NOT LISTED FOR SALE

405 Markwood Dr Oakland, MD 21550

Estimated Value: $629,000 - $784,000

3.41 Acres
$200,467 Price per Acre
148,540 Sq Ft Lot

Last Sold August 16, 2013

Last sale price $175,000 $39 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $4,098/month

Highlights

  • 1 Boat Dock
  • Beach
  • Water Access
  • Water Views
  • Pier or Dock
  • 3.41 Acre Lot

About This Lot

As of August 2013

Gorgeous water homesite in beautiful Meadow Lake Estates. Two 1,000 gallon septics (4-bedroom perc), well, 1,000 gallon propane tank, paved driveway, 16x24 pavilion and 2,400 SF garage (w/bathroom & 12 insulated walls) are all in place. Former home was lost to fire; site is now ready for new construction. The landscaped & fenced yard, water view and fire pit all add to the charm of this property.

Last Agent to Sell the Property

Betsy Spiker Holcomb

(301) 616-5022 betsy@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales License #518606 Listed on: 05/23/2013

Last Buyer's Agent

Rich Orr

(301) 616-2527 rorr@railey.com Railey Realty, Inc. License #34181

Railey Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $984

Lot Details

  • 3.41 Acre Lot
  • Partially Fenced Property
  • No Through Street
  • Private Lot
  • Premium Lot
  • The property's topography is level
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Cost To Obtain Building Permits

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Water
  • Woods

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 1214033866

Community Details

Overview

  • Association fees include road maintenance, snow removal

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Pier or Dock
  • Beach
  • Water Access
  • 1 Boat Dock
  • 1 Non-Powered Boats Permitted
  • Lake Privileges
  • Shed
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$984

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.68

Exterior Features

  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Water, Trees/Woods
  • Water Access: Yes
  • Water Body Name: MEADOW LAKE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Picnic Area, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA: Yes

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 33100.00
  • Lot Features: Backs To Trees, Premium, No Thru Street, Partly Wooded, Private
  • Lot Size Acres: 3.41
  • Lot Size Area: 148540
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 148540.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Topography: Level
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15666468
  • Tax Annual Amount: 983.98
  • Assessor Parcel Number: 1214033866
  • Tax Lot: 10
  • Tax Page Number: 335
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2018
Sold by
Terrell David J and Terrell Michele M
Bought by
Thomas Michael J
Current Estimated Value
$683,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,883
Outstanding Balance
$124,684
Interest Rate
4.19%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$558,910

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 16, 2013
Sold by
Kosienski James D and Kosienski Eleanor K
Bought by
Terrell David J and Terrell Michelle M
Seller's Agent
Betsy Spiker Holcomb
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Rich Orr
Railey Realty, Inc.
List Price
$249,000
Sold Price
$175,000
Premium/Discount to List
-$74,000
-29.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Warschawski Peter and Warschawski Rosemary N
Bought by
Kosienski James D and Kosienski Eleanor K

Purchase Details

Closed on
Oct 8, 1998
Sold by
Markwood Michael S and Markwood Tammy S
Bought by
Warschawski Peter and Warschawski Rosemary N
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Michael J $161,000 None Available
Terrell David J $175,000 None Available
Kosienski James D $76,000 --
Warschawski Peter $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Michael J $144,883
Closed Warschawski Peter --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $175,000 -29.7% $39 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $249,000 -- $55 / 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 $5,522 $506,000 $59,600 $446,400
2024 $1,965 $168,267 $0 $0
2023 $1,853 $158,633 $0 $0
2022 $1,740 $149,000 $49,600 $99,400
2021 $1,510 $129,267 $0 $0
2020 $1,279 $109,533 $0 $0
2019 $1,049 $89,800 $49,600 $40,200
2018 $987 $89,533 $0 $0
2017 $976 $89,800 $0 $0
2016 -- $89,000 $0 $0
2015 -- $89,000 $0 $0
2014 -- $89,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003530650

Bright MLS

APN: 14-033866