NOT LISTED FOR SALE

597 Lake Dr Lusby, MD 20657

Estimated Value: $296,000 - $332,153

2 Beds
1 Bath
-- Sq Ft
0.25 Acres

Last Sold March 12, 2013

Last sale price $125,000

Est. 155% increase in value since last sale

Current estimated payment $1,932/month

Highlights

  • Water Views
  • Galley Kitchen
  • Baseboard Heating
  • Water Access
  • Bungalow

About This Home

As of March 2013

All you need is a second floor on this home and you will have a magnificent view of the Bay. situated on a knoll and this has been waiting for the perfect buyer who will want this home with out the high cost of waterfront!!! this home is one of those that will become something great!! Wonderful location i Priced $60000 below assessment. Hurry you will not be disppointed Value is in Land

Last Agent to Sell the Property

Connie Stommel

(301) 855-7867 cstommel@gmail.com EXIT 1 Stop Realty Listed on: 06/15/2011

EXIT 1 Stop Realty

Last Buyer's Agent

Mac McCord

(202) 439-4500 mac@macmccord.com Samson Properties License #579745

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • The property's topography is moderate slope
  • Property is in below average condition

HOA Fees

  • HOA YN

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Fiberglass Roof
  • Piling Construction
  • Cedar

Interior Spaces

  • Property has 1 Level
  • Fireplace With Glass Doors
  • Water Views
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Condo Association YN: No

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 0501071653

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 1954

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Galley
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar
  • Roof: Fiberglass
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 113.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 10.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 80490.00
  • Land Assessed Value: 171780.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Below Average
  • Topography: Moderate Slope
  • Year Assessed: 2011
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14949525
  • Tax Annual Amount: 2501.64
  • Assessor Parcel Number: 0501071653
  • Tax Lot: 26
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 03/12/2013

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2013
Sold by
Ballard Richard F and Ballard Patricia C
Bought by
Froman Juanita J
Current Estimated Value
$318,655

Purchase Details

Listed on
Jun 15, 2011
Closed on
Mar 12, 2013
Sold by
Mencer Raymond Luther and Mencer Martha A
Bought by
Ballard Richard F and Ballard Patricia C
Seller's Agent
Connie Stommel
EXIT 1 Stop Realty
Buyer's Agent
Mac McCord
Samson Properties
List Price
$189,900
Sold Price
$125,000
Premium/Discount to List
-$64,900
-34.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Mencer Norman W and Mencer Nora D
Bought by
Mencer Raymond Luther and Mencer Martha A
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
Froman Juanita J $193 None Available
Ballard Richard F $125,000 Olde Potowmack Title & Escro
Mencer Raymond Luther -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2013 03/12/13 Sold $125,000 -16.6% --
02/02/2013 02/02/13 Pending -- -- --
01/06/2013 01/06/13 Price Changed $149,900 -9.1% --
11/20/2012 11/20/12 Price Changed $164,900 -5.7% --
05/06/2012 05/06/12 Price Changed $174,900 -2.8% --
11/07/2011 11/07/11 Price Changed $179,900 -5.3% --
06/15/2011 06/15/11 For Sale $189,900 -- --
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 $3,064 $260,433 $0 $0
2024 $3,064 $247,667 $0 $0
2023 $2,441 $234,900 $147,600 $87,300
2022 $2,775 $229,900 $0 $0
2021 $2,626 $225,400 $0 $0
2020 $2,626 $220,900 $147,100 $73,800
2019 $2,602 $217,833 $0 $0
2018 $2,557 $214,767 $0 $0
2017 $2,553 $211,700 $0 $0
2016 -- $211,700 $0 $0
2015 $2,726 $211,700 $0 $0
2014 $2,726 $215,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004476418

Bright MLS

APN: 01-071653