NOT LISTED FOR SALE

548 Lake Dr Lusby, MD 20657

Estimated Value: $299,000 - $388,515

3 Beds
2.5 Baths
1,456 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $145,000 $100 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,128/month

Highlights

  • Primary bedroom faces the bay
  • Bay View
  • Waterfront
  • Water Oriented
  • Eat-In Gourmet Kitchen
  • Open Floorplan

About This Home

As of September 2019

This is a completely remodeled home on a lake w views of the Chesapeake Bay!! It has 3 bedrooms up w two baths, one new now and one about to be remodeled. There is a walk out to a deck that is being built overlooking the lake. Down a set of spiral stairs is a large living room, a wonderfully remodeled kitchen w large island and all new w lots of light!! A half bath, laundry and two doors to back yard. $1700 for 3 year lease.

Last Agent to Rent the Property

Mac McCord

(202) 439-4500 mac@macmccord.com Samson Properties License #579745 Listed on: 07/27/2019

Samson Properties

Last Renter's Agent

Mac McCord

(202) 439-4500 mac@macmccord.com Samson Properties License #579745 Listed on: 07/27/2019

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1987

Lot Details

  • 0.36 Acre Lot
  • Waterfront
  • Property is in very good condition

Property Views

  • Bay
  • Lake

Home Design

  • Rambler Architecture
  • Entry on the 2nd floor
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room Off Kitchen
  • Sitting Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Shed
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Treatment System
  • Well
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Drum Point Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,850
  • Tenant pays for electricity, gas
  • No Smoking Allowed
  • 12-Month Min and 60-Month Max Lease Term
  • Available 8/1/19
  • $50 Application Fee
  • Assessor Parcel Number 0501064703

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Date Available: 2019-08-01
  • Application Fee: 50.00
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1850.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 60
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Spiral Staircase, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors, Stove - Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Walkout Level
  • Basement Finished Percent: 95.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 1492
  • Living Area Sq Ft: 1456
  • Price Per Sq Ft: 2.35
  • Above Grade Finished Sq Ft: 746
  • Below Grade Finished Sq Ft: 710
  • Below Grade Sq Ft: 36
  • Total Below Grade Sq Ft: 746
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Hardiplank Type
  • Exterior Features: Outbuilding(s)
  • Roof: Asphalt
  • Spa: No
  • View: Bay, Lake
  • Water Access: No
  • Water Body Name: Lake Charming w view of Chesapeake Bay!!
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15812.00
  • Property Condition: Very Good
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 14950031
  • Assessor Parcel Number: 0501064703

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
Ballard Richard F
Bought by
Ballard Richard F and Connor Ballard Patricia
Current Estimated Value
$352,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$96,038
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$256,091

Purchase Details

Listed on
Sep 29, 2016
Closed on
Mar 27, 2017
Sold by
Zimmer Joyee D and Zimmer Andrew P
Bought by
Ballard Richard F
Seller's Agent
LaShaun Queen
Taylor Properties
Buyer's Agent
LaShaun Queen
Taylor Properties
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%

Purchase Details

Closed on
Dec 24, 1996
Sold by
Gilbert Dorothy Gwynn
Bought by
Zimmer Andrew P and Zimmer Joyce D

Purchase Details

Closed on
Aug 17, 1989
Sold by
Scribner Kathryn D
Bought by
Gilbert Dorothy Gwynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
9.96%

Purchase Details

Closed on
Dec 31, 1986
Sold by
Crowell Jack and Crowell Miriam P
Bought by
Scribner Kathryn D
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
Ballard Richard F -- Unisource
Ballard Richard F $145,000 Michaels Title & Escrow Llc
Zimmer Andrew P $134,000 --
Gilbert Dorothy Gwynn $166,500 --
Scribner Kathryn D $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Richard F $153,750
Previous Owner Gilbert Dorothy Gwynn $133,200
Closed Zimmer Andrew P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2019 09/03/19 Rented $1,750 0.0% --
08/24/2019 08/24/19 Price Changed $1,750 -5.4% $1 / Sq Ft
07/27/2019 07/27/19 For Rent $1,850 0.0% --
03/24/2017 03/24/17 Sold $145,000 -17.1% $194 / Sq Ft View Prior Sale
12/08/2016 12/08/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $175,000 -- $235 / 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 $3,306 $285,067 $0 $0
2024 $3,306 $270,033 $0 $0
2023 $2,649 $255,000 $141,600 $113,400
2022 $2,583 $248,567 $0 $0
2021 $2,969 $242,133 $0 $0
2020 $2,781 $235,700 $141,600 $94,100
2019 $2,472 $235,700 $141,600 $94,100
2018 $2,472 $235,700 $141,600 $94,100
2017 $2,816 $237,500 $0 $0
2016 -- $236,633 $0 $0
2015 $3,086 $235,767 $0 $0
2014 $3,086 $234,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA171358

Bright MLS

APN: 01-064703