NOT LISTED FOR SALE

340 Maverick Rd Lusby, MD 20657

Estimated Value: $219,000 - $267,561

2 Beds
1 Bath
948 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $156,900 $166 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,585/month

12 Days on Market

Highlights

  • Home fronts navigable water
  • Open Floorplan
  • Community Lake
  • Water Access
  • Lake Privileges
  • Rambler Architecture

About This Home

As of June 2013

Good choice for first home--mortgage should be less than rent! Lots of updates inc kitchen cabinets & appl's, heat pump, windows, bath fixtures, carpet & ceramic tile, tankless hot water heater! Big L-shaped living/dining area with free-standing gas fireplace, 2 bedrooms & full bath. Wraparound covered porch overlooks big yard and woods--extra-large lot is almost an acre! Neighborhood lake, beach!

Last Agent to Sell the Property

Christine Shemeta

CENTURY 21 New Millennium License #513581 Listed on: 04/05/2013

CENTURY 21 New Millennium

Last Buyer's Agent

Mike Jordan

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1964

Lot Details

  • Home fronts navigable water
  • Backs to Trees or Woods

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 948 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Lake Privileges
  • Shed
  • Wrap Around Porch

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 31R
  • Assessor Parcel Number 0501076582

Community Details

Overview

  • Association fees include common area maintenance
  • Chesapeake Ranch Estates Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 1964

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1964
  • Remarks Public: Good choice for first home--mortgage should be less than rent! Lots of updates inc kitchen cabinets & appl's, heat pump, windows, bath fixtures, carpet & ceramic tile, tankless hot water heater! Big L-shaped living/dining area with free-standing gas fireplace, 2 bedrooms & full bath. Wraparound covered porch overlooks big yard and woods--extra-large lot is almost an acre! Neighborhood lake, beach!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 948
  • Living Area Sq Ft: 948
  • Price Per Sq Ft: 158.12
  • Above Grade Finished Sq Ft: 948
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY, LAKE LARIAT
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 115.00
  • 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, Tankless
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Lake, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Wrap Around
  • Year Assessed: 2013
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1345.90
  • Assessor Parcel Number: 0501076582
  • Tax Lot: 31R
  • Tax Total Finished Sq Ft: 672
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 06/13/2013

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 13, 2013
Sold by
Ighian Mircea
Bought by
Clover Jared
Seller's Agent
Christine Shemeta
CENTURY 21 New Millennium
Buyer's Agent
Mike Jordan
CENTURY 21 New Millennium
List Price
$149,900
Sold Price
$156,900
Premium/Discount to List
$7,000
4.67%
Current Estimated Value
$253,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,740
Avg. Annual Appreciation
4.14%
Original Mortgage
$160,273
Interest Rate
3.51%
Mortgage Type
VA

Purchase Details

Closed on
Oct 6, 2005
Sold by
Walsh Colleen M
Bought by
Ighian Mircea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,700
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Walshbrendlinger Colleen M and Walsh Collen M
Bought by
Ighian Mircea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,700
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
Joyce Susan Barnes
Bought by
Walsh Colleen M
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
Clover Jared $156,900 Bay County Title & Escrow Ll
Ighian Mircea $166,400 --
Ighian Mircea $166,400 None Available
Walsh Colleen M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clover Jared $155,120
Closed Clover Jared $160,273
Previous Owner Ighian Mircea $16,000
Previous Owner Ighian Mircea $169,700
Previous Owner Ighian Mircea $169,700
Closed Walsh Colleen M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $156,900 +4.7% $166 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $149,900 -- $158 / 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 $2,004 $154,767 $0 $0
2024 $2,004 $145,733 $0 $0
2023 $1,420 $136,700 $55,200 $81,500
2022 $1,392 $133,967 $0 $0
2021 $1,885 $131,233 $0 $0
2020 $1,885 $128,500 $55,200 $73,300
2019 $2,164 $128,500 $55,200 $73,300
2018 $379 $128,500 $55,200 $73,300
2017 $2,140 $129,800 $0 $0
2016 -- $127,400 $0 $0
2015 $2,001 $125,000 $0 $0
2014 $2,001 $122,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003436468

Bright MLS

APN: 01-076582