NOT LISTED FOR SALE

3117 Lake Shore Dr Oakland, MD 21550

Estimated Value: $2,615,000 - $2,740,129

3 Beds
2 Baths
2,068 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $650,000 $314 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $17,045/month

Highlights

  • 100 Feet of Waterfront
  • Spa
  • Mud Room
  • 1 Dock Slip
  • Furnished
  • No HOA

About This Home

As of February 2018

Cozy 3 bedroom, 2 bath waterfront cottage with gorgeous views and a private Type A dock! This home is in a prime location just minutes from Wisp Resort and popular lake activities. Whether you are relaxing on the dock, or entertaining friends and family on the lake, you are sure to make the best memories at Deep Creek Lake! Call today for more info.

Last Agent to Sell the Property

Jon Bell

Railey Realty, Inc. Listed on: 10/25/2017

Railey Realty, Inc.

Last Buyer's Agent

Susan Bell

Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,683

Year Built

  • Built in 1990

Lot Details

  • 0.44 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Off-Street Parking

Home Design

  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Mud Room
  • Family Room
  • Living Room
  • Water Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Water Access
  • Property is near a lake
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Schools

  • Southern Middle School
  • Southern Garrett High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Water Dispenser
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 60
  • Assessor Parcel Number 1218032635

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,683

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1990
  • Remarks Public: Cozy 3 bedroom, 2 bath waterfront cottage with gorgeous views and a private Type A dock! This home is in a prime location just minutes from Wisp Resort and popular lake activities. Whether you are relaxing on the dock, or entertaining friends and family on the lake, you are sure to make the best memories at Deep Creek Lake! Call today for more info.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Dryer, Washer, Dishwasher, Exhaust Fan, Refrigerator, Stove, Water Dispenser
  • Interior Amenities: Kitchen - Eat-In, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Floors In Unit Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Partial, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 3117

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar, Stone
  • Dock Type: Type A
  • Exterior Features: Hot Tub
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: SOUTHERN MIDDLE
  • High School: SOUTHERN GARRETT HIGH
  • School District Key: 121139907558
  • Elementary School: CALL SCHOOL BOARD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Lot Info

  • Improvement Assessed Value: 153100.00
  • Land Assessed Value: 412300.00
  • Lot Size Acres: 0.44
  • Lot Size Area: 19118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19118.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15659787
  • Tax Annual Amount: 6683.03
  • Assessor Parcel Number: 1218032635
  • Tax Lot: 60
  • Tax Total Finished Sq Ft: 1941
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 02/23/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Federal Flood Zone: UNKNOWN
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 23, 2018
Sold by
Hwoard F Payne And Mt Airy Builders Co I
Bought by
Dashti Parisa and The Dilmahani Trust
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Susan Bell
Railey Realty, Inc.
List Price
$729,900
Sold Price
$650,000
Premium/Discount to List
-$79,900
-10.95%
Current Estimated Value
$2,677,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,027,565
Avg. Annual Appreciation
20.86%

Purchase Details

Closed on
Apr 17, 1989
Sold by
Payne Howard F
Bought by
Payne Howard F and Mt Airy Building Co

Purchase Details

Closed on
Sep 16, 1982
Sold by
Dolence Jacob J and Dolence Agnes
Bought by
Payne Howard F
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
Dashti Parisa $650,000 Deep Creek Title Group
Payne Howard F $10,000 --
Payne Howard F $67,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $650,000 -10.9% $314 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $729,900 -- $353 / 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
2025 $33,351 $2,821,567 $0 $0
2024 $29,763 $2,423,733 $0 $0
2023 $25,081 $2,025,900 $412,300 $1,613,600
2022 $24,411 $1,955,977 $0 $0
2021 $23,727 $1,886,055 $0 $0
2020 $5,187 $412,300 $412,300 $0
2019 $7,071 $562,100 $412,300 $149,800
2018 $6,700 $562,100 $412,300 $149,800
2017 $6,653 $565,400 $0 $0
2016 -- $565,400 $0 $0
2015 -- $565,400 $0 $0
2014 -- $596,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003300199

Bright MLS

APN: 18-032635