NOT LISTED FOR SALE

13292 Olivet Rd Lusby, MD 20657

Estimated Value: $1,384,000 - $1,737,000

6 Beds
6 Baths
6,292 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $824,900 $131 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,970/month

Highlights

  • 120 Feet of Waterfront
  • Pier
  • Fishing Allowed
  • 1 Dock Slip
  • In Ground Pool
  • Waterfall on Lot

About This Home

As of February 2016

DROP DEAD GORGEOUS! Looking for the perfect waterfront get-away? You'll fall in love with this 6200+ Sq Ft Low Country Design! Boat & Jetski Lifts convey! In-ground Pool! Waterfall! Wide open floor plan! Awesome MBR suite has His/Her closets, Bath w/claw foot tub & WI Shower w/Multi-heads! UL In-law apt w/kitchen accessible by elevator! LL Theater room w/Bar-Beamed ceilings! Rec Rm! Gym!

Last Agent to Sell the Property

Karen Towne

(202) 345-1759 ktowne@hometowneteam.com Home Towne Real Estate License #96690 Listed on: 10/08/2015

Home Towne Real Estate

Last Buyer's Agent

Carol King

(410) 610-8932 carolk@comcast.net Home Towne Real Estate License #600379

Home Towne Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,816

Year Built

  • Built in 2003

Lot Details

  • 3.39 Acre Lot
  • 120 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Stone Retaining Walls
  • Decorative Fence
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Secluded Lot
  • The property's topography is level, moderate slope
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Low Emissivity Windows
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Great Room
  • Combination Kitchen and Living
  • Dining Area
  • Game Room
  • Wood Flooring
  • Water Views

Kitchen

  • Kitchenette
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 1 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Patio
  • Waterfall on Lot
  • Shed
  • Porch

Location

  • Property is near a creek

Utilities

  • Zoned Cooling
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Summer or Winter Changeover Switch For Heating
  • Water Dispenser
  • Well
  • Bottled Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 0501223402

Community Details

Overview

  • No Home Owners Association
  • Built by PRINCE HOMES
  • Low Country Waterfront Oasis

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,816

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main, 32"+ Wide Doors, 36"+ Wide Halls, Elevator
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Gas, Refrigerator, Range Hood, Six Burner Stove, Stove, Washer - Front Loading, Water Dispenser, Water Heater
  • Interior Amenities: Dining Area, Kitchen - Island, Combination Kitchen/Living, Kitchenette, Primary Bath(s), Entry Level Bedroom, Built-Ins, Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Elevator, Double/Dual Staircase, Wainscotting, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Low-E, Palladian, Screens
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Primary Bedroom, Kitchen, Game Room, Great Room, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Full, Fully Finished, Walkout Level, Windows, Daylight, Full, Outside Entrance, Heated, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 7040
  • Living Area Sq Ft: 6292
  • Price Per Sq Ft: 207.78
  • Above Grade Finished Sq Ft: 3970
  • Below Grade Finished Sq Ft: 2322
  • Below Grade Sq Ft: 748
  • Total Below Grade Sq Ft: 3070
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Hardiplank Type, Stone
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Flood Lights, Stone Retaining Walls, Water Falls
  • Pool Features: In Ground
  • Roof: Shingle
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: MILL CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 120

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned, Ceiling Fan(s)
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s), Summer/Winter Changeover
  • Heating: Yes
  • Hot Water: Bottled Gas, Electric
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Fencing: Decorative
  • Improvement Assessed Value: 533300.00
  • Land Assessed Value: 242300.00
  • Lot Features: Landscaping, Secluded, Private
  • Lot Size Acres: 3.39
  • Lot Size Area: 147668
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 147668.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Zoning: R-1

Building Info

  • Builder Name: PRINCE HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14974227
  • Tax Annual Amount: 7815.66
  • Assessor Parcel Number: 0501223402
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site, Rip-Rap

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Feb 25, 2016
Sold by
Guice Craig D and Guice Kristen M
Bought by
Hummer Kerry
Seller's Agent
Karen Towne
Home Towne Real Estate
Buyer's Agent
Carol King
Home Towne Real Estate
List Price
$949,900
Sold Price
$824,900
Premium/Discount to List
-$125,000
-13.16%
Current Estimated Value
$1,539,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,902
Avg. Annual Appreciation
6.66%
Original Mortgage
$774,900
Outstanding Balance
$616,169
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$923,633

Purchase Details

Closed on
Jul 29, 2011
Sold by
Principe Stephen G and Principe Mary L
Bought by
Guice Craig D and Guice Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2011
Sold by
Principe Stephen G and Principe Mary L
Bought by
Guice Craig D and Guice Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 1999
Sold by
Buehler Patrick
Bought by
Principe Stephen G and Principe Mary L
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
Hummer Kerry $824,900 Attorney
Guice Craig D $865,000 --
Guice Craig D $865,000 --
Guice Craig D $865,000 Cu Title Insurance Agency Ll
Guice Craig D $865,000 --
Guice Craig D $865,000 --
Principe Stephen G $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hummer Kerry $774,900
Previous Owner Guice Craig D $300,000
Previous Owner Guice Craig D $417,000
Previous Owner Guice Craig D $417,000
Closed Principe Stephen G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $824,900 0.0% $131 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
11/14/2015 11/14/15 Price Changed $824,900 -2.9% $131 / Sq Ft
10/29/2015 10/29/15 Price Changed $849,900 -10.5% $135 / Sq Ft
10/08/2015 10/08/15 For Sale $949,900 -- $151 / 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 $10,732 $1,041,333 $0 $0
2024 $10,732 $974,467 $0 $0
2023 $9,644 $907,600 $302,900 $604,700
2022 $9,266 $871,533 $0 $0
2021 $8,551 $835,467 $0 $0
2020 $8,551 $799,400 $302,900 $496,500
2019 $8,472 $788,400 $0 $0
2018 $8,344 $777,400 $0 $0
2017 $8,341 $766,400 $0 $0
2016 -- $766,400 $0 $0
2015 $4,934 $766,400 $0 $0
2014 $4,934 $775,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738654

Bright MLS

APN: 01-223402