NOT LISTED FOR SALE

561 Balsom Rd Lusby, MD 20657

Estimated Value: $31,000 - $349,000

0.15 Acre
$988,887 Price per Acre
6,500 Sq Ft Lot

Last Sold June 26, 2012

Last sale price $10,000

Est. 1,383% increase in value since last sale

Current estimated payment $839/month

Highlights

  • Home fronts navigable water
  • Boat Ramp
  • 1 Non-Powered Boats Permitted
  • Water Access
  • Wooded Lot

About This Lot

As of June 2012

Vacant building lot in water-oriented community. HOA, quiet, no through traffic street. View anytime. No contingencies - sell entirely.

Last Agent to Sell the Property

Cheryl Longcor

clongcor@hometowneteam.com Home Towne Real Estate License #MRIS:104840 Listed on: 07/15/2009

Last Buyer's Agent

Cheryl Longcor

clongcor@hometowneteam.com Home Towne Real Estate License #MRIS:104840 Listed on: 07/15/2009

Property Details

Property Type

  • Land

Lot Details

  • 6,500 Sq Ft Lot
  • Home fronts navigable water
  • No Through Street
  • The property's topography is level
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Utilities

  • No Septic System

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0501055844

Community Details

Recreation

  • Water Access
  • Boat Ramp
  • 1 Non-Powered Boats Permitted

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 2.31

Exterior Features

  • Dock Type: Ramp
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: UNKNOWN
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 105.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Lot Features: No Thru Street, Trees/Wooded
  • Lot Size Acres: 0.15
  • Lot Size Area: 6500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Possible Use: Residential
  • Topography: Level
  • Year Assessed: 2009
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14950613
  • Tax Annual Amount: 694.34
  • Assessor Parcel Number: 0501055844
  • Tax Lot: 12
  • Tax Page Number: 152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2008
  • Close Date: 06/26/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2009
Closed on
Jun 26, 2012
Sold by
Flaschar Henry
Bought by
Warren Kari and Gibbs Michael
Seller's Agent
Cheryl Longcor
Home Towne Real Estate
Buyer's Agent
Cheryl Longcor
Home Towne Real Estate
List Price
$65,000
Sold Price
$10,000
Premium/Discount to List
-$55,000
-84.62%
Current Estimated Value
$148,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,333
Avg. Annual Appreciation
22.46%
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
Warren Kari $10,000 Maryland Trust Title & Escro
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2012 06/26/12 Sold $10,000 -84.6% --
05/23/2012 05/23/12 Pending -- -- --
07/15/2009 07/15/09 For Sale $65,000 -- --
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 $370 $34,300 $34,300 $0
2024 $370 $34,300 $34,300 $0
2023 $356 $34,300 $34,300 $0
2022 $356 $34,300 $34,300 $0
2021 $358 $34,300 $34,300 $0
2020 $358 $34,300 $34,300 $0
2019 $360 $34,300 $34,300 $0
2018 $360 $34,300 $34,300 $0
2017 $365 $34,300 $0 $0
2016 -- $34,300 $0 $0
2015 $742 $34,300 $0 $0
2014 $742 $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005412246

Bright MLS

APN: 01-055844