NOT LISTED FOR SALE

308 Winding Trail Ln Unit 11B Oakland, MD 21550

Estimated Value: $586,000 - $677,000

5 Beds
4.5 Baths
3,300 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $612,500 $186 Per Sq Ft

Current estimated payment $4,279/month

216 Days on Market

Highlights

  • Water Oriented
  • Contemporary Architecture
  • Main Floor Bedroom
  • Lake View
  • Wood Flooring
  • Furnished

About This Home

As of June 2023

5BR, 4.5BA duplex with LAKE VIEWS! Enjoy 3300sf of living space in the heart of Deep Creek Lake. Serenity Summit is an established vacation rental and income producing property - $54k in 2021, $43k in 2022. It offers 3 spacious master suites, multiple stacked stone fireplaces and living room areas, plus an impressive outdoor fire pit. You will love the open kitchen/dining area and the covered back deck. Other features include wood floors, granite, instant hot water, pool table and newer hot tub. Owners have invested $15k+ in outdoor patio & hot tub upgrades! Attached garage is a plus! Conveys furnished! One-time capital contribution of $1500 due at closing.

Last Agent to Sell the Property

Jay Ferguson

Taylor Made Deep Creek Vacations & Sales Listed on: 10/05/2022

Last Buyer's Agent

Jay Ferguson

Taylor Made Deep Creek Vacations & Sales Listed on: 10/05/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 2009

Lot Details

  • Property is in very good condition

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Block Foundation
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Lake Views
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Water Oriented
  • Property is near a lake

Schools

  • Southern Middle School
  • Southern Garrett High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 11B
  • Assessor Parcel Number 1218089491

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, road maintenance, snow removal
  • Dave Sowers Condos, Phone Number (301) 370-4969
  • Timberlake Village Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,971

Year Built

Built in 2009

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 5BR, 4.5BA duplex with LAKE VIEWS! Enjoy 3300sf of living space in the heart of Deep Creek Lake. Serenity Summit is an established vacation rental and income producing property - $54k in 2021, $43k in 2022. It offers 3 spacious master suites, multiple stacked stone fireplaces and living room areas, plus an impressive outdoor fire pit. You will love the open kitchen/dining area and the covered back deck. Other features include wood floors, granite, instant hot water, pool table and newer hot tub. Owners have invested $15k+ in outdoor patio & hot tub upgrades! Attached garage is a plus! Conveys furnished! One-time capital contribution of $1500 due at closing.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Carpet, Entry Level Bedroom, Recessed Lighting, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level, Interior Access
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 189.39
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 308

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cement Siding, Stone
  • View: Lake
  • Water Access: No
  • 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 350.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Dave Sowers
  • Condo Co-Op Phone: (301) 370-4969
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 1500.00

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: SOUTHERN MIDDLE
  • High School: SOUTHERN 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: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 485000.00
  • Land Assessed Value: 75000.00
  • Land Use Code: U
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: U
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 54000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15679899
  • Tax Annual Amount: 3971.00
  • Assessor Parcel Number: 1218089491
  • Tax Lot: 11B
  • Tax Page Number: 144
  • Tax Total Finished Sq Ft: 3300
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/15/2023

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jun 13, 2023
Sold by
Democracy Adventures Llc
Bought by
Gulf Way Marine Service Inc
Seller's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
List Price
$625,000
Sold Price
$612,500
Premium/Discount to List
-$12,500
-2%
Views
256
Current Estimated Value
$613,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,356
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Feb 28, 2012
Closed on
Nov 1, 2013
Sold by
Gilmour Robert C and Gilmour Jan T
Bought by
Democracy Adventures Llc
Seller's Agent
Thomas Thayer
Garrett Land Sales, PC
Buyer's Agent
Thomas Thayer
Garrett Land Sales, PC
List Price
$385,000
Sold Price
$302,500
Premium/Discount to List
-$82,500
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Nov 10, 2009
Sold by
M
Bought by
Gilmour Robert C and Gilmour Jan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gulf Way Marine Service Inc $612,500 Lake Title
Democracy Adventures Llc $302,500 District Title
Gilmour Robert C $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilmour Robert C $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $612,500 -2.0% $186 / Sq Ft
10/05/2022 10/05/22 For Sale $625,000 +106.6% $189 / Sq Ft
11/01/2013 11/01/13 Sold $302,500 -10.8% $92 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
09/20/2013 09/20/13 Price Changed $339,000 -7.1% $103 / Sq Ft
02/14/2013 02/14/13 Price Changed $365,000 -5.2% $111 / Sq Ft
02/28/2012 02/28/12 For Sale $385,000 -- $117 / 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
2024 $6,463 $486,667 $0 $0
2023 $5,530 $413,333 $0 $0
2022 $3,971 $340,000 $75,000 $265,000
2021 $4,617 $340,000 $75,000 $265,000
2020 $4,617 $340,000 $75,000 $265,000
2019 $4,617 $340,000 $75,000 $265,000
2018 $4,231 $327,500 $0 $0
2017 $4,282 $340,000 $0 $0
2016 -- $302,500 $0 $0
2015 -- $302,500 $0 $0
2014 -- $302,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2003942

Bright MLS

APN: 18-089491