NOT LISTED FOR SALE

490 Waterfront Greens Dr Swanton, MD 21561

Estimated Value: $685,000 - $1,755,000

4 Beds
3.5 Baths
2,696 Sq Ft
$380/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $495,000 $184 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,513/month

150 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Chalet
  • Water Views
  • Water Access
  • Deck

About This Home

As of December 2012

Lake Access Rental Home. Fully Furnished, Turn Key, All Furnishings convey. 2 Fireplaces, Family Room w/wet bar, jetted tub in Master Bedroom, Masters/Main & Upper Levels, Screened Porch. Enjoy the Par 3 Golf Course, catch & release pond, mini golf, tennis courts & other amenities offered at Waterfront Greens community. Rental Name: Waterfront Greens Chalet. MHBR #163

Last Agent to Sell the Property

Debra Savage

Railey Realty, Inc. Listed on: 05/30/2012

Railey Realty, Inc.

Last Buyer's Agent

Jon Bell

Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 2006

Lot Details

  • 2.39 Acre Lot
  • Home fronts navigable water

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Chalet

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • 2 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Outdoor Features

  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Well
  • Electric Water Heater

Community Details

  • Waterfront Greens HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 54
  • Assessor Parcel Number 1218073773

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,839

Year Built

Built in 2006

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker, Microwave, Refrigerator, Stove
  • Interior Amenities: Kitchen - Island, Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Wet/Dry Bar, Wood Floors, Whirlpool/Hottub
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Floors In Unit Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room, Loft
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination
  • Dock Type: Single Slip
  • Construction Completed: No
  • View: Water
  • 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
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: WATERFRONT GREENS
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 325800.00
  • Land Assessed Value: 113300.00
  • Lot Size Acres: 2.39
  • Lot Size Area: 104155
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104155.00
  • Outdoor Living Structures: Deck(s), Screened
  • Year Assessed: 2011

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15668118
  • Tax Annual Amount: 4838.88
  • Assessor Parcel Number: 1218073773
  • Tax Lot: 54
  • Tax Total Finished Sq Ft: 1808
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 12/10/2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2012
Closed on
Dec 10, 2012
Sold by
Umbel Hugh D
Bought by
Spain Justin Edward and Spain Olivia W
Seller's Agent
Debra Savage
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$589,900
Sold Price
$495,000
Premium/Discount to List
-$94,900
-16.09%
Current Estimated Value
$1,025,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,375
Avg. Annual Appreciation
5.05%
Original Mortgage
$396,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2008
Sold by
Umbel & Goodfellow Llc
Bought by
Umbel Hugh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2008
Sold by
Umbel & Goodfellow Llc
Bought by
Umbel Hugh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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
Spain Justin Edward $495,000 Deep Creek Title Group Llc
Umbel Hugh D -- --
Umbel Hugh D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spain Justin Edward $548,250
Closed Spain Justin Edward $396,000
Previous Owner Umbel Hugh D $490,000
Previous Owner Umbel Hugh D $490,000
Previous Owner Umbel Goodfellow Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $495,000 +1.2% $184 / Sq Ft
10/27/2012 10/27/12 Pending -- -- --
07/18/2012 07/18/12 Price Changed $489,000 -17.1% $181 / Sq Ft
07/12/2012 07/12/12 For Sale $589,900 +19.2% $219 / Sq Ft
07/01/2012 07/01/12 Off Market $495,000 -- --
05/30/2012 05/30/12 For Sale $589,900 -- $219 / 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 $7,798 $635,000 $0 $0
2023 $6,679 $539,500 $0 $0
2022 $5,186 $444,000 $66,100 $377,900
2021 $5,586 $444,000 $66,100 $377,900
2020 $5,586 $444,000 $66,100 $377,900
2019 $5,773 $458,900 $81,400 $377,500
2018 $5,470 $458,900 $81,400 $377,500
2017 $5,424 $458,900 $0 $0
2016 -- $459,000 $0 $0
2015 -- $452,367 $0 $0
2014 -- $445,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004009678

Bright MLS

APN: 18-073773