NOT LISTED FOR SALE

397 Overlook Dr Lusby, MD 20657

Estimated Value: $1,045,000 - $1,102,000

5 Beds
4 Baths
3,726 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,000,000 $268 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,300/month

8 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 3 Dock Slips
  • Pier
  • Boat Ramp
  • Beach
  • Private Beach

About This Home

As of September 2023

Welcome to Ri-Va-Vu! This is the quintessential southern MD waterfront home located on the Patuxent River with views to NAS Patuxent River, the mouth of the Chesapeake Bay, and Solomons Island. This impeccable contemporary Cedar home comes with everything you could wish for the complete waterfront lifestyle! Located in highly sought-after of Drum Point, this home sits at one of the highest elevations in the community.

The thoughtful floorplan combines open concept with cozy spaces for easy entertaining of both small or large gatherings. Upon entry, you’ll immediately see the water from multiple large windows across the back of the home. Once you can tear your eyes away from the view, you’ll notice the gorgeous soaring vaulted cedar plank ceiling and stairway, the sunken living room with 2 story fireplace/chimney with an Enviro M55 pellet stove, and the bump out that provides 180-degree views of the water. The kitchen has been updated to please any chef and includes marble countertops, a 4-door SS fridge, prep sink, walk-in pantry, trash compactor, deep SS double sink and of course – river views over the sink! There is a dining area with French doors leading to the 22x10 main-level deck with motorized Sunair retractable awning. The main level floorplan is built to accommodate multiple seating areas – the bump-out is a lovely spot to create a space to use as a sunroom or breakfast room.

Moving on you’ll find a bedroom with private balcony and en suite – perfect if you need one-level living. There are two more bedrooms (one currently used as an office) and another full bath.

Heading upstairs, you’ll come to the catwalk sunroom overlooking the living room. This area has incredible water views and can be used as a sitting room, artists’ space, office… use your imagination! The huge primary suite on the second floor has vaulted ceilings, endless water views, an unbelievably large walk-in closet, luxury spa bath (with water views too!), and a sitting room/office space with private balcony… there is even a laundry chute. Closet is even plumbed for a stackable washer and dryer. An incredibly relaxing and private retreat to begin and end each day.

In the basement the sunlight pours in through the windows that face the river. The family room is expansive and has room for TV lounging, gaming tables, and more. Here you’ll find yet another large bedroom with those amazing water views. There is also a 4th full bath downstairs so this has excellent in-law apartment potential. The laundry room is another large space with tiled flooring and a second full-sized refrigerator. And there is one more space to tour here – the storage room with shelving and pegboard that can be used for storage, crafts, and/or hobbies.

Outside, you’ll enjoy bird-watching, nature-watching, and great photographic moments. The property is thoughtfully hardscaped and landscaped to include a wide variety of trees, shrubs, and perennials, a huge deck, a huge patio, and even a waterfall – a lush playground teeming with diverse flora and fauna. The large deck and patio areas are perfect for enjoying crabs while watching the river go by. The pier was rebuilt in 2021 to be 20” higher than the previous pier. The sailboat regattas, dolphins, skates, and waterfowl provide endless entertainment.

The purchase of this property also includes an opportunity for a full membership to the Drum Point Club within walking distance from the property. Please refer to the documents section for more details.

The following conveys with a full price offer: one-year paid extension for alarm system service, 1985 Catalina sailboat, 18’ fishing boat with motor and trailer, 4 kayaks, fishing gear, crab pots, hammock, grill on main back deck, and all exterior furniture with the exception of the white café table and chairs on the patio! Literally EVERYTHING you need to move in and start enjoying the waterfront lifestyle you’ve been dreaming of!

Last Agent to Sell the Property

Julie Fuller

(240) 354-7351 julie.fuller@mcnelisgroup.com EXP Realty, LLC License #676242 Listed on: 08/09/2023

EXP Realty, LLC

Last Buyer's Agent

Mark Frisco

(443) 532-8776 team@somdteam.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1990

Lot Details

  • 0.45 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • East Facing Home
  • Landscaped
  • Extensive Hardscape
  • Planted Vegetation
  • No Through Street
  • Wooded Lot
  • Front Yard
  • Property is in excellent condition

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • River
  • Panoramic
  • Scenic Vista
  • Garden

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace Mantel
  • Awning
  • Insulated Windows
  • Window Treatments
  • Palladian Windows
  • Transom Windows
  • Casement Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room Overlook on Second Floor
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Shelving
  • Basement with some natural light

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Spa
  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Lake Privileges
  • Multiple Balconies
  • Deck
  • Patio
  • Waterfall on Lot
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • Air Filtration System
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • Programmable Thermostat
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0501169424

Community Details

Overview

  • Association fees include common area maintenance, management
  • $23 Other Monthly Fees
  • Dppoa HOA
  • Drum Point Community
  • Drum Point Subdivision
  • Community Lake

