NOT LISTED FOR SALE

703 Lobo Ct Lusby, MD 20657

Estimated Value: $371,000 - $425,000

3 Beds
2.5 Baths
2,388 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $270,000 $113 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,433/month

47 Days on Market

Highlights

  • Beach
  • Water Access
  • Colonial Architecture
  • Home fronts navigable water
  • Lake Privileges
  • Community Lake

About This Home

As of March 2020

Great Deal for the Holidays! Warm up in your new home sipping hot cocoa while watching your favorite Hallmark movie. Memories are waiting to be made in this lovely home. This spacious 3 level colonial has been recently updated throughout. Attached 2-car garage, freshly painted with new carpet. Straight down the hall way leads you to the updated kitchen with new cabinets and appliances, and huge pantry. Kitchen opens to family room making entertaining a breeze. Upper level features 3 bedrooms including master suite. Lower level finished on one side. Deck in the back of the home and wooded for privacy. Enjoy all of the Chesapeake Bay waterfront amenities that this home has to offer including three sandy beaches! Close to shopping, restaurants and easy commute to PAX!

Last Agent to Sell the Property

JT Greenwell

(410) 271-4945 jt.greenwell@c21nm.com CENTURY 21 New Millennium License #665560 Listed on: 12/07/2019

CENTURY 21 New Millennium

Last Buyer's Agent

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367

The Agency DC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1996 | Remodeled in 2019

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Siding
  • Rough-In Plumbing

Interior Spaces

  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Partially Finished Basement

  • Garage Access
  • Side Basement Entry

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Schools

  • Mill Creek Middle School
  • Patuxent High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 0501150677

Community Details

Overview

  • Chesapeake Ranch Estates Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Beach
  • Baseball Field
  • Community Basketball Court
  • Volleyball Courts
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,796

Year Built

Built in 1996 | Remodeled in 2019

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1996
  • Year Renovated: 2019
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance, Garage Access, Partially Finished, Poured Concrete
  • Total Sq Ft: 3132
  • Living Area Sq Ft: 2388
  • Price Per Sq Ft: 129.31
  • Above Grade Finished Sq Ft: 2088
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 744
  • Total Below Grade Sq Ft: 1044
  • 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: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Rough-In Plumbing
  • 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: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Basement Garage, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Utilities: Phone
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 498.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Bike Trail, Water/Lake Privileges, Volleyball Courts, Jog/Walk Path, Club House, Common Grounds, Lake
  • HOA: Yes
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PATUXENT
  • Middle Or Junior School: MILL CREEK

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10800.00
  • Property Condition: Very Good
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2796.00
  • Assessor Parcel Number: 0501150677
  • Tax Year: 2019

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Mar 23, 2020
Sold by
White James A and Taylor Latonia D
Bought by
Graham Lastenia Elliott
Seller's Agent
JT Greenwell
CENTURY 21 New Millennium
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$397,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,661
Avg. Annual Appreciation
6.92%
Original Mortgage
$265,109
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2008
Sold by
Scott Eric and Scott Am
Bought by
White James A and White Latonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,687
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2005
Sold by
Waters Isaac G
Bought by
Scott Eric and Scott Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Wates Isaac G and Baker Wates Vanesa P
Bought by
Scott Eric and Scott Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1996
Sold by
Bison Corporation
Bought by
Waters Isaac G and Baker Waters Vanessa P

Purchase Details

Closed on
Sep 13, 1995
Sold by
Jones Cr
Bought by
Bison Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Graham Lastenia Elliott $270,000 Covenant Title & Escrow Llc
White James A $295,000 --
Scott Eric $305,000 --
Scott Eric $305,000 Bridgeview Title Llc
Waters Isaac G $140,705 --
Bison Corp $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Lastenia Elliott $265,109
Previous Owner White James A $292,687
Previous Owner Scott Eric $244,000
Previous Owner Scott Eric $61,000
Previous Owner Bison Corp $6,500
Closed Waters Isaac G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $270,000 0.0% $113 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
12/07/2019 12/07/19 For Sale $270,000 -- $113 / 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 $3,762 $309,233 $0 $0
2024 $3,455 $281,967 $0 $0
2023 $2,800 $254,700 $55,200 $199,500
2022 $2,992 $246,933 $0 $0
2021 $5,983 $239,167 $0 $0
2020 $2,836 $231,400 $55,200 $176,200
2019 $2,407 $229,467 $0 $0
2018 $2,387 $227,533 $0 $0
2017 $2,773 $225,600 $0 $0
2016 -- $225,600 $0 $0
2015 $3,111 $225,600 $0 $0
2014 $3,111 $228,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA173602

Bright MLS

APN: 01-150677