NOT LISTED FOR SALE

457 Chestnut Dr Lusby, MD 20657

Estimated Value: $399,000 - $433,000

3 Beds
2.5 Baths
1,827 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $370,000 $203 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,579/month

Highlights

  • Beach
  • Water Access
  • Open Floorplan
  • Home fronts navigable water
  • View of Trees or Woods
  • Deck

About This Home

As of January 2022

Contemporary home with open floor plan. This home shows like new. Fresh paint, new carpets, new roof, New laminate flooring, newer appliances. Quartz counter tops in kitchen, new faucets and sink. Wood burning fireplace in living room. HVAC system is 2 years young. Located in a Great water privileged community, with community beach and activity center all located on a dead end street, 2 car garage, vaulted ceilings, Deck, flat yard, mature trees, paved driveway, shed... The Master bedroom is on the main level with a large private bath and large walk-in closet. It has a half bath on main level and a formal dinning room or office and a breakfast area overlooking the deck and back yard. Start the new year off right in this great home.

Last Agent to Sell the Property

Joseph Morgan

Home Towne Real Estate License #580539 Listed on: 12/22/2021

Home Towne Real Estate

Last Buyer's Agent

Neil Smith

Blackwell Real Estate, LLC License #5004519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1991

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • No Through Street
  • Premium Lot
  • Level Lot
  • Back Yard
  • Property is in excellent condition

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,827 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Screens
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods
  • Crawl Space
  • Laundry on main level

Kitchen

  • Kitchen in Efficiency Studio
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck
  • Shed

Schools

  • Patuxent High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0501069411

Community Details

Overview

  • Association fees include common area maintenance, recreation facility, road maintenance, snow removal
  • Dppoa HOA
  • Drum Point Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,911

Year Built

Built in 1991

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-12-27
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Contemporary home with open floor plan. This home shows like new. Fresh paint, new carpets, new roof, New laminate flooring, newer appliances. Quartz counter tops in kitchen, new faucets and sink. Wood burning fireplace in living room. HVAC system is 2 years young. Located in a Great water privileged community, with community beach and activity center all located on a dead end street, 2 car garage, vaulted ceilings, Deck, flat yard, mature trees, paved driveway, shed... The Master bedroom is on the main level with a large private bath and large walk-in closet. It has a half bath on main level and a formal dinning room or office and a breakfast area overlooking the deck and back yard. Start the new year off right in this great home.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Efficiency, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Screens
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1827
  • Living Area Sq Ft: 1827
  • Price Per Sq Ft: 202.52
  • Above Grade Finished Sq Ft: 1827
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 457

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
  • Other Structures List: Shed
  • Construction Materials: Brick Front, Vinyl Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • 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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Recreation Facility, Road Maintenance, Snow Removal
  • HOA Name: DPPOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 163500.00
  • Land Assessed Value: 67200.00
  • Land Use Code: R
  • Lot Features: Landscaping, Premium, Level, No Thru Street, Rear Yard
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10934.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949683
  • Tax Annual Amount: 2911.00
  • Assessor Parcel Number: 0501069411
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1827
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/26/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 26, 2022
Sold by
Pennebaker Olson Matthew
Seller's Agent
Joseph Morgan
Home Towne Real Estate
Buyer's Agent
Neil Smith
Blackwell Real Estate, LLC
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$420,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,974
Avg. Annual Appreciation
4.06%
Original Mortgage
$18,500
Outstanding Balance
$17,213
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$410,147

Purchase Details

Closed on
Jun 18, 2008
Sold by
Towne Bradford B
Bought by
Olson Matthew Pennebaker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,235
Interest Rate
6.07%
Mortgage Type
VA

Purchase Details

Closed on
Jun 16, 2008
Sold by
Towne Bradford B
Bought by
Olson Matthew Pennebaker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,235
Interest Rate
6.07%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2005
Sold by
Rice Irwin Thane
Bought by
Towne Bradford B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Rice Irwin Thane
Bought by
Towne Bradford B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 1991
Sold by
Crown Const Enterprises Inc
Bought by
Rice Irwin Thane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
8.82%
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
-- $370,000 New Title Company Name
Olson Matthew Pennebaker $290,000 --
Olson Matthew Pennebaker $290,000 --
Towne Bradford B $335,000 --
Towne Bradford B $335,000 None Available
Towne Bradford B $335,000 None Available
Rice Irwin Thane $116,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $18,500
Open -- $363,298
Previous Owner Olson Matthew Pennebaker $244,935
Previous Owner Pennebaker Matthew $290,175
Previous Owner Olson Matthew Pennebaker $296,235
Previous Owner Olson Matthew Pennebaker $296,235
Previous Owner Towne Bradford B $255,000
Previous Owner Rice Thane $180,000
Previous Owner Rice Irwin Thane $116,400
Closed Towne Bradford B --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $370,000 0.0% $203 / Sq Ft
12/22/2021 12/22/21 For Sale $370,000 0.0% $203 / Sq Ft
12/22/2021 12/22/21 Price Changed $370,000 0.0% $203 / Sq Ft
05/01/2017 05/01/17 Rented $1,800 0.0% --
05/01/2017 05/01/17 Under Contract -- -- --
03/29/2017 03/29/17 For Rent $1,800 0.0% --
11/30/2016 11/30/16 Rented $1,800 -2.7% --
11/30/2016 11/30/16 Under Contract -- -- --
10/08/2016 10/08/16 For Rent $1,850 0.0% --
05/17/2014 05/17/14 Rented $1,850 -2.6% --
05/01/2014 05/01/14 Under Contract -- -- --
01/21/2014 01/21/14 For Rent $1,900 -- --
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 $3,485 $326,867 $0 $0
2024 $3,485 $293,733 $0 $0
2023 $3,097 $260,600 $67,200 $193,400
2022 $2,990 $250,633 $0 $0
2021 $5,980 $240,667 $0 $0
2020 $2,729 $230,700 $67,200 $163,500
2019 $2,420 $230,700 $67,200 $163,500
2018 $2,420 $230,700 $67,200 $163,500
2017 $2,709 $233,700 $0 $0
2016 -- $226,633 $0 $0
2015 $2,780 $219,567 $0 $0
2014 $2,780 $212,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2003350

Bright MLS

APN: 01-069411