NOT LISTED FOR SALE

2055 Park Chesapeake Dr Lusby, MD 20657

Estimated Value: $463,000 - $609,000

5 Beds
3 Baths
2,541 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $424,000 $167 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,207/month

Highlights

  • Home fronts navigable water
  • 4.62 Acre Lot
  • Heat Pump System
  • Water Access
  • 1 Fireplace

About This Home

As of July 2020

Keep your horses here!! Come see this amazing farmette remodeled 5 bedroom 3 bath split foyer with open concept kitchen/dining/living area with beautiful deck in established Park Chesapeake neighborhood. Enjoy over 4 acres with 2 stalls and fenced in paddock/pasture and large shed. New roof, new hvac, new water heater, new appliances, new flooring, new windows, and freshly painted. Hoa amenities include private community Chesapeake Bay beach. Plenty of room make this beautiful house your home today.

Last Agent to Sell the Property

Adam Neal

(804) 432-8149 adamneal1984@gmail.com WV Heritage Real Estate, LLC. License #WVS250303913 Listed on: 05/07/2020

Co-Listed By

Mrs. Dole

(667) 404-9470 ashleydoleasquaredrealty@aol.com A Squared Realty License #657358

Last Buyer's Agent

Kimberly St. Laurent

(937) 613-1005 kimberly@brookematthews.com RE/MAX One License #672214

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,701

Year Built

  • Built in 1980

Lot Details

  • 4.62 Acre Lot
  • Home fronts navigable water

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement with some natural light

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Heat Pump System
  • Well
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Park Chesapeake Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0501149482

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,701

Year Built

Built in 1980

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-05-08
  • Year Built: 1980
  • Remarks Public: Keep your horses here!! Come see this amazing farmette remodeled 5 bedroom 3 bath split foyer with open concept kitchen/dining/living area with beautiful deck in established Park Chesapeake neighborhood. Enjoy over 4 acres with 2 stalls and fenced in paddock/pasture and large shed. New roof, new hvac, new water heater, new appliances, new flooring, new windows, and freshly painted. Hoa amenities include private community Chesapeake Bay beach. Plenty of room make this beautiful house your home today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Walkout Level, Fully Finished
  • Total Sq Ft: 2541
  • Living Area Sq Ft: 2541
  • Price Per Sq Ft: 304.11
  • Above Grade Finished Sq Ft: 1460
  • Below Grade Finished Sq Ft: 1081
  • Total Below Grade Sq Ft: 1081
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2055

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143100.00
  • Land Assessed Value: 172500.00
  • Land Use Code: 010
  • Lot Size Acres: 4.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 201247.00
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14943787
  • Tax Annual Amount: 3701.00
  • Assessor Parcel Number: 0501149482
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2541
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/17/2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 17, 2020
Sold by
Waite Jacob
Bought by
Schauer Westley
Seller's Agent
Adam Neal
WV Heritage Real Estate, LLC.
Buyer's Agent
Kimberly St. Laurent
RE/MAX One
List Price
$449,000
Sold Price
$424,000
Premium/Discount to List
-$25,000
-5.57%
Current Estimated Value
$530,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,719
Avg. Annual Appreciation
4.35%
Original Mortgage
$416,320
Outstanding Balance
$369,850
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$160,869

Purchase Details

Listed on
Oct 3, 2018
Closed on
Aug 23, 2019
Sold by
Moschetto Anthony C and Moschetto Holly L
Bought by
Waite Jacob
Seller's Agent
Adam Neal
WV Heritage Real Estate, LLC.
Buyer's Agent
Mrs. Dole
A Squared Realty
List Price
$325,000
Sold Price
$200,000
Premium/Discount to List
-$125,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.46%

Purchase Details

Closed on
Nov 2, 2005
Sold by
Pittman Jennifer L
Bought by
Moschetto Anthony C and Moschetto Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 2005
Sold by
Pittman Jennifer L
Bought by
Moschetto Anthony C and Moschetto Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 21, 2005
Sold by
Buck Raymond W
Bought by
Pittman Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 2005
Sold by
Buck Raymond Wilbur
Bought by
Pittman Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.59%
Mortgage Type
Stand Alone Second
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
Schauer Westley $424,000 Southern Maryland Title
Waite Jacob $200,000 Aspect Title & Escrow Llc
Moschetto Anthony C $350,000 --
Moschetto Anthony C $350,000 None Available
Pittman Jennifer L $260,000 --
Pittman Jennifer L $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schauer Westley $416,320
Previous Owner Moschetto Anthony C $70,000
Previous Owner Moschetto Anthony C $280,000
Previous Owner Moschetto Anthony C $280,000
Previous Owner Pittman Jennifer L $52,000
Previous Owner Pittman Jennifer L $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2020 07/17/20 Sold $424,000 -4.5% $167 / Sq Ft
05/22/2020 05/22/20 Price Changed $444,000 -1.1% $175 / Sq Ft
05/07/2020 05/07/20 For Sale $449,000 +124.5% $177 / Sq Ft
08/23/2019 08/23/19 Sold $200,000 -27.3% $79 / Sq Ft View Prior Sale
02/15/2019 02/15/19 Pending -- -- --
02/08/2019 02/08/19 Price Changed $275,000 -8.3% $108 / Sq Ft
11/29/2018 11/29/18 Price Changed $300,000 -7.7% $118 / Sq Ft
10/03/2018 10/03/18 For Sale $325,000 -- $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 $4,557 $443,833 $0 $0
2024 $4,557 $402,267 $0 $0
2023 $3,962 $360,700 $172,500 $188,200
2022 $3,802 $345,667 $0 $0
2021 $7,605 $330,633 $0 $0
2020 $3,291 $315,600 $172,500 $143,100
2019 $3,291 $313,733 $0 $0
2018 $3,271 $311,867 $0 $0
2017 $3,481 $310,000 $0 $0
2016 -- $310,000 $0 $0
2015 -- $310,000 $0 $0
2014 $3,958 $312,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA176122

Bright MLS

APN: 01-149482