NOT LISTED FOR SALE

1983 Lake Shore Dr Oakland, MD 21550

Estimated Value: $2,173,544 - $2,742,000

5 Beds
6.5 Baths
4,074 Sq Ft
$590/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $2,050,000 $503 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,894/month

236 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fishing Allowed
  • No HOA
  • 2 Dock Slips
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of December 2023

Beautifully remodeled 5 bedroom 6 and a half bath lakefront home!!!! This home sits on 100 feet of perfect lakefront. It has 5 suits style bedrooms. Each with their own full private bathroom. Tucked back off the main lake just enough to enjoy the waterfront with low boat traffic. It is currently in the rental pool under " Lakeshore livin". When you're not enjoying the beautiful lakefront, you can take in a movie in the private theater or spend some time in the game room!!! This home is minutes away from all Deep Creek Activities!!! House is offered turnkey, so you won't miss out on rental income!!!

Last Agent to Sell the Property

Randy Ritchie

Taylor Made Deep Creek Vacations & Sales Listed on: 03/26/2023

Last Buyer's Agent

Brian Homberg

Taylor Made Deep Creek Vacations & Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,866

Year Built

  • Built in 2000 | Remodeled in 2022

Lot Details

  • 0.49 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Personal Watercraft
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1218031760

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,866

Year Built

Built in 2000 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Disposal, Dishwasher, Dryer
  • Foundation Details: Stone, Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 4334
  • Living Area Sq Ft: 4074
  • Price Per Sq Ft: 881.23
  • Above Grade Finished Sq Ft: 2610
  • Below Grade Finished Sq Ft: 1464
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 1724
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1983

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 7.00
  • Main Level Full Bathrooms: 6
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Deep Creek
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air, Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Sewer Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21160.00
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14866.00
  • Assessor Parcel Number: 1218031760
  • Tax Total Finished Sq Ft: 4074
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 12/28/2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2023
Closed on
Dec 27, 2023
Sold by
Cmg Trust and Gentile Charles C
Bought by
Lakeshore Living Llc
Seller's Agent
Randy Ritchie
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Brian Homberg
Taylor Made Deep Creek Vacations & Sales
List Price
$2,850,000
Sold Price
$2,050,000
Premium/Discount to List
-$800,000
-28.07%
Views
273
Current Estimated Value
$2,405,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,386
Avg. Annual Appreciation
9.74%
Original Mortgage
$1,742,500
Outstanding Balance
$1,714,723
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$690,663

Purchase Details

Listed on
Aug 9, 2022
Closed on
Aug 7, 2022
Sold by
Inogen Heather Dorothy Mary
Bought by
Cmg Trust
Seller's Agent
Randy Ritchie
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Randy Ritchie
Taylor Made Deep Creek Vacations & Sales
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.39%
Original Mortgage
$2,500,000
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 9, 2004
Sold by
Edmonds Jack T and Edmonds Janice Z
Bought by
Heather Richard M and Heather Dorothy M

Purchase Details

Closed on
Mar 19, 1998
Sold by
Edmonds Jack T and Edmonds Janice Z
Bought by
Edmonds Jack T and Edmonds Janice Z

Purchase Details

Closed on
Feb 25, 1998
Sold by
Gosnell Jeffrey T and Gosnell Sherry L
Bought by
Edmonds Jack T and Edmonds Janice Z

Purchase Details

Closed on
Jan 5, 1998
Sold by
Nuce Donald A
Bought by
Gosnell Jeffrey T and Gosnell Sherry L

Purchase Details

Closed on
Jun 27, 1996
Sold by
Madge M Nuce Revocable Trust
Bought by
Nuce Donald A and Nuce Steven L
Source: Public Records

Range of Values:

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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
Lakeshore Living Llc $2,050,000 Lake Title
Cmg Trust $2,500,000 Collins David R
Cmg Trust $2,500,000 Collins David R
Heather Richard M $1,350,000 --
Edmonds Jack T -- --
Edmonds Jack T $253,500 --
Gosnell Jeffrey T $200,000 --
Nuce Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakeshore Living Llc $1,742,500
Previous Owner Cmg Trust $2,500,000
Closed Gosnell Jeffrey T --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $2,050,000 -10.9% $503 / Sq Ft
11/07/2023 11/07/23 Price Changed $2,299,999 -8.0% $565 / Sq Ft
09/07/2023 09/07/23 Price Changed $2,499,000 -7.1% $613 / Sq Ft
08/23/2023 08/23/23 Price Changed $2,690,000 -2.2% $660 / Sq Ft
06/28/2023 06/28/23 Price Changed $2,750,000 -1.8% $675 / Sq Ft
06/07/2023 06/07/23 Price Changed $2,800,000 -1.8% $687 / Sq Ft
03/26/2023 03/26/23 For Sale $2,850,000 +14.0% $700 / Sq Ft
08/10/2022 08/10/22 Sold $2,500,000 0.0% $613 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $2,500,000 -- $613 / 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 $24,935 $2,109,600 $468,000 $1,641,600
2024 $22,147 $1,803,467 $0 $0
2023 $18,537 $1,497,333 $0 $0
2022 $14,866 $1,191,200 $407,400 $783,800
2021 $14,662 $1,165,467 $0 $0
2020 $14,338 $1,139,733 $0 $0
2019 $13,646 $1,114,000 $407,400 $706,600
2018 $13,278 $1,114,000 $407,400 $706,600
2017 $13,249 $1,114,000 $0 $0
2016 -- $1,126,000 $0 $0
2015 -- $1,126,000 $0 $0
2014 -- $1,126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2004690

Bright MLS

APN: 18-031760