NOT LISTED FOR SALE

423 Shoreline Dr Swanton, MD 21561

Estimated Value: $536,000 - $892,000

2 Beds
1 Bath
864 Sq Ft
$777/Sq Ft Est. Value

Last Sold March 13, 2012

Last sale price $322,500 $373 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,960/month

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Wood Burning Stove
  • Water Views
  • Water Access
  • 1 Fireplace

About This Home

As of March 2012

Level lake front with private dock. Quiet cove perfect for those who prefer minimal boat traffic. Two bedroom cabin with lake side deck and good lake views. Located in Thousand Acres with just a short drive to the golf course.

Last Agent to Sell the Property

Russell Bounds

(301) 501-1000 russell@railey.com Railey Realty, Inc. Listed on: 04/18/2011

Railey Realty, Inc.

Last Buyer's Agent

Larry Smith

(301) 501-5564 lsmith@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,442

Year Built

  • Built in 1979

Lot Details

  • 0.55 Acre Lot
  • Home fronts navigable water

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Unpaved Parking

Home Design

  • Cabin
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Combination Kitchen and Living
  • Water Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1218015536

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,442

Year Built

Built in 1979

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Type A
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 63360.00
  • Land Assessed Value: 521200.00
  • Lot Size Acres: 0.55
  • Lot Size Area: 23998
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23998.00
  • Year Assessed: 2010
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15658650
  • Tax Annual Amount: 6441.85
  • Assessor Parcel Number: 1218015536
  • Tax Page Number: 505
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 03/13/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2011
Closed on
Feb 29, 2012
Sold by
Spoper Elsie Jean and Sporer Charles W
Bought by
Spencer Todd A
Seller's Agent
Russell Bounds
Railey Realty, Inc.
Buyer's Agent
Larry Smith
Railey Realty, Inc.
List Price
$499,000
Sold Price
$322,500
Premium/Discount to List
-$176,500
-35.37%
Current Estimated Value
$671,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,664
Avg. Annual Appreciation
5.53%
Original Mortgage
$258,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Spencer Todd A $322,500 Deep Creek Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spencer Todd A $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2012 03/13/12 Sold $322,500 -19.2% $373 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
09/01/2011 09/01/11 Price Changed $399,000 -11.1% $462 / Sq Ft
07/11/2011 07/11/11 Price Changed $449,000 -10.0% $520 / Sq Ft
04/18/2011 04/18/11 For Sale $499,000 -- $578 / 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 $4,566 $400,700 $225,400 $175,300
2024 $4,222 $358,867 $0 $0
2023 $3,733 $317,033 $0 $0
2022 $3,244 $275,200 $196,200 $79,000
2021 $3,127 $265,133 $0 $0
2020 $3,009 $255,067 $0 $0
2019 $2,892 $245,000 $196,200 $48,800
2018 $2,730 $245,000 $196,200 $48,800
2017 $2,730 $245,000 $0 $0
2016 -- $246,200 $0 $0
2015 -- $246,200 $0 $0
2014 -- $246,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004392078

Bright MLS

APN: 18-015536