12990 Monticello Drive Lusby, MD ^$ 395,000

12990 Monticello Drive

^$ 395,000

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12990 Monticello Drive

Lusby, MD, 20657

^$ 395,000

Studio Baths0.0 Sq 2,780

Monthly Estimate*

^$ 2,625

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Studio

Commercial Property for sale in Lusby, MD

for $395,000. This 2,780 square foot building was built in 1969 on a lot size of 1.39.

** 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!

Commercial Active

Price

^$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,694

Style

Day Care Facility

Lot Size

1.39

Year Built

1969

Town/City

Lusby

County/Region

Calvert

MLS | Web ID

MDCA2014804

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Street Suffix DRIVE

Central Air Y/N Y

General

Sewer Private Septic Tank

Heating Forced Air

Cooling Central A/C

Possession Settlement

Zoning TC

Construction Materials Brick

Year Built 1969

Property SubType Special Purpose

Tax Year 2024

Current Use Senior Assisted/Day Care School Other

Cool Fuel Electric

Business Type Day Care Facility Other

Accessibility Ramp - Main Level Other

County CALVERT

New Construction N

Property Type Business Opportunity

Water Access Y/N N

Status ACTIVE

Directions Merge onto I-695 S 3.4 mi Keep left at the fork to continue on I-97 S 17.5 mi Take the US-50 E/US-301 N exit on the left toward Annapolis/Bay Brg 0.8 mi Keep right to continue on Exit 22 follow signs

City LUSBY

Buyer Agent Compensation 2.5

Lot Size Square Feet 60548.00

Waterfront Y/N N

Street Name MONTICELLO

Tax Annual Amount 3694.0

Price Per Sq Ft 142.09

Vacation Rental Y/N N

Days on Market 56

Standard Status Active

Year Built Source Assessor

Tax Lot 1

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Well

Type of Parking Driveway

Water View Y/N N

Building Area Total 2780.00

Lot Size Acres 1.39

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 125300.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 12990

* Excluded Features

List By

Exp Realty, Llc

Broker

bgordon@comcast.net

Affordability Calculator

$2,933

Per Month

Monthly Principal & Interest: $2,625
Monthly Property Taxes: $308
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lusby, MD

Average List Price ^$519,169

Percent of Sale Price 31%

About Lusby, MD

2,003 Population

14% Since 2002

^$80,299 Median Income

37.99 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/14/2024	$395,000		Listed Price

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12990 Monticello Drive, Lusby, MD, 20657 is a Commercial Property for sale at $395,000 with 2,780 sqft and a lot size of 1.39. 12990 Monticello Drive is a studio with 0.0 baths and was built in 1969. The property's zip code is 20657 which is in Lusby, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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12990 Monticello Drive

Commercial Property for sale in Lusby, MD

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