NOT LISTED FOR SALE

5 N Shore Dr Swanton, MD 21561

Estimated Value: $1,072,000 - $1,956,000

4 Beds
3 Baths
1,968 Sq Ft
$805/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $717,000 $364 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $9,512/month

Highlights

  • 74 Feet of Waterfront
  • Spa
  • Open Floorplan
  • 1 Boat Dock
  • Lake View
  • Carriage House

About This Home

As of March 2019

Sunsets galore with this custom architect-designed home in a perfect lakefront setting with private Type A dock! Character abounds from the Lake Room to the Great Room, featuring an open floor plan centered on amazing views of Deep Creek Lake, bounded by towering hardwoods and pines. The lakeside living area combines the sunny Lake Room with fireplace with a fully equipped kitchen and dining area, overlooked by a loft bedroom with fabulous lake views and private bath. A wall of glass brings in the incredible beauty of the outside. Step out to the lakeside deck, where the hot tub beckons you to relax. The spacious Great Room is the perfect spot for entertaining, complete with wet bar, wood beamed cathedral ceiling, lots of natural light, and the added warmth of a pellet stove with stone accent wall. The Carriage House is just as pleasing, offering additional light filled living space with lake view, private balcony, full bath, and heated 2-car garage. A stroll down the gently sloping walkway to the lakeshore reveals expansive 180-degree views on one of the best shorelines of the lake. This special property will steal your heart and make all your dreams come true!

Last Agent to Sell the Property

Steven Ritchie

(301) 616-9980 steve@railey.com Railey Realty, Inc. License #303089 Listed on: 01/24/2019

Railey Realty, Inc.

Last Buyer's Agent

Bill Weissgerber

(301) 616-4141 billw@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,467

Year Built

  • Built in 1994

Lot Details

  • 0.64 Acre Lot
  • 74 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • 5 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Carriage House
  • Contemporary Architecture

Interior Spaces

  • 1,968 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Carpet
  • Lake Views
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Private Dock Site
  • 2 Powered Boats Permitted
  • Balcony
  • Deck
  • Shed
  • Storage Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1218012154

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,467

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Carriage House
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1994
  • Remarks Public: Sunsets galore with this custom architect-designed home in a perfect lakefront setting with private Type A dock! Character abounds from the Lake Room to the Great Room, featuring an open floor plan centered on amazing views of Deep Creek Lake, bounded by towering hardwoods and pines. The lakeside living area combines the sunny Lake Room with fireplace with a fully equipped kitchen and dining area, overlooked by a loft bedroom with fabulous lake views and private bath. A wall of glass brings in the incredible beauty of the outside. Step out to the lakeside deck, where the hot tub beckons you to relax. The spacious Great Room is the perfect spot for entertaining, complete with wet bar, wood beamed cathedral ceiling, lots of natural light, and the added warmth of a pellet stove with stone accent wall. The Carriage House is just as pleasing, offering additional light filled living space with lake view, private balcony, full bath, and heated 2-car garage. A stroll down the gently sloping walkway to the lakeshore reveals expansive 180-degree views on one of the best shorelines of the lake. This special property will steal your heart and make all your dreams come true!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Refrigerator, Stove, Dishwasher, Built-In Microwave, Disposal, Exhaust Fan, Water Heater
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Ceiling Fan(s), Carpet, Combination Kitchen/Dining, Dining Area, Exposed Beams, Skylight(s), Wet/Dry Bar, Whirlpool/Hottub
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room, In-Law/AuPair/Suite, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 404.98
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House, Garage(s), Shed, Storage Barn/Shed
  • Exterior Features: Hot Tub, Outbuilding(s)
  • View: Lake
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 74

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Parking Features: Paved Parking, Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Propane - Owned, Propane - Leased, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 233700.00
  • Land Assessed Value: 313500.00
  • Lot Size Acres: 0.64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27880.00
  • Outdoor Living Structures: Deck(s), Balcony
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15658435
  • Tax Annual Amount: 6467.00
  • Assessor Parcel Number: 1218012154
  • Tax Total Finished Sq Ft: 1968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/22/2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 12, 2019
Sold by
Ferraro Richard A and Choi Anna H
Bought by
Rager Eric James and Rager Stacy Marie
Seller's Agent
Steven Ritchie
Railey Realty, Inc.
Buyer's Agent
Bill Weissgerber
Railey Realty, Inc.
List Price
$797,000
Sold Price
$717,000
Premium/Discount to List
-$80,000
-10.04%
Current Estimated Value
$1,584,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,141
Avg. Annual Appreciation
12.80%
Original Mortgage
$537,750
Outstanding Balance
$472,774
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,111,367

Purchase Details

Listed on
Jul 2, 2010
Closed on
Nov 30, 2012
Sold by
Knowles James and Knowles Linda
Bought by
Ferraro Richard A and Choi Anna H
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Steven Ritchie
Railey Realty, Inc.
List Price
$1,199,000
Sold Price
$728,800
Premium/Discount to List
-$470,200
-39.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$568,800
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 1988
Sold by
Mcclure Ned L and Mcclure Maraget S
Bought by
Knowles James and Knowles Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10.53%
Source: Public Records

Range of Values:

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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
Rager Eric James $717,000 Deep Creek Title Group
Ferraro Richard A $728,800 Sage Title Group Llc
Knowles James $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rager Eric James $537,750
Previous Owner Ferraro Richard A $568,800
Previous Owner Knowles James $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2019 03/22/19 Sold $717,000 -10.0% $364 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $797,000 +9.4% $405 / Sq Ft
11/30/2012 11/30/12 Sold $728,800 -18.9% -- View Prior Sale
09/25/2012 09/25/12 Pending -- -- --
07/19/2012 07/19/12 Price Changed $899,000 -5.4% --
07/21/2011 07/21/11 Price Changed $950,000 -9.4% --
12/23/2010 12/23/10 Price Changed $1,049,000 -12.5% --
07/02/2010 07/02/10 For Sale $1,199,000 -- --
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 $13,367 $1,130,900 $360,000 $770,900
2024 $12,106 $985,800 $0 $0
2023 $10,408 $840,700 $0 $0
2022 $8,681 $695,600 $313,500 $382,100
2021 $7,506 $646,133 $0 $0
2020 $7,506 $596,667 $0 $0
2019 $6,884 $547,200 $313,500 $233,700
2018 $6,030 $547,200 $313,500 $233,700
2017 $6,474 $547,200 $0 $0
2016 -- $550,200 $0 $0
2015 -- $550,200 $0 $0
2014 -- $550,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA116998

Bright MLS

APN: 18-012154