$249,900
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

735 Lazy River Rd Lusby, MD 20657

Lusby Neighborhood

Estimated payment $1,669/month

Total Views 27,212
3 Beds
2 Baths
1,680 Sq Ft
$149 Price per Sq Ft

Highlights

  • Water Oriented
  • Rambler Architecture
  • Walk-In Closet
  • Deck
  • Chair Railings
  • Central Air

About This Home

This four-bedroom, two-bath rambler in Chesapeake Ranch Estates, Lusby, Maryland, offers an exciting opportunity to create your ideal home while building rapid equity. Located on a peaceful dead-end street, the home provides a quiet, private setting with minimal traffic and a convenient parking pad. The spacious finished basement includes a walkout that leads directly to the backyard, offering easy access and great potential for customization.

While the home does need some updates, it is priced accordingly to reflect the opportunity for improvement. A brand-new HVAC system is already in the basement, though it will need to be installed—an added benefit that can immediately increase the home’s value. The basement offers additional space for storage, a workshop, or the potential to finish for more living space.

A rear deck extends your living area outdoors, ideal for relaxing or entertaining. With a bit of work, this home can be transformed into a true gem.

Chesapeake Ranch Estates is a water-oriented community with access to two private beaches on Chesapeake Bay, offering the perfect setting for outdoor activities like kayaking, fishing, or simply enjoying the natural beauty of the area. This property provides a fantastic opportunity for those looking to invest in a home with great potential, build equity quickly, and make it their own. Don’t miss out on the chance to craft the home you’ve always envisioned!

Listing Agent

Danny Martin

Keller Williams Flagship License #504765

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1991

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet
  • Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Chesapeake Ranch Estates Subdivision

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 0501107232

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 1991

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-11-08
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: This four-bedroom, two-bath rambler in Chesapeake Ranch Estates, Lusby, Maryland, offers an exciting opportunity to create your ideal home while building rapid equity. Located on a peaceful dead-end street, the home provides a quiet, private setting with minimal traffic and a convenient parking pad. The spacious finished basement includes a walkout that leads directly to the backyard, offering easy access and great potential for customization. While the home does need some updates, it is priced accordingly to reflect the opportunity for improvement. A brand-new HVAC system is already in the basement, though it will need to be installed—an added benefit that can immediately increase the home’s value. The basement offers additional space for storage, a workshop, or the potential to finish for more living space. A rear deck extends your living area outdoors, ideal for relaxing or entertaining. With a bit of work, this home can be transformed into a true gem. Chesapeake Ranch Estates is a water-oriented community with access to two private beaches on Chesapeake Bay, offering the perfect setting for outdoor activities like kayaking, fishing, or simply enjoying the natural beauty of the area. This property provides a fantastic opportunity for those looking to invest in a home with great potential, build equity quickly, and make it their own. Don’t miss out on the chance to craft the home you’ve always envisioned!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Icemaker
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Pantry, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 260.31
  • Above Grade Finished Sq Ft: 960
  • Below Grade Finished Sq Ft: 720
  • Below Grade Sq Ft: 240
  • Total Below Grade Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 735

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • 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: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 465.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2860.00
  • Assessor Parcel Number: 0501107232
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,862 $227,067 $0 $0
2023 $2,281 $204,700 $55,200 $149,500
2022 $2,453 $195,100 $0 $0
2021 $4,906 $185,500 $0 $0
2020 $2,256 $175,900 $55,200 $120,700
2019 $1,845 $175,900 $55,200 $120,700
2018 $1,845 $175,900 $55,200 $120,700
2017 $2,255 $176,900 $0 $0
2016 -- $176,900 $0 $0
2015 $2,634 $176,900 $0 $0
2014 $2,634 $179,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Price Changed $249,900 0.0% $149 / Sq Ft
11/08/2024 11/08/24 For Sale $250,000 +23.2% $149 / Sq Ft
02/08/2019 02/08/19 Sold $203,000 +1.6% $121 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $199,900 -- $119 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $203,000 Buyers Title Inc
Deed -- --
Deed $185,000 --
Deed $185,000 --
Deed $164,500 --
Deed $164,500 --
Deed $245,000 --
Deed $245,000 --
Deed $184,750 --
Deed $184,750 None Available
Deed $140,500 --
Deed $101,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,000 VA
Previous Owner $186,302 FHA
Previous Owner $183,549 Purchase Money Mortgage
Previous Owner $183,549 Purchase Money Mortgage
Previous Owner $49,000 Stand Alone Second
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $166,275 Adjustable Rate Mortgage/ARM
Closed -- No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: MDCA2018042

Bright MLS

APN: 01-107232