NOT LISTED FOR SALE

12854 Laurel Way Lusby, MD 20657

Estimated Value: $395,000 - $444,000

5 Beds
2.5 Baths
2,160 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $299,000 $138 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,448/month

11 Days on Market

Highlights

  • Boat or Launch Ramp
  • Water Oriented
  • Cape Cod Architecture
  • Sandy Beach
  • Waterfront
  • Central Air

About This Home

As of November 2020

Come home to this adorable, fully renovated cape cod with 4+ bedrooms located in the popular Drum Point waterfront community! This home features it all, having both beauty and function. Move -in ready, this home features 4 bedrooms along with an additional bedroom space and full bath in the basement. The beautifully remodeled kitchen features modern finishes, stainless appliances and gorgeous new flooring. New windows, new roof, new doors, new flooring, and newer HVAC gives you peace of mind and so much value in this fabulous home. This home is nestled on a large lot on the pond with wooded and pond view/access, but also has a community beach, clubhouse and boat ramp so that you can staycation anytime! Entertain your friends on the terraced decking out back and admire the newly hardscaped back yard! This home won't last so book your showing today!!

Last Agent to Sell the Property

Charlotte Long

EXP Realty, LLC License #655003 Listed on: 09/23/2020

EXP Realty, LLC

Last Buyer's Agent

Jeremy Myers

Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1988

Lot Details

  • 0.68 Acre Lot
  • Waterfront
  • Sandy Beach
  • Property is in excellent condition

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Basement

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Boat or Launch Ramp

Utilities

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

Community Details

  • Drum Point HOA
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0501176323

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,910

Year Built

Built in 1988

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerators
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1988
  • Remarks Public: Come home to this adorable, fully renovated cape cod with 4+ bedrooms located in the popular Drum Point waterfront community! This home features it all, having both beauty and function. Move -in ready, this home features 4 bedrooms along with an additional bedroom space and full bath in the basement. The beautifully remodeled kitchen features modern finishes, stainless appliances and gorgeous new flooring. New windows, new roof, new doors, new flooring, and newer HVAC gives you peace of mind and so much value in this fabulous home. This home is nestled on a large lot on the pond with wooded and pond view/access, but also has a community beach, clubhouse and boat ramp so that you can staycation anytime! Entertain your friends on the terraced decking out back and admire the newly hardscaped back yard! This home won't last so book your showing today!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 230.71
  • Above Grade Finished Sq Ft: 1296
  • Below Grade Finished Sq Ft: 864
  • Total Below Grade Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12854

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 312.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: DRUM POINT HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 010
  • Lot Size Acres: 0.68
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29621.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2910.00
  • Assessor Parcel Number: 0501176323
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1296
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/19/2020

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
Sep 23, 2020
Closed on
Nov 19, 2020
Sold by
Simpson H Taylor Alexander
Bought by
Manning John M
Seller's Agent
Charlotte Long
EXP Realty, LLC
Buyer's Agent
Jeremy Myers
Keller Williams Flagship
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$432,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,665
Avg. Annual Appreciation
7.77%
Original Mortgage
$299,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 15, 2016
Sold by
Tiger Paw Properties Llc
Bought by
Simpson H Taylor Alexander
Seller's Agent
Connie Fitzgerald
RE/MAX Closers
Buyer's Agent
Michael Williams
RE/MAX One
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$252,525
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2016
Closed on
Aug 11, 2016
Sold by
Fannie Mae
Bought by
Tiger Paw Properties Llc
Seller's Agent
Pennie Platt
Home Towne Real Estate
Buyer's Agent
Connie Fitzgerald
RE/MAX Closers
List Price
$183,000
Sold Price
$102,775
Premium/Discount to List
-$80,225
-43.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1378.62%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Grimes Brian E and Grimes Christine M
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 12, 2007
Sold by
Grimes Brian E and Grimes Christine M
Bought by
Grimes Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 24, 2007
Sold by
Grimes Brian E and Grimes Christine M
Bought by
Grimes Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 9, 1996
Sold by
Wilkinson Robert J
Bought by
Grimes Brian E and Grimes Christine M

Purchase Details

Closed on
Nov 14, 1994
Sold by
Sec Hud
Bought by
Wilkinson Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,031
Interest Rate
8.78%

Purchase Details

Closed on
Jun 17, 1994
Sold by
Blizzard By Tr A R
Bought by
Sec Hud
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
Manning John M $299,000 Home First Title Group Llc
Simpson H Taylor Alexander $250,000 Legends Title Group Llc
Tiger Paw Properties Llc $102,775 Attorney
Fannie Mae $220,000 None Available
Grimes Brian E -- --
Grimes Brian E -- --
Grimes Brian E $115,000 --
Wilkinson Robert J $84,000 --
Sec Hud $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning John M $63,640
Open Manning John M $300,500
Closed Manning John M $299,000
Previous Owner Simpson H Taylor Alexander $252,525
Previous Owner Grimes Brian E $240,000
Previous Owner Grimes Brian E $240,000
Previous Owner Grimes Brian E $141,414
Previous Owner Sec Hud $90,031
Closed Grimes Brian E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $299,000 0.0% $138 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $299,000 +19.6% $138 / Sq Ft
12/15/2016 12/15/16 Sold $250,000 0.0% $116 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $250,000 +143.2% $116 / Sq Ft
08/17/2016 08/17/16 Sold $102,775 +2.9% $79 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/14/2016 07/14/16 Price Changed $99,900 -9.2% $77 / Sq Ft
06/30/2016 06/30/16 Price Changed $110,000 -15.3% $85 / Sq Ft
05/28/2016 05/28/16 Price Changed $129,900 -12.8% $100 / Sq Ft
04/28/2016 04/28/16 Price Changed $149,000 -11.5% $115 / Sq Ft
03/30/2016 03/30/16 Price Changed $168,300 -8.0% $130 / Sq Ft
02/29/2016 02/29/16 For Sale $183,000 -- $141 / 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 $392 $344,867 $0 $0
2024 $392 $319,833 $0 $0
2023 $389 $294,800 $97,600 $197,200
2022 $386 $276,367 $0 $0
2021 $772 $257,933 $0 $0
2020 $2,820 $239,500 $97,600 $141,900
2019 $2,452 $233,733 $0 $0
2018 $2,391 $227,967 $0 $0
2017 $2,424 $222,200 $0 $0
2016 -- $216,533 $0 $0
2015 $2,623 $210,867 $0 $0
2014 $2,623 $205,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA178858

Bright MLS

APN: 01-176323