NOT LISTED FOR SALE

16 Cedar Shores Dr Unit 18 Mc Henry, MD 21541

Estimated Value: $664,000 - $750,000

4 Beds
3 Baths
3,123 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $380,000 $122 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,593/month

Highlights

  • Water Views
  • Home fronts navigable water
  • Open Floorplan
  • Accident Elementary School Rated 9+
  • Water Access
  • 2 Fireplaces

About This Home

As of March 2019

4 BR, 3 BA lake access log townhome with lake and Wisp views. Less than 2 miles to Wisp and less than a quarter mile from 3 restaurants. Short walk to community lake access to enjoy swimming. 2 separate common areas each with a gas fireplace. Wet bar in family room. Curl up with a good book in the loft with expansive lake views! Must see property! Boat slip available via separate transaction.

Last Agent to Sell the Property

Sean Sober

(301) 616-8820 sean@deepcreekvacations.com Taylor Made Deep Creek Vacations & Sales License #655228 Listed on: 09/19/2018

Last Buyer's Agent

Larry Smith

(301) 501-5564 lsmith@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 2004

Lot Details

  • Home fronts navigable water

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 3,123 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 2 Fireplaces
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Outdoor Features

  • Water Access
  • Property is near a lake

Schools

  • Accident Elementary School
  • Northern Middle School

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 18
  • Assessor Parcel Number 1218074915

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, road maintenance, snow removal, trash
  • Cedar Shores HOA
  • Cedar Shores Community
  • Cedar Shores Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,550

Year Built

Built in 2004

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Log Home
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2004
  • Remarks Public: 4 BR, 3 BA lake access log townhome with lake and Wisp views. Less than 2 miles to Wisp and less than a quarter mile from 3 restaurants. Short walk to community lake access to enjoy swimming. 2 separate common areas each with a gas fireplace. Wet bar in family room. Curl up with a good book in the loft with expansive lake views! Must see property! Boat slip available via separate transaction.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Combination Dining/Living, Breakfast Area, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Townhouse
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Outside Entrance, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 3123
  • Living Area Sq Ft: 3123
  • Price Per Sq Ft: 128.05
  • Above Grade Finished Sq Ft: 3123
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 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
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Log
  • View: Water
  • Water Access: Yes
  • Water Body Name: DEEP CREEK
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 290.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Restrictions, Covenants
  • HOA Name: CEDAR SHORES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: ACCIDENT
  • Middle School: NORTHERN
  • School District Key: 121139907558
  • Elementary School: ACCIDENT
  • Middle Or Junior School: NORTHERN

Lot Info

  • Improvement Assessed Value: 300000.00
  • Land Assessed Value: 75000.00
  • Year Assessed: 2018
  • Zoning: LR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15669171
  • Tax Annual Amount: 4550.40
  • Assessor Parcel Number: 1218074915
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 3123
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 03/15/2019

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
Sep 19, 2018
Closed on
Mar 15, 2019
Sold by
Montemore Thomas C and Montemore Mitzi G
Bought by
Bout Time Llc
Seller's Agent
Sean Sober
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Larry Smith
Railey Realty, Inc.
List Price
$405,900
Sold Price
$380,000
Premium/Discount to List
-$25,900
-6.38%
Current Estimated Value
$708,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,021
Avg. Annual Appreciation
9.92%
Original Mortgage
$190,000
Outstanding Balance
$167,042
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$540,979

Purchase Details

Closed on
Mar 20, 2014
Sold by
Keagy Timothy M and Keagy Rhonda L
Bought by
Montemore Thomas C and Montemore Mitzi G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,550
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Adrian Enterprises Llc
Bought by
Keagy Timothy M and Keagy Rhonda L
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 Buyer Sale Price Title Company
Bout Time Llc $380,000 Deep Creek Title Group
Montemore Thomas C $429,500 New Horizon Title Inc
Keagy Timothy M $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bout Time Llc $190,000
Previous Owner Montemore Thomas C $386,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $380,000 -5.0% $122 / Sq Ft
10/31/2018 10/31/18 Price Changed $399,900 -1.5% $128 / Sq Ft
09/19/2018 09/19/18 For Sale $405,900 -- $130 / 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 $6,589 $513,933 $0 $0
2024 $5,903 $444,467 $0 $0
2023 $5,018 $375,000 $75,000 $300,000
2022 $5,055 $375,000 $75,000 $300,000
2021 $5,093 $375,000 $75,000 $300,000
2020 $5,093 $375,000 $75,000 $300,000
2019 $5,093 $375,000 $75,000 $300,000
2018 $4,845 $375,000 $75,000 $300,000
2017 $4,619 $395,000 $0 $0
2016 -- $376,667 $0 $0
2015 -- $358,333 $0 $0
2014 -- $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005615126

Bright MLS

APN: 18-074915