NOT LISTED FOR SALE

471 Cardinal Dr Lusby, MD 20657

Estimated Value: $31,122 - $404,000

0.42 Acre
$388,169 Price per Acre
18,295 Sq Ft Lot

Last Sold September 10, 2021

Last sale price $20,000

Est. 715% increase in value since last sale

Current estimated payment $950/month

90 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • View of Trees or Woods

About This Lot

As of September 2021

On a quiet street in Drum Point sits a perfect lot to build your dream home. Short walk to one of the prettiest beaches in Calvert County. The property is staked out and has been perced. Sign on property. Drum point features community waterfronts on both the River and the Bay, and a clubhouse. Nearby Lusby Town Center features shopping, dining, and entertainment options, and you'll find festivals, boating and more in nearby Solomons. This location offers great schools and a quick commute to PAX NAS!

Last Agent to Sell the Property

Dawn Riley

RE/MAX One Listed on: 04/14/2021

RE/MAX One

Last Buyer's Agent

Alvin Frazier

Home Towne Real Estate License #520615

Home Towne Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.42 Acre Lot
  • Home fronts navigable water

HOA Fees

  • $9 Monthly HOA Fees

Property Views

  • Views of Woods

Utilities

  • Septic Tank
  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0501176242

Community Details

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: On a quiet street in Drum Point sits a perfect lot to build your dream home. Short walk to one of the prettiest beaches in Calvert County. The property is staked out and has been perced. Sign on property. Drum point features community waterfronts on both the River and the Bay, and a clubhouse. Nearby Lusby Town Center features shopping, dining, and entertainment options, and you'll find festivals, boating and more in nearby Solomons. This location offers great schools and a quick commute to PAX NAS!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 1.35
  • Street Number Modifier: 471

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Utilities: Cable Tv Available, Phone Available, Electric Available

Condo/Co-op/Association

  • HOA Fees: 109.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18469.00
  • Perc Type: Approved
  • Year Assessed: 2021
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14941917
  • Tax Annual Amount: 865.00
  • Assessor Parcel Number: 0501176242
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/10/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Sep 3, 2021
Sold by
Lake Russell and Kistler David
Bought by
Hunt Ryan T
Seller's Agent
Dawn Riley
RE/MAX One
Buyer's Agent
Alvin Frazier
Home Towne Real Estate
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%
Current Estimated Value
$163,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,031
Avg. Annual Appreciation
77.52%

Purchase Details

Closed on
Dec 13, 1985
Sold by
Chesapeake Ranch Club Inc
Bought by
Reichard James W and Reichard Katherine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hunt Ryan T $20,000 None Available
Reichard James W $6,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $20,000 -20.0% --
04/14/2021 04/14/21 For Sale $25,000 -- --
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 $645 $43,600 $43,600 $0
2024 $645 $43,600 $43,600 $0
2023 $628 $43,600 $43,600 $0
2022 $628 $43,600 $43,600 $0
2021 $628 $43,600 $43,600 $0
2020 $570 $43,600 $43,600 $0
2019 $457 $43,600 $43,600 $0
2018 $457 $43,600 $43,600 $0
2017 $579 $43,600 $0 $0
2016 -- $43,600 $0 $0
2015 $626 $43,600 $0 $0
2014 $626 $48,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA182218

Bright MLS

APN: 01-176242