NOT LISTED FOR SALE

539 Lake Dr Lusby, MD 20657

Estimated Value: $251,000 - $298,855

2 Beds
1 Bath
1,300 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $140,000 $108 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,745/month

6 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Rambler Architecture
  • Water Oriented
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of May 2017

Quaint water-view home with a short walk to the beach in Drum Point. 2 Bedrooms, 1 full bath, open floor plan, sunroom, fenced back yard, bricked rear patio, large front deck, newer roof, and a gazebo are just some of what it has to offer!

Last Agent to Sell the Property

Sarah Swann

Baldus Real Estate, Inc. License #0225270708 Listed on: 04/21/2017

Last Buyer's Agent

Steve Brien

Home Towne Real Estate

Home Towne Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1962

Lot Details

  • 9,888 Sq Ft Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Log Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Sun or Florida Room
  • Water Views
  • Laundry Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Unpaved Parking
  • Off-Street Parking

Accessible Home Design

  • Doors swing in
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Gazebo
  • Shed

Schools

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

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Drum Point Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 16
  • Assessor Parcel Number 0501072331

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,710

Year Built

Built in 1962

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Doors - Swing In, Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Remarks Public: Quaint water-view home with a short walk to the beach in Drum Point. 2 Bedrooms, 1 full bath, open floor plan, sunroom, fenced back yard, bricked rear patio, large front deck, newer roof, and a gazebo are just some of what it has to offer!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Dishwasher
  • Interior Amenities: Family Room Off Kitchen, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings
  • Entry Location: Living Room
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 111.54
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 539

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Gazebo, Shed
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Log, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved
  • Type Of Parking: Off Street

Utilities

  • Refuse: 123.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane, Electric, Wood
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Dsl Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 115.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: DOWELL
  • Middle School: MILL CREEK
  • High School: PATUXENT
  • School District Key: 121139842846
  • Elementary School: DOWELL
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Improvement Assessed Value: 83500.00
  • Land Assessed Value: 63300.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 9888
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9888.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949472
  • Tax Annual Amount: 1710.19
  • Assessor Parcel Number: 0501072331
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1025
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/24/2017

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

Listed on
Apr 21, 2017
Closed on
May 24, 2017
Sold by
Flagg Pual H and Flagg Shirley L
Bought by
Young James A
Seller's Agent
Sarah Swann
Baldus Real Estate, Inc.
Buyer's Agent
Steve Brien
Home Towne Real Estate
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$285,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,214
Avg. Annual Appreciation
8.90%
Original Mortgage
$141,414
Outstanding Balance
$117,941
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$166,001

Purchase Details

Closed on
Apr 20, 2001
Sold by
Celmer James B
Bought by
Flagg Paul H and Flagg Shirley L

Purchase Details

Closed on
Sep 1, 1999
Sold by
Calvert Beach Estates Inc
Bought by
Celmer James B

Purchase Details

Closed on
May 28, 1984
Sold by
Alley Paul L and La Fern K
Bought by
Calvert Beach Estates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,273
Interest Rate
14.08%
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
Young James A $140,000 Legends Title Group Llc
Flagg Paul H $88,000 --
Celmer James B $81,900 --
Calvert Beach Estates Inc $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young James A $141,414
Previous Owner Calvert Beach Estates Inc $25,273
Closed Celmer James B --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $140,000 -3.4% $108 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $145,000 -- $112 / 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 $2,210 $192,767 $0 $0
2024 $2,210 $168,533 $0 $0
2023 $1,888 $144,300 $63,300 $81,000
2022 $1,473 $141,800 $0 $0
2021 $3,719 $139,300 $0 $0
2020 $3,937 $136,800 $63,300 $73,500
2019 $1,435 $136,800 $63,300 $73,500
2018 $2,887 $136,800 $63,300 $73,500
2017 $3,938 $146,800 $0 $0
2016 -- $143,533 $0 $0
2015 $1,822 $140,267 $0 $0
2014 $1,822 $137,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003270837

Bright MLS

APN: 01-072331