NOT LISTED FOR SALE

185 Fargo Rd Lusby, MD 20657

Estimated Value: $393,000 - $437,000

4 Beds
2.5 Baths
2,715 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $315,000 $116 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,712/month

2 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Lake Privileges
  • Pier or Dock
  • Water Access
  • Colonial Architecture

About This Home

As of June 2021

Another wonderful colonial in beach access with front porch for enjoying this summer! Yard is fenced. Easy care flooring on main level. Big bedrooms. Walk out basement to use how you like. Newer roof. 2 car garage

Last Agent to Sell the Property

Jan Kleponis

O'Brien Realty ERA Powered License #535259 Listed on: 05/16/2021

O'Brien Realty ERA Powered

Last Buyer's Agent

Pelin Basiliko

JPAR Real Estate Professionals

JPAR Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,003

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0501150758

Community Details

Overview

  • Association fees include common area maintenance, management, pier/dock maintenance, reserve funds, road maintenance, snow removal
  • Poacre HOA
  • Chesapeake Ranch Estates Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Beach
  • Baseball Field
  • Community Basketball Court
  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,003

Year Built

Built in 1997

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-16
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Another wonderful colonial in beach access with front porch for enjoying this summer! Yard is fenced. Easy care flooring on main level. Big bedrooms. Walk out basement to use how you like. Newer roof. 2 car garage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Unfinished, Walkout Level
  • Total Sq Ft: 3232
  • Living Area Sq Ft: 2715
  • Price Per Sq Ft: 136.65
  • Above Grade Finished Sq Ft: 2188
  • Below Grade Finished Sq Ft: 527
  • Below Grade Sq Ft: 517
  • Total Below Grade Sq Ft: 1044
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 185

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Name: Lake Lariat and Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 505.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Club House, Common Grounds, Lake, Picnic Area, Pier/Dock, Security, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: POACRE
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139842846
  • School District Source: 3rd Party
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 218700.00
  • Land Assessed Value: 55200.00
  • Land Use Code: 010
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14943711
  • Tax Annual Amount: 3003.00
  • Assessor Parcel Number: 0501150758
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 2715
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Jun 30, 2021
Sold by
Budde Matthew W
Bought by
Britos Richard
Seller's Agent
Jan Kleponis
O'Brien Realty ERA Powered
Buyer's Agent
Pelin Basiliko
JPAR Real Estate Professionals
List Price
$299,000
Sold Price
$315,000
Premium/Discount to List
$16,000
5.35%
Current Estimated Value
$433,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,194
Avg. Annual Appreciation
7.30%
Original Mortgage
$321,212
Outstanding Balance
$292,711
Interest Rate
2.9%
Mortgage Type
USDA
Estimated Equity
$128,952

Purchase Details

Listed on
Jun 5, 2012
Closed on
Mar 12, 2013
Sold by
Department Of Housing & Urban Developmen
Bought by
Budde Matthew W
Seller's Agent
Gladwin D'Costa
Maryland REO Realty, LLC
Buyer's Agent
Matthew Budde
EXP Realty, LLC
List Price
$175,365
Sold Price
$169,000
Premium/Discount to List
-$6,365
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$172,633
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Jun 21, 2012
Sold by
Diaz Ramon V and Diaz Wanda E
Bought by
Secretary Of Housing & Urban Dev

Purchase Details

Closed on
Dec 2, 1997
Sold by
Vincent B Goldsmith Inc
Bought by
Diaz Ramon V and Diaz Wanda E

Purchase Details

Closed on
Mar 27, 1997
Sold by
Phelps Gregory T
Bought by
Vincent B Goldsmith Inc

Purchase Details

Closed on
Oct 22, 1993
Sold by
Lena Assoc Inc
Bought by
Phelps Gregory T
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
Britos Richard $315,000 Blue Crab Title & Escrow Llc
Budde Matthew W $169,000 Lawyers Advantage Title Grou
Secretary Of Housing & Urban Dev $203,000 --
Diaz Ramon V $146,200 --
Vincent B Goldsmith Inc $7,000 --
Phelps Gregory T $14,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britos Richard $321,212
Previous Owner Budde Matthew W $218,000
Previous Owner Budde Matthew W $172,633
Previous Owner Budde Matthew W $172,633
Closed Diaz Ramon V --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $315,000 +5.4% $116 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $299,000 0.0% $110 / Sq Ft
05/23/2019 05/23/19 Rented $1,700 0.0% --
05/09/2019 05/09/19 For Rent $1,700 +3.0% --
03/09/2018 03/09/18 Rented $1,650 0.0% --
03/09/2018 03/09/18 Under Contract -- -- --
02/26/2018 02/26/18 For Rent $1,650 0.0% --
03/16/2015 03/16/15 Rented $1,650 -8.3% --
03/16/2015 03/16/15 Under Contract -- -- --
02/21/2015 02/21/15 For Rent $1,800 0.0% --
03/13/2013 03/13/13 Sold $169,000 -3.6% $77 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $175,365 0.0% $80 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
10/15/2012 10/15/12 Price Changed $175,365 -10.0% $80 / Sq Ft
10/08/2012 10/08/12 For Sale $194,850 0.0% $89 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $194,850 0.0% $89 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
07/20/2012 07/20/12 Price Changed $194,850 -10.0% $89 / Sq Ft
06/05/2012 06/05/12 For Sale $216,500 -- $99 / 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 $3,710 $333,767 $0 $0
2024 $3,710 $303,833 $0 $0
2023 $3,000 $273,900 $55,200 $218,700
2022 $3,184 $265,400 $0 $0
2021 $6,367 $256,900 $0 $0
2020 $3,013 $248,400 $55,200 $193,200
2019 $2,583 $246,267 $0 $0
2018 $2,561 $244,133 $0 $0
2017 $2,948 $242,000 $0 $0
2016 -- $242,000 $0 $0
2015 $3,183 $242,000 $0 $0
2014 $3,183 $245,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA182802

Bright MLS

APN: 01-150758