NOT LISTED FOR SALE

545 Lake Dr Lusby, MD 20657

Estimated Value: $344,000 - $384,000

2 Beds
2 Baths
1,400 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $295,000 $211 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,185/month

54 Days on Market

Highlights

  • Beach
  • Water Access
  • Open Floorplan
  • Home fronts navigable water
  • Lake View
  • Rambler Architecture

About This Home

As of January 2021

Charming best describes this 2 bedroom and 2 full bath with a separate office for the folks that r at home working. The kitchen is unbelievable!! Hardwood floors, tile floors, Living room and a separate family room. HVAC is 3 years young. Well and roof are approx. 7 years old. Beach access, shed and a great level yard. Mud room, patio and walk in closets.

Last Agent to Sell the Property

Karen Alford-Brooks

(301) 481-0644 karen.brooks@c21nm.com CENTURY 21 New Millennium Listed on: 11/03/2020

CENTURY 21 New Millennium

Last Buyer's Agent

Darrin Carter

(240) 434-6532 darrincarter20606@gmail.com RE/MAX One License #675732

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1964 | Remodeled in 2013

Lot Details

  • 10,149 Sq Ft Lot
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Cleared Lot
  • Back Yard
  • Property is in very good condition

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Family Room Off Kitchen
  • Dining Area
  • Lake Views
  • Laundry on main level

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Range Hood
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Water Access
  • Property near a bay
  • Patio

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0501064371

Community Details

Overview

  • Drum Point Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,717

Year Built

Built in 1964 | Remodeled in 2013

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Exhaust Fan, Oven - Double, Oven/Range - Gas, Range Hood, Refrigerator
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Country, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Skylight(s), Tub Shower, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 210.71
  • Above Grade Finished Sq Ft: 1400
  • 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: Stucco
  • Exterior Features: Extensive Hardscape
  • Roof: Asphalt
  • Spa: No
  • View: Lake
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Propane
  • Security: Main Entrance Lock
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Propane
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 15.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared, Landscaping, Level, Rear Yard
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10149.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2717.00
  • Assessor Parcel Number: 0501064371
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jan 29, 2021
Sold by
Woody Deborah S
Bought by
Bruns Catherine
Seller's Agent
Karen Alford-Brooks
CENTURY 21 New Millennium
Buyer's Agent
Darrin Carter
RE/MAX One
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%
Current Estimated Value
$363,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,288
Avg. Annual Appreciation
4.48%
Original Mortgage
$236,000
Outstanding Balance
$211,076
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$152,212

Purchase Details

Closed on
Aug 10, 2000
Sold by
Mcnelis Christine M
Bought by
Woody Deborah S

Purchase Details

Closed on
Oct 2, 1995
Sold by
Philips R C
Bought by
Mcnelis C M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,850
Interest Rate
7.89%

Purchase Details

Closed on
Apr 19, 1983
Sold by
Cofran Edward L and Cofran Edith D
Bought by
Chainay Ruth Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
12.79%
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
Bruns Catherine $295,000 Lighthouse Title
Woody Deborah S $131,000 --
Mcnelis C M $116,700 --
Chainay Ruth Alice $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruns Catherine $236,000
Previous Owner Mcnelis C M $110,850
Previous Owner Chainay Ruth Alice $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $295,000 0.0% $211 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
12/27/2020 12/27/20 Price Changed $295,000 +1.8% $211 / Sq Ft
11/03/2020 11/03/20 For Sale $289,900 -- $207 / 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 $3,112 $271,433 $0 $0
2024 $3,112 $252,067 $0 $0
2023 $2,807 $232,700 $115,100 $117,600
2022 $2,763 $228,800 $0 $0
2021 $5,526 $224,900 $0 $0
2020 $2,627 $221,000 $115,100 $105,900
2019 $2,271 $216,467 $0 $0
2018 $2,223 $211,933 $0 $0
2017 $2,433 $207,400 $0 $0
2016 -- $200,700 $0 $0
2015 $2,288 $194,000 $0 $0
2014 $2,288 $187,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA179582

Bright MLS

APN: 01-064371