NOT LISTED FOR SALE

1020 Thousand Acres Rd Swanton, MD 21561

Estimated Value: $1,110,000 - $1,955,000

5 Beds
3 Baths
2,400 Sq Ft
$663/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $1,750,000 $729 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $9,508/month

13 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Spa
  • Chalet
  • Private Dock Site
  • Water Oriented
  • Deck

About This Home

As of May 2024

Lakefront chalet home in a peaceful cove with sunset views! This 5 bedroom 3 bath, 2 fireplace lakefront retreat has been updated and offers plenty of indoor and outdoor living spaces. Located on the non commercial southern end of the lake and within a few hundred yards of the incredible Thousand Acres Golf Course, now with 18 holes. Perfect for all water activities including sailing and kayaking. Includes dock, storage buildings etc.DISCLOSURE: RAILEY REALTY IS NOT THE CARETAKER OF PROPERTIES LISTED BY IT. DURING INCLEMENT WEATHER CONDITIONS, PROSPECTIVE PURCHASERS AND THEIR AGENTS ASSUME ALL LIABILITY ASSOCIATED WITH OR BY WEATHER AT THE PROPERTY.

Last Agent to Sell the Property

Bill Weissgerber

(301) 616-4141 billw@railey.com Railey Realty, Inc. Listed on: 03/29/2024

Railey Realty, Inc.

Last Buyer's Agent

Lauren McCann

(412) 266-4558 lmccann@railey.com Railey Realty, Inc. License #5002093

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,582

Year Built

  • Built in 1979 | Remodeled in 2015

Lot Details

  • 0.56 Acre Lot
  • 100 Feet of Waterfront
  • West Facing Home
  • Extensive Hardscape
  • Premium Lot
  • Level Lot
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned LR

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Chalet
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Beamed Ceilings
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Spa
  • Water Oriented
  • Property is near a lake
  • Private Dock Site
  • Deck
  • Outbuilding
  • Wrap Around Porch

Schools

  • Broadford Elementary School
  • Southern Middle School
  • Southern Garrett High School

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include road maintenance
  • Thousand Acres HOA
  • Built by Gnegy
  • Thousand Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1218005859

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,582

Year Built

Built in 1979 | Remodeled in 2015

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Appliances, dock
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1979
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Lakefront chalet home in a peaceful cove with sunset views! This 5 bedroom 3 bath, 2 fireplace lakefront retreat has been updated and offers plenty of indoor and outdoor living spaces. Located on the non commercial southern end of the lake and within a few hundred yards of the incredible Thousand Acres Golf Course, now with 18 holes. Perfect for all water activities including sailing and kayaking. Includes dock, storage buildings etc. DISCLOSURE: RAILEY REALTY IS NOT THE CARETAKER OF PROPERTIES LISTED BY IT. DURING INCLEMENT WEATHER CONDITIONS, PROSPECTIVE PURCHASERS AND THEIR AGENTS ASSUME ALL LIABILITY ASSOCIATED WITH OR BY WEATHER AT THE PROPERTY.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Entry Level Bedroom, Exposed Beams, Tub Shower
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings
  • Foundation Details: Block, Slab
  • Levels Count: 3
  • Room Count: 14
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Bedroom 1, Laundry, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Basement Finished Percent: 100.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 1243.06
  • Above Grade Finished Sq Ft: 1440
  • Below Grade Finished Sq Ft: 960
  • Total Below Grade Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1020

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Hot Tub, Outbuilding(s), Extensive Hardscape
  • Road Surface Type: Tar And Chip
  • Roof: Asphalt
  • View: Water, Scenic Vista, Trees/Woods
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Crushed Stone
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv, Electric Available
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA Name: THOUSAND ACRES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: BROADFORD
  • Middle School: SOUTHERN MIDDLE
  • High School: SOUTHERN GARRETT HIGH
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139907558
  • School District Source: Listing Agent
  • Elementary School: BROADFORD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Trees/Wooded, Road Frontage, Premium, Level
  • Lot Size Acres: 0.56
  • Lot Dimensions: 24279
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24279.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: LR
  • Zoning Description: Residential Only
  • In City Limits: No

Building Info

  • Builder Name: Gnegy

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Multi Family

  • Waterfront Features: Private Dock Site

Tax Info

  • Tax Annual Amount: 9582.00
  • Assessor Parcel Number: 1218005859
  • Tax Year: 2023
  • Close Date: 05/17/2024

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 14, 2024
Sold by
Smith Wayne B and Smith Ellen L
Bought by
Epler Alan John and Epler Melissa Petteway
Seller's Agent
Bill Weissgerber
Railey Realty, Inc.
Buyer's Agent
Lauren McCann
Railey Realty, Inc.
List Price
$1,790,000
Sold Price
$1,750,000
Premium/Discount to List
-$40,000
-2.23%
Views
45
Current Estimated Value
$1,590,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,194
Avg. Annual Appreciation
-6.54%

Purchase Details

Listed on
Jun 10, 2013
Closed on
Aug 8, 2013
Sold by
Fielding Daniel E and Fielding Jacqueline A
Bought by
Smith Wayne B and Smith Ellen L
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Bill Weissgerber
Railey Realty, Inc.
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$588,000
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2006
Sold by
Maganzini Herman C and Maganzini Marion J
Bought by
Fielding Daniel E and Fielding Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Epler Alan John $1,750,000 Deep Creek Title
Smith Wayne B $735,000 None Available
Fielding Daniel E $820,000 --
Fielding Daniel E $820,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Wayne B $588,000
Previous Owner Fielding Daniel E $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $1,750,000 -2.2% $729 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $1,790,000 +143.5% $746 / Sq Ft
08/09/2013 08/09/13 Sold $735,000 -5.2% $306 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $775,000 -- $323 / 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 $12,487 $1,100,400 $433,700 $666,700
2024 $11,247 $960,400 $0 $0
2023 $9,612 $820,400 $0 $0
2022 $7,977 $680,400 $377,500 $302,900
2021 $7,918 $675,367 $0 $0
2020 $7,859 $670,333 $0 $0
2019 $7,801 $665,300 $377,500 $287,800
2018 $7,361 $665,300 $377,500 $287,800
2017 $7,362 $665,300 $0 $0
2016 -- $674,200 $0 $0
2015 -- $669,000 $0 $0
2014 -- $663,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2006984

Bright MLS

APN: 18-005859