NOT LISTED FOR SALE

988 Golden Way W Lusby, MD 20657

Estimated Value: $317,000 - $390,000

3 Beds
2 Baths
1,112 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $290,000 $261 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,118/month

4 Days on Market

Highlights

  • Rambler Architecture
  • Central Air
  • Heat Pump System
  • More Than Two Accessible Exits
  • Ceiling Fan

About This Home

As of March 2022

Fully Renovated 3 Bedroom | 2 Bathroom Rambler that is sure to stun the pickiest buyer! New LVL flooring, fresh paint, updated kitchen, vaulted ceilings, remodeled bathrooms and more! Enjoy your new spacious corner lot with large flat yard, new deck, and tons of parking! Perfect for hosting friends, parties, bbqs and bonfires. Stunning primary suite with spacious closet, gorgeous, ensuite, and private wooded views. Set on the sandy shores of the Chesapeake, and featuring a private community lake, CRE features numerous community amenities and features. Convenient to shopping, dining, boardwalks, parks, entertainment, movie theaters, PAX Naval air, and the resort town of Solomons Island. If you're looking for move in ready... You have found it!

Last Agent to Sell the Property

Pattee McInerney Scott McInerney

(301) 717-5418 pattee@patteemac.com RE/MAX One License #654083 Listed on: 03/08/2022

RE/MAX One

Last Buyer's Agent

Mike Benton

(410) 610-5614 themikebentonteam@gmail.com Home Towne Real Estate

Home Towne Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1993

Lot Details

  • 0.33

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • 0.33 Acre Lot

Community Details

  • Chesapeake Ranch Estates Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 0501200585

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 1993

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-09
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1112
  • Living Area Sq Ft: 1112
  • Price Per Sq Ft: 260.79
  • Above Grade Finished Sq Ft: 1112
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 104800.00
  • Land Assessed Value: 55200.00
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14374.80
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14975969
  • Tax Annual Amount: 2143.00
  • Assessor Parcel Number: 0501200585
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 31, 2022
Sold by
Anthony Wallach
Bought by
Knudsen Donald W
Seller's Agent
Pattee McInerney Scott McInerney
RE/MAX One
Buyer's Agent
Mike Benton
Home Towne Real Estate
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$347,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,795
Avg. Annual Appreciation
5.05%
Original Mortgage
$292,929
Outstanding Balance
$276,340
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$71,455

Purchase Details

Closed on
Nov 4, 2021
Sold by
Ocasio Miguel Angel
Bought by
Wallach Anthony and Wallach Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jan 16, 2015
Sold by
Wells Fargo Bank Na
Bought by
Ocasio Miguel Angel
Seller's Agent
Pennie Platt
Home Towne Real Estate
Buyer's Agent
Connie Stommel
EXIT 1 Stop Realty
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$140,816
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2014
Closed on
Dec 15, 2014
Sold by
Mowner Kimberly A and Case #04C13001062
Bought by
Wells Fargo Bank Na
Seller's Agent
Pennie Platt
Home Towne Real Estate
Buyer's Agent
Connie Stommel
EXIT 1 Stop Realty
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,816
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1993
Sold by
Miller & Sons Inc H W
Bought by
Mowrer James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.78%

Purchase Details

Closed on
Jan 5, 1993
Sold by
Maxwelton Inc
Bought by
H W Miller & Sons Inc

Purchase Details

Closed on
Sep 19, 1990
Sold by
O'Neill Jeffrey M and O'Neill Sharon L
Bought by
Maxwelton Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knudsen Donald W $290,000 Velocity National Title
Wallach Anthony $220,000 None Available
Wallach Anthony $220,000 None Listed On Document
Ocasio Miguel Angel $135,000 Chicago Title Insurance Co
Wells Fargo Bank Na $110,405 None Available
Mowrer James K $87,400 --
H W Miller & Sons Inc $9,500 --
Maxwelton Inc $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knudsen Donald W $292,929
Previous Owner Wallach Anthony $198,000
Previous Owner Ocasio Miguel Angel $140,816
Previous Owner Mowrer James K $69,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $290,000 0.0% $261 / Sq Ft
03/14/2022 03/14/22 Price Changed $290,000 +1.8% $261 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $285,000 +111.1% $256 / Sq Ft
01/23/2015 01/23/15 Sold $135,000 +3.9% $107 / Sq Ft View Prior Sale
12/04/2014 12/04/14 Pending -- -- --
11/07/2014 11/07/14 Price Changed $129,900 -18.8% $103 / Sq Ft
10/11/2014 10/11/14 For Sale $159,900 +18.4% $126 / Sq Ft
10/08/2014 10/08/14 Off Market $135,000 -- --
10/07/2014 10/07/14 For Sale $159,900 -- $126 / 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 $3,028 $240,133 $0 $0
2024 $2,701 $210,267 $0 $0
2023 $2,028 $180,400 $55,200 $125,200
2022 $2,230 $173,600 $0 $0
2021 $4,459 $166,800 $0 $0
2020 $2,090 $160,000 $55,200 $104,800
2019 $1,626 $154,967 $0 $0
2018 $1,573 $149,933 $0 $0
2017 $1,915 $144,900 $0 $0
2016 -- $144,900 $0 $0
2015 $2,372 $144,900 $0 $0
2014 $2,372 $146,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA2003964

Bright MLS

APN: 01-200585