NOT LISTED FOR SALE

550 Bay View Dr Lusby, MD 20657

Estimated Value: $410,000 - $539,000

3 Beds
4 Baths
2,130 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $318,900 $150 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,844/month

30 Days on Market

Highlights

  • Water Views
  • Boat or Launch Ramp
  • Open Floorplan
  • Pier
  • Sandy Beach
  • Cape Cod Architecture

About This Home

As of June 2016

Beautiful cape cod in Drum Point-upgrades throughout home including newly updated kitchen, hardwood floors thru out main level, warm, inviting dining area spacious living room and 1st floor master with generous walk in closet. 2 large bedrooms on the 2nd floor with jackjill bathroom and finished, walk out basement.Large, fenced in yard with pavilion fire pit and plenty of room for entertaining.

Last Agent to Sell the Property

Michael Stanton

Berkshire Hathaway HomeServices PenFed Realty Listed on: 04/05/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Donald Patrick Kilner

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1997

Lot Details

  • 0.35 Acre Lot
  • Sandy Beach
  • Property is in very good condition

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Workshop
  • Wood Flooring
  • Water Views
  • Upgraded Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 4 Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Side Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Pier
  • Water Oriented
  • Property near a bay
  • Boat or Launch Ramp
  • Boat Ramp
  • Shed
  • Storage Shed

Schools

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

Farming

  • Loafing Shed

Utilities

  • Cooling Available
  • Floor Furnace
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include pier/dock maintenance, snow removal
  • Built by H W MILLER& SONS
  • Drum Point Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01062204

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Year Built

Built in 1997

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Beautiful cape cod in Drum Point-upgrades throughout home including newly updated kitchen, hardwood floors thru out main level, warm, inviting dining area spacious living room and 1st floor master with generous walk in closet. 2 large bedrooms on the 2nd floor with jackjill bathroom and finished, walk out basement.Large, fenced in yard with pavilion fire pit and plenty of room for entertaining.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Bedroom 1, Laundry, Workshop
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Full, Daylight, Full, Fully Finished, Heated
  • Living Area Units: Square Feet
  • Total Sq Ft: 2130
  • Living Area Sq Ft: 2130
  • Price Per Sq Ft: 208.43
  • Above Grade Finished Sq Ft: 1530
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade, Shed Shop, Storage Barn/Shed, Loafing Shed
  • Other Structures List: Shed Shop, Storage Barn/Shed, Loafing Shed
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: PAX RIVER
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 4
  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Carport
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Detached Carport, Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s), Floor Furnace
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Snow Removal
  • 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

  • Lot Size Acres: 0.35
  • Lot Size Area: 15377
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15377.00
  • Property Attached Yn: No
  • Property Condition: Very Good

Building Info

  • Builder Name: H W MILLER& SONS

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

Tax Info

  • Assessor Parcel Number: 14950182
  • Assessor Parcel Number: 01062204
  • Close Date: 06/30/2016

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jun 30, 2016
Sold by
Lynch Andrew C and Bechtold Molly A
Bought by
Andreas Eric S and Andreas Asha D
Seller's Agent
Michael Stanton
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Donald Patrick Kilner
Real Broker, LLC
List Price
$318,900
Sold Price
$318,900
Current Estimated Value
$457,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,345
Avg. Annual Appreciation
4.03%
Original Mortgage
$287,010
Interest Rate
3.41%

Purchase Details

Closed on
Jul 20, 2005
Sold by
Wilson Roy E and Wilson Shelly L
Bought by
Lynch Andrew C and Bechtold Molly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,698
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Wilson Roy E and Wilson Shelley L
Bought by
Lynch Andrew C and Bechtold Molly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,698
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 1997
Sold by
H W Miller & Sons
Bought by
Wilson Roy E and Wilson Shelly L

Purchase Details

Closed on
May 21, 1992
Sold by
Bauer John O and Bauer Yvonne V
Bought by
H W Miller & Sons
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
Andreas Eric S $318,900 First American Title Insuran
Lynch Andrew C $319,900 --
Lynch Andrew C $319,900 Bay County Title & Escrow Ll
Wilson Roy E $156,500 --
H W Miller & Sons $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andreas Eric S $268,000
Closed Andereas Eric $287,010
Closed Andreas Eric S $287,010
Previous Owner Lynch Andrew C $291,065
Previous Owner Lynch Andrew C $324,698
Previous Owner Lynch Andrew C $324,698
Previous Owner Wilson Roy E $100,000
Closed Wilson Roy E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $318,900 0.0% $150 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $318,900 -- $150 / 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 $4,084 $371,567 $0 $0
2024 $4,084 $342,133 $0 $0
2023 $3,638 $312,700 $82,500 $230,200
2022 $3,215 $309,433 $0 $0
2021 $7,202 $306,167 $0 $0
2020 $3,482 $302,900 $82,500 $220,400
2019 $2,946 $280,867 $0 $0
2018 $2,715 $258,833 $0 $0
2017 $2,783 $236,800 $0 $0
2016 -- $233,567 $0 $0
2015 $2,967 $230,333 $0 $0
2014 $2,967 $227,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003905331

Bright MLS

APN: 01-062204