NOT LISTED FOR SALE

1395 Sollers Wharf Rd Lusby, MD 20657

Estimated Value: $416,000 - $591,000

5 Beds
3 Baths
1,912 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $235,000 $123 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,939/month

11 Days on Market

Highlights

  • 1.05 Acre Lot
  • Traditional Floor Plan
  • Workshop
  • Wooded Lot
  • Rambler Architecture
  • No HOA

About This Home

As of June 2014

GREAT STARTER HOME OR MOVE UP, THREE BEDROOMS TWO FULL BATH LIVING ROOM, DINING ROOM AND KITCHEN ALL ON MAIN,FULL BASEMENT WITH BAR, STORAGE AND WOOD STOVE THAT HEAT THE WHOLE HOME,ALSO A TWO BEDROOM ONE BATH INLAW SUITE WITH SEP ENTRANCE. LOTS OF PARKING AND TWO VERY LARGE SHEDS ALL ON 1+ AC

Last Agent to Sell the Property

Michael Stanton

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/21/2014

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Michael Stanton

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/21/2014

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1986

Lot Details

  • 1.05 Acre Lot
  • Cleared Lot
  • The property's topography is level
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned RUR

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Combination Kitchen and Dining Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry
  • Workshop

Parking

  • Parking Space Number Location: 6
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0501199463

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,931

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Combination Kitchen/Dining, Dining Area, Kitchen - Eat-In, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance, Full, Fully Finished, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 1912
  • Living Area Sq Ft: 1912
  • Price Per Sq Ft: 128.09
  • Above Grade Finished Sq Ft: 1912
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Parking Space Number Assigned: 6
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 160900.00
  • Land Assessed Value: 119400.00
  • Lot Features: Trees/Wooded, Cleared
  • Lot Size Acres: 1.05
  • Lot Size Area: 45738
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2014
  • Zoning: RUR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14976045
  • Tax Annual Amount: 2931.21
  • Assessor Parcel Number: 0501199463
  • Tax Total Finished Sq Ft: 1912
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 06/30/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 25, 2014
Sold by
Russell William J and Estate Of John W Henning
Bought by
Gates Donald D and Gates Mary Beth
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
List Price
$244,900
Sold Price
$235,000
Premium/Discount to List
-$9,900
-4.04%
Current Estimated Value
$477,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,544
Avg. Annual Appreciation
6.84%
Original Mortgage
$236,052
Outstanding Balance
$180,056
Interest Rate
4.12%
Mortgage Type
VA
Estimated Equity
$310,604

Purchase Details

Closed on
Jul 14, 2005
Sold by
Henning John W and Henning Carla G
Bought by
Henning John W

Purchase Details

Closed on
Jul 12, 2005
Sold by
Henning John W and Henning Carla G
Bought by
Henning John W

Purchase Details

Closed on
Feb 4, 1986
Sold by
Breeden Jacob E and Breeden Erma M
Bought by
Henning John W and Henning Carla G
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
Gates Donald D $235,000 None Available
Henning John W -- --
Henning John W -- None Available
Henning John W $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Donald D $236,052
Previous Owner Henning John W $110,750
Previous Owner Henning John $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $235,000 -4.0% $123 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $244,900 -- $128 / 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 $4,042 $380,400 $0 $0
2024 $4,042 $354,500 $0 $0
2023 $3,628 $328,600 $122,400 $206,200
2022 $3,514 $317,867 $0 $0
2021 $3,299 $307,133 $0 $0
2020 $3,299 $296,400 $122,400 $174,000
2019 $3,276 $293,000 $0 $0
2018 $3,227 $289,600 $0 $0
2017 $3,231 $286,200 $0 $0
2016 -- $284,233 $0 $0
2015 $3,452 $282,267 $0 $0
2014 $3,452 $280,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003013006

Bright MLS

APN: 01-199463