NOT LISTED FOR SALE

234 Lake Pointe Dr Mc Henry, MD 21541

Estimated Value: $1,074,000 - $1,341,000

4 Beds
3 Baths
3,220 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $770,000 $239 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,378/month

39 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Dock Slip
  • Lake Privileges
  • Accident Elementary School Rated 9+
  • Pier or Dock
  • Community Lake

About This Home

As of October 2020

The ultimate location for a vacation home - right on the water and near the base of the ski slopes and golf course! This 4BR/3BA lakefront log home is in the coveted Lake Pointe community. Chalet style with inviting fireplace & a spacious upper and lower deck areas. Deep Creek Lake & dock slip in the front & HUGE views of Wisp Resort out the back! Successful vacation rental property "Mountain Memories". $40k+ in rental income for 2020. Want a better view? There are trees & branches on the property that can be trimmed/cut to improve the view. Verify with DNR.

Last Agent to Sell the Property

Jay Ferguson

(301) 387-4700 jay@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales Listed on: 07/15/2020

Last Buyer's Agent

Terah Crawford

(301) 387-4700 terah@deepcreekvacations.com Taylor Made Deep Creek Vacations & Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,177

Year Built

  • Built in 1998 | Remodeled in 2014

Lot Details

  • 10,018 Sq Ft Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Sloped Lot
  • Property is in very good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Log Cabin
  • Shingle Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Water Views

Bedrooms and Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Water Access
  • Property is near a lake
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Lake Privileges

Schools

  • Northern Middle School
  • Northern Garrett High School

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 1218064286

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • Lake Pointe At Wisp HOA
  • Lake Pointe At Wisp Community
  • Lake Pointe At Wisp Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area

Recreation

  • Pier or Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,177

Year Built

Built in 1998 | Remodeled in 2014

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Full, Fully Finished
  • Total Sq Ft: 3220
  • Living Area Sq Ft: 3220
  • Price Per Sq Ft: 413.56
  • Above Grade Finished Sq Ft: 1932
  • Below Grade Finished Sq Ft: 1288
  • Total Below Grade Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log, Stone
  • Roof: Shingle
  • Spa: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air, Hot Water, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Lake, Pier/Dock, Water/Lake Privileges, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA Name: LAKE POINTE AT WISP
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: NORTHERN GARRETT HIGH
  • Middle Or Junior School: NORTHERN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 15661598
  • Tax Annual Amount: 7177.00
  • Assessor Parcel Number: 1218064286
  • Tax Year: 2020

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 2, 2020
Sold by
Collingham Rebecca D
Bought by
Torrisi Michael Robert and Drassinower Daphnie
Seller's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Terah Crawford
Taylor Made Deep Creek Vacations & Sales
List Price
$799,000
Sold Price
$770,000
Premium/Discount to List
-$29,000
-3.63%
Current Estimated Value
$1,194,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,536
Avg. Annual Appreciation
8.62%
Original Mortgage
$105,600
Outstanding Balance
$93,926
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,100,610

Purchase Details

Closed on
Sep 27, 2004
Sold by
Bachman Joseph J and Bachman Jody L
Bought by
Collingham David R and Collingham Rebecca D

Purchase Details

Closed on
Sep 17, 2001
Sold by
Peterson Bruce D and Peterson Kimberly O
Bought by
Bachman Josephj and Bachman Jody L

Purchase Details

Closed on
Dec 11, 1996
Sold by
Lake Pointe Associates Llc
Bought by
Peterson Bruce D and Peterson Kimberly O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Torrisi Michael Robert $770,000 Lake Title Llc
Collingham David R $739,000 --
Bachman Josephj $457,500 --
Peterson Bruce D $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrisi Michael Robert $105,600
Closed Peterson Bruce D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $770,000 -3.6% $239 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $799,000 -- $248 / Sq Ft
Source: Bright MLS

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 $12,964 $1,011,267 $0 $0
2024 $11,243 $846,633 $0 $0
2023 $9,125 $682,000 $295,000 $387,000
2022 $8,777 $651,100 $0 $0
2020 $8,003 $589,300 $295,000 $294,300
2019 $8,003 $589,300 $295,000 $294,300
2018 $7,613 $589,300 $295,000 $294,300
2017 $7,287 $594,200 $0 $0
2016 -- $594,200 $0 $0
2015 -- $594,200 $0 $0
2014 -- $645,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA133024

Bright MLS

APN: 18-064286