NOT LISTED FOR SALE

738 Lazy River Rd Lusby, MD 20657

Estimated Value: $349,000 - $406,000

4 Beds
2 Baths
1,404 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $260,000 $185 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,307/month

7 Days on Market

About This Home

As of April 2020

Large 3 level Remodeled Cape Cod. Open floor plan. 2 bedrooms and full bath on main level. Hardwood floors on main level. 2 Large Bedrooms and full bath on upper level. Large unfinished basement with roughed in bathroom. NEW HVAC, All New Kitchen with granite counter tops and SS appliances, New flooring, New paint. Home Warranty! Chesapeake Ranch Estates has 2 private sandy beaches on the Chesapeake Bay; a large man-made freshwater lake for swimming, fishing and sailing; a private airpark, a wooded campground; horseshoe pits; hiking trails; a field of private garden plots; and an athletic field. CRE has an exclusive roving Security Force, in addition to a Roads Department that maintains roads and snow removal. Shopping for groceries and other daily needs can be accomplished in the brand new Lusby Town Center, just one mile away. The Lusby Town Center features a wide selection of fine restaurants, banking centers, the Lusby Post Office, and many shops for personal services. Visitors will find world class hotels including Holiday Inn Select, Hilton Garden Inn, and a Comfort Inn just four miles away near Solomons Island, a major tourist haven and yachting center. The dining cuisine includes not only the local specialty Maryland seafood such as crab cakes and oysters. Excellent schools are plentiful and close by.

Last Agent to Sell the Property

Stephen Horak

Home Towne Real Estate Listed on: 03/13/2020

Home Towne Real Estate

Last Buyer's Agent

Heather Lewis

Keller Williams Three Bridges

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1994

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Chesapeake Ranch Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 154
  • Assessor Parcel Number 0501122665

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 1994

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-03-13
  • Year Built: 1994
  • Remarks Public: Large 3 level Remodeled Cape Cod. Open floor plan. 2 bedrooms and full bath on main level. Hardwood floors on main level. 2 Large Bedrooms and full bath on upper level. Large unfinished basement with roughed in bathroom. NEW HVAC, All New Kitchen with granite counter tops and SS appliances, New flooring, New paint. Home Warranty! Chesapeake Ranch Estates has 2 private sandy beaches on the Chesapeake Bay; a large man-made freshwater lake for swimming, fishing and sailing; a private airpark, a wooded campground; horseshoe pits; hiking trails; a field of private garden plots; and an athletic field. CRE has an exclusive roving Security Force, in addition to a Roads Department that maintains roads and snow removal. Shopping for groceries and other daily needs can be accomplished in the brand new Lusby Town Center, just one mile away. The Lusby Town Center features a wide selection of fine restaurants, banking centers, the Lusby Post Office, and many shops for personal services. Visitors will find world class hotels including Holiday Inn Select, Hilton Garden Inn, and a Comfort Inn just four miles away near Solomons Island, a major tourist haven and yachting center. The dining cuisine includes not only the local specialty Maryland seafood such as crab cakes and oysters. Excellent schools are plentiful and close by.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 185.11
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 738

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 350.00
  • 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: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 498.00
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143700.00
  • Land Assessed Value: 55200.00
  • Land Use Code: 010
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2020
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14945784
  • Tax Annual Amount: 2456.00
  • Assessor Parcel Number: 0501122665
  • Tax Lot: 154
  • Tax Total Finished Sq Ft: 1404
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/17/2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 17, 2020
Sold by
S & A Horak Properties Llc
Bought by
Hall Rhonda D and Hall Levern Nelson
Seller's Agent
Stephen Horak
Home Towne Real Estate
Buyer's Agent
Heather Lewis
Keller Williams Three Bridges
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$366,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,649
Avg. Annual Appreciation
6.66%
Original Mortgage
$255,290
Outstanding Balance
$228,039
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$138,610

Purchase Details

Listed on
Nov 17, 2019
Closed on
Dec 16, 2019
Sold by
Branch Banking And Trust Company
Bought by
S & A Horak Properties Llc
Seller's Agent
Bill Harris
Coldwell Banker Jay Lilly Real Estate
Buyer's Agent
Bill Harris
Coldwell Banker Jay Lilly Real Estate
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
370.19%
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Nov 17, 2019
Closed on
Oct 23, 2019
Sold by
Polk Robert E
Bought by
Branch Banking & Trust Company
Seller's Agent
Bill Harris
Coldwell Banker Jay Lilly Real Estate
Buyer's Agent
Bill Harris
Coldwell Banker Jay Lilly Real Estate
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 12, 2010
Sold by
Jazak Eric James
Bought by
Polk Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,061
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Jazak Eric J and Jazak Kimberly K
Bought by
Jazak Eric James

Purchase Details

Closed on
Feb 6, 2004
Sold by
O'Brien Michael Joseph
Bought by
Jazak Eric J and Jazak Kimberly K

Purchase Details

Closed on
Apr 3, 2000
Sold by
Secretary Of Veteran Affairs
Bought by
O'Brien Michael Joseph

Purchase Details

Closed on
Feb 25, 2000
Sold by
Zelinsky David John and Zelinsky Michelle K
Bought by
Secretary Of Veteran Affairs

Purchase Details

Closed on
Jun 28, 1994
Sold by
Miller & Sons Inc H W
Bought by
Zelinsky David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,014
Interest Rate
8.74%
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
Hall Rhonda D $260,000 Universal Title
S & A Horak Properties Llc $156,000 Advantage Title Company
Branch Banking & Trust Company $169,400 None Available
Polk Robert $248,000 --
Jazak Eric James -- --
Jazak Eric J $189,900 --
O'Brien Michael Joseph $107,400 --
Secretary Of Veteran Affairs $97,082 --
Zelinsky David J $115,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Rhonda D $9,461
Open Hall Rhonda D $255,290
Previous Owner S & A Horak Properties Llc $200,000
Previous Owner Polk Robert E $253,061
Previous Owner Jazak Eric James $20,000
Previous Owner Zelinsky David J $118,014
Closed Polk Robert --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $260,000 0.0% $185 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $259,900 +66.6% $185 / Sq Ft
12/20/2019 12/20/19 Sold $156,000 -5.5% $111 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/17/2019 11/17/19 For Sale $165,000 0.0% $118 / Sq Ft
09/01/2016 09/01/16 Rented $1,600 0.0% --
08/10/2016 08/10/16 Under Contract -- -- --
07/24/2016 07/24/16 For Rent $1,600 -- --
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 $3,092 $275,167 $0 $0
2024 $3,092 $249,633 $0 $0
2023 $2,482 $224,100 $55,200 $168,900
2022 $2,667 $215,700 $0 $0
2021 $5,334 $207,300 $0 $0
2020 $2,497 $198,900 $55,200 $143,700
2019 $2,046 $195,067 $0 $0
2018 $2,006 $191,233 $0 $0
2017 $2,367 $187,400 $0 $0
2016 -- $187,400 $0 $0
2015 $2,798 $187,400 $0 $0
2014 $2,798 $189,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA175056

Bright MLS

APN: 01-122665