NOT LISTED FOR SALE

29 Lakefront Links Dr Swanton, MD 21561

Estimated Value: $2,357,000 - $3,521,000

6 Beds
5.5 Baths
6,460 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $2,300,000 $356 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,979/month

Highlights

  • 100 Feet of Waterfront
  • Golf Course Community
  • Tennis Courts
  • Boat Dock
  • Indoor Pool
  • Fishing Allowed

About This Home

As of April 2021

Located in the popular and sought after Waterfront Greens Community, this 6 bedroom/5.5 bath lake front gem will amaze you! With over 6000 square feet of estimated finished living space, you will see "true pride in ownership." The open floor plan, along with the many extras make this location your dream lake front home. A few of the outstanding features are the two story fireplace and postcard lake views throughout. The upscale kitchen includes granite countertops, a large island, along with stainless steel appliances. There is a separate dining area, main floor game room and the primary bedroom suite with lake views is on the main floor, as well. Access to the great lake front and grand patio are many, and, don't forget the indoor swimming pool with views of the lake! While swimming or lounging, bask in the natural sunlight in the lovely pool area. A full bath is located in the pool room and can be accessed from a day on the lake. Conveniently, the home comes with a boat slip at the back door. Now, add in the strong vacation rental history! In 2020 it grossed $177K in vacation rentals, with 2021 already showing $159K in rents, with expectations of rental income near $200K. The current owner has maintained and updated the property each year. In 2018 another swimming pool liner was installed, as well as, evolving indoor furniture replacement. The lakefront hot tub was replaced in 2019, along with the exterior of the home being painted, carpeting was replaced in the game room, as was, game tables. In 2020, stainless steel kitchen appliances were installed, the lakefront fire pit was replaced, a retractable patio awning installed and both HVAC units were replaced. 2021 is no different. A state of the art DEXTRON dehumidification system is being installed in the swimming pool room. All pool side windows and doors are being replaced, along with the interior walls of the pool being installed with maintenance free wall coverings and all interior lighting replaced. WOW, as you can see the Owner maintains this home. Don't miss out on this opportunity. Make this lake front home yours! Memories await!!

Last Agent to Sell the Property

Terry Boggs

(301) 501-1218 tboggs@railey.com Railey Realty, Inc. Listed on: 02/06/2021

Railey Realty, Inc.

Last Buyer's Agent

Terry Boggs

(301) 501-1218 tboggs@railey.com Railey Realty, Inc. Listed on: 02/06/2021

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,355

Year Built

  • Built in 2005

Lot Details

  • 0.57 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Level Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is in excellent condition

HOA Fees

  • $255 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 6,460 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Heatilator
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Awning
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Loft
  • Game Room
  • Home Security System
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Off-Street Parking

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Limit On Boat Length
  • Shared Waterfront
  • Powered Boats Permitted
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Northern Middle School
  • Northern Garrett High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Underground Utilities
  • 200+ Amp Service
  • Propane
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 43
  • Assessor Parcel Number 1218073536

Community Details

Overview

  • Association fees include common area maintenance, management, pier/dock maintenance, road maintenance, snow removal
  • Waterfront Greens HOA, Phone Number (301) 501-4601
  • Waterfront Greens Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Pier or Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fishing Allowed
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,355

