NOT LISTED FOR SALE

1601 Deep Creek Dr Unit 15-B McHenry, MD 21541

Estimated Value: $735,000 - $1,035,000

3 Beds
2.5 Baths
1,600 Sq Ft
$514/Sq Ft Est. Value

Last Sold December 14, 2019

Last sale price $425,000 $266 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,315/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Fishing Allowed
  • Accident Elementary School Rated 9+
  • Canoe or Kayak Water Access
  • Lake View

About This Home

As of December 2019

A very rare find on Deep Creek Lake! 3 bedroom lakefront condo with a dock slip located in the heart of Mchenry, walking distance to restaurants and amenities. These units hardly ever hit the market so take advantage of this unique opportunity before it's too late! Sold turn key and ready for new owners!

Last Agent to Sell the Property

Nina Beitzel

(724) 272-8454 nbeitzel@railey.com Railey Realty, Inc. Listed on: 10/26/2019

Railey Realty, Inc.

Last Buyer's Agent

Rachel Bruch

(301) 707-7704 rachelb@railey.com Railey Realty, Inc. License #655450

Railey Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1993

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Family Room Off Kitchen
  • Carpet
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Limited Hours Of Personal Watercraft Operation
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • Powered Boats Permitted
  • Lake Privileges
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane

Listing and Financial Details

  • Tax Lot 15B
  • Assessor Parcel Number 1218052466

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, road maintenance, snow removal
  • The Willows Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Fishing Allowed
  • Recreational Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,932

Year Built

Built in 1993

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Remarks Public: A very rare find on Deep Creek Lake! 3 bedroom lakefront condo with a dock slip located in the heart of Mchenry, walking distance to restaurants and amenities. These units hardly ever hit the market so take advantage of this unique opportunity before it's too late! Sold turn key and ready for new owners!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Walk-In Closet(s)
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Interior Access, Outside Entrance, Rear Entrance, Walkout Level
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 265.62
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1601

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • View: Lake
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Private Access
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 375.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Lake, Non-Lake Recreational Area, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 324000.00
  • Land Assessed Value: 81000.00
  • Land Use Code: 008
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: LR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15660997
  • Tax Annual Amount: 4932.00
  • Assessor Parcel Number: 1218052466
  • Tax Lot: 15B
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/14/2019

Multi Family

  • Waterfront Features: Private Dock Site, Shared

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Dec 16, 2019
Sold by
Hyde Melissa and Estate Of William Russell Hyde
Bought by
Hogan Paul F and Pieprzak Mary Angela
Seller's Agent
Nina Beitzel
Railey Realty, Inc.
Buyer's Agent
Rachel Bruch
Railey Realty, Inc.
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$822,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,856
Avg. Annual Appreciation
12.00%
Original Mortgage
$340,000
Outstanding Balance
$300,345
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$522,511

Purchase Details

Closed on
Jul 23, 2018
Sold by
Manufactures And Traders Trust Co
Bought by
Rosenthal Amy S and Bolyard Alison H

Purchase Details

Closed on
Jul 27, 2007
Sold by
Hyde James R and Hyde Carol J
Bought by
Hyde Carol J and Hyde Carol J Revocable Trust

Purchase Details

Closed on
Jul 2, 2007
Sold by
Hyde James R and Hyde Carol J
Bought by
Hyde Carol J and Hyde Carol J Revocable Trust

Purchase Details

Closed on
Mar 19, 1993
Sold by
Legacy Home Corporation
Bought by
Hyde James R and Hyde Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.57%

Purchase Details

Closed on
Sep 9, 1992
Sold by
Gosnell Jeffrey T and Gosnell Sherry L
Bought by
Legacy Home Corporation
Source: Public Records

Range of Values:

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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
Hogan Paul F $425,000 Deep Creek Title Group
Rosenthal Amy S -- None Available
Hyde Carol J -- --
Hyde Carol J -- --
Hyde James R $212,900 --
Legacy Home Corporation $261,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Paul F $340,000
Previous Owner Hyde James R $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2019 12/14/19 Sold $425,000 0.0% $266 / Sq Ft
10/26/2019 10/26/19 For Sale $425,000 -- $266 / 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 $6,923 $540,000 $0 $0
2024 $6,275 $472,500 $0 $0
2023 $5,419 $405,000 $81,000 $324,000
2022 $5,459 $405,000 $81,000 $324,000
2021 $5,500 $405,000 $81,000 $324,000
2020 $5,500 $405,000 $81,000 $324,000
2019 $5,500 $405,000 $81,000 $324,000
2018 $5,232 $405,000 $81,000 $324,000
2017 $4,967 $405,000 $0 $0
2016 -- $405,000 $0 $0
2015 -- $405,000 $0 $0
2014 -- $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA131634

Bright MLS

APN: 18-052466