NOT LISTED FOR SALE

120 Silver Tree Ln Oakland, MD 21550

Estimated Value: $1,013,000 - $1,281,000

6 Beds
4.5 Baths
4,212 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $555,000 $132 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,894/month

39 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Spa
  • Water Views
  • Water Access
  • Open Floorplan

About This Home

As of November 2013

Impeccably maintained, turn-key lake access home with dock slip in Silver Tree Landing. Central location convenient to restaurants, shopping & cinema. Lake & dock slip just across quiet lane. Open floorplan with sunken family room, two master suites, loft overlook, enclosed hot tub porch, glass enclosed sunroom, two gas fireplaces and side trellis deck with water views. Boat & waverunner included.

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: 07/19/2013

Last Buyer's Agent

Susanne Beeman

(240) 321-3090 sales@deepcreekrealty.com Coldwell Banker Deep Creek Realty License #MRIS:3014192

Coldwell Banker Deep Creek Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,965

Year Built

  • Built in 2002

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts navigable water
  • Landscaped
  • No Through Street
  • The property's topography is moderate slope
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $123 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Heatilator
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Includes Fireplace Accessories
  • Fireplace Mantel
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Window Treatments
  • Palladian Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Entrance Foyer
  • Great Room
  • Family Room Overlook on Second Floor
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Loft
  • Game Room
  • Workshop
  • Screened Porch
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Workshop
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Spa
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Balcony
  • Deck
  • Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 60 Gallon+ Electric Water Heater
  • Shared Well
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1218071606

Community Details

Overview

  • Association fees include management, road maintenance, snow removal, water
  • Built by TOM ANDERSON
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Community Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,965

Year Built

Built in 2002

Lot Details

10,000 Sq Ft Lot

HOA Fees

$123 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, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Extra Refrigerator/Freezer
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Combination Kitchen/Dining, Dining Area, Master Bath(s), Crown Moldings, Window Treatments, Entry Level Bedroom, Whirlpool/Hottub, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Energy Star Qualified, Insulated, Palladian, Screens
  • Fireplace Features: Equipment, Gas/Propane, Fireplace - Glass Doors, Heatilator, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Vaulted Ceilings, Wood Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, 2nd Stry Fam Ovrlk, Great Room, Laundry, Loft, Storage Room, Utility Room, Workshop, Bedroom 6, Screened Porch
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Daylight, Partial, Fully Finished, Heated, Improved, Rear Entrance, Walkout Level, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 4212
  • Living Area Sq Ft: 4212
  • Price Per Sq Ft: 219.76
  • Above Grade Finished Sq Ft: 2728
  • Below Grade Finished Sq Ft: 1484
  • Total Below Grade Sq Ft: 1484
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Fiber Cement, Stone
  • Dock Type: Single Slip
  • Construction Completed: No
  • Exterior Features: Hot Tub, Secure Storage, Street Lights
  • Road Surface Type: Paved
  • Roof: Asphalt
  • View: Water, Trees/Woods
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Energy Star Cooling System
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Central, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Cable Tv Available
  • Water Source: Well-Shared, Community

Condo/Co-op/Association

  • HOA Fees: 1475.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Management, Road Maintenance, Snow Removal, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 469400.00
  • Land Assessed Value: 130000.00
  • Lot Features: Backs To Trees, Landscaping, No Thru Street
  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Balcony, Deck(s), Enclosed, Porch(es)
  • Property Condition: Very Good
  • Topography: Moderate Slope

Building Info

  • Builder Name: TOM ANDERSON

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15667825
  • Tax Annual Amount: 6965.03
  • Assessor Parcel Number: 1218071606
  • Tax Lot: 5
  • Tax Page Number: 474
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Nov 1, 2013
Sold by
Yeakel Dale Carl and Yeakel Gloria Jean
Bought by
Otchet Elliot C and Otchet Sarah K
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Real Estate
Buyer's Agent
Susanne Beeman
Coldwell Banker Deep Creek Realty
List Price
$599,500
Sold Price
$555,000
Premium/Discount to List
-$44,500
-7.42%
Current Estimated Value
$1,113,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,562
Avg. Annual Appreciation
5.79%
Original Mortgage
$414,375
Outstanding Balance
$309,143
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$804,419

Purchase Details

Closed on
Apr 18, 2012
Sold by
Yeakel Dale Carl and Yeakel Gloria Jean
Bought by
Yeakel Dale Carl and Yeakel Gloria Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2012
Sold by
Yeakel Dale Carl and Yeakel Gloria Jean
Bought by
Yeakel Dale Carl and Yeakel Gloria Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Yeakel Dale C and Yeakel Gloria
Bought by
Yeakel Dale and Yeakel Gloria

Purchase Details

Closed on
Sep 29, 2006
Sold by
Yeakel Dale C and Trsts Gloria J
Bought by
Yeakel Dale C and Yeakel Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 21, 2006
Sold by
Yeakel Dale C and Trsts Gloria J
Bought by
Yeakel Dale C and Yeakel Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 18, 2002
Sold by
Allegheny Restoration & Builders
Bought by
Heakel Dale C and Trsts Gloria J

Purchase Details

Closed on
Oct 31, 2001
Sold by
Dcl Properties Llc
Bought by
Allegheny Restoration & Builders
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Otchet Elliot C $555,000 Sage Title Group Llc
Yeakel Dale Carl $555,000 Sage Title Group Llc
Yeakel Dale Carl -- Express Title Company
Yeakel Dale Carl -- Express Title Company
Yeakel Dale -- --
Yeakel Dale C -- --
Yeakel Dale C -- --
Yeakel Dale C -- --
Heakel Dale C $445,000 --
Allegheny Restoration & Builders $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeakel Dale Carl $414,375
Closed Yeakel Dale Carl $414,375
Previous Owner Yeakel Dale Carl $400,000
Previous Owner Yeakel Dale Carl $400,000
Previous Owner Yeakel Dale C $530,000
Previous Owner Yeakel Dale C $530,000
Closed Yeakel Dale C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $555,000 -7.4% $132 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $599,500 -- $142 / 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 $11,723 $914,400 $180,000 $734,400
2024 $10,383 $781,867 $0 $0
2023 $8,688 $649,333 $0 $0
2022 $6,966 $516,800 $87,800 $429,000
2021 $6,962 $512,667 $0 $0
2020 $6,906 $508,533 $0 $0
2019 $6,850 $504,400 $87,800 $416,600
2018 $6,516 $504,400 $87,800 $416,600
2017 $7,172 $504,400 $0 $0
2016 -- $511,400 $0 $0
2015 -- $511,400 $0 $0
2014 -- $511,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Betsy Spiker Holcomb

    Seller's Agent in 2013

    Betsy Spiker Holcomb

    Taylor Made Deep Creek Real Estate

    (301) 616-5022

    85 in this area

    381 Total Sales

    Betsy Spiker Holcomb
    Section Image

  • S

    Buyer's Agent in 2013

    Susanne Beeman

    Coldwell Banker Deep Creek Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003631480

Bright MLS

APN: 18-071606

Maryland Garrett County Oakland 21550

120 Silver Tree Ln, Oakland, MD

Not Listed for Sale

Detached

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