Year Built

Built in 2005

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Items in Owner's Closets, Some wall Art, Some Small Accent Pieces
  • Historic: No
  • Home Warranty: No
  • Inclusions: Inclusions List Available
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the popular and sought after Waterfront Greens Community, this 6 bedroom/5.5 bath lake front gem will amaze you! With over 6000 square feet of estimated finished living space, you will see "true pride in ownership." The open floor plan, along with the many extras make this location your dream lake front home. A few of the outstanding features are the two story fireplace and postcard lake views throughout. The upscale kitchen includes granite countertops, a large island, along with stainless steel appliances. There is a separate dining area, main floor game room and the primary bedroom suite with lake views is on the main floor, as well. Access to the great lake front and grand patio are many, and, don't forget the indoor swimming pool with views of the lake! While swimming or lounging, bask in the natural sunlight in the lovely pool area. A full bath is located in the pool room and can be accessed from a day on the lake. Conveniently, the home comes with a boat slip at the back door. Now, add in the strong vacation rental history! In 2020 it grossed $177K in vacation rentals, with 2021 already showing $159K in rents, with expectations of rental income near $200K. The current owner has maintained and updated the property each year. In 2018 another swimming pool liner was installed, as well as, evolving indoor furniture replacement. The lakefront hot tub was replaced in 2019, along with the exterior of the home being painted, carpeting was replaced in the game room, as was, game tables. In 2020, stainless steel kitchen appliances were installed, the lakefront fire pit was replaced, a retractable patio awning installed and both HVAC units were replaced. 2021 is no different. A state of the art DEXTRON dehumidification system is being installed in the swimming pool room. All pool side windows and doors are being replaced, along with the interior walls of the pool being installed with maintenance free wall coverings and all interior lighting replaced. WOW, as you can see the Owner maintains this home. Don't miss out on this opportunity. Make this lake front home yours! Memories await!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Window Treatments, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Heatilator, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Six Panel
  • Wall Ceiling Types: 2 Story Ceilings, Cathedral Ceilings, Dry Wall
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Foyer, Bedroom 1, Great Room, Laundry, Loft, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 6460
  • Living Area Sq Ft: 6460
  • Price Per Sq Ft: 387.00
  • Above Grade Finished Sq Ft: 6460
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Awning(s), Bbq Grill, Extensive Hardscape, Exterior Lighting, Hot Tub, Tennis Court(s)
  • Pool Features: In Ground, Indoor
  • Road Surface Type: Access - On Grade, Approved, Black Top
  • Roof: Shingle
  • Spa: No
  • View: Lake, Mountain
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Deep Creek
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane, Under Ground
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Golf Course, Non-Lake Recreational Area, Pier/Dock, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pier/Dock Maintenance, Road Maintenance, Snow Removal
  • HOA Name: WATERFRONT GREENS
  • HOA Phone: 301-501-4601
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 774800.00
  • Land Assessed Value: 375000.00
  • Land Use Code: 008
  • Lot Features: Front Yard, Landscaping, Level, No Thru Street, Rear Yard
  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25008.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15668110
  • Tax Annual Amount: 14355.00
  • Assessor Parcel Number: 1218073536
  • Tax Lot: 43
  • Tax Page Number: 108
  • Tax Total Finished Sq Ft: 6460
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/30/2021

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
Feb 6, 2021
Closed on
Apr 23, 2021
Sold by
Mann Douglas L and Mann Linda J
Bought by
Yousufuddin Ali and Khan Nikhat Nasreen
Seller's Agent
Terry Boggs
Railey Realty, Inc.
Buyer's Agent
Terry Boggs
Railey Realty, Inc.
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
$2,949,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,695
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,840,000
Outstanding Balance
$1,661,297
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,288,398

Purchase Details

Closed on
Dec 26, 2017
Sold by
Mann Douglas L and Mann Linda J
Bought by
Mann Douglas L and Mann Linda J

Purchase Details

Listed on
Aug 2, 2016
Closed on
Jun 28, 2017
Sold by
Peterson David R and Peterson Terri L
Bought by
Mann Douglas L and Mann Linda J
Seller's Agent
Rich Orr
Railey Realty, Inc.
Buyer's Agent
Terry Boggs
Railey Realty, Inc.
List Price
$1,249,000
Sold Price
$1,062,500
Premium/Discount to List
-$186,500
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$956,143
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Magaha Teena D
Bought by
Petersen David R and Petersen Terri L

Purchase Details

Closed on
Dec 15, 2006
Sold by
Magaha Teena D
Bought by
Petersen David R and Petersen Terri L

Purchase Details

Closed on
Mar 11, 2004
Sold by
Umbel Hugh D
Bought by
Magaha Teena D
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
Yousufuddin Ali $2,300,000 None Available
Mann Douglas L -- None Available
Mann Douglas L $1,062,500 Deep Creek Title Group
Petersen David R $1,465,000 --
Petersen David R $1,465,000 --
Magaha Teena D $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousufuddin Ali $1,840,000
Previous Owner Mann Douglas L $956,143
Closed Magaha Teena D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $2,300,000 -8.0% $356 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $2,500,000 +135.3% $387 / Sq Ft
06/28/2017 06/28/17 Sold $1,062,500 -8.3% $196 / Sq Ft View Prior Sale
06/04/2017 06/04/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $1,159,000 -7.2% $214 / Sq Ft
05/12/2017 05/12/17 For Sale $1,249,000 0.0% $230 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $1,249,000 -- $230 / 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 $25,030 $2,117,600 $431,200 $1,686,400
2024 $22,043 $1,795,000 $0 $0
2023 $18,228 $1,472,400 $0 $0
2022 $14,350 $1,149,800 $375,000 $774,800
2021 $14,410 $1,145,467 $0 $0
2020 $14,355 $1,141,133 $0 $0
2019 $14,301 $1,136,800 $375,000 $761,800
2018 $13,448 $1,128,267 $0 $0
2017 $13,075 $1,136,800 $0 $0
2016 -- $1,111,200 $0 $0
2015 -- $1,111,200 $0 $0
2014 -- $1,111,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA134412

Bright MLS

APN: 18-073536