Recreation

  • Boat Ramp
  • Beach
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,867

Year Built

Built in 1990

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: chandelier in catwalk sunroom, sun artwork and lion fountain on back deck, crab stained glass artwork in LR, white cafe table and chairs on lower patio.
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop - Down Draft, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven - Wall, Range Hood, Refrigerator, Washer, Water Heater, Air Cleaner, Extra Refrigerator/Freezer, Freezer, Instant Hot Water, Oven/Range - Gas, Stainless Steel Appliances, Trash Compactor
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Carpet
  • Interior Amenities: Attic, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Laundry Chute, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open, Air Filter System, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Gourmet, Kitchen - Island, Pantry, Skylight(s)
  • Window Features: Casement, Insulated, Screens, Skylights, Palladian, Transom
  • Fireplace Features: Mantel(s), Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: High, Cathedral Ceilings, Vaulted Ceilings, Dry Wall, 9'+ Ceilings, 2 Story Ceilings
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, 2nd Stry Fam Ovrlk, Sun/Florida Room, Storage Room, Utility Room, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Connecting Stairway, Daylight, Partial, Full, Heated, Improved, Interior Access, Outside Entrance, Shelving, Sump Pump
  • Total Sq Ft: 4254
  • Living Area Sq Ft: 3726
  • Price Per Sq Ft: 435.47
  • Above Grade Finished Sq Ft: 2526
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 528
  • Total Below Grade Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Cedar
  • Exterior Features: Private Beach, Awning(s), Bbq Grill, Extensive Hardscape, Exterior Lighting, Flood Lights, Hot Tub, Street Lights, Water Falls
  • Road Surface Type: Paved
  • Roof: Asphalt
  • View: Water, Garden/Lawn, River, Scenic Vista, Panoramic
  • 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: PATUXENT RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned, Programmable Thermostat, Multi Units
  • Heating Fuel: Oil, Electric
  • Heating Type: 90% Forced Air, Programmable Thermostat, Heat Pump(s), Zoned, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System, Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 245.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Lake, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA Name: DPPOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 275.00
  • Other Fees Frequency: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Lot Features: Bulkheaded, Landscaping, No Thru Street, Vegetation Planting, Fishing Available, Front Yard, Trees/Wooded
  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19558.00
  • Outdoor Living Structures: Deck(s), Balconies- Multiple, Patio(s)
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6867.42
  • Assessor Parcel Number: 0501169424
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 28, 2023
Sold by
Johnson John Redel
Bought by
Matus Ricardo J and Koutras Maritza R
Seller's Agent
Julie Fuller
EXP Realty, LLC
Buyer's Agent
Mark Frisco
CENTURY 21 New Millennium
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
94
Current Estimated Value
$1,077,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,475
Avg. Annual Appreciation
3.65%
Original Mortgage
$911,250
Outstanding Balance
$893,700
Interest Rate
7.23%
Mortgage Type
VA
Estimated Equity
$183,775

Purchase Details

Listed on
Jun 16, 2018
Closed on
Nov 16, 2018
Sold by
Shaffer James
Bought by
Johnson John Redel
Seller's Agent
Judy Szynborski
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dhyana Smith
O'Brien Realty ERA Powered
List Price
$659,000
Sold Price
$635,000
Premium/Discount to List
-$24,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$359,437
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Jul 25, 2018
Sold by
Flese Elaine R and Shelter James
Bought by
Shaffer James

Purchase Details

Closed on
Mar 21, 2003
Sold by
Shaffer James
Bought by
Shaffer James and Felson Elaine

Purchase Details

Closed on
Nov 16, 1998
Sold by
Litz Robert E and Litz Charlene S
Bought by
Shaffer James

Purchase Details

Closed on
Oct 7, 1985
Sold by
Wilson William E and Wilson Helen M
Bought by
Litz Robert E and Litz Charlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
12.17%
Source: Public Records

Range of Values:

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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
Matus Ricardo J $1,000,000 Interstate Title
Johnson John Redel $635,000 Bridgeview Title Llc
Shaffer James -- Bridgeview Title Llc
Shaffer James -- None Available
Shaffer James -- --
Shaffer James $405,600 --
Litz Robert E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matus Ricardo J $911,250
Previous Owner Shaffer James $359,437
Previous Owner Litz Robert E $45,000
Closed Shaffer James --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $1,000,000 -9.1% $268 / Sq Ft
08/09/2023 08/09/23 For Sale $1,100,000 +73.2% $295 / Sq Ft
11/16/2018 11/16/18 Sold $635,000 -3.6% $170 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $659,000 0.0% $177 / Sq Ft
08/13/2018 08/13/18 Price Changed $659,000 -2.9% $177 / Sq Ft
07/22/2018 07/22/18 Price Changed $679,000 -2.3% $182 / Sq Ft
06/16/2018 06/16/18 For Sale $695,000 -- $187 / 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 $7,685 $730,367 $0 $0
2024 $7,685 $675,933 $0 $0
2023 $6,846 $621,500 $305,200 $316,300
2022 $6,605 $598,533 $0 $0
2021 $13,210 $575,567 $0 $0
2020 $6,089 $552,600 $305,200 $247,400
2019 $5,797 $552,600 $305,200 $247,400
2018 $5,797 $552,600 $305,200 $247,400
2017 $6,502 $606,900 $0 $0
2016 -- $583,100 $0 $0
2015 $7,088 $559,300 $0 $0
2014 $7,088 $535,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2012530

Bright MLS

APN: 01-169424