NOT LISTED FOR SALE

331 Sachem Dr Lusby, MD 20657

Estimated Value: $519,000 - $579,000

4 Beds
2.5 Baths
3,501 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $380,000 $109 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,310/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Colonial Architecture
  • Beach
  • Water Access
  • Traditional Floor Plan

About This Home

As of September 2020

Location, Location, Location ! This stunning 4 bedroom Majestic home located in the desirable Drum Point community, is situated on a large corner lot and just blocks from the Patuxent River and the Drum Point Club. This home boasts over 2,400 sqft of living space, stainless steel appliances, 42" raised panel maple cabinets, oak stairs in foyer, vaulted ceiling in master bedroom, soaking tub w/ jets, two zone heat pump w/ gas back-up, buried 500 gallon propane tank, concrete driveway, and a gas fireplace. The basement offers a full bath rough-in with unlimited possibilities. Located in a water access community with beach and boat ramp access near Pax River. * **shed, riding lawn mower, portable generator (hard wired), ADT alarm system, Nest Thermostats and Nest front door will convey with the property

Last Agent to Sell the Property

Bevia Patrick

(410) 829-1481 info@thepatrickteam.com Keller Williams Flagship Listed on: 07/17/2020

Keller Williams Flagship

Co-Listed By

Jeffrey Patrick

(410) 200-1037 jeffrey.patrick88@gmail.com Keller Williams Flagship

Last Buyer's Agent

Kimberly Hayes

(443) 624-3900 kimberly.hayes@c21nm.com CENTURY 21 New Millennium License #668312

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,064

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • Corner Lot
  • Level Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Cathedral Ceiling
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Whirlpool Bathtub

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Well
  • Propane Water Heater
  • Gravity Septic Field
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0501061747

Community Details

Overview

  • Drum Point Community Association, Phone Number (410) 326-6148
  • Built by Majestic Homes
  • Drum Point Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,064

Year Built

Built in 2005

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-07-17
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Oven/Range - Electric, Microwave, Refrigerator
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Traditional, Primary Bath(s), Whirlpool/Hottub, Wood Floors
  • Fireplaces Count: 1
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3680
  • Living Area Sq Ft: 3501
  • Price Per Sq Ft: 152.73
  • Above Grade Finished Sq Ft: 2488
  • Below Grade Finished Sq Ft: 1013
  • Below Grade Sq Ft: 179
  • Total Below Grade Sq Ft: 1192
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick, Combination
  • Roof: Shingle
  • 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: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • 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
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Gravity Sept Fld, Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 164.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp
  • HOA Name: DRUM POINT COMMUNITY ASSOCIATION
  • HOA Phone: 410-326-6148
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 282900.00
  • Land Assessed Value: 78700.00
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11543.00
  • Zoning: R-1
  • In City Limits: No

Building Info

  • Builder Name: Majestic Homes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14950222
  • Tax Annual Amount: 4064.00
  • Assessor Parcel Number: 0501061747
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 18, 2020
Sold by
Bates Bryan Lee and Bates Maria Graziella
Bought by
Noll Barry F and Noll Melanie C
Seller's Agent
Bevia Patrick
Keller Williams Flagship
Buyer's Agent
Kimberly Hayes
CENTURY 21 New Millennium
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$551,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,564
Avg. Annual Appreciation
7.56%
Original Mortgage
$383,838
Outstanding Balance
$340,631
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,933

Purchase Details

Closed on
Jun 7, 2005
Sold by
Majestic Homes Inc
Bought by
Bates Bryan Lee and Bates Maria Graziella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,920
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2005
Sold by
Majestic Homes Inc
Bought by
Bates Bryan Lee and Bates Maria Graziella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,920
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2004
Sold by
Adami Pierre F T
Bought by
Majestic Homes Inc
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
Noll Barry F $380,000 Bay County Settlements Inc
Bates Bryan Lee $424,900 --
Bates Bryan Lee $424,900 None Available
Majestic Homes Inc $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noll Barry F $383,838
Previous Owner Bates Bryan Lee $339,920
Previous Owner Bates Bryan Lee $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $380,000 0.0% $109 / Sq Ft
07/20/2020 07/20/20 Price Changed $380,000 +1.3% $109 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $375,000 -- $107 / 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 $4,833 $467,467 $0 $0
2024 $4,833 $420,833 $0 $0
2023 $4,277 $374,200 $78,700 $295,500
2022 $4,230 $370,000 $0 $0
2021 $8,461 $365,800 $0 $0
2020 $4,095 $361,600 $78,700 $282,900
2019 $3,654 $348,367 $0 $0
2018 $3,516 $335,133 $0 $0
2017 $3,705 $321,900 $0 $0
2016 -- $320,233 $0 $0
2015 $3,975 $318,567 $0 $0
2014 $3,975 $316,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA177086

Bright MLS

APN: 01-061747