NOT LISTED FOR SALE

159 Highline Dr McHenry, MD 21541

Estimated Value: $809,837 - $966,000

5 Beds
3 Baths
2,565 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $475,000 $185 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,340/month

674 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Chalet
  • Accident Elementary School Rated 9+
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of May 2018

Views of Deep Creek Lake and easy access to Wisp Ski slopes can be enjoyed from this spacious mountaintop chalet. Minutes from the world renowned ASCI featuring a manmade recirculating white water course. Relax by the fireplace after a day of skiing, boating, hiking or just sit back and enjoy the view. Established vacation rental. 2017 rental revenue $31k+

Last Agent to Sell the Property

Kellyann Green

(301) 501-4122 kellyann@railey.com Railey Realty, Inc. License #315861 Listed on: 05/16/2016

Railey Realty, Inc.

Last Buyer's Agent

Larry Roth

(301) 387-2000 lroth@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 2002

Lot Details

  • 0.32 Acre Lot
  • Property is in very good condition

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Chalet
  • Wood Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Loft
  • Finished Basement
  • Front Basement Entry

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Oriented
  • Property is near a lake

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Public Septic

Community Details

  • Highline Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 1218068796

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 2002

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Living, Window Treatments, Primary Bath(s), Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Loft
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2565
  • Living Area Sq Ft: 2565
  • Price Per Sq Ft: 349.34
  • Above Grade Finished Sq Ft: 1431
  • Below Grade Finished Sq Ft: 1134
  • Total Below Grade Sq Ft: 1134
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Pool Private: No
  • Roof: Wood
  • View: Water, Mountain
  • View: Yes
  • Water Access: No
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 272100.00
  • Land Assessed Value: 131500.00
  • Lot Size Acres: 0.32
  • Lot Size Area: 13939
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Property Attached Yn: No
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15667388
  • Tax Annual Amount: 4447.67
  • Assessor Parcel Number: 1218068796
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
May 4, 2018
Sold by
Lake W & W Llc
Bought by
Buchanana Kenneth and Buchanana Kriste
Seller's Agent
Kellyann Green
Railey Realty, Inc.
Buyer's Agent
Larry Roth
Railey Realty, Inc.
List Price
$599,000
Sold Price
$475,000
Premium/Discount to List
-$124,000
-20.7%
Current Estimated Value
$892,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,209
Avg. Annual Appreciation
8.55%
Original Mortgage
$337,500
Outstanding Balance
$290,933
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$601,276

Purchase Details

Closed on
Nov 3, 2016
Sold by
Wilhelm Gary A and Wilhelm Vicki K
Bought by
Lake W W Llc

Purchase Details

Closed on
Oct 5, 2007
Sold by
Cummings Mark
Bought by
Wilhelm Gary A and Wilhelm Vicki K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Cummings Mark
Bought by
Wilhelm Gary A and Wilhelm Vicki K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
Cummings Mark
Bought by
Cummings Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2007
Sold by
Cummings Mark
Bought by
Cummings Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 6, 2002
Sold by
Whitson Bob B
Bought by
Cummings Mark and Barrett Jennifer

Purchase Details

Closed on
Oct 31, 2001
Sold by
D C Development Llc
Bought by
Whitson Bob B
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
Buchanana Kenneth $475,000 Deep Creek Title Group
Lake W W Llc -- None Available
Wilhelm Gary A $625,000 --
Wilhelm Gary A $625,000 --
Cummings Mark -- --
Cummings Mark -- --
Cummings Mark $389,500 --
Whitson Bob B $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanana Kenneth $337,500
Previous Owner Wilhelm Gary A $417,000
Previous Owner Wilhelm Gary A $417,000
Previous Owner Cummings Mark $400,000
Previous Owner Cummings Mark $400,000
Closed Whitson Bob B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $475,000 -5.0% $185 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $499,900 -9.1% $195 / Sq Ft
06/13/2017 06/13/17 Price Changed $549,999 -5.0% $214 / Sq Ft
10/21/2016 10/21/16 Price Changed $579,000 -3.3% $226 / Sq Ft
05/16/2016 05/16/16 For Sale $599,000 -- $234 / 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 $7,590 $592,067 $0 $0
2024 $6,806 $512,533 $0 $0
2023 $5,794 $433,000 $131,500 $301,500
2022 $5,741 $425,900 $0 $0
2020 $5,591 $411,700 $131,500 $280,200
2019 $5,554 $409,000 $0 $0
2018 $5,249 $406,300 $0 $0
2017 $4,950 $403,600 $0 $0
2016 -- $403,600 $0 $0
2015 -- $403,600 $0 $0
2014 -- $429,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000108829

Bright MLS

APN: 18-068796