NOT LISTED FOR SALE

243 Cove Dr Lusby, MD 20657

Estimated Value: $430,000 - $548,000

2 Beds
1 Bath
1,177 Sq Ft
$413/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $210,000 $178 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,971/month

Highlights

  • 60 Feet of Waterfront
  • Access to Tidal Water
  • River View
  • 1 Boat Dock
  • Fishing Allowed
  • Open Floorplan

About This Home

As of March 2023

Beautiful two bedroom one bath waterfront rental with private pier in Drum Point! This home has been beautifully renovated and is a must see! Laundry on main floor, unfinished basement with exterior access is perfect for storage. Water views from kitchen, living room and master bedroom. Fish, crab or boat from you own back yard! Must have good credit and rental history.

Last Agent to Rent the Property

Christina Vaselaros-Stevenson

(410) 610-8543 chrissy.vaselaros@mcnelisgroup.com RE/MAX Realty Group Listed on: 03/04/2023

RE/MAX Realty Group

Last Renter's Agent

Vanessa Gill

(410) 474-7791 realtorvanessagill@gmail.com O'Brien Realty ERA Powered License #0651113

O'Brien Realty ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Combination Kitchen and Living
  • Wood Flooring
  • River Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • 1 Boat Dock
  • Private Dock Site
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted

Schools

  • Mill Creek Middle School
  • Patuxent High School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,700
  • Tenant pays for exterior maintenance, gutter cleaning, trash removal, all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 3/4/23
  • Assessor Parcel Number 0501061909

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,890

Year Built

Built in 1960

Lot Details

0

HOA Fees

$16 per month

Rental Info

  • Date Available: 2023-03-04
  • Pets Allowed: No
  • Security Deposit: 1700.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Exterior Maintenance, Gutter Cleaning, Trash Removal, Utilities - All
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Dishwasher, Range Hood, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 1.44
  • Above Grade Finished Sq Ft: 1177
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • View: River, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 190.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Horses: No
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13591.00
  • Property Condition: Excellent
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 14950207
  • Assessor Parcel Number: 0501061909

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Feb 24, 2017
Sold by
Gray Linda M and Estate Of John Rudyard Gay Jr
Bought by
Trippett Michael C
Seller's Agent
Heather McInerney
PAX Real Estate
Buyer's Agent
Glynn Ford
e Venture LLC
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Current Estimated Value
$485,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,685
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Gambrill Matthew
Bought by
Gray John R

Purchase Details

Closed on
Feb 19, 1993
Sold by
Andress James Edwin
Bought by
Gambrill Matthew
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
Trippett Michael C $210,000 None Available
Gray John R $235,000 --
Gambrill Matthew $151,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Rented $1,700 0.0% --
03/05/2023 03/05/23 Under Contract -- -- --
03/04/2023 03/04/23 For Rent $1,700 +9.7% --
03/13/2021 03/13/21 Rented $1,550 0.0% --
03/05/2021 03/05/21 Under Contract -- -- --
03/05/2021 03/05/21 Off Market $1,550 -- --
03/01/2021 03/01/21 For Rent $1,550 +3.3% --
08/16/2019 08/16/19 Rented $1,500 0.0% --
07/16/2019 07/16/19 Under Contract -- -- --
07/10/2019 07/10/19 For Rent $1,500 0.0% --
02/24/2017 02/24/17 Sold $210,000 -16.0% $178 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $249,900 0.0% $212 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $249,900 -- $212 / 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 $4,890 $429,733 $0 $0
2024 $4,890 $416,867 $0 $0
2023 $4,587 $404,000 $308,300 $95,700
2022 $4,164 $400,767 $0 $0
2021 $9,100 $397,533 $0 $0
2020 $4,437 $394,300 $308,300 $86,000
2019 $4,136 $394,300 $308,300 $86,000
2018 $4,136 $394,300 $308,300 $86,000
2017 $4,660 $415,600 $0 $0
2016 -- $409,933 $0 $0
2015 $3,125 $404,267 $0 $0
2014 $3,125 $398,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2010482

Bright MLS

APN: 01-061909