NOT LISTED FOR SALE

326 Back Bay Rd Swanton, MD 21561

Estimated Value: $393,000 - $820,000

3 Beds
2 Baths
1,192 Sq Ft
$468/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $459,000 $385 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,766/month

4 Days on Market

Highlights

  • 1 Dock Slip
  • Canoe or Kayak Water Access
  • View of Trees or Woods
  • Home fronts navigable water
  • Fishing Allowed
  • Deck

About This Home

As of November 2023

Lake access cottage located in Back Bay Colony. This home offers three bedrooms, a large stone wood burning fireplace and cathedral ceilings. Nice lake access with a dedicated beach area and a dock slip. The outside space boasts a large deck, screened covered porch that is equipped with outdoor Bose speakers, custom built picnic table, shed/utility building, basketball backboard, badminton, volleyball court and horse shoe pits. The location is very close to the Yacht Club. The possibilities are endless with this property, call today for a preview!

Last Agent to Sell the Property

Betsy Spiker Holcomb

Taylor Made Deep Creek Vacations & Sales License #518606 Listed on: 09/27/2023

Last Buyer's Agent

Mike Kennedy

Railey Realty, Inc. License #529372

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1980

Lot Details

  • 0.69 Acre Lot
  • Home fronts navigable water
  • Backs to Trees or Woods
  • Property is in good condition

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Wood Walls
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,192 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Paneling
  • Stone Fireplace
  • Wood Frame Window
  • Living Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Sail
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Deck
  • Screened Patio

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1218015730

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Back Bay HOA
  • Swanton Subdivision

Recreation

  • Boat Dock
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,646

Year Built

Built in 1980

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Traditional
  • Window Features: Wood Frame
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Wood Walls, Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1192
  • Living Area Sq Ft: 1192
  • Price Per Sq Ft: 385.07
  • Above Grade Finished Sq Ft: 1192
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 326

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • View: Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), 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: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 387.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance
  • HOA Name: BACK BAY
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30056.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1646.00
  • Assessor Parcel Number: 1218015730
  • Tax Total Finished Sq Ft: 1192
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/02/2023

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 2, 2023
Sold by
Gregory Richard A and Gregory Sara J
Bought by
Rag Revocable Trust and Silbermann
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$459,000
Sold Price
$459,000
Views
35
Current Estimated Value
$465,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,831
Avg. Annual Appreciation
2.91%
Original Mortgage
$367,200
Outstanding Balance
$362,088
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$120,986
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
Rag Revocable Trust $459,000 Deep Creek Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silbermann John $102,000
Open Rag Revocable Trust $367,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $459,000 0.0% $385 / Sq Ft
09/27/2023 09/27/23 For Sale $459,000 -- $385 / 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 $2,211 $186,767 $0 $0
2023 $1,944 $163,833 $0 $0
2022 $1,676 $140,900 $44,000 $96,900
2021 $1,670 $140,433 $0 $0
2020 $1,635 $139,967 $0 $0
2019 $1,659 $139,500 $44,000 $95,500
2018 $1,567 $139,500 $44,000 $95,500
2017 $1,567 $139,500 $0 $0
2016 -- $141,300 $0 $0
2015 -- $141,300 $0 $0
2014 -- $141,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2005952

Bright MLS

APN: 18-015730