NOT LISTED FOR SALE

125 Silver Tree Ln Oakland, MD 21550

Estimated Value: $1,013,000 - $1,279,000

6 Beds
6.5 Baths
3,100 Sq Ft
$353/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2013

Last sale price $542,500 $175 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,952 / mo

421 Days on Market

Highlights

  • 1 Dock Slip
  • Pier or Dock
  • Water Access
  • Water Views
  • Home fronts navigable water
  • Spa

About This Home

As of September 2013

Perfect floor plan for family gatherings or rental income. Spacious 6 bedroom, 6 bath lake access home with a boat slip that is just a few steps away. Close proximity to restaurants, marina, movie theatre, and Deep Creek State Park.

Last Agent to Sell the Property

Mike Kennedy

(301) 387-2000 mkennedy@railey.com Railey Realty, Inc. License #529372 Listed on: 07/05/2012

Railey Realty, Inc.

Co-Listed By

Tommy DeBerry

tdeberry@railey.com Railey Realty, Inc. License #MRIS:8150

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

  • $5,995

Year Built

  • Built in 2003

Lot Details

  • 11,100 Sq Ft Lot
  • Home fronts navigable water
  • North Facing Home
  • No Through Street
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned TC

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Water
  • Mountain
  • Limited

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Sliding Doors
  • Family Room Overlook on Second Floor
  • Dining Room
  • Loft
  • Game Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Lake Privileges
  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Multi-Tank Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 1218072696

Community Details

Overview

  • Association fees include snow removal

Amenities

  • Picnic Area

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,995

Year Built

Built in 2003

Lot Details

0.25 Acres

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Loft
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,,Furniture Conveys
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Window Treatments, Wet/Dry Bar, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings, Dry Wall
  • Entry Location: Hall
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Bedroom 1, 2nd Stry Fam Ovrlk, Laundry, Loft, Storage Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Price Per Sq Ft: 380.00
  • Above Grade Finished Sq Ft: 1550
  • Below Grade Finished Sq Ft: 1550
  • Total Below Grade Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 4.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Dock Type: Single Slip
  • Construction Completed: No
  • Exterior Features: Hot Tub
  • Road Surface Type: Paved
  • Roof: Fiberglass
  • View: Water, Limited, Mountain
  • 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
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Baseboard, Forced Air
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1475.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Picnic Area, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 411800.00
  • Land Assessed Value: 132200.00
  • Lot Features: No Thru Street
  • Lot Size Acres: 0.25
  • Lot Size Area: 11100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11100.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: TC

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Tax Info

  • Assessor Parcel Number: 15668024
  • Tax Annual Amount: 5995.00
  • Assessor Parcel Number: 1218072696
  • Tax Lot: 10
  • Tax Page Number: 761
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Sep 30, 2013
Sold by
Bought by
Seller's Agent
Mike Kennedy
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$629,000
Sold Price
$542,500
Premium/Discount to List
-$86,500
-13.75%
Current Estimated Value
$1,095,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,818
Avg. Annual Appreciation
5.65%
Original Mortgage
$250,000
Outstanding Balance
$66,059
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$1,029,259

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2002
Sold by
Bought by
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$542,500 Deep Creek Title Group
$634,900 --
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $542,500 -7.9% $175 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
04/02/2013 04/02/13 Price Changed $589,000 -1.7% $190 / Sq Ft
11/28/2012 11/28/12 Price Changed $599,000 -4.8% $193 / Sq Ft
07/05/2012 07/05/12 For Sale $629,000 -- $203 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,373 $887,100 $180,200 $706,900
2024 $10,095 $760,167 $0 $0
2023 $8,473 $633,233 $0 $0
2022 $6,825 $506,300 $87,100 $419,200
2021 $6,876 $506,300 $87,100 $419,200
2020 $6,876 $506,300 $87,100 $419,200
2019 $6,884 $506,900 $87,100 $419,800
2018 $6,549 $506,900 $87,100 $419,800
2017 $7,207 $506,900 $0 $0
2016 -- $519,800 $0 $0
2015 -- $519,800 $0 $0
2014 -- $519,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Kennedy

    Seller's Agent in 2013

    Mike Kennedy

    Railey Realty, Inc.

    (301) 616-6106

    231 Total Sales

    Mike Kennedy
    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Tommy DeBerry

    Railey Realty, Inc.

  • Jon Bell

    Buyer's Agent in 2013

    Jon Bell

    Railey Realty, Inc.

    (301) 501-0735

    595 Total Sales

    Jon Bell
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004063184

Bright MLS

APN: 18-072696

Maryland Garrett County Oakland 21550

125 Silver Tree Ln, Oakland, MD

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