$1,246,000
SOLD FEB 28, 2025

157 Fairgate Rd McHenry, MD 21541

4 Beds
4 Baths
2,880 Sq Ft
0.96 Acres

Recently Sold

$433 Per Sq Ft

7% Below List Price

196 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • No HOA
  • Accident Elementary School Rated 9+
  • 2 Fireplaces
  • More Than Two Accessible Exits

About This Home

As of February 2025

View! Views! View! This 4-bedroom (all primary) New Construction Masterpiece with Breathtaking Sunset views of Creek Lake, Wisp Ski Resort, sunset over the lake and mountains, and views of the Fire on The Mountain 4th of July Fireworks. Enjoy Summer evenings ending your day with the most spectacular sunset views, right from the comfort of your own home. Wintertime provides mesmerizing views of the night lights of the ski area.

Prime Location: Situated with easy access to local amenities and recreational activities.
Architectural Elegance: Thoughtfully designed with contemporary aesthetics, featuring expansive windows that capture panoramic lake views and abundant natural light.
Kitchen: Equipped with top-of-the-line stainless steel appliances, custom cabinetry, and a spacious island perfect for entertaining.
Luxurious Suites: 4 private retreats, en-suite bathrooms, and private balconies overlooking the lake.
Open Concept Living: Seamlessly flowing spaces ideal for hosting gatherings, with a grand living room that opens to the upper deck and lower patio.
Finishes: Attention to detail throughout.
Outdoor Oasis: Enjoy your mornings with coffee on the deck, afternoons overlooking Deep Creek Lake, and evenings by the fire pit under the stars.
Unmatched Views: Every sunset paints a unique masterpiece across the sky, offering a daily dose of natural beauty.
Relaxation and Recreation: Whether you prefer kayaking, fishing, skiing on the slopes of Wisp Resort or boating on Deep Creek Lake, your new home offers endless opportunities for relaxation and recreation.
Community and Convenience: Just minutes from shopping, dining, and area activities.
Don’t miss your chance to own this slice of paradise. Contact us today to schedule a private tour and see why this lake-view home is the perfect place to start your next chapter.

Last Agent to Sell the Property

Debra Savage

(301) 616-4085 dsavage@railey.com Railey Realty, Inc. Listed on: 07/04/2024

Railey Realty, Inc.

Last Buyer's Agent

Jon Bell

(301) 501-0735 jbell@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,584

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.96 Acre Lot
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Gerald Glotfelty Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 0001
  • Assessor Parcel Number 1218017016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,584

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2024-07-04
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: View! Views! View! This 4-bedroom (all primary) New Construction Masterpiece with Breathtaking Sunset views of Creek Lake, Wisp Ski Resort, sunset over the lake and mountains, and views of the Fire on The Mountain 4th of July Fireworks. Enjoy Summer evenings ending your day with the most spectacular sunset views, right from the comfort of your own home. Wintertime provides mesmerizing views of the night lights of the ski area. Prime Location: Situated with easy access to local amenities and recreational activities. Architectural Elegance: Thoughtfully designed with contemporary aesthetics, featuring expansive windows that capture panoramic lake views and abundant natural light. Kitchen: Equipped with top-of-the-line stainless steel appliances, custom cabinetry, and a spacious island perfect for entertaining. Luxurious Suites: 4 private retreats, en-suite bathrooms, and private balconies overlooking the lake. Open Concept Living: Seamlessly flowing spaces ideal for hosting gatherings, with a grand living room that opens to the upper deck and lower patio. Finishes: Attention to detail throughout. Outdoor Oasis: Enjoy your mornings with coffee on the deck, afternoons overlooking Deep Creek Lake, and evenings by the fire pit under the stars. Unmatched Views: Every sunset paints a unique masterpiece across the sky, offering a daily dose of natural beauty. Relaxation and Recreation: Whether you prefer kayaking, fishing, skiing on the slopes of Wisp Resort or boating on Deep Creek Lake, your new home offers endless opportunities for relaxation and recreation. Community and Convenience: Just minutes from shopping, dining, and area activities. Don’t miss your chance to own this slice of paradise. Contact us today to schedule a private tour and see why this lake-view home is the perfect place to start your next chapter.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2880
  • Price Per Sq Ft: 929.86
  • Above Grade Finished Sq Ft: 1440
  • Below Grade Finished Sq Ft: 1440
  • Total Below Grade Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 157

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: Yes
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.96
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41817.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 6584.00
  • Assessor Parcel Number: 1218017016
  • Tax Lot: 0001
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 02/28/2025

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Feb 25, 2025
Sold by
Kessler Jonathan P
Bought by
Zaheer Rehan and Anum Pervaiz
Seller's Agent
Debra Savage
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$1,339,000
Sold Price
$1,246,000
Premium/Discount to List
-$93,000
-6.95%
Views
162
Current Estimated Value
$1,223,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,871
Avg. Annual Appreciation
-2.90%
Original Mortgage
$996,800
Outstanding Balance
$991,787
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$231,342

Purchase Details

Closed on
May 30, 2007
Sold by
Kendi Lisa A
Bought by
Kessler Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,705
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2007
Sold by
Kendi Lisa A
Bought by
Kessler Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,705
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2001
Sold by
Johnson Dennis F and Johnson Augusta A
Bought by
Kendi Lisa A

Purchase Details

Closed on
Oct 1, 1996
Sold by
Moore William H and Moore Hazel E
Bought by
Johnson Dennis F and Johnson Augusta A
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Deed $1,246,000 Deep Creek Title
Deed $1,246,000 Deep Creek Title
Deed $425,000 --
Deed $425,000 --
Deed $90,000 --
Deed $85,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $996,800 New Conventional
Closed $996,800 New Conventional
Previous Owner $315,705 Purchase Money Mortgage
Previous Owner $315,705 Purchase Money Mortgage
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $1,246,000 -6.9% $433 / Sq Ft
01/17/2025 01/17/25 For Sale $1,339,000 0.0% $465 / Sq Ft
01/16/2025 01/16/25 Off Market $1,339,000 -- --
10/22/2024 10/22/24 Price Changed $1,339,000 -3.6% $465 / Sq Ft
08/20/2024 08/20/24 Price Changed $1,389,000 -7.4% $482 / Sq Ft
07/04/2024 07/04/24 For Sale $1,499,888 -- $521 / 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 $7,630 $674,067 $0 $0
2024 $2,244 $192,133 $0 $0
2023 $2,039 $172,000 $65,000 $107,000
2022 $2,017 $170,100 $0 $0
2021 $1,972 $168,200 $0 $0
2020 $1,942 $166,300 $65,000 $101,300
2019 $1,972 $166,300 $65,000 $101,300
2018 $1,862 $166,300 $65,000 $101,300
2017 $1,858 $168,400 $0 $0
2016 -- $166,667 $0 $0
2015 -- $164,933 $0 $0
2014 -- $163,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2007606

Bright MLS

APN: 18-017016