NOT LISTED FOR SALE

1015 Paradise Point Rd Oakland, MD 21550

Estimated Value: $817,000 - $937,000

4 Beds
5 Baths
2,890 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $425,000 $147 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,203/month

310 Days on Market

Highlights

  • Water Views
  • Private Beach
  • Spa
  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of May 2018

This lake access home offers 3 levels of living and 3 fireplaces. Offering four bedrooms, three of which are masters, hardwood floors, filtered lakeviews and an open floor plan. The great room is impressive with a rounded glass front and a stone fireplace. The outdoor area is beautiful with a stone patio, firepit and a hot tub. Established vacation rental *Windsor House".

Last Agent to Sell the Property

Betsy Spiker Holcomb

Taylor Made Deep Creek Vacations & Sales License #518606 Listed on: 05/25/2017

Last Buyer's Agent

Amy Zimmerman

1 Real Estate Source LLC License #640822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 2006

Lot Details

  • 0.92 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Cleared Lot
  • The property's topography is moderate slope
  • Property is in very good condition

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Walls
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • 3 Fireplaces
  • Sliding Doors
  • Six Panel Doors
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Sail
  • Limited Hours Of Personal Watercraft Operation
  • Swim Only
  • Swimming Allowed
  • Lake Privileges
  • Deck
  • Screened Patio

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1218035782

Community Details

Overview

  • Association fees include road maintenance, snow removal
  • Paradise Point Community
  • Paradise Point Subdivision

Amenities

  • Common Area

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,771

Year Built

Built in 2006

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Remarks Public: This lake access home offers 3 levels of living and 3 fireplaces. Offering four bedrooms, three of which are masters, hardwood floors, filtered lakeviews and an open floor plan. The great room is impressive with a rounded glass front and a stone fireplace. The outdoor area is beautiful with a stone patio, firepit and a hot tub. Established vacation rental *Windsor House".
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Refrigerator, Oven/Range - Electric, Dryer, Washer
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Primary Bath(s), Wet/Dry Bar, Wood Floors, Floor Plan - Open
  • Fireplace Features: Equipment
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall, Wood Walls, Cathedral Ceilings
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room, Great Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2890
  • Living Area Sq Ft: 2890
  • Price Per Sq Ft: 259.26
  • Above Grade Finished Sq Ft: 1728
  • Below Grade Finished Sq Ft: 1162
  • Total Below Grade Sq Ft: 1162
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1015

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Dock Type: Swim Only
  • Exterior Features: Hot Tub, Private Beach
  • Pool Private: No
  • Roof: Asphalt
  • View: Mountain, Water
  • View: Yes
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Swimming Allowed, Waterski/Wakeboard, Limited Hours Of Personal Watercraft Operation (PWC), Boat - Powered, Sail
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 486.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • School District Key: 121139907558
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Improvement Assessed Value: 264400.00
  • Land Assessed Value: 68700.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.92
  • Lot Size Area: 39957
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39957.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Moderate Slope
  • Year Assessed: 2017
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15659998
  • Tax Annual Amount: 3771.04
  • Assessor Parcel Number: 1218035782
  • Tax Lot: 1
  • Tax Page Number: 268
  • Tax Total Finished Sq Ft: 1728
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/11/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Alvarez Peter James and Mcgroder Sharon M
Bought by
Alvarez Peter J and Mcgroder Sharon M
Current Estimated Value
$847,777

Purchase Details

Listed on
May 25, 2017
Closed on
May 11, 2018
Sold by
Joan Vipa Partners Llp
Bought by
Alvarez Peter James and Mcgroder Sharon M
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Amy Zimmerman
1 Real Estate Source LLC
List Price
$470,000
Sold Price
$425,000
Premium/Discount to List
-$45,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$295,000
Outstanding Balance
$176,378
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$644,493

Purchase Details

Listed on
Nov 15, 2009
Closed on
Feb 1, 2012
Sold by
Murray Ian and Murray Sue
Bought by
Joan Vipa Partners Llp
Seller's Agent
Debra Savage
Railey Realty, Inc.
Buyer's Agent
Vicki Taylor
Taylor Made Deep Creek Vacations & Sales
List Price
$599,000
Sold Price
$384,000
Premium/Discount to List
-$215,000
-35.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Sep 18, 2006
Sold by
Edwards Richard E and Edwards Bonnie G
Bought by
Murray Ian and Murray Sue

Purchase Details

Closed on
Sep 15, 2006
Sold by
Edwards Richard E and Edwards Bonnie G
Bought by
Murray Ian and Murray Sue

Purchase Details

Closed on
Dec 13, 2005
Sold by
Pittsburgh Partners Llp
Bought by
Edwards Richard E and Edwards Bonnie G

Purchase Details

Closed on
Jan 3, 2003
Sold by
Green Lloyd L
Bought by
Pittsburgh Partners Llp
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
Alvarez Peter J -- None Available
Alvarez Peter James $425,000 Deep Creek Titel Group
Joan Vipa Partners Llp $384,000 Champion Title & Settlements
Murray Ian $465,000 --
Murray Ian $465,000 --
Edwards Richard E $90,000 --
Pittsburgh Partners Llp $19,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Peter James $295,000
Closed Murray Ian --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $425,000 -5.1% $147 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
10/21/2017 10/21/17 Price Changed $448,000 -4.7% $155 / Sq Ft
05/25/2017 05/25/17 For Sale $470,000 +22.4% $163 / Sq Ft
02/01/2012 02/01/12 Sold $384,000 -35.9% $128 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
11/15/2009 11/15/09 For Sale $599,000 -- $200 / 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 $6,932 $609,700 $120,000 $489,700
2024 $6,163 $525,100 $0 $0
2023 $5,175 $440,500 $0 $0
2022 $4,187 $355,900 $74,700 $281,200
2021 $4,051 $344,300 $0 $0
2020 $3,986 $338,700 $0 $0
2019 $3,921 $333,100 $68,700 $264,400
2018 $16 $333,100 $68,700 $264,400
2017 $3,784 $333,100 $0 $0
2016 -- $342,200 $0 $0
2015 -- $342,200 $0 $0
2014 -- $342,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000109799

Bright MLS

APN: 18-035782