NOT LISTED FOR SALE

29 Schofield Way Swanton, MD 21561

Estimated Value: $100,773 - $282,000

1.41 Acres
$116,094 Price per Acre
61,420 Sq Ft Lot

Last Sold August 28, 2017

Last sale price $65,000

Est. 171% increase in value since last sale

Current estimated payment $994/month

129 Days on Market

Highlights

  • 1 Dock Slip
  • Canoe or Kayak Water Access
  • Private Lot
  • Home fronts navigable water
  • Fishing Allowed
  • No HOA

About This Lot

As of August 2017

LOCATED IN THE QUIET SOUTHERN PART OF DEEP CREEK LAKE YOU WILL FIND THIS LEVEL 1.41 LAKE ACCESS LOT WITH ABILITY TO HAVE YOUR OWN BOAT SLIP. THREE BEDROOM SEPTIC SYSTEM AND WELL ARE IN PLACE WITH ELECTRIC TO PROPERTY LINE. LEVEL EASY WALK TO LAKE. MAKE THIS LOCATION THE SITE FOR YOUR LAKE GETAWAY HOME.

Last Agent to Sell the Property

Terry Boggs

(301) 501-1218 tboggs@railey.com Railey Realty, Inc. Listed on: 03/14/2017

Railey Realty, Inc.

Last Buyer's Agent

Terry Boggs

(301) 501-1218 tboggs@railey.com Railey Realty, Inc. Listed on: 03/14/2017

Railey Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $437

Lot Details

  • 1.41 Acre Lot
  • Home fronts navigable water
  • No Through Street
  • Private Lot
  • Secluded Lot
  • The property's topography is level
  • Cost To Obtain Building Permits

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 1218010283

Community Details

Overview

  • No Home Owners Association
  • Maybury Poland Subdivision

Recreation

  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Property is near a lake
  • Limited Hours Of Personal Watercraft Operation
  • Limit On Boat Length
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 1 Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$437

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.61

Exterior Features

  • Dock Type: Floating
  • Construction Completed: No
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC)
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: No Thru Street, Secluded, Private
  • Lot Size Acres: 1.41
  • Lot Size Area: 61419
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 61419.00
  • Perc Sites: 1
  • Perc Type: Approved
  • Possible Use: Residential, Recreational, Double-Wide
  • Topography: Level
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15658310
  • Tax Annual Amount: 437.49
  • Assessor Parcel Number: 1218010283
  • Tax Lot: 29
  • Tax Page Number: 400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: Assigned
  • Waterfront Features: Shared

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Aug 25, 2017
Sold by
Schofield Russell and Schofield Tina
Bought by
Pifer William J and Pifer Carrie L
Seller's Agent
Terry Boggs
Railey Realty, Inc.
Buyer's Agent
Terry Boggs
Railey Realty, Inc.
List Price
$99,000
Sold Price
$65,000
Premium/Discount to List
-$34,000
-34.34%
Current Estimated Value
$175,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,935
Avg. Annual Appreciation
11.64%
Original Mortgage
$52,000
Outstanding Balance
$36,819
Interest Rate
4.74%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$126,874

Purchase Details

Closed on
Dec 16, 1997
Sold by
Engstrom Oliver J and Engstrom Marilyn J
Bought by
Schofield Russell and Schofield Tina

Purchase Details

Closed on
Jun 16, 1997
Sold by
Smith Kenneth B and Smith Susan N
Bought by
Engstrom Oliver J and Engstrom Marilyn J

Purchase Details

Closed on
Nov 5, 1985
Sold by
Shiffy Ernest R and Shiffy Carol A
Bought by
Smith Kenneth B and Smith Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
12.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pifer William J $65,000 Sage Title Group Llc
Schofield Russell $35,000 --
Engstrom Oliver J $32,500 --
Smith Kenneth B $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pifer William J $52,000
Previous Owner Smith Kenneth B $12,000
Closed Schofield Russell --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold $65,000 -34.3% --
07/21/2017 07/21/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $99,000 -- --
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 $995 $87,900 $87,900 $0
2024 $933 $79,900 $0 $0
2023 $840 $71,900 $0 $0
2022 $746 $63,900 $63,900 $0
2020 $558 $47,767 $0 $0
2019 $464 $39,700 $39,700 $0
2018 $437 $39,700 $39,700 $0
2017 $436 $39,700 $0 $0
2016 -- $39,700 $0 $0
2015 -- $39,700 $0 $0
2014 -- $39,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002360614

Bright MLS

APN: 18-010283