NOT LISTED FOR SALE

472 Lake Dr Lusby, MD 20657

Estimated Value: $250,000 - $287,370

2 Beds
1 Bath
804 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $215,000 $267 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,659/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Public Beach
  • Beach
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of November 2022

Wow!. Real log home nestled among mature trees and large level lot. Located in water privilege community of Drum Point. Open floor plan with kitchen and living room, 2 bedrooms and full bath on main level. Unfinished lower level with R.I plumbing for bath. Rear deck overlooking large lot. With some TLC and landscaping this can be a wonderful place to call home. Strictly sold "as is".

Last Agent to Sell the Property

Ray Mudd

Schwartz Realty, Inc. Listed on: 08/01/2022

Last Buyer's Agent

Jimmy Hayden

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1973

Lot Details

  • 0.47 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Back Yard Fenced

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Log Cabin
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement
  • Rough-In Basement Bathroom

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5R
  • Assessor Parcel Number 0501062808

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,113

Year Built

Built in 1973

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Wow!. Real log home nestled among mature trees and large level lot. Located in water privilege community of Drum Point. Open floor plan with kitchen and living room, 2 bedrooms and full bath on main level. Unfinished lower level with R.I plumbing for bath. Rear deck overlooking large lot. With some TLC and landscaping this can be a wonderful place to call home. Strictly sold "as is".
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rough Bath Plumb, Unfinished
  • Total Sq Ft: 1608
  • Living Area Sq Ft: 804
  • Price Per Sq Ft: 259.95
  • Above Grade Finished Sq Ft: 804
  • Below Grade Sq Ft: 804
  • Total Below Grade Sq Ft: 804
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 472

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Swimming Allowed, Waterski/Wakeboard
  • 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
  • Type Of Parking: Off Street

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp
  • HOA: Yes
  • Senior Community: No

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 85400.00
  • Land Assessed Value: 87200.00
  • Land Use Code: R
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20300.00
  • Year Assessed: 2022
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14950136
  • Tax Annual Amount: 2113.00
  • Assessor Parcel Number: 0501062808
  • Tax Lot: 5R
  • Tax Total Finished Sq Ft: 804
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/09/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Nov 9, 2022
Sold by
Deerin James B
Bought by
Russell Richard Ned
Seller's Agent
Ray Mudd
Schwartz Realty, Inc.
Buyer's Agent
Jimmy Hayden
RE/MAX Realty Group
List Price
$209,000
Sold Price
$215,000
Premium/Discount to List
$6,000
2.87%
Views
1
Current Estimated Value
$269,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,093
Avg. Annual Appreciation
10.16%
Original Mortgage
$217,171
Outstanding Balance
$211,020
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$72,255

Purchase Details

Closed on
Aug 12, 2016
Sold by
Lynch Bernard and Lynch Merriann B
Bought by
Bouma Michelle B
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
Russell Richard Ned $215,000 Blue Crab Title
Bouma Michelle B $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Richard Ned $217,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $215,000 +2.9% $267 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $209,000 -- $260 / 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 $2,424 $204,133 $0 $0
2024 $2,424 $188,367 $0 $0
2023 $2,182 $172,600 $87,200 $85,400
2022 $1,748 $168,267 $0 $0
2021 $2,134 $163,933 $0 $0
2020 $1,986 $159,600 $87,200 $72,400
2019 $1,664 $158,600 $0 $0
2018 $1,653 $157,600 $0 $0
2017 $1,726 $156,600 $0 $0
2016 -- $151,200 $0 $0
2015 $1,842 $135,900 $0 $0
2014 $1,842 $130,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2007676

Bright MLS

APN: 01-062808