NOT LISTED FOR SALE

240 Paradise Acres Rd Oakland, MD 21550

Estimated Value: $645,248 - $902,000

3 Beds
2 Baths
2,059 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $352,000 $171 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,379/month

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Sandy Beach
  • Water Views
  • Water Access
  • Spa

About This Home

As of May 2017

Charming 3 bedroom A-frame with a deeded dock slip! This beautiful lake access home is the perfect Deep Creek Lake getaway. Two living spaces, oversized deck with phenomenal views and a dock slip located directly in front of the home. This is a MUST SEE property that is priced to sell!

Last Agent to Sell the Property

Nina Beitzel

(724) 272-8454 nbeitzel@railey.com Railey Realty, Inc. Listed on: 03/23/2017

Railey Realty, Inc.

Last Buyer's Agent

Mike Kennedy

(301) 616-6106 mkennedy@railey.com Railey Realty, Inc. License #529372

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1970

Lot Details

  • 0.46 Acre Lot
  • Home fronts navigable water
  • Sandy Beach

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • A-Frame Home
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Water Access
  • Property is near a lake
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck
  • Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Paradise Acres Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 1218026333

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 1970

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame, Loft
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1970
  • Remarks Public: Charming 3 bedroom A-frame with a deeded dock slip! This beautiful lake access home is the perfect Deep Creek Lake getaway. Two living spaces, oversized deck with phenomenal views and a dock slip located directly in front of the home. This is a MUST SEE property that is priced to sell!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Microwave, Oven - Single, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Dining/Living, Family Room Off Kitchen, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 240

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Shingle Siding, Wood Siding
  • Dock Type: Single Slip
  • Exterior Features: Hot Tub
  • Pool Private: No
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • 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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558

Lot Info

  • Improvement Assessed Value: 182300.00
  • Land Assessed Value: 71200.00
  • Lot Size Acres: 0.46
  • Lot Size Area: 20037
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15665526
  • Tax Annual Amount: 2836.55
  • Assessor Parcel Number: 1218026333
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 2059
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/10/2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Shared, Sandy Beach

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 10, 2017
Sold by
Moot John S
Bought by
Mathew Sunil and Mathew Sheila
Seller's Agent
Nina Beitzel
Railey Realty, Inc.
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$339,000
Sold Price
$352,000
Premium/Discount to List
$13,000
3.83%
Current Estimated Value
$727,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,562
Avg. Annual Appreciation
9.01%
Original Mortgage
$252,000
Outstanding Balance
$209,799
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$517,763

Purchase Details

Listed on
Mar 23, 2017
Closed on
Mar 23, 2017
Sold by
Hennessey Stacy L
Bought by
Moot John S
Seller's Agent
Nina Beitzel
Railey Realty, Inc.
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$339,000
Sold Price
$352,000
Premium/Discount to List
$13,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$209,799
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$517,763

Purchase Details

Closed on
Oct 10, 2000
Sold by
Chafin Larry W and Chafin Debra V
Bought by
Moot John S and Hennessey Stacy L

Purchase Details

Closed on
May 23, 2000
Sold by
Jones Robert A and Jones Kathleen K
Bought by
Chafin Larry W and Chafin Debra

Purchase Details

Closed on
May 13, 1997
Sold by
Frech Susan L
Bought by
Jones Robert A and Jones Kathleen K

Purchase Details

Closed on
May 31, 1995
Sold by
James O Renfrew Trust
Bought by
Frech Susan L and Renfrew James W

Purchase Details

Closed on
Sep 8, 1994
Sold by
Renfrew James O and Renfrew Margaret E
Bought by
James O Renfrew Trust and Et Al Trsts
Source: Public Records

Range of Values:

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Average Value
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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
Mathew Sunil $352,000 Deep Creek Title Group
Moot John S -- None Available
Moot John S $215,000 --
Chafin Larry W $164,000 --
Jones Robert A $95,000 --
Frech Susan L -- --
James O Renfrew Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathew Sunil $252,000
Closed Jones Robert A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $352,000 +3.8% $171 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $339,000 -- $165 / 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 $5,796 $509,400 $101,200 $408,200
2024 $5,239 $445,967 $0 $0
2023 $4,498 $382,533 $0 $0
2022 $3,757 $319,100 $71,200 $247,900
2021 $3,502 $297,233 $0 $0
2020 $3,246 $275,367 $0 $0
2019 $2,991 $253,500 $71,200 $182,300
2018 $2,823 $253,500 $71,200 $182,300
2017 $2,824 $253,500 $0 $0
2016 -- $257,400 $0 $0
2015 -- $257,400 $0 $0
2014 -- $257,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003181979

Bright MLS

APN: 18-026333