NOT LISTED FOR SALE

571 Lake Dr Lusby, MD 20657

Estimated Value: $584,000 - $713,000

5 Beds
3.5 Baths
-- Sq Ft
0.34 Acres

Last Sold May 17, 2022

Last sale price $549,900

Est. 23% increase in value since last sale

Current estimated payment $4,051/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • New Construction
  • Beach
  • Water Access
  • Colonial Architecture

About This Home

As of May 2022

New Construction. Framing starting in January 2022. See plans attached. Time for buyer to make some selections. Upgrade kitchen with granite and recessed lighting with kitchen island, gaslog fireplace, nice large front porch to watch the sunrise and the boats go up the Bay.....

Last Agent to Sell the Property

Kathleen O'Bryhim

(443) 532-1108 kmo@comcast.net Berkshire Hathaway HomeServices PenFed Realty License #504829 Listed on: 12/29/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kathleen O'Bryhim

(443) 532-1108 kmo@comcast.net Berkshire Hathaway HomeServices PenFed Realty License #504829 Listed on: 12/29/2021

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Partially Finished Basement
  • Exterior Basement Entry
  • Laundry on main level

Bedrooms and Bathrooms

Accessible Home Design

  • Doors with lever handles
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Central Air
  • Heating System Uses Coal
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 0501066242

Community Details

Overview

  • Built by O'Hennon LLC
  • Drum Point Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,819

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$14 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits, Doors - Lever Handle(s), Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane, Mantel(s), Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished, Outside Entrance
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Stick Built, Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Coal
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 165.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Beach
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Assessed Value: 135600.00
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: O'Hennon LLC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949907
  • Tax Annual Amount: 1819.00
  • Assessor Parcel Number: 0501066242
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
May 16, 2022
Sold by
Floyd & Gilmore Llc
Bought by
Tokarski Russell V and Gibbs-Tokarski Tara
Seller's Agent
Kathleen O'Bryhim
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kathleen O'Bryhim
Berkshire Hathaway HomeServices PenFed Realty
List Price
$549,900
Sold Price
$549,900
Current Estimated Value
$673,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,062
Avg. Annual Appreciation
6.07%
Original Mortgage
$349,900
Outstanding Balance
$332,546
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$341,416

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jul 15, 2021
Sold by
Philipp Christopher A and Estate Of Gregory Alan Philipp
Bought by
Floyd & Gilmore Llc
Seller's Agent
Team Stueckler
Keller Williams Flagship
Buyer's Agent
Kathleen O'Bryhim
Berkshire Hathaway HomeServices PenFed Realty
List Price
$57,000
Sold Price
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1385.65%

Purchase Details

Closed on
May 12, 2020
Sold by
Philipp Nancy F and Estate Of Charles C Philipp
Bought by
Philipp Gregory A

Purchase Details

Closed on
Mar 4, 1985
Sold by
Galkin Thelma W
Bought by
Philipp Gregory A and Philipp Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,800
Interest Rate
13.02%
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
Tokarski Russell V $549,900 Calvert Title
Floyd & Gilmore Llc $57,000 Calvert Title Company
Philipp Gregory A -- None Available
Philipp Gregory A $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tokarski Russell V $349,900
Previous Owner Philipp Gregory A $8,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold $549,900 0.0% --
12/29/2021 12/29/21 For Sale $549,900 +864.7% --
07/16/2021 07/16/21 Sold $57,000 0.0% -- View Prior Sale
01/25/2021 01/25/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $57,000 -- --
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 $5,902 $555,167 $0 $0
2024 $5,902 $510,633 $0 $0
2023 $5,232 $466,100 $152,600 $313,500
2022 $5,099 $453,567 $0 $0
2021 $10,197 $135,600 $135,600 $0
2020 $1,531 $135,600 $135,600 $0
2019 $1,422 $135,600 $135,600 $0
2018 $1,422 $135,600 $135,600 $0
2017 $1,558 $135,600 $0 $0
2016 -- $135,600 $0 $0
2015 -- $135,600 $0 $0
2014 -- $135,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2003390

Bright MLS

APN: 01-066242