Seller's Agent in 2016
Jon Bell
Railey Realty, Inc.
(301) 501-0735
682 Total Sales
1875 Penn Point Rd Oakland, MD 21550
Estimated Value: $2,173,000 - $3,580,000
5
Beds
5
Baths
2,832
Sq Ft
$1,043/Sq Ft
Est. Value
Highlights
- 152 Feet of Waterfront
- Contemporary Architecture
- Sun or Florida Room
- 2 Dock Slips
- 3 Fireplaces
- No HOA
About This Home
As of October 2016This beautiful 5 Bedroom 5 Bath Adirondack Style home was built in 2008. The property owners, builder & architect all took great pride in the homes construction ensuring the custom, rugged finishings of a true mountain lake property. The 1.32 AC lakefront property is also home to a guest house, garage, Type-A dock & lakeside storage building. One of the most beautiful homes on Deep Creek Lake!
Last Agent to Sell the Property
(301) 501-0735 jbell@railey.com Railey Realty, Inc. Listed on: 06/10/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,158
Year Built
- Built in 2008
Lot Details
- 1.32 Acre Lot
- 152 Feet of Waterfront
- Home fronts navigable water
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Contemporary Architecture
- Wood Siding
- Stone Siding
Interior Spaces
- Property has 3 Levels
- Built-In Features
- Ceiling Fan
- 3 Fireplaces
- Fireplace With Glass Doors
- Window Treatments
- Window Screens
- Family Room
- Living Room
- Dining Room
- Open Floorplan
- Sun or Florida Room
- Water Views
Kitchen
- Stove
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Connecting Stairway
- Exterior Basement Entry
Outdoor Features
- Water Access
- Property is near a lake
- 2 Dock Slips
- Physical Dock Slip Conveys
- 2 Powered Boats Permitted
- 1 Non-Powered Boats Permitted
- Storage Shed
Schools
- Southern Middle School
- Southern Garrett High School
Utilities
- Cooling System Utilizes Bottled Gas
- Forced Air Heating and Cooling System
- Water Dispenser
- Well
- Electric Water Heater
- Septic Less Than The Number Of Bedrooms
- Septic Tank
Community Details
- No Home Owners Association
- Built by JEFF GOSNELL
- Penn Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 1218025973
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2016
Closed on
Oct 7, 2016
Sold by
Hess Charles F and Hess Karen I
Bought by
Colburn Martin P
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Rich Orr
Railey Realty, Inc.
List Price
$1,999,900
Sold Price
$1,500,000
Premium/Discount to List
-$499,900
-25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,454,840
Avg. Annual Appreciation
7.82%
Purchase Details
Closed on
Mar 9, 1998
Sold by
Brown Mark L and Brown Suzanne C
Bought by
Hess Charles F and Hess Karen I
Purchase Details
Closed on
Mar 14, 1984
Sold by
Linepensel Charles and Linepensel Ethel J
Bought by
Brown Mark L and Brown Suzanne C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colburn Martin P | $1,500,000 | Deep Creek Title Group | |
| Hess Charles F | $315,000 | -- | |
| Brown Mark L | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Hess Charles F | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2016 10/07/16 | Sold | $1,500,000 | -19.4% | $530 / Sq Ft |
| 09/09/2016 09/09/16 | Pending | -- | -- | -- |
| 08/16/2016 08/16/16 | Price Changed | $1,859,900 | -7.0% | $657 / Sq Ft |
| 06/10/2016 06/10/16 | For Sale | $1,999,900 | -- | $706 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $23,767 | $2,801,300 | $575,300 | $2,226,000 |
| 2024 | $23,344 | $2,459,267 | $0 | $0 |
| 2023 | $22,216 | $2,117,233 | $0 | $0 |
| 2022 | $20,824 | $1,775,200 | $516,300 | $1,258,900 |
| 2021 | $20,555 | $1,752,167 | $0 | $0 |
| 2020 | $20,196 | $1,729,133 | $0 | $0 |
| 2019 | $20,017 | $1,706,100 | $516,300 | $1,189,800 |
| 2018 | $15,969 | $1,443,800 | $0 | $0 |
| 2017 | $15,095 | $1,523,300 | $0 | $0 |
| 2016 | -- | $1,284,800 | $0 | $0 |
| 2015 | -- | $1,284,800 | $0 | $0 |
| 2014 | -- | $1,284,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Bell
-
Rich Orr
Buyer's Agent in 2016
Rich Orr
Railey Realty, Inc.
(301) 616-2527
198 Total Sales
Map
Source: Bright MLS
MLS Number: 1003914925
APN: 18-025973
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