NOT LISTED FOR SALE

159 Cherry Lane Rd McHenry, MD 21541

Estimated Value: $299,527 - $476,000

2 Beds
1 Bath
1,064 Sq Ft
$331/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $235,000 $221 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,030/month

8 Days on Market

Highlights

  • A-Frame Home
  • Wood Burning Stove
  • Wood Ceilings
  • Accident Elementary School Rated 9+
  • No HOA
  • Living Room

About This Home

As of January 2023

This cozy chalet is situated on 2 wooded lots that total over 1 1/2 acres. Located just 3 miles from Wisp Mountain Resort and all Deep Creek Lake attarctions and amenities means you are close to evrything but secluded enough to enjoy the peace and quiet of Garrett County. The larger deck gives you eeven more outdoor living space including gazebo and hot tub. Don't miss out on this one!

Last Agent to Sell the Property

Larry Smith

(301) 501-5564 lsmith@railey.com Railey Realty, Inc. Listed on: 12/22/2022

Railey Realty, Inc.

Last Buyer's Agent

Nick Fratz-Orr

(301) 616-0473 nick@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Map 41 Parcel 209 Tax ID 1216018157, 0.59 ac adjacent lot

Home Design

  • A-Frame Home
  • Wood Walls
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 2 Levels
  • Wood Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Outbuilding

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1206017916

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,761

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining
  • Window Features: Screens, Insulated
  • Fireplace Features: Wood, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Wood Ceilings, Wood Walls
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 205.83
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard - Electric, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Utilities: Other
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Map 41 Parcel 209 Tax ID 1216018157, 0.59 ac adjacent lot
  • Improvement Assessed Value: 124500.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15647263
  • Tax Annual Amount: 1761.00
  • Assessor Parcel Number: 1206017916
  • 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
Dec 22, 2022
Closed on
Jan 27, 2023
Sold by
Bonfoey Jeffrey E and Bonfoey Isabel C
Bought by
Brown Josiah N and Brown Kathryn Elizabeth
Seller's Agent
Larry Smith
Railey Realty, Inc.
Buyer's Agent
Nick Fratz-Orr
Railey Realty, Inc.
List Price
$219,000
Sold Price
$235,000
Premium/Discount to List
$16,000
7.31%
Views
3
Current Estimated Value
$352,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,382
Avg. Annual Appreciation
14.94%
Original Mortgage
$175,000
Outstanding Balance
$169,449
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$182,933

Purchase Details

Closed on
Apr 27, 2018
Sold by
Sanaie Paymon and Sanaie Rachel F
Bought by
Bonfoey Jeffrey E and Bonfoey Isabel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,992
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Macbeth Andrew B
Bought by
Sanaire Paymon and Sanaie Rachel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Ebnereza Fred
Bought by
Macbeth Andrew B

Purchase Details

Closed on
Feb 4, 2005
Sold by
Immel John H and Immel Nancy M
Bought by
Ebnereza Fred
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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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
Brown Josiah N $235,000 --
Bonfoey Jeffrey E $180,000 None Available
Sanaire Paymon $187,000 Deep Creek Title Group Llc
Macbeth Andrew B $194,000 --
Ebnereza Fred $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Josiah N $175,000
Previous Owner Bonfoey Jeffrey E $173,992
Previous Owner Sanaire Paymon $149,600
Closed Macbeth Andrew B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $235,000 +7.3% $221 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/28/2022 12/28/22 For Sale $219,000 0.0% $206 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/22/2022 12/22/22 For Sale $219,000 -- $206 / 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 $2,278 $198,567 $0 $0
2024 $2,092 $176,533 $0 $0
2023 $1,835 $154,500 $30,000 $124,500
2022 $1,791 $150,800 $0 $0
2021 $1,748 $147,100 $0 $0
2020 $1,705 $143,400 $23,500 $119,900
2019 $1,677 $141,033 $0 $0
2018 $1,558 $138,667 $0 $0
2017 $1,524 $136,300 $0 $0
2016 -- $136,167 $0 $0
2015 -- $136,033 $0 $0
2014 -- $135,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2004294

Bright MLS

APN: 06-017916