NOT LISTED FOR SALE

299 Lake Forest Dr Oakland, MD 21550

Estimated Value: $845,046 - $1,141,000

5 Beds
3 Baths
3,888 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2020

Last sale price $580,000 $149 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,875 / mo

5 Days on Market

Highlights

  • 1 Dock Slip
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Public Beach
  • Lake View

About This Home

As of May 2020

The perfect mountain chalet with lake access, a boat slip, and lake views! This rustic 5 bedroom vacation home features various updates including flooring, kitchen counters, bathrooms, and stainless appliances. Enjoy lake views while warming up by the floor to ceiling stone fireplace with wood burning insert. Lots of outdoor entertaining areas including massive amounts of decking that is partly covered and a hot tub. Plenty of interior space with 3 fully finished levels and an oversized master bedroom with sitting area. Located in the Lake Forest Estates community that boasts one of the nicest lake access areas at Deep Creek - level, open, and park-like! The lot is oversized, partly wooded with many natural stone and rock features. Only minutes to Wisp ski resort and all other Deep Creek Lake attractions, restaurants, and shopping!

Last Agent to Sell the Property

Mike Kennedy

(301) 387-2000 mkennedy@railey.com Railey Realty, Inc. License #529372 Listed on: 03/10/2020

Railey Realty, Inc.

Last Buyer's Agent

Roberta McNamara

(301) 698-5005 rmcnamarahomes@gmail.com RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,819

Year Built

  • Built in 1992

Lot Details

  • 2 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Back Yard Fenced
  • No Through Street
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned LR1, Lake Residential 1

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Chalet
  • Wood Walls
  • Shingle Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Utility Room
  • Lake Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Limit On Boat Length
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Lake Privileges
  • Deck

Schools

  • Broadford Elementary School
  • Southern Middle School
  • Southern Garrett High School

Utilities

  • Cooling Available
  • Heating System Powered By Leased Propane
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1218049295

Community Details

Overview

  • Association fees include pier/dock maintenance, road maintenance
  • Lake Forest Estates Subdivision

Recreation

  • Community Boat Dock
  • 1 Community Docks
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,819

Year Built

Built in 1992

Lot Details

2 Acres

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Exclusions: Maryland bear picture, water fall picture, and outdoor fire table.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Wood Ceilings, Wood Walls, Dry Wall, Vaulted Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Loft, Utility Room
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Walkout Level, Windows, Interior Access, Connecting Stairway
  • Laundry Type: Lower Floor
  • Total Sq Ft: 4314
  • Living Area Sq Ft: 3888
  • Price Per Sq Ft: 204.46
  • Above Grade Finished Sq Ft: 2734
  • Below Grade Finished Sq Ft: 1154
  • Below Grade Sq Ft: 426
  • Total Below Grade Sq Ft: 1580
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Roof: Shingle
  • View: Lake, Water
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Personal Watercraft (PWC), Public Beach, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone, Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 53.75
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BROADFORD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 239400.00
  • Land Assessed Value: 155900.00
  • Lot Features: No Thru Street, Partly Wooded
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Very Good
  • Zoning: LR1
  • Zoning Description: Lake Residential 1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15662302
  • Tax Annual Amount: 4819.00
  • Assessor Parcel Number: 1218049295
  • Tax Lot: 11
  • Tax Page Number: 295
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 15, 2020
Sold by
Witt John S and Witt Jerri H
Bought by
Pitzer Dwayne D and Pitzer Angela H
Seller's Agent
Mike Kennedy
Railey Realty, Inc.
Buyer's Agent
Roberta McNamara
RE/MAX Results
List Price
$559,000
Sold Price
$580,000
Premium/Discount to List
$21,000
3.76%
Current Estimated Value
$966,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,078
Avg. Annual Appreciation
9.27%
Original Mortgage
$464,000
Outstanding Balance
$411,168
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$568,344

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jun 8, 2012
Sold by
Holland Martyn E and Holland Amy E
Bought by
Witt John S and Witt Jerri H
Seller's Agent
Terry Boggs
Railey Realty, Inc.
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$539,000
Sold Price
$490,000
Premium/Discount to List
-$49,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$392,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Dolphin'S Gambol Limited Part
Bought by
Holland Martyn E and Holland Amy E

Purchase Details

Closed on
Dec 21, 2000
Sold by
Decarlucci Vincent J and Decarlucci Karen S
Bought by
Dolphin'S Gambol Limited Part

Purchase Details

Closed on
Dec 18, 2000
Sold by
Rush James A
Bought by
Decarlucci Vincent J and Decarlucci Karen S

Purchase Details

Closed on
May 5, 1997
Sold by
Kyser Kenneth R and Kyser Betty A
Bought by
Rush James A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pitzer Dwayne D $580,000 Sage Title Group Llc
Witt John S $490,000 Frederick Title Group
Holland Martyn E $407,500 --
Dolphin'S Gambol Limited Part -- --
Decarlucci Vincent J $240,000 --
Rush James A $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitzer Dwayne D $464,000
Previous Owner Witt John S $392,000
Closed Rush James A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2020 05/13/20 Sold $580,000 +3.8% $149 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $559,000 +14.1% $144 / Sq Ft
06/08/2012 06/08/12 Sold $490,000 -9.1% $163 / Sq Ft View Prior Sale
05/15/2012 05/15/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $539,000 0.0% $180 / Sq Ft
04/01/2012 04/01/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $539,000 -- $180 / Sq Ft
Source: Bright MLS

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 $7,964 $673,800 $185,900 $487,900
2024 $7,134 $580,967 $0 $0
2023 $6,043 $488,133 $0 $0
2022 $4,933 $395,300 $155,900 $239,400
2020 $4,897 $389,233 $0 $0
2019 $4,858 $386,200 $155,900 $230,300
2018 $4,603 $386,200 $155,900 $230,300
2017 $4,600 $386,200 $0 $0
2016 -- $390,900 $0 $0
2015 -- $390,900 $0 $0
2014 -- $390,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA132164

Bright MLS

APN: 18-049295

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