NOT LISTED FOR SALE

116 Wisp Mountain Rd Mc Henry, MD 21541

Estimated Value: $1,089,697 - $1,341,000

6 Beds
5 Baths
4,227 Sq Ft
$286/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2021

Last sale price $1,100,000 $260 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,484 / mo

2 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Lake View
  • Accident Elementary School Rated 9+
  • Heated Indoor Pool
  • Open Floorplan

About This Home

As of February 2021

Luxury at the Lake! This delightful log home is located atop Wisp Resort Mountain just minutes from the prestigious Deep Creek Lake Lodestone Golf Club. Spanning over 4200 square feet, this magnificent lake access residence graced by soaring ceilings and wall-to-wall windows is a haven for gazing at Deep Creek Lake views. The main-level is an open concept with an expansive layout made for entertaining. With cathedral ceilings, tongue and groove throughout, log beams, a stone fireplace, a gourmet kitchen, spacious dining area and access to the newly re-stained deck, you will love every season here! The stunning master suite displays more tongue and groove work, giving you a true mountain feel. Its lavish ensuite bath has a jetted soaking tub, separate shower, and double vanities. You'll find 3 master bedrooms in this log masterpiece! The lower level houses a large space for billiard, a second recreation area with ping pong, a wet bar, another living space and a second stone fireplace and, best of all: an indoor pool! Outdoors you'll enjoy a brilliant view of Deep Creek Lake and an abundance of privacy on the 3.71 acre property. Thinking of investing in our area? This home produced over $128,000 in rental revenue in 2020.

Last Agent to Sell the Property

Betsy Spiker Holcomb

(301) 387-4700 terah@deepcreeksales.com Taylor Made Deep Creek Real Estate License #518606 Listed on: 01/12/2021

Co-Listed By

Sean Sober

(301) 387-4700 terah@deepcreeksales.com Taylor Made Deep Creek Real Estate License #655228

Last Buyer's Agent

Jon Bell

(301) 387-2000 jbell@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,413

Year Built

  • Built in 2003

Lot Details

  • 3.71 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Mountainous Lot
  • Property is in very good condition
  • Property is zoned LR

Parking

  • Circular Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Log Cabin
  • Wood Walls
  • Fiberglass Roof
  • Log Siding

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Bar
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Wood Frame Window
  • French Doors
  • Six Panel Doors
  • Great Room
  • Family Room
  • Dining Room
  • Loft

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water Access
  • Property is near a lake
  • Swimming Allowed
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Summit HOA
  • Summit Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1218071789

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,413

Year Built

Built in 2003

Lot Details

3.71 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Walk-In Closet(s), Wood Floors
  • Window Features: Wood Frame
  • Fireplace Features: Fireplace - Glass Doors, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Six Panel, French
  • Wall Ceiling Types: Dry Wall, Wood Ceilings, Wood Walls, Cathedral Ceilings
  • Levels Count: 4
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Great Room, Loft, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Outside Entrance, Walkout Level
  • Laundry Type: Lower Floor
  • Total Sq Ft: 4467
  • Living Area Sq Ft: 4227
  • Price Per Sq Ft: 373.90
  • Above Grade Finished Sq Ft: 2942
  • Below Grade Finished Sq Ft: 1285
  • Below Grade Sq Ft: 240
  • Total Below Grade Sq Ft: 1525
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Exterior Features: Hot Tub
  • Pool Features: Heated, Indoor
  • Roof: Fiberglass
  • View: Lake, Mountain
  • Water Access Features: Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: SUMMIT
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 499300.00
  • Land Assessed Value: 135400.00
  • Lot Features: Landscaping
  • Lot Size Acres: 3.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 161608.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: LR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15667838
  • Tax Annual Amount: 7413.00
  • Assessor Parcel Number: 1218071789
  • Tax Lot: 1
  • Tax Page Number: 396
  • 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

Closed on
Sep 20, 2024
Sold by
Silver Paddle Investments Llc
Bought by
M Four Holdings Llc
Current Estimated Value
$1,209,174

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 23, 2021
Sold by
Shimp Jeffrey P and Shimp Amy S
Bought by
Silver Paddle Investments Llc
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Real Estate
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$935,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2001
Sold by
D C Development Llc
Bought by
Shimp Jeffrey P and Shimp Amy S
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
M Four Holdings Llc $6,000 None Listed On Document
M Four Holdings Llc $6,000 None Listed On Document
Silver Paddle Investments Llc $1,100,000 Deep Creek Title Group
Shimp Jeffrey P $65,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silver Paddle Investments Llc $935,000
Closed Shimp Jeffrey P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $1,100,000 0.0% $260 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $1,100,000 -- $260 / 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 $11,667 $946,967 $0 $0
2024 $10,848 $855,533 $0 $0
2023 $9,675 $763,000 $115,000 $648,000
2022 $9,131 $720,100 $0 $0
2020 $8,048 $634,700 $135,400 $499,300
2019 $7,995 $630,500 $0 $0
2018 $7,528 $626,300 $0 $0
2017 $7,134 $622,100 $0 $0
2016 -- $622,100 $0 $0
2015 -- $622,100 $0 $0
2014 -- $637,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA134222

Bright MLS

APN: 18-071789

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