NOT LISTED FOR SALE

324 Overlook Dr Lusby, MD 20657

Estimated Value: $299,000 - $384,000

2 Beds
2 Baths
1,368 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $173,400 $127 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,985/month

12 Days on Market

Highlights

  • Water Views
  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Boat or Launch Ramp
  • Private Beach
  • Fishing Allowed

About This Home

As of November 2016

Best water view value in Drum Point! Enjoy Patuxent River sunsets on your huge screened porch. Well maintained home with new carpet, new screens on porch, 2 BR and 2 full baths, plenty of kitchen cabinet storage, large lot, separate laundry, brick fireplace w/ wood stove insert, original wood paneling, open living/dining . Separate garage/workshop. Beach amenities and community boat ramp nearby.

Last Agent to Sell the Property

Tracey Welch

(410) 202-8454 tracey.welch@redfin.com Douglas Realty LLC Listed on: 09/09/2016

Douglas Realty LLC

Last Buyer's Agent

Jeffrey Lewis

(410) 474-1811 jeffrey.lewis@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #649154

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Paneling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace With Glass Doors
  • Flue
  • Fireplace Mantel
  • Window Treatments
  • Living Room
  • Water Views

Kitchen

  • Gas Oven or Range
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Boat or Launch Ramp
  • Stream or River on Lot
  • Screened Patio
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0501070436

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,742

Year Built

Built in 1954

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main, Entry Slope <1', 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Remarks Public: Best water view value in Drum Point! Enjoy Patuxent River sunsets on your huge screened porch. Well maintained home with new carpet, new screens on porch, 2 BR and 2 full baths, plenty of kitchen cabinet storage, large lot, separate laundry, brick fireplace w/ wood stove insert, original wood paneling, open living/dining . Separate garage/workshop. Beach amenities and community boat ramp nearby.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Upgraded Countertops, Window Treatments, Stove - Wood, Floor Plan - Open
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s), Flue For Stove
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 324

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Shed Shop, Storage Barn/Shed
  • Other Structures List: Shed Shop, Storage Barn/Shed
  • Construction Materials: Combination
  • Exterior Features: Secure Storage, Private Beach
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Boat - Powered
  • Water Access: Yes
  • Water Body Name: PATUXENT RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 123.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 193.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • School District Key: 121139842846
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 11543
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11543.00
  • Outdoor Living Structures: Screened
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1742.45
  • Assessor Parcel Number: 0501070436
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1408
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 11/04/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Nov 3, 2016
Sold by
Rusch Matthew H
Bought by
Hulme Michael H
Seller's Agent
Tracey Welch
Douglas Realty LLC
Buyer's Agent
Jeffrey Lewis
Berkshire Hathaway HomeServices PenFed Realty
List Price
$172,500
Sold Price
$173,400
Premium/Discount to List
$900
0.52%
Current Estimated Value
$335,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,994
Avg. Annual Appreciation
7.61%
Original Mortgage
$136,000
Outstanding Balance
$109,356
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$226,038

Purchase Details

Closed on
Aug 9, 1995
Sold by
Staughton H
Bought by
Rusch Matthew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,751
Interest Rate
7.48%
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
Hulme Michael H $173,400 None Available
Rusch Matthew H $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulme Michael H $136,000
Previous Owner Rusch Matthew H $90,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $173,400 +0.5% $127 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $172,500 -- $126 / 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 $2,567 $217,133 $0 $0
2024 $2,567 $201,567 $0 $0
2023 $2,322 $186,000 $78,700 $107,300
2022 $1,897 $182,600 $0 $0
2021 $4,566 $179,200 $0 $0
2020 $2,155 $175,800 $78,700 $97,100
2019 $1,804 $171,967 $0 $0
2018 $1,764 $168,133 $0 $0
2017 $2,030 $164,300 $0 $0
2016 -- $162,800 $0 $0
2015 $2,047 $161,300 $0 $0
2014 $2,047 $159,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003907305

Bright MLS

APN: 01-070436