NOT LISTED FOR SALE

468 Lake Dr Lusby, MD 20657

Estimated Value: $305,000 - $389,000

3 Beds
2 Baths
1,722 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $230,000 $134 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,227/month

Highlights

  • Home fronts navigable water
  • Rambler Architecture
  • Ramp on the main level
  • Water Access
  • Stainless Steel Appliances
  • Shed

About This Home

As of May 2021

Welcome to this charming one story home in Drum Point where you have beach access and are a short commute to PAX or DC. Some upgrades have already been completed such as a beautiful kitchen with plenty of cabinet space and classy black stainless appliances. The bedrooms are all a good size with the master boasting a large sitting area. The bedrooms have new carpet and the living areas have newer wood floors. Bonus full bath in the shed/workshop! The back yard has a full wood privacy fence with room for a swing set and a great front porch that will hold many rocking chairs!

Last Agent to Sell the Property

Jackie Turnboo

Hyatt & Company Real Estate LLC License #5001539 Listed on: 03/20/2021

Hyatt & Company Real Estate LLC

Last Buyer's Agent

Jessica Busch

Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1962

Lot Details

  • 10,150 Sq Ft Lot
  • Home fronts navigable water
  • Privacy Fence

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Crawl Space
  • Stainless Steel Appliances
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Off-Street Parking

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Water Access
  • Property near a bay
  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • $250 Recreation Fee
  • Dppoa HOA, Phone Number (410) 326-6148
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0501064835

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,915

Year Built

Built in 1962

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-20
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this charming one story home in Drum Point where you have beach access and are a short commute to PAX or DC. Some upgrades have already been completed such as a beautiful kitchen with plenty of cabinet space and classy black stainless appliances. The bedrooms are all a good size with the master boasting a large sitting area. The bedrooms have new carpet and the living areas have newer wood floors. Bonus full bath in the shed/workshop! The back yard has a full wood privacy fence with room for a swing set and a great front porch that will hold many rocking chairs!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Vinyl, Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1722
  • Living Area Sq Ft: 1722
  • Price Per Sq Ft: 133.57
  • Above Grade Finished Sq Ft: 1722
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 468

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Asphalt
  • Spa: No
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 164.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: DPPOA
  • HOA Phone: (410) 326-6148
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 250.00
  • Association Recreation Fee: Yes

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139842846
  • School District Source: 3rd Party
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Privacy
  • Improvement Assessed Value: 173100.00
  • Land Assessed Value: 77300.00
  • Land Use Code: 010
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10150.00
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14950018
  • Tax Annual Amount: 2915.00
  • Assessor Parcel Number: 0501064835
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1722
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/11/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 11, 2021
Sold by
Dougan Dennis M and Dougan Sheila M
Bought by
Spychalski Alexander John
Seller's Agent
Jackie Turnboo
Hyatt & Company Real Estate LLC
Buyer's Agent
Jessica Busch
Keller Williams Flagship
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$357,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,468
Avg. Annual Appreciation
10.93%
Original Mortgage
$232,323
Outstanding Balance
$211,118
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$149,698

Purchase Details

Closed on
May 14, 2020
Sold by
Dougan Dennis M
Bought by
Dougan Dennis M and Dougan Sheila Marie
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
Spychalski Alexander John $230,000 Charter Title Llc
Dougan Dennis M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spychalski Alexander John $232,323
Previous Owner Dougan Dennis M $60,000
Previous Owner Dougan Dennis M $87,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $230,000 0.0% $134 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $230,000 0.0% $134 / Sq Ft
03/13/2021 03/13/21 Price Changed $230,000 -- $134 / 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 $3,362 $300,200 $0 $0
2024 $3,362 $275,300 $0 $0
2023 $2,991 $250,400 $77,300 $173,100
2022 $2,952 $246,933 $0 $0
2021 $5,903 $243,467 $0 $0
2020 $2,826 $240,000 $77,300 $162,700
2019 $2,339 $222,933 $0 $0
2018 $2,160 $205,867 $0 $0
2017 $2,299 $188,800 $0 $0
2016 -- $188,067 $0 $0
2015 $2,559 $187,333 $0 $0
2014 $2,559 $186,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA181578

Bright MLS

APN: 01-064835