NOT LISTED FOR SALE

404 Lake Terrace Lusby, MD 20657

Estimated Value: $392,000 - $458,000

3 Beds
2.5 Baths
1,784 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $299,900 $168 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,572/month

Highlights

  • Home fronts navigable water
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Private Water Access
  • 1 Fireplace
  • Central Air

About This Home

As of September 2019

BRAND NEW & BRAND NEW. Home is being totally renovated. New Electric Batt Septic System. New Electrical Panel & all New Electric, New Deck, New Fence, New Plumbing, New Vapor Barrier, New HVAC, New Wood Floors on main level. New Vinyl Siding back of home. New Deck 12x36 . Ceiling Fans & Stove w/Microwave. New French doors in Den. New front door. All New double hung windows upstairs. New bathroom upstairs, tub, tile, vanity and light. New Sheet rock and paint, and full closet door to attic.

Last Agent to Sell the Property

Karen Towne

(202) 345-1759 ktowne@hometowneteam.com Home Towne Real Estate License #96690 Listed on: 04/27/2019

Home Towne Real Estate

Co-Listed By

Kelly Niland

(443) 975-1345 kniland@hometowneteam.com Home Towne Real Estate License #594941

Last Buyer's Agent

Jeanine Paxton

(410) 610-2506 jeaninepaxton1@gmail.com RE/MAX One License #668366

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1990

Lot Details

  • 10,585 Sq Ft Lot
  • Home fronts navigable water

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,784 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Private Water Access
  • River Nearby

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Drum Point Property Owners' Association, Phone Number (410) 326-6148
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0501074202

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,803

Year Built

Built in 1990

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-04-27
  • Federal Flood Zone: No
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1784
  • Living Area Sq Ft: 1784
  • Price Per Sq Ft: 168.11
  • Above Grade Finished Sq Ft: 1784
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access Features: Private Access
  • Water Access: Yes
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: DRUM POINT PROPERTY OWNERS' ASSOCIATION
  • HOA Phone: 410-326-6148
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10585.00
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14949335
  • Tax Annual Amount: 2803.00
  • Assessor Parcel Number: 0501074202
  • Tax Lot: 6
  • Tax Year: 2018

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
Sep 30, 2019
Sold by
Jones Harry Samuel
Bought by
Snoddy Gillian S
Seller's Agent
Karen Towne
Home Towne Real Estate
Buyer's Agent
Jeanine Paxton
RE/MAX One
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$426,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,278
Avg. Annual Appreciation
5.95%
Original Mortgage
$239,920
Outstanding Balance
$210,182
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$215,996

Purchase Details

Listed on
Aug 5, 2013
Closed on
Oct 24, 2013
Sold by
Mccabe Andrew
Bought by
Jones Harry Samuel
Seller's Agent
Veronica Kolterjahn
CENTURY 21 New Millennium
Buyer's Agent
Margaret Duffy
Home Towne Real Estate
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$263,415
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Apr 5, 2011
Sold by
Darden Dave
Bought by
Mccabe Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,326
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Darden Dave
Bought by
Mccabe Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,326
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2008
Sold by
Darden Dave
Bought by
Darden Dave and Suit Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 5, 2008
Sold by
Darden Dave Sheri L Brown
Bought by
Darden Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 4, 2007
Sold by
Darden Dave
Bought by
Darden Dave and Suit Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Darden Dave Sheri L Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2006
Sold by
Darden Dave Sheri L Brown
Bought by
Darden Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2006
Sold by
Brown James O and Brown Sheri L
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
May 18, 2006
Sold by
Brown James O and Brown Sheri L
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 11, 2005
Sold by
Brown James O and Brown Sheri L
Bought by
Bierman Howard N and Geesing Jacob

Purchase Details

Closed on
May 5, 1997
Sold by
Turowski James M and Turowski Amy A
Bought by
Brown James O and Brown Sheri L
Source: Public Records

Range of Values:

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
Snoddy Gillian S $299,900 Lakeside Title Company
Jones Harry Samuel $255,000 Legends Title Group Llc
Mccabe Andrew $202,000 --
Mccabe Andrew $202,000 --
Darden Dave -- --
Darden Dave $257,500 --
Darden Dave -- --
Darden Dave Sheri L Brown $257,500 --
Darden Dave $257,500 --
Darden Dave Sheri L Brown $257,500 --
Deutsche Bank National Trust Co $282,000 --
Deutsche Bank National Trust Co $282,000 --
Bierman Howard N -- None Available
Brown James O $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snoddy Gillian S $239,920
Previous Owner Jones Harry Samuel $263,415
Previous Owner Mccabe Andrew $209,326
Previous Owner Mccabe Andrew $209,326
Previous Owner Darden Dave $240,000
Previous Owner Darden Dave $240,000
Previous Owner Darden Dave Sheri L Brown $206,000
Previous Owner Darden Dave Sheri L Brown $206,000
Closed Brown James O --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $299,900 0.0% $168 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $299,900 +17.6% $168 / Sq Ft
10/25/2013 10/25/13 Sold $255,000 0.0% $143 / Sq Ft View Prior Sale
09/25/2013 09/25/13 Price Changed $255,000 0.0% $143 / Sq Ft
09/25/2013 09/25/13 For Sale $255,000 +2.0% $143 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $249,900 -- $140 / 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 $3,841 $347,967 $0 $0
2024 $3,841 $319,633 $0 $0
2023 $3,416 $291,300 $67,200 $224,100
2022 $3,227 $273,467 $0 $0
2021 $6,455 $255,633 $0 $0
2020 $1,677 $237,800 $67,200 $170,600
2019 $2,495 $237,800 $67,200 $170,600
2018 $2,495 $237,800 $67,200 $170,600
2017 $2,734 $240,600 $0 $0
2016 -- $228,900 $0 $0
2015 $2,713 $217,200 $0 $0
2014 $2,713 $205,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Bright MLS

MLS Number: MDCA168890

Bright MLS

APN: 01-074202