NOT LISTED FOR SALE

525 Pine Ln Lusby, MD 20657

Estimated Value: $50,718 - $52,000

0.23 Acre
$223,300 Price per Acre
10,062 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $31,900

Est. 61% increase in value since last sale

Current estimated payment $319/month

Highlights

  • Boat Ramp
  • Beach
  • Lake Privileges
  • Water Views
  • Water Oriented
  • Community Lake

About This Lot

As of September 2020

Build here for the Chesapeake Bay lifestyle.Gorgeous level lot in Drum Point, just one block from the Bay and across from waterfront homes. Seller says a new home may even have bay views with the right design! Perc good through 3/2022. We have incredible builders for the project. Call now for details, to walk the lot, to learn about Drum Point!

Last Agent to Sell the Property

Chris McNelis

(410) 610-4045 chris.mcnelis@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #17858 Listed on: 02/26/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mac McCord

(202) 439-4500 mac@macmccord.com Samson Properties License #579745

Samson Properties

Property Details

Property Type

  • Land

Lot Details

  • 10,062 Sq Ft Lot
  • Corner Lot
  • Wooded Lot
  • Cost To Obtain Building Permits

HOA Fees

  • $10 Monthly HOA Fees

Property Views

  • Water
  • Garden

Utilities

  • Site Evaluation on File

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0501070886

Community Details

Overview

  • Association fees include management, insurance, reserve funds, recreation facility, snow removal
  • Drum Point Subdivision
  • The community has rules related to alterations or architectural changes, covenants
  • Community Lake

Recreation

  • Boat Ramp
  • Beach
  • Water Oriented
  • Property near a bay
  • Lake Privileges

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.47

Exterior Features

  • Road Surface Type: Black Top
  • View: Water, Garden/Lawn
  • View: Yes
  • Water Access: No
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File

Condo/Co-op/Association

  • HOA Fees: 124.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Lake, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Reserve Funds, Recreation Facility, Snow Removal
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Pets - Allowed, Restrictions
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner, Trees/Wooded
  • Lot Size Acres: 0.23
  • Lot Size Area: 10062
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10062.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949578
  • Tax Annual Amount: 889.86
  • Assessor Parcel Number: 0501070886
  • Tax Lot: 13
  • Tax Page Number: 317
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2025
Sold by
Ballard Roth Ira Llc
Bought by
Corpuz Roman Manuel
Current Estimated Value
$51,359

Purchase Details

Listed on
Feb 26, 2018
Closed on
Sep 25, 2020
Sold by
Gibbons Baker Emalie
Bought by
Ballard Rothira Llc
Seller's Agent
Chris McNelis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mac McCord
Samson Properties
List Price
$34,900
Sold Price
$31,900
Premium/Discount to List
-$3,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
Jun 4, 2007
Sold by
Lyman Josiah and Lyman Sophie B

Purchase Details

Closed on
May 25, 2007
Sold by
Lyman Josiah and Lyman Sophie B
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
Corpuz Roman Manuel $50,000 None Listed On Document
Corpuz Roman Manuel $50,000 None Listed On Document
Ballard Rothira Llc $31,900 Aspect Title And Escrow Llc
-- $77,500 --
-- $77,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $31,900 -8.6% --
09/08/2020 09/08/20 Pending -- -- --
02/08/2019 02/08/19 For Sale $34,900 +9.4% --
02/08/2019 02/08/19 Off Market $31,900 -- --
02/26/2018 02/26/18 For Sale $34,900 -- --
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 $469 $45,100 $45,100 $0
2024 $469 $45,100 $45,100 $0
2023 $469 $45,100 $45,100 $0
2022 $644 $45,100 $45,100 $0
2021 $644 $45,100 $45,100 $0
2020 $586 $45,100 $45,100 $0
2019 $473 $45,100 $45,100 $0
2018 $473 $45,100 $45,100 $0
2017 $540 $45,100 $0 $0
2016 -- $45,100 $0 $0
2015 -- $45,100 $0 $0
2014 -- $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000201992

Bright MLS

APN: 01-070886