NOT LISTED FOR SALE

434 Ponderosa Point Lusby, MD 20657

Estimated Value: $385,000 - $428,000

4 Beds
3 Baths
1,956 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $132,000 $67 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $2,457/month

Highlights

  • 50 Feet of Waterfront
  • Cooling Available
  • Creek or Stream
  • Eat-In Kitchen
  • Property is near a creek
  • 1 Non-Powered Boats Permitted

About This Home

As of February 2017

4BR, 3BA home with beautiful waterfront view. Enjoy the view from the multiple levels of decking or inside from the large windows. Case Number #241-809465. "HUD Homes are sold AS IS".

Last Agent to Sell the Property

Christopher White

(240) 925-7712 calan2000@yahoo.com Classic Select Inc Listed on: 06/01/2016

Last Buyer's Agent

Matthew Budde

(443) 254-7470 matthewbudde@gmail.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1992

Lot Details

  • 50 Feet of Waterfront
  • Creek or Stream

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • Property has 3 Levels
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Water Access
  • 1 Non-Powered Boats Permitted

Location

  • Property is near a creek

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Chesapeake Ranch Estates Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 0501088211

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

Built in 1992

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove
  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1956
  • Living Area Sq Ft: 1956
  • Price Per Sq Ft: 72.88
  • Above Grade Finished Sq Ft: 1956
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Combination, Stone
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: FISHING CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 458.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Improvement Assessed Value: 142900.00
  • Land Assessed Value: 69000.00
  • Lot Size Units: Square Feet
  • Property Attached Yn: No
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14948354
  • Tax Annual Amount: 2242.45
  • Assessor Parcel Number: 0501088211
  • Tax Lot: 31
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Feb 3, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Reese Rachel L
Seller's Agent
Christopher White
Classic Select Inc
Buyer's Agent
Matthew Budde
EXP Realty, LLC
List Price
$178,200
Sold Price
$132,000
Premium/Discount to List
-$46,200
-25.93%
Current Estimated Value
$406,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,062
Avg. Annual Appreciation
13.79%
Original Mortgage
$134,310
Outstanding Balance
$110,859
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$295,203

Purchase Details

Closed on
Mar 10, 2015
Sold by
Sauce Pamela and Case #04-C-14-000220
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 13, 2008
Sold by
Mcgarvey Richard Naughton
Bought by
Sauce Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,844
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2008
Sold by
Mcgarvey Richard Naughton
Bought by
Sauce Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,844
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1992
Sold by
Quality Built Homes Inc
Bought by
Mcgarvey Richard Naughton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,446
Interest Rate
8.05%

Purchase Details

Closed on
Feb 7, 1992
Sold by
Gardner Wendy E
Bought by
Quality Built Homes Inc
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
Reese Rachel L $132,000 Bridgeview Title Llc
Wells Fargo Bank Na $231,000 None Available
Sauce Pamela $276,000 --
Sauce Pamela $276,000 --
Mcgarvey Richard Naughton $121,000 --
Quality Built Homes Inc $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Rachel L $134,310
Previous Owner Sauce Pamela $272,844
Previous Owner Sauce Pamela $272,844
Previous Owner Mcgarvey Richard Naughton $121,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $132,000 -7.4% $67 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/06/2016 12/06/16 Price Changed $142,560 -20.0% $73 / Sq Ft
12/05/2016 12/05/16 Price Changed $178,200 0.0% $91 / Sq Ft
12/05/2016 12/05/16 For Sale $178,200 +35.0% $91 / Sq Ft
11/24/2016 11/24/16 Off Market $132,000 -- --
11/11/2016 11/11/16 Price Changed $225,000 +26.3% $115 / Sq Ft
11/09/2016 11/09/16 Price Changed $178,200 -10.0% $91 / Sq Ft
11/04/2016 11/04/16 For Sale $198,000 0.0% $101 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $198,000 -- $101 / 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 $3,395 $304,733 $0 $0
2024 $3,395 $277,167 $0 $0
2023 $2,747 $249,600 $69,000 $180,600
2022 $2,521 $242,667 $0 $0
2021 $1,606 $235,733 $0 $0
2020 $2,809 $228,800 $69,000 $159,800
2019 $2,341 $223,167 $0 $0
2018 $2,282 $217,533 $0 $0
2017 $2,624 $211,900 $0 $0
2016 -- $211,600 $0 $0
2015 $2,870 $211,300 $0 $0
2014 $2,870 $211,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003905739

Bright MLS

APN: 01-088211