NOT LISTED FOR SALE

554 State Park Rd Swanton, MD 21561

Estimated Value: $876,000 - $2,073,000

4 Beds
3 Baths
3,160 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $1,100,000 $348 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,820/month

14 Days on Market

Highlights

  • 63 Feet of Waterfront
  • Fishing Allowed
  • Backs to Trees or Woods
  • 1 Dock Slip
  • Open Floorplan
  • Wood Flooring

About This Home

As of June 2024

Stunning Yellowstone Log Home with a Type-A Dock and 63.5' of park-like lakefront at Deep Creek Lake.
Prime location close to State Park bridge and close proximity to all State Park amenities. This 4 bedroom 3 bath chalet features unique touches such as hand carved floor to ceiling log details throughout. Truly a must see! Situated on .58a with mature hardwoods and beautiful views of the lake. Plenty of outdoor living area including a large deck for outdoor entertaining.

Last Agent to Sell the Property

Justin Liller

Railey Realty, Inc. Listed on: 05/24/2024

Railey Realty, Inc.

Last Buyer's Agent

Chris Nichols

Taylor Made Deep Creek Vacations & Sales License #5012033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,769

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot
  • 63 Feet of Waterfront
  • Home fronts navigable water
  • Split Lakefront
  • Backs to Trees or Woods
  • Property is zoned LR

Home Design

  • Log Cabin
  • Block Foundation
  • Fiberglass Roof
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Limit On Boat Length
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane
  • 60 Gallon+ Electric Water Heater
  • Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1218006944

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,769

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home, Loft
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-24
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning Yellowstone Log Home with a Type-A Dock and 63.5' of park-like lakefront at Deep Creek Lake. Prime location close to State Park bridge and close proximity to all State Park amenities. This 4 bedroom 3 bath chalet features unique touches such as hand carved floor to ceiling log details throughout. Truly a must see! Situated on .58a with mature hardwoods and beautiful views of the lake. Plenty of outdoor living area including a large deck for outdoor entertaining.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Washer
  • Interior Amenities: Breakfast Area, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Loft, Bedroom 6
  • Basement: Yes
  • Basement Type: Fully Finished, Full, Heated
  • Total Sq Ft: 3160
  • Living Area Sq Ft: 3160
  • Price Per Sq Ft: 534.09
  • Above Grade Finished Sq Ft: 2200
  • Below Grade Finished Sq Ft: 960
  • Total Below Grade Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 554

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Roof: Fiberglass
  • View: Water
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 63

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Propane
  • Water Source: Well
  • Internet Services: Cable

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

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25406.00
  • Year Assessed: 2024
  • Zoning: LR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6769.00
  • Assessor Parcel Number: 1218006944
  • Tax Total Finished Sq Ft: 2112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/26/2024

Multi Family

  • Waterfront Features: Private Dock Site, Split Lakefront

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 25, 2024
Sold by
Ladwig Paul K
Bought by
Riccio Agatha C and Riccio Nicholas
Seller's Agent
Justin Liller
Railey Realty, Inc.
Buyer's Agent
Chris Nichols
Taylor Made Deep Creek Vacations & Sales
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Views
11
Current Estimated Value
$1,317,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,550
Avg. Annual Appreciation
16.23%
Original Mortgage
$400,000
Outstanding Balance
$395,602
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$921,948

Purchase Details

Closed on
Dec 29, 2011
Sold by
Ladwig Paul K and Ladwig Susan E
Bought by
Ladwig Paul K

Purchase Details

Closed on
Apr 26, 2010
Sold by
Linz Robert M and Linz Linda M
Bought by
Ladwig Paul and Ladwig Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Lakelife Llc
Bought by
Linz Robert M and Linz Linda M

Purchase Details

Closed on
Feb 18, 2004
Sold by
Cappel Charlotte M
Bought by
Lakelife Llc
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
Riccio Agatha C $1,100,000 Deep Creek Title
Ladwig Paul K -- None Available
Ladwig Paul $765,000 --
Linz Robert M $395,000 --
Lakelife Llc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riccio Agatha C $400,000
Previous Owner Ladwig Paul K $410,000
Previous Owner Ladwig Paul K $417,000
Previous Owner Ladwig Paul K $612,000
Previous Owner Linz Robert M $359,650
Previous Owner Linz Robert M $250,000
Closed Ladwig Paul --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $1,100,000 -6.4% $348 / Sq Ft
05/24/2024 05/24/24 For Sale $1,175,000 -- $372 / 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 $8,361 $707,400 $287,800 $419,600
2024 $7,902 $643,467 $0 $0
2023 $7,175 $579,533 $0 $0
2022 $6,435 $515,600 $250,900 $264,700
2021 $6,411 $509,600 $0 $0
2020 $6,335 $503,600 $0 $0
2019 $6,260 $497,600 $250,900 $246,700
2018 $5,931 $497,600 $250,900 $246,700
2017 $5,881 $497,600 $0 $0
2016 -- $503,200 $0 $0
2015 -- $503,200 $0 $0
2014 -- $503,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2007362

Bright MLS

APN: 18-006944