NOT LISTED FOR SALE

405 Pinnacle Dr Swanton, MD 21561

Estimated Value: $699,125 - $1,139,000

4 Beds
3 Baths
2,539 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $365,000 $144 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,016/month

60 Days on Market

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Public Beach
  • Water Views
  • Canoe or Kayak Water Access
  • Fishing Allowed

About This Home

As of September 2018

Beautiful cedar chalet exudes Deep Creek warmth. Has a beautiful lakeview from the master suite, a very quiet neighborhood, a secluded acre wooded lot, big deck with hot tub, master bedroom loft, four bedrooms, finished basement with pool table, air hockey, and new carpet. Upscale community w/ tennis, trails and boathouse with picnic area. Close to lake, strong rental history as "Pinnacle Perch".

Last Agent to Sell the Property

William Weed

Real Estate Innovations Listed on: 06/27/2018

Last Buyer's Agent

Rachel Bruch

Railey Realty, Inc. License #655450

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1997 | Remodeled in 2017

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Property is in very good condition

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Chalet
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Water Views
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • 1 Boat Dock
  • Shared Waterfront
  • Shed

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • High-Efficiency Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 12
  • Assessor Parcel Number 1218062720

Community Details

Overview

  • The Pinnacle HOA
  • Built by HUMBERSON
  • The Pinnacle Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fishing Allowed
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,619

Year Built

Built in 1997 | Remodeled in 2017

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet, Loft
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-06-27
  • Year Built: 1997
  • Year Renovated: 2017
  • Remarks Public: Beautiful cedar chalet exudes Deep Creek warmth. Has a beautiful lakeview from the master suite, a very quiet neighborhood, a secluded acre wooded lot, big deck with hot tub, master bedroom loft, four bedrooms, finished basement with pool table, air hockey, and new carpet. Upscale community w/ tennis, trails and boathouse with picnic area. Close to lake, strong rental history as "Pinnacle Perch".
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Self Cleaning, Refrigerator, Stove, Washer, Water Conditioner - Owned, Water Heater - High-Efficiency
  • Interior Amenities: Dining Area, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wet/Dry Bar, Whirlpool/Hottub
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2759
  • Living Area Sq Ft: 2539
  • Price Per Sq Ft: 228.86
  • Above Grade Finished Sq Ft: 1656
  • Below Grade Finished Sq Ft: 883
  • Below Grade Sq Ft: 220
  • Total Below Grade Sq Ft: 1103
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Roof: Asphalt
  • View: Water
  • Water Access Features: Fishing Allowed, Boat - Powered, Canoe/Kayak, Limited Hours Of Personal Watercraft Operation (PWC), Public Beach, 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: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 870.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Jog/Walk Path, Lake, Tennis Courts
  • HOA Name: THE PINNACLE
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 196000.00
  • Land Assessed Value: 110200.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Very Good
  • Year Assessed: 2018

Building Info

  • Builder Name: HUMBERSON

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15661488
  • Tax Annual Amount: 3619.28
  • Assessor Parcel Number: 1218062720
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1656
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/21/2018

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Sep 21, 2018
Sold by
Weed William H and Weed Nancy M
Bought by
Nathaniel Caleb Nathaniel and Chamberlayne Theresa Catherine
Seller's Agent
William Weed
Real Estate Innovations
Buyer's Agent
Rachel Bruch
Railey Realty, Inc.
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Current Estimated Value
$820,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,531
Avg. Annual Appreciation
11.10%
Original Mortgage
$292,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2000
Sold by
Carrocci Peter
Bought by
Shiflett Earl and Shiflett Terry R

Purchase Details

Closed on
Nov 13, 1998
Sold by
Carrocci Peter L
Bought by
Carrocci Peter L and Hill Richard

Purchase Details

Closed on
May 1, 1996
Sold by
Pete'S Pinnacle Llc
Bought by
Carrocci Peter L
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
Nathaniel Caleb Nathaniel $365,000 Deep Creek Title Group
Shiflett Earl $228,500 --
Carrocci Peter L -- --
Carrocci Peter L $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamberlayne Caleb Nathaniel $100,000
Open Chamberlayne Claeb $291,850
Closed Nathaniel Caleb Nathaniel $292,000
Closed Carrocci Peter L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $365,000 -3.7% $144 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $379,000 -2.8% $149 / Sq Ft
08/09/2018 08/09/18 Price Changed $389,900 -1.3% $154 / Sq Ft
06/27/2018 06/27/18 For Sale $395,000 +29.5% $156 / Sq Ft
10/19/2012 10/19/12 Sold $305,000 0.0% --
09/01/2012 09/01/12 Pending -- -- --
09/01/2012 09/01/12 Off Market $305,000 -- --
06/19/2012 06/19/12 For Sale $349,000 0.0% --
05/30/2012 05/30/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $349,000 +14.4% --
04/01/2012 04/01/12 Off Market $305,000 -- --
12/05/2011 12/05/11 For Sale $349,000 +14.4% --
12/01/2011 12/01/11 Off Market $305,000 -- --
08/19/2011 08/19/11 Price Changed $349,000 -8.1% --
04/12/2011 04/12/11 For Sale $379,900 -- --
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 $4,949 $403,000 $0 $0
2023 $4,407 $356,000 $0 $0
2022 $3,856 $309,000 $110,200 $198,800
2021 $3,875 $308,067 $0 $0
2020 $3,864 $307,133 $0 $0
2019 $3,852 $306,200 $110,200 $196,000
2018 $3,650 $306,200 $110,200 $196,000
2017 $3,646 $306,200 $0 $0
2016 -- $309,900 $0 $0
2015 -- $308,267 $0 $0
2014 -- $306,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001923618

Bright MLS

APN: 18-062720