NOT LISTED FOR SALE

12880 Bay Dr Lusby, MD 20657

Estimated Value: $440,000 - $593,000

2 Beds
1.5 Baths
988 Sq Ft
$529/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $490,000 $496 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,173/month

14 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Enclosed Patio or Porch
  • Central Air
  • Rambler Architecture
  • Level Entry For Accessibility
  • Property is in excellent condition

About This Home

As of April 2023

Don't miss this gem situated only 50 feet from the Chesapeake Bay. The private beach is perfect for finding sharks teeth or just sitting and watching the sunrise. The screened in porch is great for morning coffee or evening cocktails while enjoying the views. Drum Point is a quiet water oriented community in southern Calvert County. After a day in the water or sunbathing on the beach there is an outdoor enclosed shower for private use or sit back and relax in the hot tub. This home has summer vacation written all over it!! This is a weekend house for the seller and I will need to make sure they are not using the house before anyone goes in. Flood insurance is not needed. House is being sold as-is. Feel free to call me directly for a private tour.

Last Agent to Sell the Property

Jenn Daly

(703) 801-0212 jennwood02@aol.com Hyatt & Company Real Estate, LLC License #655644 Listed on: 12/19/2022

Last Buyer's Agent

Heather Hall

(301) 855-7867 heather.hall@hyattcompany.com Hyatt & Company Real Estate LLC License #676594

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 1963

Lot Details

  • 0.34 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 988 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property near a bay
  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Association fees include management, recreation facility, reserve funds, road maintenance, snow removal, water
  • Dppoa HOA
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0501070975

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,484

Year Built

Built in 1963

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1963
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 988
  • Living Area Sq Ft: 988
  • Price Per Sq Ft: 506.07
  • Above Grade Finished Sq Ft: 988
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

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: Mound System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Management, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Water
  • HOA Name: DPPOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 100400.00
  • Land Assessed Value: 297300.00
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14898.00
  • Outdoor Living Structures: Enclosed, Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949576
  • Tax Annual Amount: 4484.00
  • Assessor Parcel Number: 0501070975
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Apr 14, 2023
Sold by
Bovelle Nathan
Bought by
Le Huy
Seller's Agent
Jenn Daly
Hyatt & Company Real Estate, LLC
Buyer's Agent
Heather Hall
Hyatt & Company Real Estate LLC
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Views
19
Current Estimated Value
$522,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,673
Avg. Annual Appreciation
2.57%
Original Mortgage
$392,000
Outstanding Balance
$377,513
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$145,160

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 22, 2020
Sold by
Mccollough William F and Mccollough Tracy Ann
Bought by
Bovelle Nathan and Bovelle Sharon
Seller's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jenn Daly
Hyatt & Company Real Estate, LLC
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$234,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2001
Sold by
Foldes Paul G
Bought by
Mccollough William F and Tracy Ann
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
Le Huy $490,000 Titlemax
Le Huy $490,000 Titlemax
Bovelle Nathan $390,000 Titlemax Llc
Mccollough William F $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Huy $392,000
Closed Le Huy $392,000
Previous Owner Bovelle Nathan $234,000
Closed Mccollough William F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $490,000 -2.0% $496 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $500,000 +28.2% $506 / Sq Ft
05/22/2020 05/22/20 Sold $390,000 -7.1% $395 / Sq Ft View Prior Sale
04/22/2020 04/22/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $420,000 -- $425 / 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 $4,926 $442,633 $0 $0
2024 $4,926 $420,167 $0 $0
2023 $4,521 $397,700 $297,300 $100,400
2022 $4,460 $392,067 $0 $0
2021 $8,919 $386,433 $0 $0
2020 $4,296 $380,800 $297,300 $83,500
2019 $3,957 $377,233 $0 $0
2018 $3,920 $373,667 $0 $0
2017 $4,236 $370,100 $0 $0
2016 -- $370,100 $0 $0
2015 $4,589 $370,100 $0 $0
2014 $4,589 $371,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2009580

Bright MLS

APN: 01-070975