NOT LISTED FOR SALE

Estimated Value: $381,000 - $409,533

4 Beds
3.5 Baths
2,722 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 25, 2012

Last sale price $143,000 $53 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,421/month

74 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • 24-Hour Security
  • Water Views
  • Fitness Center
  • Gated Community

About This Home

As of October 2012

This lovely home offers lake views as well as all recreational privileges of this gated 240-acre lake community with beaches,clubhouse w/fitness room, tennis courts,fishing, water-skiing, etc. Cape Cod with main level master bedroom. Deck with seasonal lake views. Lower level could be in-law suite. Subject to third party approval. Short sale process is near completion.

Last Agent to Sell the Property

Joyce Dirting

ERA Oakcrest Realty, Inc. License #WV0023027 Listed on: 05/25/2012

ERA Oakcrest Realty, Inc.

Last Buyer's Agent

Nina Hale

A New Century Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1992

Lot Details

  • 0.31 Acre Lot
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Family Room
  • Game Room
  • Home Gym
  • Water Views
  • Security Gate

Kitchen

  • Breakfast Room
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Lake Privileges
  • Deck

Schools

  • Gainesboro Elementary School
  • James Wood High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 2117

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, recreation facility, reserve funds, road maintenance, snow removal, security gate
  • The community has rules related to covenants
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,709

Year Built

Built in 1992

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1992
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Master Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Breakfast Room, Exercise Room, In-Law/AuPair/Suite, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2722
  • Living Area Sq Ft: 2722
  • Price Per Sq Ft: 87.22
  • Above Grade Finished Sq Ft: 1714
  • Below Grade Finished Sq Ft: 1008
  • Total Below Grade Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 115.60
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Boat Ramp, Boat Dock/Slip, Club House, Common Grounds, Community Center, Exercise Room, Gated Community, Lake, Meeting Room, Party Room, Picnic Area, Security, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA: Yes

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: GAINESBORO
  • High School: JAMES WOOD
  • School District Key: 121140907577
  • Elementary School: GAINESBORO
  • High School: JAMES WOOD

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 13504
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18768295
  • Assessor Parcel Number: 2117
  • Tax Lot: 118
  • Tax Total Finished Sq Ft: 1714
  • Close Date: 10/25/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
Oct 25, 2012
Sold by
Sault Patrick L
Bought by
Malcolm Heather
Seller's Agent
Joyce Dirting
ERA Oakcrest Realty, Inc.
Buyer's Agent
Nina Hale
A New Century Realty
List Price
$149,500
Sold Price
$143,000
Premium/Discount to List
-$6,500
-4.35%
Current Estimated Value
$397,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,883
Avg. Annual Appreciation
8.28%
Original Mortgage
$140,409
Outstanding Balance
$97,281
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$300,602

Purchase Details

Closed on
Sep 3, 2004
Sold by
Rhodes Ronald
Bought by
Sault Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Malcolm Heather $143,000 --
Sault Patrick $244,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malcolm Heather $65,000
Closed Malcolm Heather $40,000
Open Malcolm Heather $140,409
Previous Owner Sault Patrick $25,000
Previous Owner Sault Patrick $255,600
Previous Owner Sault Patrick $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2012 10/25/12 Sold $143,000 0.0% $53 / Sq Ft
08/10/2012 08/10/12 Rented $1,200 0.0% --
08/07/2012 08/07/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $149,500 0.0% $55 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $149,500 0.0% $55 / Sq Ft
08/08/2011 08/08/11 Under Contract -- -- --
06/14/2011 06/14/11 For Rent $1,200 -- --
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 $1,709 $356,100 $58,000 $298,100
2024 $1,048 $304,400 $42,000 $262,400
2023 $1,552 $304,400 $42,000 $262,400
2022 $1,501 $246,100 $37,000 $209,100
2021 $2,179 $246,100 $37,000 $209,100
2020 $1,931 $205,400 $37,000 $168,400
2019 $1,931 $205,400 $37,000 $168,400
2018 $1,855 $192,900 $37,000 $155,900
2017 $1,835 $192,900 $37,000 $155,900
2016 $1,789 $185,100 $25,100 $160,000
2015 $1,033 $184,500 $24,500 $160,000
2014 $851 $175,000 $24,500 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004004464

Bright MLS

APN: 18A044A-12-118