NOT LISTED FOR SALE

290 Marsh Hill Rd Unit 213B Mc Henry, MD 21541

Estimated Value: $31,406

1 Bed
1 Bath
-- Sq Ft
1987 Built

Last Sold November 20, 2023

Last sale price $30,000

Est. 5% increase in value since last sale

Current estimated payment $978/month

321 Days on Market

Highlights

  • Golf Club
  • Bar or Lounge
  • Community Indoor Pool
  • Accident Elementary School Rated 9+
  • Fitness Center
  • Community Basketball Court

About This Home

As of November 2023

Welcome to Wisp Hotel and all that Ownership affords you. These successful rental units are located at the base of the Wisp Ski Resort. The Management team handles most of the aspects of Ownership and your left to enjoy your stay.

Below is a list of Ownership Perks:
2 Season Ski Passes
10 All-Day Ski Passes
10 Tubing passes
2 Golf Memberships for Fantasy
Valley Golf Course
6 $20 Greens/ Cart fees
Use of pool and gym regardless of stay

Last Agent to Sell the Property

Michael Cumerlato

(240) 321-3909 mcumerlato@jasonmitchellgroup.com Jason Mitchell Group Listed on: 12/22/2022

Last Buyer's Agent

Betsy Spiker Holcomb

(301) 616-5022 betsy@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales License #518606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1987

Lot Details

  • Property is zoned COMMERCIAL

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • Parking Lot

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 213B
  • Assessor Parcel Number 1218041839

Community Details

Overview

  • Association fees include air conditioning, cable TV, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, health club, heat, high speed internet, insurance, lawn maintenance, management, parking fee, pool(s), recreation facility, road maintenance, reserve funds
  • Wisp Hotel Subdivision
  • Property Manager
  • Property has 7 Levels

Amenities

  • Fax or Copying Available
  • Gift Shop
  • Meeting Room
  • Bar or Lounge
  • Elevator

Recreation

  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Community Basketball Court
  • Racquetball
  • Fitness Center
  • Community Indoor Pool
  • Putting Green
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1987

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 7
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 290

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 775.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Wisp
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Bike Trail, Cable, Elevator, Exercise Room, Fax/Copying, Fitness Center, Gift Shop, Golf Club, Golf Course, Golf Course Membership Available, Meeting Room, Pool - Indoor, Putting Green, Racquet Ball, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Health Club, Heat, High Speed Internet, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Road Maintenance, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: CC
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: COMMERCIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 350.00
  • Assessor Parcel Number: 1218041839
  • Tax Lot: 213B
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 11/20/2023

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Nov 20, 2023
Sold by
Krainak George M and Krainak Leslie
Bought by
Fox Holdings Llc
Seller's Agent
Michael Cumerlato
Jason Mitchell Group
Buyer's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
List Price
$54,000
Sold Price
$30,000
Premium/Discount to List
-$24,000
-44.44%
Views
651
Current Estimated Value
$31,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,406
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
Jun 23, 1988
Sold by
Sedlack Donald C and Sedlack Evelyn S
Bought by
Krainak George M and Krainak Thelma H

Purchase Details

Closed on
Oct 4, 1985
Sold by
Thoman Motel Corporation
Bought by
Sedlack Donald C and Sedlack Evelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,120
Interest Rate
12.17%
Source: Public Records

Range of Values:

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Average Value
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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
Fox Holdings Llc $30,000 Passport Title
Fox Holdings Llc $30,000 Passport Title
Krainak George M $71,800 --
Sedlack Donald C $73,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sedlack Donald C $59,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $30,000 -14.3% --
11/06/2023 11/06/23 Price Changed $35,000 -29.3% --
04/07/2023 04/07/23 Price Changed $49,500 +1.0% --
04/06/2023 04/06/23 Price Changed $49,000 -5.8% --
02/24/2023 02/24/23 Price Changed $52,000 -3.7% --
12/22/2022 12/22/22 For Sale $54,000 -- --
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 $427 $33,333 $0 $0
2024 $421 $31,667 $0 $0
2023 $401 $30,000 $6,000 $24,000
2022 $350 $30,000 $6,000 $24,000
2021 $611 $30,000 $6,000 $24,000
2020 $611 $45,000 $9,000 $36,000
2019 $611 $45,000 $9,000 $36,000
2018 $581 $45,000 $9,000 $36,000
2017 $552 $45,000 $0 $0
2016 -- $45,000 $0 $0
2015 -- $45,000 $0 $0
2014 -- $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2004292

Bright MLS

APN: 18-041839