NOT LISTED FOR SALE

524 Platte Rd Lusby, MD 20657

Estimated Value: $425,000 - $455,000

3 Beds
2 Baths
1,865 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $398,000 $213 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,722/month

40 Days on Market

Highlights

  • Water Access
  • Rambler Architecture
  • Oversized Parking
  • Private Pool
  • 2 Car Direct Access Garage
  • No Interior Steps

About This Home

As of February 2022

This beautiful home has everything you need and want on one living level. Huge covered front porch is perfect for hanging out and catching up with neighbors. Large great room with vaulted ceilings , fireplace, and built-in bookshelves greets you when you open the door. The home has been freshly repainted and new flooring installed throughout. The gourmet eat in kitchen with custom cabinets, ss appliances and gas stove is the perfect size for entertaining and adjoins the great room. Full sized laundry room off the kitchen leads to oversized two car garage. Additional space off of the great room is perfect for separate dining area or make a perfect office with custom shelving. There are two nice sized bedrooms and a brand new hall bath. The large master bedroom has walk to walk closets and a luxury bath that will make you feel like you have walked into a spa complete with jetted tub, double vanities, large walk in shower with multiple shower heads. The master bedroom also has a private balcony overlooking yard. The back yard is completely fenced, has a triple sized shed with electric, above ground pool and new patios and decking. New roof installed in 2021 along with encapsulated crawl space. HVAC is 18 seer and is less than two years old. Additional insulation has been added to make the home energy efficient. The home has been wired for theatre system, fully wired Ethernet, alarm system and camera.
The sellers are also selling the build able lot next door. Both parcels can be combined into one sale.

Last Agent to Sell the Property

Kristi Krankowski

RE/MAX One Listed on: 11/17/2021

RE/MAX One

Last Buyer's Agent

Shelby Bentson

RE/MAX Realty Centre, Inc. License #634570

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1994

Lot Details

  • 0.35 Acre Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,865 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Private Pool
  • Water Access
  • Property is near a lake

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Public Septic

Community Details

  • Chesapeake Ranch Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0501200550

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,814

Year Built

Built in 1994

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-18
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful home has everything you need and want on one living level. Huge covered front porch is perfect for hanging out and catching up with neighbors. Large great room with vaulted ceilings , fireplace, and built-in bookshelves greets you when you open the door. The home has been freshly repainted and new flooring installed throughout. The gourmet eat in kitchen with custom cabinets, ss appliances and gas stove is the perfect size for entertaining and adjoins the great room. Full sized laundry room off the kitchen leads to oversized two car garage. Additional space off of the great room is perfect for separate dining area or make a perfect office with custom shelving. There are two nice sized bedrooms and a brand new hall bath. The large master bedroom has walk to walk closets and a luxury bath that will make you feel like you have walked into a spa complete with jetted tub, double vanities, large walk in shower with multiple shower heads. The master bedroom also has a private balcony overlooking yard. The back yard is completely fenced, has a triple sized shed with electric, above ground pool and new patios and decking. New roof installed in 2021 along with encapsulated crawl space. HVAC is 18 seer and is less than two years old. Additional insulation has been added to make the home energy efficient. The home has been wired for theatre system, fully wired Ethernet, alarm system and camera. The sellers are also selling the build able lot next door. Both parcels can be combined into one sale.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1865
  • Living Area Sq Ft: 1865
  • Price Per Sq Ft: 195.71
  • Above Grade Finished Sq Ft: 1865
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 524

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
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 167400.00
  • Land Assessed Value: 55200.00
  • Land Use Code: 010
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15400.00
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975966
  • Tax Annual Amount: 2814.00
  • Assessor Parcel Number: 0501200550
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1800
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/18/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Feb 18, 2022
Sold by
Hubbell David B
Bought by
Svedberg Eric J and Bonhag Caitlin
Seller's Agent
Kristi Krankowski
RE/MAX One
Buyer's Agent
Shelby Bentson
RE/MAX Realty Centre, Inc.
List Price
$365,000
Sold Price
$398,000
Premium/Discount to List
$33,000
9.04%
Current Estimated Value
$433,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,568
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Roberts Renee Maree
Bought by
Hubbell David N and Hubbell Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,100
Interest Rate
5.12%
Mortgage Type
VA

Purchase Details

Closed on
May 5, 2009
Sold by
Roberts Dorothy L
Bought by
Roberts Renee Maree

Purchase Details

Closed on
Jan 17, 2007
Sold by
Roberts Dorothy L
Bought by
Roberts Dorothy L and Teeter Philip

Purchase Details

Closed on
Oct 24, 2006
Sold by
Roberts Dorothy L
Bought by
Roberts Dorothy L and Teeter Philip

Purchase Details

Closed on
Mar 9, 2005
Sold by
Robert Dorothy L
Bought by
Robert Dorothy L and Teeter Philip

Purchase Details

Closed on
Sep 4, 2003
Sold by
Roberts Dorothy L and Teeter Philip
Bought by
Roberts Dorothy L and Teeter Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Roberts Dorothy L
Bought by
Robert Dorthy L and Teeter Philip

Purchase Details

Closed on
May 30, 2000
Sold by
Gallagher Peter A and Gallagher Helen V
Bought by
Roberts Dorothy L
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
Svedberg Eric J $398,000 Stewart Title Company
Hubbell David N $239,000 --
Roberts Renee Maree -- --
Roberts Dorothy L -- --
Roberts Dorothy L -- --
Robert Dorothy L -- --
Roberts Dorothy L $63,676 None Available
Robert Dorthy L -- --
Roberts Dorothy L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hubbell David B $236,300
Previous Owner Hubbell David B $244,100
Previous Owner Roberts Dorothy L $121,500
Closed Hubbell David N --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $398,000 +9.0% $213 / Sq Ft
12/14/2021 12/14/21 For Sale $365,000 -8.3% $196 / Sq Ft
11/17/2021 11/17/21 Off Market $398,000 -- --
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 $3,675 $352,067 $0 $0
2024 $3,675 $300,533 $0 $0
2023 $2,741 $249,000 $55,200 $193,800
2022 $2,496 $240,200 $0 $0
2021 $5,843 $231,400 $0 $0
2020 $2,744 $222,600 $55,200 $167,400
2019 $2,300 $219,300 $0 $0
2018 $2,266 $216,000 $0 $0
2017 $2,593 $212,700 $0 $0
2016 -- $208,600 $0 $0
2015 $2,894 $204,500 $0 $0
2014 $2,894 $200,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2002624

Bright MLS

APN: 01-200550