NOT LISTED FOR SALE

305 Lake Pointe Dr McHenry, MD 21541

Estimated Value: $862,606 - $1,106,000

5 Beds
3 Baths
2,834 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $540,000 $191 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,783/month

115 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Public Beach
  • Accident Elementary School Rated 9+
  • Canoe or Kayak Water Access
  • Spa

About This Home

As of July 2020

Enjoy the absolute best of all four seasons at Deep Creek owning this completely renovated 5 bedroom, 3 full bath lake access home with a boat slip also located within very close proximity to the Wisp ski lodge and chairlifts! This home has been completely updated and redecorated over the past two years, which has also made it one of the best performing lake access vacation rentals almost right at $40K in annual gross rents last year! Take in views of the ski slopes and lake! The original floor plan was modified to create an additional bedroom, a mudroom, and a much larger lower level family/game room with 106 inch screen and HD projector. Updates include: in the kitchen - all new stainless steel appliances, granite counters, and oak cabinets; all new flooring throughout including new carpet, solid wood bamboo flooring, and ceramic tile; all bathrooms have been remodeled; the main level living room now has a unique floor to ceiling see through indoor/outdoor fireplace; on the outside the deck was expanded and a fire pit was added; the exterior was completely re-painted along with the interior. The furniture includes newer live edge pieces that are solid hardwood and handmade. Located in the highly desirable Lake Pointe community because of it's close location to everything, updated homes at Deep Creek like this with a dock slip and close proximity to Wisp are extremely hard to find!

Last Agent to Sell the Property

Mike Kennedy

(301) 387-2000 mkennedy@railey.com Railey Realty, Inc. License #529372 Listed on: 02/07/2020

Railey Realty, Inc.

Last Buyer's Agent

Jon Bell

(301) 387-2000 jbell@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 1999 | Remodeled in 2018

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Property is in very good condition
  • Property is zoned LR

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Cottage
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Combination Dining and Living Room
  • Game Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Outdoor Features

  • Spa
  • Canoe or Kayak Water Access
  • Public 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
  • Wrap Around Porch

Schools

  • Accident Elementary School
  • Northern Middle School
  • Northern Garrett High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 18
  • Assessor Parcel Number 1218064529

Community Details

Overview

  • Association fees include road maintenance, snow removal, pier/dock maintenance
  • Lake Pointe HOA
  • Lake Pointe Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • 1 Community Docks
  • Tennis Courts
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,507

Year Built

Built in 1999 | Remodeled in 2018

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1999
  • Year Renovated: 2018
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Flooring Type: Ceramic Tile, Carpet, Wood
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Mud Room
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Walkout Level, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2834
  • Living Area Sq Ft: 2834
  • Price Per Sq Ft: 398.02
  • Above Grade Finished Sq Ft: 1417
  • Below Grade Finished Sq Ft: 1417
  • Total Below Grade Sq Ft: 1417
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cement Siding
  • Exterior Features: Hot Tub
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Lake, Water, Mountain
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Personal Watercraft (PWC), Public Access, 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
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 83.33
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pier/Dock, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal, Pier/Dock Maintenance
  • HOA Name: LAKE POINTE
  • 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: ACCIDENT
  • High School: NORTHERN GARRETT HIGH
  • Middle Or Junior School: NORTHERN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 210100.00
  • Land Assessed Value: 160000.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11325.00
  • Outdoor Living Structures: Porch(es), Deck(s), Wrap Around
  • Property Condition: Very Good
  • Zoning: LR
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15653078
  • Tax Annual Amount: 4507.00
  • Assessor Parcel Number: 1218064529
  • Tax Lot: 18
  • Tax Page Number: 50
  • 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
Feb 7, 2020
Closed on
Jun 3, 2020
Sold by
Martin Gregory
Bought by
Uhle Jennifer Lee
Seller's Agent
Mike Kennedy
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$564,000
Sold Price
$540,000
Premium/Discount to List
-$24,000
-4.26%
Current Estimated Value
$949,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,152
Avg. Annual Appreciation
10.68%
Original Mortgage
$432,000
Outstanding Balance
$382,935
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$566,217

Purchase Details

Listed on
Oct 26, 2016
Closed on
Oct 27, 2017
Sold by
Acker George W and Acker Cynthia F
Bought by
Martin Gregory
Seller's Agent
Kevin Liller
Railey Realty, Inc.
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Original Mortgage
$277,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Armstrong Howard W and Armstrong Kathy M
Bought by
Acker Paul T and Acker Cynthia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,800
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Puglia Remo C and Puglia Shelley A
Bought by
Armstrong Howard W and Armstrong Kathy M

Purchase Details

Closed on
May 6, 1997
Sold by
Lake Pointe Associates Llc
Bought by
Puglia Remo C and Puglia Shelley A
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Uhle Jennifer Lee $540,000 Deep Creed Title Group
Martin Gregory $370,000 Deep Creek Title Group Llc
Acker Paul T $615,000 --
Armstrong Howard W $420,000 --
Puglia Remo C $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uhle Jennifer Lee $432,000
Previous Owner Martin Gregory $277,500
Previous Owner Acker Paul T $492,800
Closed Armstrong Howard W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2020 07/03/20 Sold $540,000 -4.3% $191 / Sq Ft
02/07/2020 02/07/20 For Sale $564,000 +52.4% $199 / Sq Ft
10/27/2017 10/27/17 Sold $370,000 -7.3% $131 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $399,000 +7.8% $141 / Sq Ft
03/01/2017 03/01/17 Off Market $370,000 -- --
10/26/2016 10/26/16 For Sale $399,000 -- $141 / 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 $9,144 $713,267 $0 $0
2024 $7,769 $585,033 $0 $0
2023 $6,112 $456,800 $160,000 $296,800
2022 $5,768 $427,900 $0 $0
2020 $5,026 $370,100 $160,000 $210,100
2019 $5,026 $370,100 $160,000 $210,100
2018 $4,781 $370,100 $160,000 $210,100
2017 $4,659 $379,900 $0 $0
2016 -- $379,900 $0 $0
2015 -- $379,900 $0 $0
2014 -- $404,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA132026

Bright MLS

APN: 18-064529