NOT LISTED FOR SALE

25 Arrowhead Ln Oakland, MD 21550

Estimated Value: $587,000 - $746,838

3 Beds
3 Baths
2,050 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2012

Last sale price $377,000 $184 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,747 / mo

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Sauna
  • Water Views
  • Water Access
  • Lake Privileges

About This Home

As of May 2012

3-Level Lakefront Condo with dock slip! Located next to Deep Creek Lake's cinemas, Arrowhead Market and UNOS's convenience all around. 3 Bedrooms and 3 Baths with 2,050 sq ft of living space! relax on either two of the Lakefront Decks taking in the serene views.This unit is Sold Turn Key, ready for your occupancy

Last Agent to Sell the Property

Rich Orr

(301) 387-2000 rorr@railey.com Railey Realty, Inc. License #34181 Listed on: 03/13/2012

Railey Realty, Inc.

Last Buyer's Agent

Jay Ferguson

(301) 387-4700 terah@deepcreeksales.com Taylor Made Deep Creek Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1988

Lot Details

  • Home fronts navigable water
  • Two or More Common Walls
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Fiberglass Roof
  • Cedar

Interior Spaces

  • 2,050 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Includes Fireplace Accessories
  • Window Treatments
  • Combination Dining and Living Room
  • Game Room
  • Sauna
  • Wood Flooring
  • Water Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 25
  • Assessor Parcel Number 1218042754

Community Details

Overview

  • Association fees include lawn maintenance, pier/dock maintenance, road maintenance, snow removal, trash
  • Arrowhead Condominiums HOA
  • Arrowhead Community

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,874

Year Built

Built in 1988

Lot Details

1 Acres

HOA Fees

$328 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Split Level, Loft
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Window Treatments, Primary Bath(s), Sauna, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: 1st Floor
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2050
  • Living Area Sq Ft: 2050
  • Price Per Sq Ft: 192.68
  • Above Grade Finished Sq Ft: 2050
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Roof: Fiberglass
  • View: Water
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well-Shared

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 328.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pier/Dock Maintenance, Road Maintenance, Snow Removal, Trash
  • HOA Name: ARROWHEAD CONDOMINIUMS
  • HOA: No

Lot Info

  • Lot Features: Trees/Wooded
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Metering: Fully Separate

Tax Info

  • Assessor Parcel Number: 15660413
  • Tax Annual Amount: 4874.50
  • Assessor Parcel Number: 1218042754
  • Tax Lot: 25
  • Tax Page Number: 96
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2012
Closed on
May 4, 2012
Sold by
Lancelotta Frank R and The Frank R Lancelotta Jr Revo
Bought by
Mascari Salvatore M and Mascari Michele A
Seller's Agent
Rich Orr
Railey Realty, Inc.
Buyer's Agent
Jay Ferguson
Taylor Made Deep Creek Real Estate
Sold Price
$377,000
Current Estimated Value
$682,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,460
Avg. Annual Appreciation
4.36%
Original Mortgage
$299,600
Outstanding Balance
$208,646
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$473,814

Purchase Details

Closed on
Oct 30, 2006
Sold by
Panaro Shawn S and Panaro Mary J
Bought by
Lancelotta Frank R Jr Trstee

Purchase Details

Closed on
Oct 26, 2006
Sold by
Panaro Shawn S and Panaro Mary J
Bought by
Lancelotta Frank R Jr Trstee and Frank R Lancelotta Jr Rev Trst

Purchase Details

Closed on
Dec 14, 1998
Sold by
Tosten Monnie C
Bought by
Panaro Shawn S and Panaro Mary J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mascari Salvatore M $377,000 Sage Title Group Llc
Lancelotta Frank R Jr Trstee $370,000 --
Lancelotta Frank R Jr Trstee $370,000 --
Panaro Shawn S $146,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mascari Salvatore M $299,600
Closed Panaro Shawn S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Sold $377,000 -- $184 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
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 $8,910 $695,000 $160,000 $535,000
2024 $7,614 $573,333 $0 $0
2023 $6,043 $451,667 $0 $0
2022 $4,448 $330,000 $50,000 $280,000
2021 $4,481 $330,000 $50,000 $280,000
2020 $4,481 $330,000 $50,000 $280,000
2019 $4,481 $330,000 $50,000 $280,000
2018 $4,263 $330,000 $50,000 $280,000
2017 $4,692 $330,000 $0 $0
2016 -- $370,000 $0 $0
2015 -- $370,000 $0 $0
2014 -- $370,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003891514

Bright MLS

APN: 18-042754

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