NOT LISTED FOR SALE

257 Marsh Hill Rd Unit 15 McHenry, MD 21541

Estimated Value: $391,000 - $475,000

3 Beds
3.5 Baths
1,314 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $225,000 $171 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,009/month

Highlights

  • 200 Feet of Waterfront
  • Boat Dock
  • Spa
  • Accident Elementary School Rated 9+
  • Pier
  • Open Floorplan

About This Home

As of June 2018

Well maintained, tastefully decorated, with excellent rental history. Walk to the Wisp with views of the mountain and water access/pier, tennis court, and ample parking. Slip available through the condo association. 8 person hot tub off lower level deck, decks off the upper and main level. Totally equipped, furniture, electronics, all kitchen items convey. Totally set up to enjoy or rent.

Last Agent to Sell the Property

Darlene DeCapite

(410) 507-0963 darlene.decapite@lnf.com Long & Foster Real Estate, Inc. License #509829 Listed on: 03/20/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Larry Smith

(301) 501-5564 lsmith@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 2002

Lot Details

  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Two or More Common Walls
  • Sloped Lot
  • Property is in very good condition

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,314 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Utility Room
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Pier
  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • Waiting List for boat docks or slips
  • Floating Dock
  • Dock made with Vinyl Clad Material
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Bottled Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 15
  • Assessor Parcel Number 1218069687

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn maintenance, management, insurance, reserve funds, road maintenance, snow removal, trash
  • Deep Creek Village HOA
  • Deep Creek Village Condo Asso. Community
  • Deep Creek Village Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Pier or Dock
  • 10 Community Slips
  • Tennis Courts

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,535

Year Built

Built in 2002

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Furniture Conveys
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Remarks Public: Well maintained, tastefully decorated, with excellent rental history. Walk to the Wisp with views of the mountain and water access/pier, tennis court, and ample parking. Slip available through the condo association. 8 person hot tub off lower level deck, decks off the upper and main level. Totally equipped, furniture, electronics, all kitchen items convey. Totally set up to enjoy or rent.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Dryer - Front Loading, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Window Treatments, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Equipment, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Townhouse
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Utility Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1314
  • Living Area Sq Ft: 1314
  • Price Per Sq Ft: 182.65
  • Above Grade Finished Sq Ft: 1314
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 257

Beds/Baths

  • Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Hot Tub, Tennis Court(s), Street Lights
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Monthly Average Electric: 137
  • Previous Twelve Months Electric Expense: 1642.00
  • Gas Avg Month: 71.67
  • Gas Prev12 Months: 860.00
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Monthly Water Average: 80
  • Water Previous Twelve Months: 958.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Pier/Dock, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA Name: DEEP CREEK VILLAGE
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Green Sustainability: Onsite Recycling Center

Lot Info

  • Improvement Assessed Value: 184000.00
  • Land Assessed Value: 46000.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 11938.00
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: Waiting List
  • Waterfront Features: Shared

Tax Info

  • Assessor Parcel Number: 15667535
  • Tax Annual Amount: 2534.60
  • Assessor Parcel Number: 1218069687
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 1314
  • Tax Year: 2015
  • Close Date: 06/25/2018

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 25, 2018
Sold by
Decapite Agostino and Decapite Darlene
Bought by
Armstrong Angela and Miller Scott
Seller's Agent
Darlene DeCapite
Long & Foster Real Estate, Inc.
Buyer's Agent
Larry Smith
Railey Realty, Inc.
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$441,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,184
Avg. Annual Appreciation
9.68%
Original Mortgage
$157,500
Outstanding Balance
$136,211
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$304,973

Purchase Details

Closed on
Jul 23, 2002
Sold by
Deep Creek Village Development Cor
Bought by
Decapite Agostino and Decapite Darlene
Source: Public Records

Range of Values:

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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
Armstrong Angela $225,000 Deep Creek Title Group
Decapite Agostino $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Angela $157,500
Closed Decapite Agostino --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $225,000 -6.3% $171 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
03/20/2017 03/20/17 For Sale $240,000 -- $183 / 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 $4,936 $385,000 $0 $0
2024 $3,984 $300,000 $0 $0
2023 $2,877 $215,000 $43,000 $172,000
2022 $2,898 $215,000 $43,000 $172,000
2021 $2,920 $215,000 $43,000 $172,000
2020 $2,920 $215,000 $43,000 $172,000
2019 $2,920 $215,000 $43,000 $172,000
2018 $2,778 $215,000 $43,000 $172,000
2017 $2,821 $230,000 $0 $0
2016 -- $230,000 $0 $0
2015 -- $230,000 $0 $0
2014 -- $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003667907

Bright MLS

APN: 18-069687