NOT LISTED FOR SALE

2799 Lake Shore Dr Oakland, MD 21550

Estimated Value: $1,247,000 - $2,191,000

3 Beds
2 Baths
1,600 Sq Ft
$999/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $695,000 $434 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $9,703/month

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Chalet
  • Water Views
  • Water Access
  • Deck

About This Home

As of November 2013

Built in 2008 by Eric Paugh, this charming lakefront home is situated among beautiful hemlocks, large boulders, and a small stream. The western exposure from Lake Shore Drive is a coveted location within the resort. Plank flooring with square cut nails, cathedral ceilings of stained and varnished paneling, and the covered porch facing the lake make this a home you'll fall in love with!

Last Agent to Sell the Property

Ed King

Taylor Made Deep Creek Vacations & Sales Listed on: 07/23/2013

Co-Listed By

Doug McClive

Taylor Made Deep Creek Vacations & Sales License #573211

Last Buyer's Agent

Jon Bell

Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,547

Year Built

  • Built in 2008

Lot Details

  • 0.59 Acre Lot
  • Home fronts navigable water
  • West Facing Home
  • Wooded Lot
  • Property is in very good condition

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Frame Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by ERIC PAUGH

Listing and Financial Details

  • Assessor Parcel Number 1218031655

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,547

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Historic: No
  • 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: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Oven/Range - Electric
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Eat-In, Window Treatments, Entry Level Bedroom, Wood Floors
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 450.00
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Dock Type: Type A
  • Construction Completed: No
  • View: Water, Scenic Vista
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 211400.00
  • Land Assessed Value: 524100.00
  • Lot Features: Stream/Creek, Trees/Wooded
  • Lot Size Acres: 0.59
  • Lot Size Area: 25510
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25510.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R

Building Info

  • Builder Name: ERIC PAUGH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15662274
  • Tax Annual Amount: 8546.51
  • Assessor Parcel Number: 1218031655
  • Tax Page Number: 99
  • Tax Total Finished Sq Ft: 1512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/25/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2013
Closed on
Jan 24, 2014
Sold by
Hamilton William G and Hamilton Susan E
Bought by
Lakeshore House Llc
Seller's Agent
Ed King
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$720,000
Sold Price
$695,000
Premium/Discount to List
-$25,000
-3.47%
Current Estimated Value
$1,598,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,650
Avg. Annual Appreciation
7.11%
Original Mortgage
$556,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2013
Closed on
Nov 25, 2013
Sold by
Darby Elizabeth A
Bought by
Hamilton William G and Hamilton Susan E
Seller's Agent
Ed King
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$720,000
Sold Price
$695,000
Premium/Discount to List
-$25,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lakeshore House Llc -- Deep Creek Title Group
Hamilton William G $695,000 Deep Creek Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton William G $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $695,000 -3.5% $434 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $720,000 -- $450 / 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 $14,219 $1,203,000 $435,300 $767,700
2024 $12,813 $1,043,433 $0 $0
2023 $10,942 $883,867 $0 $0
2022 $9,039 $724,300 $379,100 $345,200
2021 $9,028 $717,633 $0 $0
2020 $8,944 $710,967 $0 $0
2019 $8,860 $704,300 $379,100 $325,200
2018 $6,640 $557,100 $379,100 $178,000
2017 $6,585 $557,100 $0 $0
2016 -- $562,900 $0 $0
2015 -- $562,900 $0 $0
2014 -- $562,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Ed King

    Taylor Made Deep Creek Vacations & Sales

  • D

    Seller Co-Listing Agent in 2013

    Doug McClive

    Taylor Made Deep Creek Vacations & Sales

    Section Image
  • Jon Bell

    Buyer's Agent in 2013

    Jon Bell

    Railey Realty, Inc.

    (301) 501-0735

    173 in this area

    699 Total Sales

    Jon Bell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003634874

Bright MLS

APN: 18-031655

Maryland Garrett County Oakland 21550

2799 Lake Shore Dr, Oakland, MD

This home is located at 2799 Lake Shore Dr, Oakland, MD 21550 since 23 July 2013 and is currently estimated at $1,598,650, approximately $999 per square foot. This property was built in 2008. 2799 Lake Shore Dr is a home located in Garrett County with nearby schools including Broad Ford Elementary School, Southern Middle School, and Southern Garrett High School.

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