NOT LISTED FOR SALE

408 Overlook Dr Lusby, MD 20657

Estimated Value: $473,000 - $498,000

3 Beds
2.5 Baths
1,890 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $395,000 $209 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,967/month

26 Days on Market

Highlights

  • Water Views
  • Water Access
  • Deck
  • Beach
  • Colonial Architecture
  • Traditional Floor Plan

About This Home

As of May 2023

Beautiful two story colonial w/wrap around porch and a water view are ready for you! This home includes 3 bedrooms, 2 full bathrooms and 1 half bath. Formal Living room with fireplace, formal dining room and family room. Galley style kitchen with updated appliances/stainless, breakfast area w/sliding doors that open to the deck. The multi level deck are perfect for entertaining or just relaxing with a morning cup of coffee or evening cocktail. The upper level includes the primary bedroom w/bathroom and 2 additional bedrooms with a full bathroom. The unfinished walk out basement has so much potential with it's high ceilings and slider leading out to the fenced back yard. Bring your imagination and create your dream rec room and/or additional living space. Close to Solomons Island, PAX Naval Air Station, shopping, local area amenities, and schools. Access to Drum Point Beach Club.

Last Agent to Sell the Property

Kelly Padgett

(301) 520-3712 kelly.padgett@c21nm.com CENTURY 21 New Millennium License #585911 Listed on: 03/04/2023

CENTURY 21 New Millennium

Co-Listed By

Michael Tennity

(301) 481-8197 mike.tennity@c21nm.com CENTURY 21 New Millennium

Last Buyer's Agent

Todd Sachs

tfsachs@gmail.com Sachs Realty License #607720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,890 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Galley Kitchen
  • Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Outdoor Features

  • Water Access
  • River Nearby
  • Deck
  • Shed
  • Porch

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 0501176099

Community Details

Overview

  • Drum Point HOA And Drum Point Club HOA
  • Drum Point Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,090

Year Built

Built in 1994

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Freezer, Exhaust Fan, Washer, Dryer, Stove, Icemaker
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Kitchen - Table Space, Dining Area, Window Treatments, Primary Bath(s), Floor Plan - Traditional, Ceiling Fan(s), Carpet, Family Room Off Kitchen, Kitchen - Galley
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Daylight, Partial, Unfinished, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 1890
  • Living Area Sq Ft: 1890
  • Price Per Sq Ft: 216.88
  • Above Grade Finished Sq Ft: 1890
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 456.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA Name: DRUM POINT HOA AND DRUM POINT CLUB
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Chain Link, Rear
  • Lot Features: Landscaping
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16596.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4090.00
  • Assessor Parcel Number: 0501176099
  • Tax Lot: 33
  • Tax Year: 2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
May 5, 2023
Sold by
Lipps Nicole Grace
Bought by
Shell Nina and Williams Brad
Seller's Agent
Kelly Padgett
CENTURY 21 New Millennium
Buyer's Agent
Todd Sachs
Sachs Realty
List Price
$409,900
Sold Price
$395,000
Premium/Discount to List
-$14,900
-3.64%
Views
172
Current Estimated Value
$487,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,360
Avg. Annual Appreciation
8.84%
Original Mortgage
$381,816
Outstanding Balance
$370,985
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$116,375

Purchase Details

Listed on
Jul 16, 2013
Closed on
Oct 15, 2013
Sold by
Walters Ronald J and Walters Martha L
Bought by
Lipps Nicol Grace and Lipps Zachary
Seller's Agent
Judy Szynborski
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Susan Thompson
Monument Sotheby's International Realty
List Price
$299,900
Sold Price
$304,400
Premium/Discount to List
$4,500
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$295,268
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Carlucci Nicholas B and Carlucci Jennifer C
Bought by
Walters Ronald J and Walters Martha L

Purchase Details

Closed on
Jun 28, 1994
Sold by
Mcgarvey Entrprs Inc
Bought by
Carlucci N B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,710
Interest Rate
8.74%

Purchase Details

Closed on
Feb 2, 1994
Sold by
King D M
Bought by
Mcgarvey Entrprs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

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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
Shell Nina $395,000 None Listed On Document
Lipps Nicol Grace $304,400 None Available
Walters Ronald J $252,000 --
Carlucci N B $154,900 --
Mcgarvey Entrprs Inc $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shell Nina $381,816
Previous Owner Lipps Nicol Grace $295,268
Previous Owner Mcgarvey Entrprs Inc $152,710
Previous Owner Mcgarvey Entrprs Inc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $395,000 -3.6% $209 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $409,900 +34.7% $217 / Sq Ft
10/15/2013 10/15/13 Sold $304,400 +1.5% $161 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $299,900 -- $159 / 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 $4,535 $406,667 $0 $0
2024 $4,535 $383,933 $0 $0
2023 $4,142 $361,200 $155,700 $205,500
2022 $3,680 $354,200 $0 $0
2021 $8,132 $347,200 $0 $0
2020 $3,872 $340,200 $155,700 $184,500
2019 $3,473 $331,067 $0 $0
2018 $3,377 $321,933 $0 $0
2017 $3,626 $312,800 $0 $0
2016 -- $312,800 $0 $0
2015 $3,773 $312,800 $0 $0
2014 $3,773 $319,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2010472

Bright MLS

APN: 01-176099