NOT LISTED FOR SALE

403 Chestnut Dr Lusby, MD 20657

Estimated Value: $353,000 - $400,000

4 Beds
3 Baths
1,252 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $330,000 $264 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,031/month

3 Days on Market

Highlights

  • Home fronts navigable water
  • Rambler Architecture
  • Central Air
  • Private Water Access
  • Corner Lot
  • Heat Pump System

About This Home

As of September 2023

Welcome to a relaxing lifestyle in the heart of an idyllic water-oriented community! Nestled within the coveted neighborhood of Drum Point, this delightful 3 bedroom, 2 bath rambler with a basement offers the perfect blend of comfort, style, and access to natural beauty. Prepare to fall in love with every detail of this home. Generously sized, the bedrooms provide ample space for relaxation and rejuvenation. The true jewel of this property is its access to the community beach. Spend lazy afternoons building sandcastles, swimming and enjoying picnics with loved ones. Schedule your property tour today!

Last Agent to Sell the Property

Michelle Camaioni

(410) 224-4400 mdavis@davispalumbo.com RE/MAX One License #527449 Listed on: 08/19/2023

RE/MAX One

Last Buyer's Agent

Tig Wright

(301) 658-6186 tig.wright@redfin.com Redfin Corp License #5004549

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 2001

Lot Details

  • 10,367 Sq Ft Lot
  • Home fronts navigable water
  • Corner Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Private Water Access
  • Property near a bay

Schools

  • Patuxent High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic

Community Details

  • Drum Point Property Owners Association
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0501172735

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,409

Year Built

Built in 2001

Lot Details

10,367 Sq Ft Lot

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Heated, Partially Finished
  • Basement Finished Percent: 100.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 2504
  • Living Area Sq Ft: 1252
  • Price Per Sq Ft: 263.50
  • Above Grade Finished Sq Ft: 1252
  • Below Grade Sq Ft: 1252
  • Total Below Grade Sq Ft: 1252
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • 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: Vinyl Siding
  • Roof: Asphalt
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 164.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: DRUM POINT PROPERTY OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • High School: PATUXENT

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10367.00
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2409.00
  • Assessor Parcel Number: 0501172735
  • Tax Lot: 1
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 29, 2023
Sold by
Lee Caitlin and Lee Christopher
Bought by
Bosworth Jamie Lynne
Seller's Agent
Michelle Camaioni
RE/MAX One
Buyer's Agent
Tig Wright
Redfin Corp
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Views
5
Current Estimated Value
$371,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,324
Avg. Annual Appreciation
4.83%
Original Mortgage
$330,000
Outstanding Balance
$323,644
Interest Rate
7.23%
Mortgage Type
VA
Estimated Equity
$47,680

Purchase Details

Listed on
Sep 12, 2020
Closed on
Jan 19, 2021
Sold by
Miller Carl B
Bought by
Lee Caitlin and Lee Christopher
Seller's Agent
Billy Rabbitt
The Southside Group Real Estate
Buyer's Agent
Rachael Smith
Home Towne Real Estate
List Price
$295,000
Sold Price
$272,500
Premium/Discount to List
-$22,500
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$267,563
Interest Rate
2.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2006
Sold by
Unkle Annette L
Bought by
Miller Carl B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Hohn Henry
Bought by
Unkle Annette L

Purchase Details

Closed on
Feb 7, 2001
Sold by
Lysher Harold F and Lysher Sophie
Bought by
Hohn Henry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bosworth Jamie Lynne $330,000 Brennan Title
Bosworth Jamie Lynne $330,000 Brennan Title
Lee Caitlin $272,500 Lakeside Title Company
Miller Carl B $260,000 --
Unkle Annette L $143,000 --
Hohn Henry $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosworth Jamie Lynne $330,000
Closed Bosworth Jamie Lynne $330,000
Previous Owner Lee Caitlin $267,563
Previous Owner Lee Caitlin $9,538
Previous Owner Miller Carl B $170,000
Closed Unkle Annette L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $330,000 0.0% $264 / Sq Ft
08/19/2023 08/19/23 For Sale $329,900 +21.1% $263 / Sq Ft
01/19/2021 01/19/21 Sold $272,500 -0.9% $109 / Sq Ft View Prior Sale
12/03/2020 12/03/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $274,900 -1.5% $110 / Sq Ft
10/21/2020 10/21/20 Price Changed $279,000 -2.1% $111 / Sq Ft
10/01/2020 10/01/20 Price Changed $285,000 -3.4% $114 / Sq Ft
09/12/2020 09/12/20 For Sale $295,000 -- $118 / Sq Ft
Source: Bright MLS

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 $397 $262,300 $0 $0
2024 $392 $230,800 $0 $0
2023 $2,460 $199,300 $67,200 $132,100
2022 $2,385 $192,433 $0 $0
2021 $4,771 $185,567 $0 $0
2020 $2,186 $178,700 $67,200 $111,500
2019 $1,875 $178,700 $67,200 $111,500
2018 $1,875 $178,700 $67,200 $111,500
2017 $2,188 $180,600 $0 $0
2016 -- $177,633 $0 $0
2015 $2,378 $174,667 $0 $0
2014 $2,378 $171,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2012732

Bright MLS

APN: 01-172735

Your Personal Tour Guide

Ask me questions while you tour the home.