NOT LISTED FOR SALE

277 Cove Dr Lusby, MD 20657

Estimated Value: $782,000 - $986,000

3 Beds
3 Baths
2,411 Sq Ft
$374/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $759,990 $315 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,273/month

40 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Fishing Allowed
  • 2 Fireplaces
  • Private Dock Site
  • Contemporary Architecture
  • Stainless Steel Appliances

About This Home

As of September 2021

Awesome contemporary on a protected cove! Unique floor plan taking in loads of natural light bringing the outside in. Preparing meals in the custom designed kitchen with scenic views of the water will not be a chore. From the high end granite counters, stainless steel appliances, and recessed lighting to the brand new vinyl plank flooring, this home creates an inviting retreat for any homeowner. Fresh, open & airy 2 story family room with cozy wood fireplace leads out to an expansive deck overlooking a gentle professionally designed slope to the water. 2 cozy bedrooms on the main level with a full bath to include a soaking tub and separate shower. You won't want to leave the primary bedroom upstairs! Floor to vaulted ceiling windows bridge the inside to the outside in this gracious space. Cozy corner gas fireplace to warm up on those chilly winter nights. Full Primary bath, washer/dryer, and ample closets complete the remarkable en-suite. Additional full bath on the upper level too! Lower level has those all important mechanicals to include a tankless water heater, water softener and reverse osmosis filter system plus another washer & dryer. Great unfinished area for workshop/crafts/ or storage plus a rough in for a half bath. The pier already has a jet ski lift and electric for those that want to add a boat lift. Call today for your private showing

Last Agent to Sell the Property

Tracey Summers

(240) 298-8917 tracey.summers@c21nm.com CENTURY 21 New Millennium License #622796 Listed on: 07/24/2021

CENTURY 21 New Millennium

Last Buyer's Agent

Maria Strong

(301) 643-1822 mariastrong@hotmail.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,411 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Water Views

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Garage Access

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property Near A Cove
  • Rip-Rap
  • Private Dock Site
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Tankless Water Heater
  • Bottled Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0501076078

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,525

Year Built

Built in 1996

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-25
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Remarks Public: Awesome contemporary on a protected cove! Unique floor plan taking in loads of natural light bringing the outside in. Preparing meals in the custom designed kitchen with scenic views of the water will not be a chore. From the high end granite counters, stainless steel appliances, and recessed lighting to the brand new vinyl plank flooring, this home creates an inviting retreat for any homeowner. Fresh, open & airy 2 story family room with cozy wood fireplace leads out to an expansive deck overlooking a gentle professionally designed slope to the water. 2 cozy bedrooms on the main level with a full bath to include a soaking tub and separate shower. You won't want to leave the primary bedroom upstairs! Floor to vaulted ceiling windows bridge the inside to the outside in this gracious space. Cozy corner gas fireplace to warm up on those chilly winter nights. Full Primary bath, washer/dryer, and ample closets complete the remarkable en-suite. Additional full bath on the upper level too! Lower level has those all important mechanicals to include a tankless water heater, water softener and reverse osmosis filter system plus another washer & dryer. Great unfinished area for workshop/crafts/ or storage plus a rough in for a half bath. The pier already has a jet ski lift and electric for those that want to add a boat lift. Call today for your private showing
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Fireplaces Count: 2
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Garage Access, Unfinished, Walkout Level
  • Laundry Type: Lower Floor, Upper Floor
  • Total Sq Ft: 2411
  • Living Area Sq Ft: 2411
  • Price Per Sq Ft: 315.22
  • Above Grade Finished Sq Ft: 2411
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 277

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Water
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 165.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 010
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5525.00
  • Assessor Parcel Number: 0501076078
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 2411
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/30/2021

Multi Family

  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 30, 2021
Sold by
Porter Todd A and Oconnor Porter Jennifer
Bought by
Rowe Claudia and Rowe Steven
Seller's Agent
Tracey Summers
CENTURY 21 New Millennium
Buyer's Agent
Maria Strong
CENTURY 21 New Millennium
List Price
$759,990
Sold Price
$759,990
Current Estimated Value
$902,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,227
Avg. Annual Appreciation
4.29%
Original Mortgage
$474,990
Outstanding Balance
$433,147
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$469,070

Purchase Details

Listed on
Apr 13, 2012
Closed on
Jul 19, 2012
Sold by
Myers Timothy W and Myers Catherine M
Bought by
Porter Todd A and Oconnor Jennifer M
Seller's Agent
Kimberly Sherrill
Taylor Properties
Buyer's Agent
Tracey Summers
CENTURY 21 New Millennium
List Price
$637,500
Sold Price
$601,000
Premium/Discount to List
-$36,500
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$540,900
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1991
Sold by
Wyman Howard D
Bought by
Myers Timothy W and Myers Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.82%
Source: Public Records

Range of Values:

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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
Rowe Claudia $759,990 Capitol Title Group
Porter Todd A $601,000 Bay County Title & Escrow In
Myers Timothy W $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Claudia $474,990
Previous Owner Porter Todd A $540,900
Previous Owner Myers Timothy W $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $759,990 0.0% $315 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $759,990 +26.5% $315 / Sq Ft
07/19/2012 07/19/12 Sold $601,000 -5.7% $167 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $637,500 -- $177 / 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 $6,327 $597,800 $0 $0
2024 $6,327 $550,000 $0 $0
2023 $5,607 $502,200 $223,100 $279,100
2022 $5,562 $498,133 $0 $0
2021 $11,123 $494,067 $0 $0
2020 $5,436 $490,000 $223,100 $266,900
2019 $5,012 $477,833 $0 $0
2018 $4,885 $465,667 $0 $0
2017 $5,097 $453,500 $0 $0
2016 -- $451,033 $0 $0
2015 $5,598 $448,567 $0 $0
2014 $5,598 $446,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2000814

Bright MLS

APN: 01-076078