NOT LISTED FOR SALE

508 Beech Dr Lusby, MD 20657

Estimated Value: $305,000 - $327,158

3 Beds
2 Baths
1,296 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $295,000 $228 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,993/month

4 Days on Market

Highlights

  • 1 Boat Dock
  • Beach
  • Water Access
  • Water Views
  • Home fronts navigable water
  • Stream or River on Lot

About This Home

As of October 2024

There are plenty of updates in this charming home on a flat lot in Drum Point. The new roof and windows, 2 year old well, new primary bathroom vanity and toilet, and new bedroom carpet will give you peace of mind; a seasonal water view and close proximity to the beach enhance the Drum Point neighborhood experience. The home has a full partially finished basement with a brick fireplace, ready to customize to your liking; there is a rough in for a full bath as well. Laundry facilities including washer, dryer and sink are conveniently located in the lower level. You’ll enjoy relaxing on the screen porch, and on less clement days the efficient heat pump (less than 15 years old) will keep you comfy.

Last Agent to Sell the Property

Carolyn Guy

(301) 481-6438 carolynguyrealtor@gmail.com Home Towne Real Estate License #508451 Listed on: 09/25/2024

Last Buyer's Agent

Amanda Holmes

(301) 643-3521 amandaholmesrealtor@gmail.com EXP Realty, LLC License #5005664

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 1977

Lot Details

  • 0.27 Acre Lot
  • Home fronts navigable water
  • Property is in good condition

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Fireplace Mantel
  • Combination Kitchen and Dining Room
  • Water Views
  • Washer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Water Access
  • River Nearby
  • 1 Boat Dock
  • Stream or River on Lot
  • Screened Patio
  • Shed

Schools

  • Patuxent High School

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0501062344

Community Details

Overview

  • Association fees include common area maintenance
  • Drum Point Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,362

Year Built

Built in 1977

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-09-26
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Oven/Range - Electric, Refrigerator, Water Heater, Range Hood, Washer
  • Flooring Type: Carpet, Laminated, Vinyl
  • Interior Amenities: Attic, Combination Kitchen/Dining, Kitchen - Table Space, Primary Bath(s), Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Walkout Level, Partially Finished, Full
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 1296
  • Price Per Sq Ft: 223.77
  • Above Grade Finished Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet

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
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • View: Water
  • Water Access: Yes
  • Water Body Name: DRUM POINT POND-PATUXENT RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • High School: PATUXENT

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11892.00
  • Outdoor Living Structures: Screened
  • Property Condition: Good
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2362.44
  • Assessor Parcel Number: 0501062344
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Oct 18, 2024
Sold by
Payne James R
Bought by
Sumpter Georgette and Sumpter David
Seller's Agent
Carolyn Guy
Home Towne Real Estate
Buyer's Agent
Amanda Holmes
EXP Realty, LLC
List Price
$290,000
Sold Price
$295,000
Premium/Discount to List
$5,000
1.72%
Views
53
Current Estimated Value
$331,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,194
Avg. Annual Appreciation
5.60%
Original Mortgage
$200,000
Outstanding Balance
$197,788
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$117,502

Purchase Details

Closed on
Apr 21, 2005
Sold by
Seyler Herbert and Seyler Eunice M
Bought by
Payne James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,700
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2005
Sold by
Seyler Eunice M and Seyler Herbert
Bought by
Payne James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,700
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 12, 1994
Sold by
Giuffre L B
Bought by
Seyler Herbert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sumpter Georgette $295,000 Lakeside Title
Payne James R $224,900 --
Payne James R $224,900 None Available
Seyler Herbert $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumpter Georgette $200,000
Previous Owner Payne James R $33,700
Previous Owner Payne James R $179,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $295,000 +1.7% $228 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $290,000 -- $224 / 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 $2,954 $236,967 $0 $0
2024 $2,776 $220,933 $0 $0
2023 $2,518 $204,900 $79,000 $125,900
2022 $2,064 $198,667 $0 $0
2021 $2,450 $192,433 $0 $0
2020 $3,573 $186,200 $79,000 $107,200
2019 $2,690 $185,300 $0 $0
2018 $137 $184,400 $0 $0
2017 $2,310 $183,500 $0 $0
2016 -- $178,067 $0 $0
2015 $2,281 $172,633 $0 $0
2014 $2,281 $167,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2017802

Bright MLS

APN: 01-062344