NOT LISTED FOR SALE

151 Jakes Dr McHenry, MD 21541

Estimated Value: $792,000 - $963,000

5 Beds
3 Baths
3,016 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $800,000 $265 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,031/month

27 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Deck
  • Accident Elementary School Rated 9+
  • Mountain View
  • Contemporary Architecture

About This Home

As of July 2023

Brand new construction home located in the beautiful Red Oaks community. This home has been very well thought out from the moment you walk in. The open floorplan with cathedral ceilings, three levels of living space, stunning stone propane fireplace, guartz counters, LVT flooring and high grade carpet are just a few of the great features of this home. The exterior space is just as pleasing, from the LP Smart Siding on the home to the great front deck and covered porch. If all of this isn't enough the location feels so quiet and private while being just a few minutes to Deep Creek Lake and Wisp Ski & Golf Resort. If you are looking for a brand-new home that is sure to check off all the boxes as a full-time residence or vacation home, this is it!

Last Agent to Sell the Property

Betsy Spiker Holcomb

(301) 616-5022 betsy@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales License #518606 Listed on: 04/24/2023

Last Buyer's Agent

Jay Ferguson

(301) 501-0420 jay@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.08 Acre Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,016 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Wood Frame Window
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Mountain Views
  • Laundry on main level

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • Mound Septic
  • Septic Tank

Community Details

  • Association fees include road maintenance, snow removal
  • Red Oaks HOA
  • Red Oaks II Subdivision

Listing and Financial Details

  • Tax Lot 0010
  • Assessor Parcel Number 1206035833

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island
  • Window Features: Wood Frame
  • Fireplace Features: Fireplace - Glass Doors, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Outside Entrance, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 3016
  • Living Area Sq Ft: 3016
  • Price Per Sq Ft: 274.87
  • Above Grade Finished Sq Ft: 3016
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • 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: Wood Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Mountain
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Septic Exists, Mound System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 800.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA Name: RED OAKS
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47045.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 292.00
  • Assessor Parcel Number: 1206035833
  • Tax Lot: 0010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 12, 2023
Sold by
Rajesh Kumar Rikhye Amended and Rajesh Restated R
Bought by
Kodman James and Kodman Kristin E
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%
Views
31
Current Estimated Value
$847,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,920
Avg. Annual Appreciation
2.34%
Original Mortgage
$640,000
Outstanding Balance
$624,100
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$223,820

Purchase Details

Closed on
Apr 23, 2021
Sold by
Hosken James F and Hosken Lucinda K
Bought by
Rikhye Rajesh Kumar and Rajesh Kumar Rikhye Amended & Restated R

Purchase Details

Closed on
Sep 30, 2020
Sold by
The Grant County Bank
Bought by
Hosken James F and Hosken Lucinda K

Purchase Details

Closed on
Oct 4, 2016
Sold by
Spiker Bros Inc
Bought by
Red Oaks Homeowners Association

Purchase Details

Closed on
Dec 29, 2011
Sold by
Weaver Group Ii Llc
Bought by
The Grant County Bank
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
Kodman James $800,000 Lake Title
Kodman James $800,000 Lake Title
Rikhye Rajesh Kumar $45,000 None Available
Hosken James F $35,000 None Available
Red Oaks Homeowners Association -- Attorney
The Grant County Bank $578,141 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodman James $640,000
Closed Kodman James $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $800,000 -3.5% $265 / Sq Ft
04/24/2023 04/24/23 For Sale $829,000 -- $275 / Sq Ft
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 $6,357 $558,900 $0 $0
2024 $5,708 $486,100 $0 $0
2023 $292 $413,300 $35,000 $378,300
2022 $292 $25,000 $25,000 $0
2020 $292 $25,000 $25,000 $0
2019 $292 $25,000 $25,000 $0
2018 $275 $25,000 $25,000 $0
2017 $329 $30,000 $0 $0
2016 -- $30,000 $0 $0
2015 -- $30,000 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2004846

Bright MLS

APN: 06-035833