NOT LISTED FOR SALE

111 Sears Ln Swanton, MD 21561

Estimated Value: $614,000 - $700,000

3 Beds
3 Baths
2,119 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $549,999 $260 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,835/month

5 Days on Market

Highlights

  • Water Oriented
  • Chalet
  • Furnished
  • Lake View
  • Wood Flooring
  • 90% Forced Air Heating and Cooling System

About This Home

As of February 2022

3BR, 3BA log home with scenic lake, pastoral and mountain views! This home is perfectly placed to ensure year round views of the beautiful Sky Valley area and southern parts of Deep Creek Lake. The Thousand Acres golf course is less then 1 mile away. Established vacation rental, Oak View Ridge, boasts granite countertops, Central A/C, hardwood flooring, stone fireplace (gas), 2 Master Suites, expansive decking and hot tub. Negotiable: 1.03 acre adjacent building lot #12 Sun View Heights, perc approved for a 13 minute rate and 4 bedroom max.

Last Agent to Sell the Property

Jay Ferguson

(301) 387-4700 jay@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales Listed on: 01/02/2022

Last Buyer's Agent

Mike Kennedy

(301) 387-2000 mkennedy@railey.com Railey Realty, Inc. License #529372

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 2006

Lot Details

  • 1.03 Acre Lot
  • Additional Parcels
  • Property is in very good condition

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Lake
  • Scenic Vista
  • Pasture

Home Design

  • Chalet
  • Block Foundation
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Water Oriented
  • Property is near a lake

Schools

  • Southern Middle School
  • Southern Garrett High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Community Details

  • Association fees include road maintenance, snow removal
  • $17 Other Monthly Fees
  • Sun View Heights HOA, Phone Number (301) 442-3279
  • Sun View Heights Subdivision
  • Property Manager

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 13
  • Assessor Parcel Number 1201010115

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

Year Built

Built in 2006

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Carpet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Outside Entrance, Walkout Level
  • Total Sq Ft: 2119
  • Living Area Sq Ft: 2119
  • Price Per Sq Ft: 464.92
  • Above Grade Finished Sq Ft: 1183
  • Below Grade Finished Sq Ft: 936
  • Total Below Grade Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Spa: No
  • View: Lake, Pasture, Scenic Vista
  • Water Access: No
  • 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: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA Name: SUN VIEW HEIGHTS
  • HOA Phone: 301-442-3279
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 200.00
  • Other Fees Frequency: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN

Lot Info

  • Additional Parcels: Yes
  • Improvement Assessed Value: 279500.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 1.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44867.00
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 15641045
  • Tax Annual Amount: 3546.00
  • Assessor Parcel Number: 1201010115
  • Tax Lot: 13
  • Tax Page Number: 210
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2022
Closed on
Feb 17, 2022
Sold by
Tribe Jonathan J and Tribe Beth A
Bought by
Son Irina and Washington William
Seller's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$549,999
Sold Price
$549,999
Current Estimated Value
$665,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,936
Avg. Annual Appreciation
4.99%
Original Mortgage
$553,500
Outstanding Balance
$512,479
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$153,456

Purchase Details

Listed on
Feb 18, 2014
Closed on
Dec 12, 2014
Sold by
Norris Joseph Carl and Norris Sarah Marie
Bought by
Tribe Jonathan J and Tribe Beth A
Seller's Agent
Beverly Everett
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
List Price
$334,900
Sold Price
$305,000
Premium/Discount to List
-$29,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Jan 12, 2006
Sold by
Leaderman Bennett J
Bought by
Norris Joseph C and Norris Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 1993
Sold by
Sears Freda L
Bought by
Leaderman Bennett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Son Irina $615,000 None Listed On Document
Tribe Jonathan J $305,000 Sage Title Group Llc
Norris Joseph C $64,900 --
Leaderman Bennett J $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Son Irina $553,500
Closed Son Irina $553,500
Previous Owner Norris Joseph C $312,000
Previous Owner Leaderman Bennett J $14,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2022 02/22/22 Sold $549,999 0.0% $260 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/02/2022 01/02/22 For Sale $549,999 +80.3% $260 / Sq Ft
12/12/2014 12/12/14 Sold $305,000 -8.9% $144 / Sq Ft View Prior Sale
11/20/2014 11/20/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $334,900 -- $158 / 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 $4,235 $371,433 $0 $0
2024 $3,807 $323,400 $30,000 $293,400
2023 $3,753 $318,767 $0 $0
2022 $3,699 $314,133 $0 $0
2020 $3,547 $303,667 $0 $0
2019 $3,509 $297,833 $0 $0
2018 $3,248 $292,000 $45,000 $247,000
2017 $3,121 $292,000 $0 $0
2016 -- $281,733 $0 $0
2015 -- $276,600 $0 $0
2014 -- $276,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2001764

Bright MLS

APN: 01-010115