NOT LISTED FOR SALE

537 Bay View Dr Lusby, MD 20657

Estimated Value: $439,000 - $458,000

2 Beds
2 Baths
1,092 Sq Ft
$412/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $439,500 $402 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,659/month

4 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Parking available for a boat
  • Newly Remodeled
  • Public Boat Ramp
  • Private Beach
  • Fishing Allowed

About This Home

As of October 2024

What a great opportunity to own a slice of heaven. Over one + ac of lake front property in Drum Point. Fishing, Kayaking , and all other water sports at your finger tips. This property has been enjoy as a AIRBNB and also enjoyed by the owner as well. Very well maintained home. New Deck, New roof , New chimney flue, New Floors and much more. Full basements and walk out to the firepit and kayak rack. Truly a great investment for anyone.

Last Agent to Sell the Property

Michael Stanton

(301) 643-5199 michael.stanton@mcnelisgroup.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/24/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,365

Year Built

  • Built in 1989 | Newly Remodeled

Lot Details

  • 1.41 Acre Lot
  • 100 Feet of Waterfront
  • Private Beach
  • Public Beach
  • Year Round Access
  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Architectural Shingle Roof
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Lake Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Heated Basement
  • Rear Basement Entry
  • Rough-In Basement Bathroom
  • Natural lighting in basement

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Circular Driveway
  • Parking available for a boat

Accessible Home Design

  • Doors are 32 inches wide or more
  • Ramp on the main level

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Electric Motor Boats Only
  • Deck
  • Exterior Lighting

Schools

  • Dowell Elementary School
  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 24
  • Assessor Parcel Number 0501074725

Community Details

Overview

  • Drum Point HOA
  • Drum Point Subdivision
  • Property Manager

Recreation

  • Public Boat Ramp
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,365

Year Built

Built in 1989 | Newly Remodeled

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: 32"+ Wide Doors, Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2024-09-30
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Heated, Outside Entrance, Poured Concrete, Rear Entrance, Rough Bath Plumb
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 402.47
  • Above Grade Finished Sq Ft: 1092
  • Below Grade Sq Ft: 1092
  • Total Below Grade Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame
  • Construction Completed: No
  • Exterior Features: Boat Storage, Chimney Cap(s), Extensive Hardscape, Exterior Lighting, Private Beach
  • Roof: Asphalt, Architectural Shingle
  • View: Lake
  • Water Access Features: Boat - Electric Motor Only, Canoe/Kayak, Fishing Allowed, Private Access, Public Beach
  • 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: 100

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Circular Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Wood
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 167.50
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: DRUM POINT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Horses: No
  • Lot Features: Fishing Available, Year Round Access
  • Lot Size Acres: 1.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 61420.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 27709.68
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3365.00
  • Assessor Parcel Number: 0501074725
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Boat/Launch Ramp - Public

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Oct 31, 2024
Sold by
Stout Charlene
Bought by
Jablinske Nancy-Lynne
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$439,500
Sold Price
$439,500
Views
46
Current Estimated Value
$449,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,300
Avg. Annual Appreciation
2.34%

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 3, 2020
Sold by
Garber Michael Andrew and Estate Of Robert E Garber
Bought by
Stout Charlene
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$291,555
Interest Rate
3.1%

Purchase Details

Closed on
Feb 4, 1999
Sold by
Canterini Peter F and Canterini Angela B
Bought by
Garber Robert E and Garber Christine M

Purchase Details

Closed on
Aug 8, 1989
Sold by
H W Miller & Sons Inc
Bought by
Canterini Peter F and Canterini Angela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,700
Interest Rate
9.68%

Purchase Details

Closed on
May 11, 1988
Sold by
Stover Blair R and Stover Florence H
Bought by
H W Miller & Sons Inc
Source: Public Records

Range of Values:

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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
Jablinske Nancy-Lynne $439,500 Titlemax
Jablinske Nancy-Lynne $439,500 Titlemax
Stout Charlene $285,000 None Available
Garber Robert E $130,000 --
Canterini Peter F $113,000 --
H W Miller & Sons Inc $16,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Charlene $291,555
Previous Owner Canterini Peter F $102,700
Closed Garber Robert E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $439,500 0.0% $402 / Sq Ft
09/24/2024 09/24/24 For Sale $439,500 +54.2% $402 / Sq Ft
08/07/2020 08/07/20 Sold $285,000 -1.4% $261 / Sq Ft View Prior Sale
07/16/2020 07/16/20 For Sale $289,000 -- $265 / 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 $3,347 $292,700 $0 $0
2024 $3,347 $273,900 $0 $0
2023 $3,039 $255,100 $122,300 $132,800
2022 $2,834 $235,567 $0 $0
2021 $5,667 $216,033 $0 $0
2020 $2,371 $196,500 $98,000 $98,500
2019 $2,061 $196,500 $98,000 $98,500
2018 $2,061 $196,500 $98,000 $98,500
2017 $2,378 $198,400 $0 $0
2016 -- $195,533 $0 $0
2015 $2,414 $192,667 $0 $0
2014 $2,414 $189,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2017758

Bright MLS

APN: 01-074725