NOT LISTED FOR SALE

545 Pine Tree Point Rd Swanton, MD 21561

Estimated Value: $803,000 - $1,085,000

4 Beds
3 Baths
-- Sq Ft
1.94 Acres

Last Sold April 08, 2013

Last sale price $460,000

Est. 107% increase in value since last sale

Current estimated payment $5,767/month

Highlights

  • 1 Dock Slip
  • Water Access
  • Lake Privileges
  • Home fronts navigable water
  • Open Floorplan
  • Deck

About This Home

As of April 2013

Immaculate, beautifully decorated 4 bedroom lake access home with deeded boat slip. Easy, level walk to the community lake access area and docks which are located in very close proximity to the house. Features hardwood floors, tile floors, wet bar, two entertaining areas, stone gas fireplace, with the perfect sized yard in a quiet, very private community.

Last Agent to Sell the Property

Mike Kennedy

(301) 616-6106 mkennedy@railey.com Railey Realty, Inc. License #529372 Listed on: 08/06/2012

Railey Realty, Inc.

Last Buyer's Agent

Kellyann Green

(301) 501-4122 kellyann@railey.com Railey Realty, Inc. License #315861

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 2002

Lot Details

  • 1.94 Acre Lot
  • Home fronts navigable water
  • Northwest Facing Home
  • Landscaped
  • No Through Street
  • Private Lot
  • Secluded Lot
  • The property's topography is level
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned LR

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Mud Room
  • Great Room
  • Family Room Overlook on Second Floor
  • Living Room
  • Dining Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement Windows

Parking

  • Parking Space Number Location: 4
  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Patio
  • Shed
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Well
  • Bottled Gas Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1218072793

Community Details

Overview

  • Association fees include pier/dock maintenance, road maintenance, snow removal

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,426

Year Built

Built in 2002

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Loft
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Island, Combination Kitchen/Living, Combination Dining/Living, Primary Bath(s), Window Treatments, Entry Level Bedroom, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Casement, Screens
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Beamed Ceilings, Dry Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, 2nd Stry Fam Ovrlk, Exercise Room, Great Room, Laundry, Mud Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished, Heated, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 2
  • 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 List: Shed
  • Construction Materials: Cedar, Stone
  • Dock Type: Single Slip
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Fiberglass
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Parking Space Number Assigned: 4
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 798.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pier/Dock, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Road Maintenance, Snow Removal
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 382800.00
  • Land Assessed Value: 109600.00
  • Lot Features: Landscaping, No Thru Street, Partly Wooded, Secluded, Private
  • Lot Size Acres: 1.94
  • Lot Size Area: 84506
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 84506.00
  • Outdoor Living Structures: Deck(s), Patio(s), Wrap Around
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2012
  • Zoning: LR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15668030
  • Tax Annual Amount: 5426.25
  • Assessor Parcel Number: 1218072793
  • Tax Lot: 3
  • Tax Page Number: 300
  • Tax Total Finished Sq Ft: 1864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 04/08/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
Apr 8, 2013
Sold by
Time Out D C L Llc
Bought by
Mains Jon F and Mains Carrie T
Seller's Agent
Mike Kennedy
Railey Realty, Inc.
Buyer's Agent
Kellyann Green
Railey Realty, Inc.
List Price
$525,000
Sold Price
$460,000
Premium/Discount to List
-$65,000
-12.38%
Current Estimated Value
$953,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,201
Avg. Annual Appreciation
6.00%
Original Mortgage
$368,000
Outstanding Balance
$260,345
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$692,856

Purchase Details

Closed on
May 22, 2007
Sold by
Rashap Jeffrey and Rashap Jennifer
Bought by
Time Out Dcl Llc

Purchase Details

Closed on
May 10, 2007
Sold by
Rashap Jeffrey and Rashap Jennifer
Bought by
Time Out Dcl Llc

Purchase Details

Closed on
Jan 9, 2007
Sold by
Siclari Victor R and Siclari Patricia M
Bought by
Rashap Jeffrey and Rashap Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2007
Sold by
Siclari Victor R and Siclari Patricia M
Bought by
Rashap Jeffrey and Rashap Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Swift Bruce T and Swift Carmela
Bought by
Siclari Victor R and Siclari Patricia M

Purchase Details

Closed on
May 6, 2002
Sold by
Turkey Neck Associates
Bought by
Swift Bruce T and Swift Carmela
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
Mains Jon F $460,000 Sage Title Group Llc
Time Out Dcl Llc -- --
Time Out Dcl Llc -- --
Rashap Jeffrey $527,000 --
Rashap Jeffrey $527,000 --
Siclari Victor R $396,000 --
Swift Bruce T $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mains Jon F $368,000
Previous Owner Rashap Jeffrey $417,000
Previous Owner Rashap Jeffrey $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2013 04/08/13 Sold $460,000 -7.8% --
02/19/2013 02/19/13 Pending -- -- --
10/05/2012 10/05/12 Price Changed $499,000 -5.0% --
08/06/2012 08/06/12 For Sale $525,000 -- --
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 $7,691 $676,800 $103,800 $573,000
2024 $7,007 $597,367 $0 $0
2023 $6,079 $517,933 $0 $0
2022 $5,152 $438,500 $103,800 $334,700
2021 $5,130 $436,633 $0 $0
2020 $5,108 $434,767 $0 $0
2019 $5,086 $432,900 $103,800 $329,100
2018 $4,800 $432,900 $103,800 $329,100
2017 $4,801 $432,900 $0 $0
2016 -- $438,400 $0 $0
2015 -- $438,400 $0 $0
2014 -- $438,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004107272

Bright MLS

APN: 18-072793