tomo logo

$475,000

Beds
4
Baths
2.5
sq ft
1,660

12990 Monticello Dr, Lusby, MD 20657

12990 Monticello Dr

LUSBY, MD 20657

  • 59 days on market
** License allows a capacity of 37 children.** Former single family residence, converted and expanded in 2015 to daycare/educational use under a special exception. Can easily be converted back to full residential use if so desired! Located on 1.4 acres in beautiful Southern Maryland just a few minutes away from Historic Solomons Island, the Chesapeake Bay and the Patuxent River. Daycare is currently in operation and included with the purchase if so desired! Building consists of four classrooms, a full kitchen, four bathrooms (one in each classroom) and a full unfinished basement with toilet and shower. Recent improvements include a new roof in 2020, new well and Nitrogen septic system($27K) conforming to Critical Regulations/Bay Restoration Fund. New central heat pump/AC. The property has above average site quality, location and access and ample parking. The options for this rarely available property and location are endless in this highly sought after Southern Maryland Region!

Details

Property type

Single Family Residence

Est. home value

$428,586

Lot size

1.39 acres

Price per sq ft

$287

Year built

1969

Annual property taxes

$316,100

HOA

No

Price History

09/27/2024
Bright

Bright #MDCA2017902

Listed
$475,000
+20.25%
07/16/2024
Bright

Bright #MDCA2014956

Removed
$395,000
03/14/2024
Bright

Bright #MDCA2014956

Listed
$395,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CALVERT COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wesbanco Bank Inc

Loan start date

June 2022

Original loan amount

$296,000

Est. remaining balance

Not provided

Interest rate

3.96%

Loan type

Commercial

Seller

The Bay Kids Llc

Lender

Community Bank Of The Chesapeake

Loan start date

June 2014

Original loan amount

$415,000

Est. remaining balance

Not provided

Interest rate

4.29%

Loan type

Future Advance Clause / Open End Mortgage

Seller

The Bay Kids Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 8:40 AM

Listing updated: 10/16/2024 at 1:59 PM

Listed by: Bruce M Gordon, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDCA2017902

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