NOT LISTED FOR SALE

409 Lake Dr Lusby, MD 20657

Estimated Value: $355,021 - $411,000

3 Beds
2.5 Baths
1,452 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $312,000 $215 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,330/month

2 Days on Market

Highlights

  • 1 Boat Dock
  • Canoe or Kayak Water Access
  • Public Beach
  • Home fronts navigable water
  • Boat Ramp
  • Fishing Allowed

About This Home

As of June 2021

The home you all have been waiting for! This fully renovated 3 bed 3 bath colonial is jaw dropping with everything new. New Septic, New Well, New Roof, New Siding, New Windows, New Drywall, New HVAC, New Driveway, New floors, New Kitchen, New baths, etc... Save hundreds of thousands of dollars on this gorgeous renovation over buying new construction. This gorgeous home has a main level master suite with walk in closet, top of the line kitchen with granite, soft close cabinets, stainless steel appliances and an open floor plan between the kitchen and family room for endless entertaining. Featuring tall ceilings with all flush mount led lighting. Fully conditioned (Heat and AC) sunroom. Enjoy the endless amenities of Drum point with 3 private beaches, pier and boat ramp just seconds away. Just under 8 minutes to Solomon's Island where you can enjoy restaurants, shopping and live entertainment. Don't miss this amazing home...Coming Soon!

Last Agent to Sell the Property

Michael Hunter

Real Broker, LLC License #0225253020 Listed on: 05/21/2021

Real Broker, LLC

Last Buyer's Agent

Haley Taylor

Real Broker, LLC - Dunkirk License #675679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1985 | Remodeled in 2021

Lot Details

  • 10,672 Sq Ft Lot
  • Home fronts navigable water
  • Public Beach

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,452 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

Parking

  • 20 Parking Spaces
  • 20 Driveway Spaces

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Boat Ramp
  • 1 Boat Dock
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 5
  • Assessor Parcel Number 0501075888

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,099

Year Built

Built in 1985 | Remodeled in 2021

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-01
  • Year Built: 1985
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: The home you all have been waiting for! This fully renovated 3 bed 3 bath colonial is jaw dropping with everything new. New Septic, New Well, New Roof, New Siding, New Windows, New Drywall, New HVAC, New Driveway, New floors, New Kitchen, New baths, etc... Save hundreds of thousands of dollars on this gorgeous renovation over buying new construction. This gorgeous home has a main level master suite with walk in closet, top of the line kitchen with granite, soft close cabinets, stainless steel appliances and an open floor plan between the kitchen and family room for endless entertaining. Featuring tall ceilings with all flush mount led lighting. Fully conditioned (Heat and AC) sunroom. Enjoy the endless amenities of Drum point with 3 private beaches, pier and boat ramp just seconds away. Just under 8 minutes to Solomon's Island where you can enjoy restaurants, shopping and live entertainment. Don't miss this amazing home...Coming Soon!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Total Sq Ft: 1452
  • Living Area Sq Ft: 1452
  • Price Per Sq Ft: 218.32
  • Above Grade Finished Sq Ft: 1452
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Public Beach
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 20
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 20

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 164.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 138200.00
  • Land Assessed Value: 77800.00
  • Land Use Code: 010
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10672.00
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949210
  • Tax Annual Amount: 2099.00
  • Assessor Parcel Number: 0501075888
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 18, 2021
Sold by
Harris Real Estate Llc
Bought by
Giles Joshua A and Tutt Kara J
Seller's Agent
Michael Hunter
Real Broker, LLC
Buyer's Agent
Haley Taylor
Real Broker, LLC - Dunkirk
List Price
$299,900
Sold Price
$312,000
Premium/Discount to List
$12,100
4.03%
Current Estimated Value
$378,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,755
Avg. Annual Appreciation
4.25%
Original Mortgage
$302,640
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 8, 2021
Sold by
House Buyers Of America Inc
Bought by
Harris Real Estate Llc
Seller's Agent
Matthew Altizer
ANR Realty, LLC
Buyer's Agent
Michael Hunter
Real Broker, LLC
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
777.25%
Original Mortgage
$180,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2020
Sold by
Perkins Mary Gladys and Perkins Jeanette
Bought by
House Buyers Of America Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2002
Sold by
Williams Richard F
Bought by
Perkins Jeanette Mary Gladys
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
Giles Joshua A $312,000 Lakeside Title Company
Harris Real Estate Llc $120,000 Brennan Title Company
House Buyers Of America Inc $88,000 Brennan Title Company
Perkins Jeanette Mary Gladys $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giles Joshua A $302,640
Previous Owner Harris Real Estate Llc $180,000
Previous Owner House Buyers Of America Inc $88,000
Closed Perkins Jeanette Mary Gladys --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $312,000 -1.6% $215 / Sq Ft
05/23/2021 05/23/21 Price Changed $317,000 +5.7% $218 / Sq Ft
05/21/2021 05/21/21 For Sale $299,900 +149.9% $207 / Sq Ft
01/08/2021 01/08/21 Sold $120,000 0.0% $73 / Sq Ft
12/19/2020 12/19/20 Price Changed $120,000 +0.1% $73 / Sq Ft
12/17/2020 12/17/20 For Sale $119,900 -- $73 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
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 $3,029 $272,800 $0 $0
2024 $3,029 $244,400 $0 $0
2023 $2,633 $216,000 $77,800 $138,200
2022 $2,443 $197,933 $0 $0
2021 $4,885 $179,867 $0 $0
2020 $2,009 $161,800 $77,800 $84,000
2019 $1,697 $161,800 $77,800 $84,000
2018 $1,697 $161,800 $77,800 $84,000
2017 $1,796 $163,200 $0 $0
2016 -- $157,567 $0 $0
2015 $2,012 $151,933 $0 $0
2014 $2,012 $146,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA183006

Bright MLS

APN: 01-075888