Seller's Agent in 2024
Jon Bell
Railey Realty, Inc.
(301) 501-0735
159 in this area
636 Total Sales
100 Silver Tree Ln Oakland, MD 21550
Estimated Value: $1,678,550 - $1,815,000
8
Beds
6.5
Baths
3,574
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Spa
- Lake View
- 1 Dock Slip
- Fishing Allowed
- Open Floorplan
About This Home
As of August 2024Prodigious Waterfront Lodge at Deep Creek Lake – This Paradigmatic 8 Bedroom 6.5 Bath lake side property is located at Silver Tree Landing, tucked away on the private Arrowhead Cove. Recently reimagined with fresh coats of interior and exterior paint, 3Ton Samsung Heat Pump for the lower level, several new bedroom sets and all new mattresses, freshly stained deck with 2 new Grills and tons of stylish furniture and decor throughout! Main level primary suite that walks out to the sprawling back deck with scenic views of Deep Creek Lake. Spacious loft connecting 3 more Ensuites, overlooking the two-story stacked stone fireplace in the great room. Floor to ceiling glass to let in the abundant natural light. Fully loaded modern kitchen with granite tops, built in coffee bar and twice the stainless appliances to accommodate all your culinary needs. Fully finished walk-out basement with 4 more bedrooms, 2Baths and a second living space equipped with a wet bar and shiny new pool table. Home is being sold "turn-key", fully furnished. Outdoor living space features covered private hot tub and generous outdoor seating. Enjoy the cool summer nights by the lake around the built in open-air firepit. Located right next door to Dutch’s at Silver Tree, The Harbor Bar and Silver Tree Marina. Directly adjoining the picturesque lake access with Community dock slip included! Grossing over $163,000 in rental income last year, “The Lakehouse” is a well-established vacation rental that exemplifies Lake Front Living at its finest... Call today for your private showing!
Last Agent to Sell the Property
(301) 387-2000 jbell@railey.com Railey Realty, Inc. Listed on: 05/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,615
Year Built
- Built in 2003
Lot Details
- 0.41 Acre Lot
- 75 Feet of Waterfront
- Home fronts navigable water
- Property is zoned LR
HOA Fees
- $145 Monthly HOA Fees
Parking
- Driveway
Home Design
- Contemporary Architecture
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Window Treatments
- Family Room
- Sitting Room
- Living Room
- Dining Room
- Carpet
- Lake Views
Kitchen
- Stove
- Built-In Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Connecting Stairway
Outdoor Features
- Spa
- Canoe or Kayak Water Access
- Property is near a lake
- Physical Dock Slip Conveys
- 1 Dock Slip
- Shared Waterfront
- Powered Boats Permitted
- Storage Shed
Schools
- Southern Middle School
- Southern Garrett High School
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Leased Propane
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 3
- Assessor Parcel Number 1218071584
Community Details
Overview
- Silver Tree Landing Subdivision
Recreation
- 1 Community Docks
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Aug 1, 2024
Sold by
793 Marsh Hill Rd Llc
Bought by
Perry Stephens S and Moreno-Perry Rosa M
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$1,790,000
Sold Price
$1,700,000
Premium/Discount to List
-$90,000
-5.03%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,888
Avg. Annual Appreciation
1.01%
Original Mortgage
$500,000
Outstanding Balance
$482,623
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$1,245,265
Purchase Details
Listed on
Sep 16, 2022
Closed on
Oct 17, 2022
Sold by
Ferns Richard P and Ferns Kristen M
Bought by
793 Marsh Hill Rd Llc
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Mike Fenton
Railey Realty, Inc.
List Price
$1,399,900
Sold Price
$1,475,000
Premium/Discount to List
$75,100
5.36%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$1,106,250
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 22, 2019
Closed on
Feb 21, 2020
Sold by
Sharkey David J and Sharkey Lisa G
Bought by
Ferns Richard P and Ferns Kristen M
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$989,900
Sold Price
$950,000
Premium/Discount to List
-$39,900
-4.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%
Original Mortgage
$807,500
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2005
Sold by
Gerlach Helmut E
Bought by
Sharkey David J and Sharkey Lisa G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 12, 2005
Sold by
Gerlach Helmut E
Bought by
Sharkey David J and Sharkey Lisa G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 12, 2003
Sold by
Diversified Building Contractors
Bought by
Gerlach Helmut E
Purchase Details
Closed on
Oct 11, 2002
Sold by
Dcl Properties Llc
Bought by
Diversified Building Contractors
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perry Stephens S | $1,700,000 | Deep Creek Title | |
| 793 Marsh Hill Rd Llc | $1,475,000 | -- | |
| Ferns Richard P | $950,000 | Deep Creek Title Group | |
| Sharkey David J | $962,500 | -- | |
| Sharkey David J | $962,500 | -- | |
| Gerlach Helmut E | $825,000 | -- | |
| Diversified Building Contractors | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perry Stephens S | $500,000 | |
| Previous Owner | 793 Marsh Hill Rd Llc | $1,106,250 | |
| Previous Owner | Ferns Richard P | $807,500 | |
| Previous Owner | Sharkey David J | $116,250 | |
| Previous Owner | Sharkey David J | $116,250 | |
| Closed | Diversified Building Contractors | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $1,700,000 | -5.0% | $476 / Sq Ft | |
| 06/15/2024 06/15/24 | Pending | -- | -- | -- | |
| 05/10/2024 05/10/24 | For Sale | $1,790,000 | +21.4% | $501 / Sq Ft | |
| 10/25/2022 10/25/22 | Sold | $1,475,000 | +5.4% | $393 / Sq Ft | View Prior Sale |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- | |
| 09/16/2022 09/16/22 | For Sale | $1,399,900 | +47.4% | $373 / Sq Ft | |
| 02/24/2020 02/24/20 | Sold | $950,000 | -4.0% | $253 / Sq Ft | View Prior Sale |
| 12/30/2019 12/30/19 | Pending | -- | -- | -- | |
| 11/22/2019 11/22/19 | For Sale | $989,900 | -- | $264 / Sq Ft |
Source: Bright MLS
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 | $18,830 | $1,468,800 | $434,100 | $1,034,700 |
| 2024 | $16,356 | $1,231,633 | $0 | $0 |
| 2023 | $13,306 | $994,467 | $0 | $0 |
| 2022 | $10,208 | $757,300 | $377,900 | $379,400 |
| 2020 | $10,117 | $744,967 | $0 | $0 |
| 2019 | $10,033 | $738,800 | $377,900 | $360,900 |
| 2018 | $9,545 | $738,800 | $377,900 | $360,900 |
| 2017 | $10,545 | $738,800 | $0 | $0 |
| 2016 | -- | $745,000 | $0 | $0 |
| 2015 | -- | $745,000 | $0 | $0 |
| 2014 | -- | $745,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Bell
-
Mike Kennedy
Buyer's Agent in 2024
Mike Kennedy
Railey Realty, Inc.
(301) 616-6106
56 in this area
235 Total Sales
-
Mike Fenton
Buyer's Agent in 2022
Mike Fenton
Railey Realty, Inc.
(484) 716-7228
45 in this area
197 Total Sales
Map
Source: Bright MLS
MLS Number: MDGA2007202
APN: 18-071584
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