NOT LISTED FOR SALE

532 Lake Dr Lusby, MD 20657

Estimated Value: $433,000 - $541,000

2 Beds
3 Baths
2,271 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $279,100 $123 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,998/month

Highlights

  • 130 Feet of Waterfront
  • Beach
  • River View
  • Boat Ramp
  • Fishing Allowed
  • Open Floorplan

About This Home

As of May 2015

Lakefront home w/130 ft on Lake Charming! Panoramic views & tranquil setting awaits your arrival!Contemporary & open design w/ kitchen, dining area ,living rm w/gas FP, den/3rd bdrm, MBR, sun rm/guest room & large deck. Lower level has separate access to bdrm, bath, kitchenette & laundry. Fantastic views from every room! Landscaped w/perennial flowers! Relax & enjoy your day right here!

Last Agent to Sell the Property

Judy Szynborski

(410) 610-3989 judy.szynborski@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 04/06/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carl Beatty

(410) 610-7327 carlbeatty2869@gmail.com RE/MAX Realty Group License #81904

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1950

Lot Details

  • 0.57 Acre Lot
  • 130 Feet of Waterfront
  • Property is in very good condition

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • River
  • Pasture

Home Design

  • Contemporary Architecture
  • Wood Walls
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wood Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Stacked Washer and Dryer
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Connecting Stairway
  • Rear Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a lake
  • Non Powered Boats Only
  • Lake Privileges
  • Deck

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8R
  • Assessor Parcel Number 0501071173

Community Details

Overview

  • Drum Point Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Ramp
  • Beach
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,848

Year Built

Built in 1950

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Wall, Range Hood, Refrigerator, Washer/Dryer Stacked, Dryer, Oven/Range - Electric
  • Interior Amenities: Dining Area, Combination Kitchen/Dining, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Wood Walls, Wood Ceilings
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Study, Sun/Florida Room, In-Law/AuPair/Suite, Storage Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Improved, Heated, Outside Entrance, Partial, Walkout Level, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2271
  • Living Area Sq Ft: 2271
  • Price Per Sq Ft: 184.02
  • Above Grade Finished Sq Ft: 1521
  • Below Grade Finished Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Combination, Concrete
  • Construction Completed: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Water, Pasture, River
  • Water Access Features: Boat - Non Powered Only, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: LAKE CHARMING
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 130

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 117.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil, Bottled Gas/Propane
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 153.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Water/Lake Privileges, Boat Ramp
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 89700.00
  • Land Assessed Value: 182300.00
  • Lot Size Acres: 0.57
  • Lot Size Area: 24707
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24707.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available

Tax Info

  • Assessor Parcel Number: 14949554
  • Tax Annual Amount: 2847.88
  • Assessor Parcel Number: 0501071173
  • Tax Lot: 8R
  • Tax Year: 2013

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 29, 2015
Sold by
Reeves Roberta N and Roberta N Reeves Revocable Tru
Bought by
Smith John Richard and Parker Rosalie E
Seller's Agent
Judy Szynborski
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carl Beatty
RE/MAX Realty Group
List Price
$279,900
Sold Price
$279,100
Premium/Discount to List
-$800
-0.29%
Current Estimated Value
$499,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,844
Avg. Annual Appreciation
5.75%
Original Mortgage
$251,190
Outstanding Balance
$193,856
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$306,088

Purchase Details

Closed on
Aug 4, 2009
Sold by
Reeves Roberta N
Bought by
Reeves Roberta N

Purchase Details

Closed on
Oct 20, 1993
Sold by
Mcmichael J M
Bought by
Reeves Roberta N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.73%

Purchase Details

Closed on
Nov 28, 1989
Sold by
Mcmichael James M
Bought by
Mcmichael James M and Mcmichael Miriam S
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
Smith John Richard $279,100 Bridgeview Title Llc
Reeves Roberta N -- --
Reeves Roberta N $159,900 --
Mcmichael James M $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith John Richard $251,190
Previous Owner Reeves Roberta N $127,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $279,100 -0.3% $123 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $279,900 0.0% $123 / Sq Ft
07/01/2014 07/01/14 Rented $1,500 0.0% --
06/27/2014 06/27/14 Under Contract -- -- --
05/19/2014 05/19/14 For Rent $1,500 -- --
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 $4,257 $378,500 $0 $0
2024 $4,257 $358,200 $0 $0
2023 $3,900 $337,900 $182,300 $155,600
2022 $3,866 $334,933 $0 $0
2021 $3,755 $331,967 $0 $0
2020 $3,755 $329,000 $182,300 $146,700
2019 $3,604 $313,300 $0 $0
2018 $3,426 $297,600 $0 $0
2017 $3,300 $281,900 $0 $0
2016 -- $278,600 $0 $0
2015 $3,559 $275,300 $0 $0
2014 $3,559 $272,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002569320

Bright MLS

APN: 01-071173