NOT LISTED FOR SALE

2735 Spout Ln Lusby, MD 20657

Estimated Value: $2,512,000 - $2,859,000

6 Beds
4.5 Baths
7,600 Sq Ft
$351/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $1,900,000 $250 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,894/month

Highlights

  • 561 Feet of Waterfront
  • Pier
  • Private Beach
  • 2 Dock Slips
  • Guest House
  • In Ground Pool

About This Home

As of April 2016

PREMIER waterfront estate on St. Leonard Creek! Outstanding views, private pier & beach. Main Residence incl gourmet kitchen,dramatic living/ dining,great room w/ stone FP. Superb owner's suite with outrageous creek views, sitting room, 2-sided stone FP. GUEST HOUSE with 3 levels finished! Buildings adjoined by large upper deck, incredible outdoor living spaces. Pool & spa. Renovated 2005.

Last Agent to Sell the Property

Chris McNelis

(410) 610-4045 chris.mcnelis@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #17858 Listed on: 04/19/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Douglas Smith

(443) 532-5101 dougsmith.remax100@gmail.com RE/MAX Realty Group License #316176

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,100

Year Built

  • Built in 1992

Lot Details

  • 2.93 Acre Lot
  • 561 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Creek or Stream
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Premium Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Surface Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Transitional Architecture
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • 4 Fireplaces
  • Window Treatments
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Improved Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • In Ground Pool
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Lake Privileges
  • Balcony
  • Patio

Schools

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

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Multi-Tank Electric Water Heater
  • Well
  • Septic Tank
  • Satellite Dish

Additional Features

  • Guest House
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0501165704

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, recreation facility, road maintenance, snow removal
  • Spout Farm Subdivision, Custom W/ Guest House Floorplan
  • Spout Farm Community
  • The community has rules related to recreational equipment, alterations or architectural changes, commercial vehicles not allowed, covenants

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Pier or Dock
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,100

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Dryer, Extra Refrigerator/Freezer, Microwave, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Dining Area, Breakfast Area, Kitchen - Table Space, Kitchen - Gourmet, Primary Bath(s), Built-Ins, Crown Moldings, Double/Dual Staircase, Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Screens
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Cathedral Ceilings, Dry Wall, High, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Study, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 7600
  • Living Area Sq Ft: 7600
  • Price Per Sq Ft: 327.14
  • Above Grade Finished Sq Ft: 7000
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade, Guest House
  • Other Structures List: Guest House
  • Construction Materials: Hardiplank Type, Stone
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Extensive Hardscape, Flood Lights, Underground Lawn Sprinkler, Private Beach, Satellite Dish
  • Pool Features: In Ground
  • Pool Private: Yes
  • Road Surface Type: Gravel
  • Roof: Shingle
  • View: Water, Scenic Vista
  • View: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: ST. LEONARD CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 561

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Attached, Surface, Surface
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 119.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Multi-Tank, Electric
  • Security: Smoke Detector, Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Pier/Dock, Water/Lake Privileges, Club House
  • HOA Condo Co-Op Fee Includes: Insurance, Recreation Facility, Road Maintenance, Snow Removal
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Commercial Vehicles Prohibited, Covenants, Fencing, Pets - Allowed, Rec Equip, Restrictions
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Improvement Assessed Value: 595500.00
  • Land Assessed Value: 498200.00
  • Lot Features: Landscaping, Premium, Private
  • Lot Size Acres: 2.93
  • Lot Size Area: 127631
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 127631.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: A

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site, Sandy Beach

Tax Info

  • Assessor Parcel Number: 14942590
  • Tax Annual Amount: 11099.75
  • Assessor Parcel Number: 0501165704
  • Tax Lot: 3
  • Tax Page Number: 261
  • Tax Year: 2014

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Apr 13, 2016
Sold by
Justus Douglas M and Brown Melinda S
Bought by
Dent Amy E and Dent Timothy M
Seller's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Douglas Smith
RE/MAX Realty Group
List Price
$2,290,000
Sold Price
$1,900,000
Premium/Discount to List
-$390,000
-17.03%
Current Estimated Value
$2,669,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,250
Avg. Annual Appreciation
3.63%
Original Mortgage
$1,600,100
Outstanding Balance
$1,273,264
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,395,986

Purchase Details

Closed on
Jan 14, 2003
Sold by
Kolvek Thomas J and Kolvek Patricia R
Bought by
Justus Douglas M and Brown Melinda S

Purchase Details

Closed on
Jul 24, 1991
Sold by
Gross Joyce Miller
Bought by
Kolvek Thomas J and Kolvek Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.54%
Source: Public Records

Range of Values:

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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
Dent Amy E $1,900,000 Attorney
Justus Douglas M $1,100,000 --
Kolvek Thomas J $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dent Amy E $1,600,100
Previous Owner Kolvek Thomas J $300,000
Closed Justus Douglas M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2016 04/19/16 Sold $1,900,000 -17.0% $250 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $2,290,000 -- $301 / 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 $23,076 $2,278,700 $0 $0
2024 $23,076 $2,118,500 $0 $0
2023 $20,561 $1,958,300 $698,200 $1,260,100
2022 $20,189 $1,922,767 $0 $0
2021 $19,537 $1,887,233 $0 $0
2020 $19,537 $1,851,700 $698,200 $1,153,500
2019 $16,902 $1,596,367 $0 $0
2018 $14,182 $1,341,033 $0 $0
2017 $11,738 $1,085,700 $0 $0
2016 -- $1,085,700 $0 $0
2015 $12,434 $1,085,700 $0 $0
2014 $12,434 $1,093,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003905005

Bright MLS

APN: 01-165704