NOT LISTED FOR SALE

482 Redwood Rd Lusby, MD 20657

Estimated Value: $393,000 - $450,379

4 Beds
2.5 Baths
1,900 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $400,000 $211 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,644/month

Highlights

  • Beach
  • Colonial Architecture
  • 2 Car Attached Garage
  • New Construction
  • Jogging Path
  • Community Playground

About This Home

As of July 2021

*$10,000 SETTLEMENT COSTS PAID for by seller with full price offer!!* NEW CONSTRUCTION 4 BR, 2.5 BA colonial home in the private waterfront community of Chesapeake Ranch Estates on the Chesapeake Bay. Completion date June 2021. Now accepting offers for occupancy at settlement. Modern bright kitchen with stainless steel appliances, stark white cabinets, gorgeous granite countertops, and popular durable vinyl plank flooring. Spacious kitchen allows for eat in dining and opens to family room overlooking tree lined backyard. Grand home office space or formal dining room off front entryway with another separate family living room area. Upstairs, Master Suite with private bathroom as well as 3 additional bedrooms and another full bathroom. All bathrooms boast granite countertops and sleek bronzed finished fixtures. Full, unfinished walkout basement opens up additional renovation possibilities for new homeowner. Attached 2 car garage with room to include work space. This beautiful home sits on a hard to find secluded lot nestled in one of the most popular communities in Southern Maryland. Community amenities include sandy beaches, freshwater lake, airpark, campground, hiking trails, athletic fields, and security. Brand new Lusby Town Center within mile of community offers nearby groceries, restaurants and shopping. Easy commute to DC, Annapolis or PAX River with the option of working from the comfort of home in your new living space.

Last Agent to Sell the Property

Dilip Kinra

(301) 706-1090 dnk@dnkrealestate.com D N K Real Estate, LLC License #0225082742 Listed on: 05/13/2021

Last Buyer's Agent

LaRaya Edwards

(240) 271-3006 larayaedwards@gmail.com Samson Properties License #0655669

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Dining Room
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 60+ Gallon Tank
  • Septic Equal To The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0501122207

Community Details

Overview

  • Built by CD Reed
  • Chesapeake Ranch Estates Subdivision

Recreation

  • Beach
  • Community Playground
  • Recreational Area
  • Horse Trails
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 210.47
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 502.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Horse Trails, Jog/Walk Path, Non-Lake Recreational Area, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 38200.00
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Building Info

  • Builder Name: CD Reed

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14945818
  • Tax Annual Amount: 808.00
  • Assessor Parcel Number: 0501122207
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 12, 2021
Sold by
Reed Roger L and Reed Kristie D
Bought by
Morgan Gabriel J and Morgan Nichole
Seller's Agent
Dilip Kinra
D N K Real Estate, LLC
Buyer's Agent
LaRaya Edwards
Samson Properties
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$433,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,345
Avg. Annual Appreciation
1.88%
Original Mortgage
$388,000
Outstanding Balance
$352,211
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$81,134

Purchase Details

Closed on
Jun 22, 2017
Sold by
Ponchock Susan Witt
Bought by
Reed Roger L and Reed Kristie

Purchase Details

Closed on
Nov 22, 2010
Sold by
L W R Inc
Bought by
Ponchock Susan Witt

Purchase Details

Closed on
Sep 20, 2005
Sold by
Thomas Douglas C
Bought by
L W R Inc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Thomas Douglas C
Bought by
Lwr Inc

Purchase Details

Closed on
Jan 7, 2005
Sold by
Thomas Douglas C and Thomas Janet H
Bought by
Thomas Douglas C and Trustee

Purchase Details

Closed on
Dec 7, 2004
Sold by
Thomas Douglas C and Thomas Janet H
Bought by
Thomas Duglas C and Douglas C Thomas Revocable Trust
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
Morgan Gabriel J $400,000 Heritage Title Ltd
Reed Roger L -- None Available
Ponchock Susan Witt -- --
L W R Inc $25,000 --
Lwr Inc $25,000 None Available
Thomas Douglas C -- --
Thomas Duglas C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Gabriel J $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $400,000 0.0% $211 / Sq Ft
05/13/2021 05/13/21 For Sale $399,900 -- $210 / 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 $3,867 $356,533 $0 $0
2024 $3,867 $322,967 $0 $0
2023 $3,161 $289,400 $55,200 $234,200
2022 $7,500 $276,600 $0 $0
2021 $15,000 $269,500 $0 $0
2020 $674 $38,200 $38,200 $0
2019 $401 $38,200 $38,200 $0
2018 $401 $38,200 $38,200 $0
2017 $656 $38,200 $0 $0
2016 -- $38,200 $0 $0
2015 $702 $38,200 $0 $0
2014 $702 $38,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA182884

Bright MLS

APN: 01-122207