$350,000
SOLD NOV 30, 2014

251 Cove Dr Lusby, MD 20657

4 Beds
2.5 Baths
4,079 Sq Ft
0.44 Acres

Recently Sold

$86 Per Sq Ft

18% Below List Price

101 Days on Market

Highlights

  • 2 Dock Slips
  • Open Floorplan
  • Rambler Architecture
  • Pier
  • Home fronts a canal
  • Space For Rooms

About This Home

As of November 2014

This waterfront home will not last long, 4 bedroom 2.5 baths,large familyroom and large livingroom with fireplace and slider to deck master has slider to deck Big kitchen,Sep dining room,all room in this home are large, Oversized 2 car Over 100 feet of waterfront pier with electric Bulk head needs replacing. Interior is dated and basement needs TLC. Home is offerd as is only.

Last Agent to Sell the Property

Michael Stanton

Berkshire Hathaway HomeServices PenFed Realty Listed on: 07/23/2014

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Matthew Budde

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,077

Year Built

  • Built in 1980

Lot Details

  • 0.44 Acre Lot
  • Home fronts a canal

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Dining Area

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump
  • Shelving
  • Space For Rooms
  • Workshop
  • Natural lighting in basement

Outdoor Features

  • Pier
  • Water Oriented
  • Property is near a canal
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0501069667

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,077

Year Built

Built in 1980

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Table Space, Kitchen - Country, Breakfast Area, Floor Plan - Open, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Heated, Improved, Daylight, Full, Partially Finished, Shelving, Space For Rooms, Walkout Level, Workshop, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 4579
  • Living Area Sq Ft: 4079
  • Price Per Sq Ft: 154.91
  • Above Grade Finished Sq Ft: 2579
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access Features: Boat - Powered
  • Water Access: No
  • Water Body Name: LEASON COVE
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Circular Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, Attached Garage

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

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 235300.00
  • Land Assessed Value: 258700.00
  • Lot Size Acres: 0.44
  • Lot Size Area: 19079
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19079.00
  • Year Assessed: 2014
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949663
  • Tax Annual Amount: 5076.76
  • Assessor Parcel Number: 0501069667
  • Tax Lot: 13
  • Tax Total Finished Sq Ft: 2579
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 11/30/2014

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Dec 1, 2014
Sold by
Vandyke Elizabeth and Vandyke George Charles
Bought by
Budde Matthew and Budde Petra
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Matthew Budde
EXP Realty, LLC
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$315,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1987
Sold by
Mcrorie Edward F and Mcrorie Janice M
Bought by
Vandyke Charles L and Vandyke Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
10.37%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 None Available
Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,000 Credit Line Revolving
Open $407,000 VA
Closed $315,000 Purchase Money Mortgage
Previous Owner $55,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $599,000 +71.1% $232 / Sq Ft
11/30/2014 11/30/14 Sold $350,000 -12.4% $86 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
09/15/2014 09/15/14 Price Changed $399,500 -6.0% $98 / Sq Ft
07/23/2014 07/23/14 For Sale $425,000 -- $104 / 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 $6,303 $582,167 $0 $0
2024 $6,303 $547,833 $0 $0
2023 $5,335 $513,500 $258,700 $254,800
2022 $5,139 $494,633 $0 $0
2021 $11,050 $475,767 $0 $0
2020 $5,090 $456,900 $258,700 $198,200
2019 $4,793 $456,900 $258,700 $198,200
2018 $4,793 $456,900 $258,700 $198,200
2017 $5,504 $489,300 $0 $0
2016 -- $489,300 $0 $0
2015 $5,951 $489,300 $0 $0
2014 $5,951 $494,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003126222

Bright MLS

APN: 01-069667