NOT LISTED FOR SALE

2899 Marsh Hill Rd McHenry, MD 21541

Estimated Value: $1,159,897 - $1,440,000

5 Beds
4 Baths
3,276 Sq Ft
$392/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $745,000 $227 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,171/month

432 Days on Market

Highlights

  • Lake Front
  • 1 Dock Slip
  • Spa
  • Accident Elementary School Rated 9+
  • Water Access
  • Fishing Allowed

About This Home

As of September 2020

This beautiful lakefront home (with dock) has an incredible amount of space and is being sold fully furnished/turn-key for only $775,000..! The property was designed and built specifically for producing Vacation Rental Income - The layout is perfect for large gatherings of family & friends - This is one of the Deep Creek Lake area's best Vacation Rental Properties!Located at the end of a private street, the multiple level home offers an absolutely beautiful, private location on a secluded, deep water cove. No thru traffic - Year round flowing streams - Park like setting - Lakefront - Minutes from the Wisp Resort - This is the perfect 4 season location! The home will not last long at this price -Call today!

Last Agent to Sell the Property

Jon Bell

Railey Realty, Inc. Listed on: 05/17/2019

Railey Realty, Inc.

Co-Listed By

Kathy Gibson

Railey Realty, Inc.

Last Buyer's Agent

Karen Myers

Taylor Made Deep Creek Vacations & Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,463

Year Built

  • Built in 1997

Lot Details

  • 2.11 Acre Lot
  • Lake Front
  • Home fronts navigable water

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Home Gym
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Spa
  • Water Access
  • Property is near a lake
  • Swimming Allowed
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Shared Waterfront
  • Deck
  • Patio

Schools

  • Northern Middle School
  • Northern Garrett High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1218066408

Community Details

Overview

  • Waters Edge At Wisp Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,463

Year Built

Built in 1997

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful lakefront home (with dock) has an incredible amount of space and is being sold fully furnished/turn-key for only $775,000..! The property was designed and built specifically for producing Vacation Rental Income - The layout is perfect for large gatherings of family & friends - This is one of the Deep Creek Lake area's best Vacation Rental Properties!Located at the end of a private street, the multiple level home offers an absolutely beautiful, private location on a secluded, deep water cove. No thru traffic - Year round flowing streams - Park like setting - Lakefront - Minutes from the Wisp Resort - This is the perfect 4 season location! The home will not last long at this price -Call today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Washer, Cooktop, Dishwasher, Exhaust Fan, Freezer, Humidifier, Disposal, Refrigerator, Icemaker, Stove, Extra Refrigerator/Freezer
  • Interior Amenities: Built-Ins, Combination Dining/Living, Entry Level Bedroom, Window Treatments, Wood Floors, Ceiling Fan(s)
  • Window Features: Screens, Storm
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Bedroom 1, Exercise Room, Great Room, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4148
  • Living Area Sq Ft: 3276
  • Price Per Sq Ft: 358.13
  • Above Grade Finished Sq Ft: 2164
  • Below Grade Finished Sq Ft: 1112
  • Below Grade Sq Ft: 872
  • Total Below Grade Sq Ft: 1984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2899

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Hot Tub
  • View: Water
  • Water Access Features: Fishing Allowed, Swimming Allowed
  • 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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists, Septic < # Of Br
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 304.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: NORTHERN
  • High School: NORTHERN GARRETT HIGH
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139907558
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: NORTHERN GARRETT HIGH
  • Middle Or Junior School: NORTHERN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 344000.00
  • Land Assessed Value: 186700.00
  • Land Use Code: 008
  • Lot Size Acres: 2.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 91911.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Year Assessed: 2020
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15666630
  • Tax Annual Amount: 6463.00
  • Assessor Parcel Number: 1218066408
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 3276
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/21/2020

Multi Family

  • Waterfront Features: Shared

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 21, 2020
Sold by
Haas Robert F and Haas Louise A
Bought by
Bohaty Rochelle F H and Bohaty Andrew K
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Karen Myers
Taylor Made Deep Creek Vacations & Sales
List Price
$775,000
Sold Price
$745,000
Premium/Discount to List
-$30,000
-3.87%
Total Days on Market
432
Current Estimated Value
$1,282,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,974
Avg. Annual Appreciation
11.28%
Original Mortgage
$558,750
Outstanding Balance
$509,172
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$722,010

Purchase Details

Closed on
Mar 4, 1997
Sold by
D C Development Llc
Bought by
Haas Robert F and Haas Louise A
Source: Public Records

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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
Bohaty Rochelle F H $745,000 Centerview Title Group Llc
Haas Robert F $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohaty Rochelle F H $558,750
Previous Owner Haas Robert F $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $745,000 -3.9% $227 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
05/17/2019 05/17/19 For Sale $775,000 -- $237 / 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
2024 $11,327 $852,933 $0 $0
2023 $9,515 $711,100 $186,700 $524,400
2022 $8,775 $650,967 $0 $0
2021 $8,024 $590,833 $0 $0
2020 $7,207 $530,700 $186,700 $344,000
2019 $7,207 $530,700 $186,700 $344,000
2018 $6,856 $530,700 $186,700 $344,000
2017 $6,567 $535,900 $0 $0
2016 -- $535,467 $0 $0
2015 -- $535,033 $0 $0
2014 -- $534,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA130490

Bright MLS

APN: 18-066408