NOT LISTED FOR SALE

1361 Gregg Dr Lusby, MD 20657

Estimated Value: $47,000 - $396,000

0.48 Acre
$340,277 Price per Acre
20,909 Sq Ft Lot

Last Sold October 21, 2024

Last sale price $45,000 $25 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $920/month

257 Days on Market

About This Lot

As of October 2024

This property is in a serene water community near Solomons Island! The .48-acre land lot offers the perfect canvas for your vision – whether you're looking to build a brand-new home or utilize the existing foundation for your custom design. There is an existing well and septic on the lot.
What sets this property apart is the incredible opportunity it presents with a house package from Caruso Homes. This exclusive package simplifies the home-building process, allowing you to seamlessly transform your dreams into reality. The residential listing status ensures that you can confidently embark on your homeownership journey with the assurance of a well-planned and approved development.
Whether you're envisioning a new residence or a space for storage, this property offers endless possibilities. Don't miss out on the chance to create your oasis in this desirable water community. Seize this rare opportunity to own a piece of tranquility near Solomons Island!

Last Agent to Sell the Property

Randall Utz

(410) 610-0702 randy@vrgre.com EXP Realty, LLC License #652069 Listed on: 01/09/2024

EXP Realty, LLC

Co-Listed By

Vicky Horsmon

(301) 536-4420 vicky@vrgre.com EXP Realty, LLC

Last Buyer's Agent

Katherine Dean

(301) 481-6239 kathy.dean@verizon.net RE/MAX One

RE/MAX One

Property Details

Property Type

  • Land

Lot Details

  • 0.48 Acre Lot
  • Wooded Lot

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 0501149601

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.38

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21000.00
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1165.00
  • Assessor Parcel Number: 0501149601
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Oct 21, 2024
Sold by
Horsmon Vicky L and Horsmon Jeffrey A
Bought by
Mateo-Hernandez Stephany N
Seller's Agent
Randall Utz
EXP Realty, LLC
Buyer's Agent
Katherine Dean
RE/MAX One
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Views
80
Current Estimated Value
$163,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,333
Avg. Annual Appreciation
212.93%
Original Mortgage
$36,000
Outstanding Balance
$35,603
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$127,730

Purchase Details

Closed on
Dec 20, 2021
Sold by
Dides Qiese Sameh
Bought by
Horsmon Jeffrey A and Horsmon Vicky L

Purchase Details

Closed on
May 9, 2001
Sold by
Wilkinson Courtice T
Bought by
Ghanayem Maher Musa and Maher Mervat

Purchase Details

Closed on
Jan 9, 2001
Sold by
Farrell Michael C and Farrell Shonne N
Bought by
Wilkinson Courtice T and Wilkinson Stephanie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mateo-Hernandez Stephany N $45,000 Lighthouse Title
Mateo-Hernandez Stephany N $45,000 Lighthouse Title
Horsmon Jeffrey A $40,000 None Available
Ghanayem Maher Musa $155,000 --
Wilkinson Courtice T $141,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mateo-Hernandez Stephany N $36,000
Closed Mateo-Hernandez Stephany N $36,000
Closed Wilkinson Courtice T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $45,000 -10.0% $25 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $50,000 -16.7% $28 / Sq Ft
01/09/2024 01/09/24 For Sale $60,000 -- $33 / 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 $768 $71,167 $0 $0
2024 $755 $69,933 $0 $0
2023 $714 $68,700 $68,700 $0
2022 $714 $68,700 $68,700 $0
2021 $714 $68,700 $68,700 $0
2020 $922 $68,700 $68,700 $0
2019 $721 $68,700 $68,700 $0
2018 $721 $68,700 $68,700 $0
2017 $914 $68,700 $0 $0
2016 -- $68,700 $0 $0
2015 $1,516 $68,700 $0 $0
2014 $1,516 $68,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2014172

Bright MLS

APN: 01-149601