NOT LISTED FOR SALE

1325 Tongue Cove Dr Lusby, MD 20657

Estimated Value: $389,000 - $624,745

3 Beds
1 Bath
1,140 Sq Ft
$479/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $350,000 $307 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,217/month

2 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Sandy Beach
  • Carriage House
  • 1 Boat Dock
  • 1 Acre Lot
  • Attic

About This Home

As of May 2017

All brick waterfront home in quiet part of Lusby. Sandy beach & pier. Separate detached cottage that would used as a studio or office. Hardwood floors, screen porch, garage, brick fireplace, new roof and windows.

Last Agent to Sell the Property

Dawn Riley

RE/MAX One Listed on: 04/11/2017

RE/MAX One

Last Buyer's Agent

Mark Frisco

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,087

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Creek or Stream

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Carriage House
  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,140 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House
  • Country Kitchen
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Office or Studio

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Level Entry For Accessibility
  • Property is near a creek

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0501001574

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,087

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2017-04-21
  • Year Built: 1957
  • Remarks Public: All brick waterfront home in quiet part of Lusby. Sandy beach & pier. Separate detached cottage that would used as a studio or office. Hardwood floors, screen porch, garage, brick fireplace, new roof and windows.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Kitchen - Country
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1140
  • Living Area Sq Ft: 1140
  • Price Per Sq Ft: 307.02
  • Above Grade Finished Sq Ft: 1140
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1325

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Carriage House, Office/Studio
  • Construction Materials: Brick
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: HELEN CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 123.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • 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

  • Improvement Assessed Value: 111200.00
  • Land Assessed Value: 350000.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14954348
  • Tax Annual Amount: 5087.33
  • Assessor Parcel Number: 0501001574
  • Tax Total Finished Sq Ft: 1140
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/31/2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 3
  • Waterfront Features: Sandy Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jun 1, 2017
Sold by
Thomas Richard Bisset Trust
Bought by
Lodge Lori B
Seller's Agent
Dawn Riley
RE/MAX One
Buyer's Agent
Mark Frisco
CENTURY 21 New Millennium
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$546,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,186
Avg. Annual Appreciation
5.54%
Original Mortgage
$332,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1983
Sold by
Bissett Peter and Bissett Ellen
Bought by
Bisset Thomas R and Bisset Anne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
12.73%
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
Lodge Lori B $350,000 None Available
Bisset Thomas R $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lodge Lorib $317,500
Closed Lodge Lori B $60,000
Closed Lodge Lori B $332,500
Previous Owner Bisset Thomas R $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $350,000 0.0% $307 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $350,000 -- $307 / 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 $3,163 $521,833 $0 $0
2024 $3,163 $504,767 $0 $0
2023 $2,781 $487,700 $350,000 $137,700
2022 $2,707 $480,867 $0 $0
2021 $2,583 $474,033 $0 $0
2020 $2,583 $467,200 $350,000 $117,200
2019 $2,582 $465,200 $0 $0
2018 $2,548 $463,200 $0 $0
2017 $5,093 $461,200 $0 $0
2016 -- $460,933 $0 $0
2015 $5,768 $460,667 $0 $0
2014 $5,768 $460,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003270441

Bright MLS

APN: 01-001574