NOT LISTED FOR SALE

420 Lake Dr Lusby, MD 20657

Estimated Value: $557,453 - $587,000

3 Beds
4 Baths
2,562 Sq Ft
$223/Sq Ft Est. Value

About This Home

As of August 2016

Gorgeous waterfront contemporary and only 8 yrs old. Watch the cruise ships sail...Incredible views of the Chesapeake Bay from your living areas and bedrms, a sprawling deck covering the entire water side of house, every amenity including your own pier, 3 bedrms, 4 ceramic baths, hardwd floors a master with views to die for, super bath, & wet bar, pier,screened porch & used only for vacations.

Last Agent to Rent the Property

Linda Beam

Home Towne Real Estate License #315295 Listed on: 03/13/2016

Home Towne Real Estate

Last Renter's Agent

Linda Beam

Home Towne Real Estate License #315295 Listed on: 03/13/2016

Home Towne Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,884

Year Built

2005

Lot Details

0

Rental Info

  • Lease Clauses: Carpet Cleaning, Pets - Not Allowed
  • Date Available: 2016-04-01
  • Processing Fee: 100.00
  • Rental Special: Gross
  • Security Deposit: 2500.00
  • Smoking Allowed: No
  • Pets Allowed: No
  • Lease Term: 12
  • Max Lease: 8
  • Min Lease: 4
  • Rent Includes: Furnished
  • Tenant Pays: Utilities - All, Gutter Cleaning, Light Bulbs / Filters / Fuses / Alarm Care, Minor Exterior Maintenance, Minor Interior Maintenance
  • Repair Deductible: 75.00
  • Tenant Rights: Right of First Refusal, Vacant

Listing Details

  • Condition: Shows Well
  • Zoning Code: R
  • Blocks To Ocean: 4
  • Non Power Boats Permitted: 2
  • Power Boats Permitted: 0
  • Section: 19
  • Election District: 1
  • Lis Media List: Virtual Tour, Photo
  • Property Type: Residential
  • Public Record Key: 10146584112
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • System Locale: MRIS
  • Status: Closed
  • Number of Levels Including basement: 2
  • View/Accessibility: Water Access, Water Front, Water View
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Room List: Living Room, Master Bed, 3rd Bed, Kitchen, 2nd Master, 2nd Master Bed
  • Above Grade Finished Sq Ft: 2562
  • Amenities: Master Bath (Attached), Bathroom(s) - Ceramic Tile, Vanities - Double, Drapery Rods, Fireplace w/Glass Doors, Laundry Chute, Master Bath Separate Shower, Master Bath Separate Tub, Full Master Bath, Closet - Master Bedroom Walk-in, Shades / Blinds, Soaking Tub, Wall-to-Wall Carpet, Wet Bar, Wood Floors
  • Appliances: Cooktop, Down Draft Cooktop, Disposal, Exhaust Fan, Self-Cleaning Oven, In-Wall Oven, Refrigerator, Water Conditioner
  • Has Attic: Yes
  • Dining Kitchen: Breakfast Bar, Kitchen Island
  • Walls Ceilings: 9'+ Ceilings
  • Fireplaces: 1
  • Interior Amenities: Floor Plan-Open
  • Main Floor: 1 Bed, 1 Bath
  • Kitchen: Level: Main
  • Kitchen Flooring: Hardwood
  • Living Room: Level: Main
  • Living Room Fireplace: Gas
  • Living Room Flooring: Hardwood
  • Primary Bedroom: Level: Upper 1
  • Primary Bedroom Flooring: Carpet
  • Two Primary Bedroom Flooring: Carpet
  • Bedroom Three Flooring: Carpet
  • Other Rooms: Other,Kitchen,Bedroom-Master,Bedroom-Third,2nd Master BR,Living Room,Bedroom-Master 2
  • Total Bedrooms: 3
  • Total Full Baths: 4

Exterior Features

  • Structure List: Above Grade
  • Exterior: Brick, Combination, Stone
  • Exterior Features: Deck, Hot Tub, Rear Porch, Screened Porch, Porch
  • Dock Features: Public Pier
  • Docks: 0
  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water: 3+
  • Mean Low Water Feet: 3
  • Number Of Slips: 0
  • Physical Dock Slip Conveys: Yes
  • Property Against Water: Yes
  • Water Access: Yes
  • Water Frontage: 100
  • Waterfront Features and Improvements: Private Dock Site
  • Water View: Yes
  • Type of Body of Water: Lake
  • Body Of Water: LAKE FRONT WITH VIEW OF THECHESAPEAKE BAY
  • Other Structures: Above Grade

Garage/Parking

  • Parking: Off-Street/Driveway, Off Site Parking, Faces Side
  • Parking Space Number: 8

Utilities

  • Cooling Fuel: Electric
  • Cooling: Heat Pump(s)
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating: 90% Forced Air, Heat Pump(s), Hot Water
  • Hot Water: 60 or More Gallon Tank, Bottled Gas
  • Sewer Septic: Septic
  • Water: Conditioner, Well
  • T V Cable Comm: Cable-Prewired

Condo/Co-op/Association

  • HOA Fees: 70
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Additional Lot(s), Backs to Trees, No thru street, Water Front, Private, Rip-Rapped, Water View, Cleared
  • Topography: Level
  • Location Type: Lake
  • Lot Number: 10
  • Lot Size Area: 10542

Multi Family

  • Handicap: 2+ Access Exits, 32"+ wide doors, 36"+ wide Halls, Elevator

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Jones Kevin G
Bought by
Pham Austin
Current Estimated Value
$571,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$357,941
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$210,470

Purchase Details

Closed on
Jul 28, 2004
Sold by
Jones Kevin G
Bought by
Jones Kevin G

Purchase Details

Closed on
Sep 1, 1999
Sold by
Bronz Homes Builders Inc
Bought by
Jones Kevin G

Purchase Details

Closed on
Jun 18, 1991
Sold by
Costanzo Sam and Costanzo Santina
Bought by
Bronz Homes Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
9.66%
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
Pham Austin $490,000 Lighthouse Title
Jones Kevin G -- --
Jones Kevin G $32,500 --
Bronz Homes Builders Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Austin $367,500
Previous Owner Jones Kevin G $50,000
Previous Owner Bronz Homes Builders Inc $25,000
Closed Jones Kevin G --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Rented $2,200 0.0% --
06/09/2016 06/09/16 Price Changed $2,200 -12.0% $1 / Sq Ft
03/13/2016 03/13/16 For Rent $2,500 +13.6% --
03/11/2015 03/11/15 Rented $2,200 -2.2% --
03/11/2015 03/11/15 Off Market $2,250 -- --
02/21/2015 02/21/15 Under Contract -- -- --
01/29/2015 01/29/15 Price Changed $2,250 +7.1% $1 / Sq Ft
01/09/2015 01/09/15 For Rent $2,100 -- --
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 $4,884 $455,100 $0 $0
2024 $4,884 $416,300 $0 $0
2023 $3,922 $377,500 $114,800 $262,700
2022 $4,171 $364,300 $0 $0
2021 $3,848 $351,100 $0 $0
2020 $3,848 $337,900 $114,800 $223,100
2019 $3,856 $337,333 $0 $0
2018 $3,837 $336,767 $0 $0
2017 $3,878 $336,200 $0 $0
2016 -- $336,200 $0 $0
2015 $4,311 $336,200 $0 $0
2014 $4,311 $343,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: CA9594931

Bright MLS

APN: 01-064568