $0
2017 $2,589 $217,800 $0 $0
2016 -- $215,333 $0 $0
2015 $2,808 $212,867 $0 $0
2014 $2,808 $210,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA180868

Bright MLS

APN: 01-156659