NOT LISTED FOR SALE

531 Glendale Rd Unit 302-B Oakland, MD 21550

Oakland Area
2 Beds
1 Bath
887 Sq Ft
2006 Built

Sale Details

Date Sold: April 29, 2022

Last sale price $330,000 $372 Per Sq Ft

8 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Fitness Center
  • Fishing Allowed
  • Sandy Beach
  • Penthouse
  • Lake View

About This Home

As of April 2022

One-of-a Kind. In all of Silver Tree Suites, there are only 2 of this unique Floor Plan that was custom built for original developers. Main Level is the standard plan with (1) Private Bedroom - Full Bath - Living Room with Fireplace with door to Lake Balcony (Fabulous Views of Deep Creek Lake) - Kitchenette combo Dining Room. This Floor Plan is the only Loft Plan that has regular stairs (no spiral staircase) to the upper Level. Cathedral Ceilings and additional upper windows bring in a lot of light. Upper Level has its own Living Room with the 2nd Gas Fireplace and semi-private 2nd Bedroom in the alcove. Owner has purchased in 2021 - new Sleeper Sofas, Coffee Table and Accessory Living Room upholstered chairs for both upper and lower living room. The monthly condominium dues cover much more than other complexes. Includes Sewer & Water, all Propane used for your Gas Fireplace and Heating your Water for your showers & dishwasher, Trash, Master Insurance Policy, Management, maintenance of all common areas, parking, snowplowing, exterior & interior building maintenance & Reserve Funds (STS has a fabulous reserve budget). All you pay as an owner is you Real Estate Taxes, Electric to Heat and Ac (averages $81 month for this unit), monthly Internet, Cable TV & Phone @ $65 month plus Insurance for contents. Most policies @ $450 year. Only other unit with this same floor plan sold for $299,900 in December 2021. 2021 Gross Rents $32,890 deduct 25% for management. Rented 190 days / 365 so that had 175 vacant days for you to have fun with. Enjoy !!

Last Agent to Sell the Property

Melissa Goodfellow

(301) 387-2000 lgoodfellow@railey.com Railey Realty, Inc. License #88821 Listed on: 03/01/2022

Railey Realty, Inc.

Last Buyer's Agent

Mike Fenton

(301) 387-2000 mfenton@railey.com Railey Realty, Inc. License #661960

Railey Realty, Inc.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 2006

HOA Fees

  • $798 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Post and Beam
  • Entry on the 3rd floor
  • Composite Building Materials

Interior Spaces

  • 887 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Lake Views

Kitchen

  • Kitchenette
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Swimming Allowed
  • Lake Privileges

Unit Details

  • 400 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 302
  • Assessor Parcel Number 1218083469

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, sauna, road maintenance, reserve funds, management, lawn maintenance, insurance, exterior building maintenance, common area maintenance, all ground fee
  • 51 Units
  • Building Winterized
  • Low-Rise Community
  • Silver Tree Suites Council Of Unit Owners Condos
  • Silver Tree Suites Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Game Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,054

Year Built

Built in 2006

HOA Fees

$798 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Post & Beam
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave
  • Entry Floor: 3
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Kitchenette
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 887
  • Above Grade Unfinished Sq Ft: 887
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Composition
  • View: Lake
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Previous Twelve Months Electric Expense: 972.00
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Propane, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 798.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Silver Tree Suites Council of Unit Owners
  • HOA Condo Co-Op Amenities: Lake, Water/Lake Privileges, Sauna, Picnic Area, Laundry Facilities, Fitness Center, Extra Storage, Common Grounds, Game Room
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Sewer, Sauna, Road Maintenance, Reserve Funds, Management, Lawn Maintenance, Insurance, Ext Bldg Maint, Common Area Maintenance, All Ground Fee
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110000.00
  • Land Assessed Value: 50000.00
  • Property Condition: Very Good
  • Zoning: TC
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Total Actual Rent: 32890.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15673546
  • Tax Annual Amount: 2054.00
  • Assessor Parcel Number: 1218083469
  • Tax Lot: 302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oakland, MD

See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $330,000 +3.4% $372 / Sq Ft
03/01/2022 03/01/22 For Sale $319,000 -- $360 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDGA2002296

Bright MLS
Your Personal Tour Guide

Ask me questions while you tour the home.