NOT LISTED FOR SALE

542 Bay View Dr Lusby, MD 20657

Estimated Value: $33,000 - $82,000

0.36 Acre
$159,722 Price per Acre
15,682 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $27,000

Est. 113% increase in value since last sale

Current estimated payment $364/month

About This Lot

As of May 2021

Great Lot to build on. Close by Boat ramps available. Easy access to the Chesapeake Bay. Nice and quiet area and close to nature and water activities. Great retirement or summer vacation possibilities. Seller has applied for the "Wet Season" Perc test, and is willing to pay all necessary costs to perform this test, making the lot that much closer to being able to build on it.

Last Agent to Sell the Property

Gregory Leverton

(602) 327-0703 gleverton@aol.com Long & Foster Real Estate, Inc. Listed on: 02/08/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gilbert Marsiglia

(443) 739-5195 gmarsiglia@marsiglia.com Gilbert D. Marsiglia & Co, Inc. License #02328

Property Details

Property Type

  • Land

Lot Details

  • 0.36 Acre Lot
  • Sloped Lot

HOA Fees

  • $2 Monthly HOA Fees

Location

  • Bayside

Utilities

  • Well Permit Not Applied For
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Drum Point Homeowners Association, Phone Number (410) 326-6148
  • Drum Point Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0501068849

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Great Lot to build on. Close by Boat ramps available. Easy access to the Chesapeake Bay. Nice and quiet area and close to nature and water activities. Great retirement or summer vacation possibilities. Seller has applied for the "Wet Season" Perc test, and is willing to pay all necessary costs to perform this test, making the lot that much closer to being able to build on it.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.23
  • Street Number Modifier: 542

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well Permit Not Applied For
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: DRUM POINT HOMEOWNERS ASSOCIATION
  • HOA Phone: (410) 326-6148
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 010
  • Lot Features: Road Frontage, Sloping
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15464.00
  • Possible Use: Residential, Land/Lot Only
  • Year Assessed: 2021
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949717
  • Tax Annual Amount: 937.00
  • Assessor Parcel Number: 0501068849
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/14/2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
May 14, 2021
Sold by
Schaffer Karen and Oliver Patricia
Bought by
Youngerman Roger C
Seller's Agent
Gregory Leverton
Long & Foster Real Estate, Inc.
Buyer's Agent
Gilbert Marsiglia
Gilbert D. Marsiglia & Co, Inc.
List Price
$50,000
Sold Price
$27,000
Premium/Discount to List
-$23,000
-46%
Current Estimated Value
$57,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,500
Avg. Annual Appreciation
18.47%
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
Youngerman Roger C $17,000 Lawyers Express Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $27,000 -46.0% --
04/05/2021 04/05/21 Pending -- -- --
02/08/2020 02/08/20 For Sale $50,000 -- --
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 $720 $50,500 $50,500 $0
2024 $720 $50,500 $50,500 $0
2023 $700 $50,500 $50,500 $0
2022 $700 $50,500 $50,500 $0
2021 $700 $50,500 $50,500 $0
2020 $642 $50,500 $50,500 $0
2019 $530 $50,500 $50,500 $0
2018 $530 $50,500 $50,500 $0
2017 $652 $50,500 $0 $0
2016 -- $50,500 $0 $0
2015 $679 $50,500 $0 $0
2014 $679 $53,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA174566

Bright MLS

APN: 01-068849