$170,000
SOLD MAR 22, 2019

565 Glendale Rd Unit 303B Oakland, MD 21550

2 Beds
1 Bath
887 Sq Ft
3,354 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

14% Below List Price

273 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Fitness Center
  • Chalet
  • Sandy Beach
  • Water Oriented
  • Community Lake

About This Home

As of March 2019

LAKEFRONT VIEW Unit. Was originally built for the Developer. There are ONLY 2 FLOOR PLANS like this one in all of Silver Tree Suites. EXTRA DETAILS: 2nd fireplace on upper level for 2nd bedroom which is in the Loft; no spiral staircase - true set of steps from LR to loft. King Bed in Bedroom #1 & Queen in 2nd sleeping area. Only identical floor plan Sales Comp is GA9787467303-B sold 12-2016

Last Agent to Sell the Property

Melissa Goodfellow

Railey Realty, Inc. License #88821 Listed on: 05/11/2018

Railey Realty, Inc.

Last Buyer's Agent

Melissa Goodfellow

Railey Realty, Inc. License #88821 Listed on: 05/11/2018

Railey Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 2006

Lot Details

  • 800 Feet of Waterfront
  • Sandy Beach

Property Views

  • Water
  • Woods

Home Design

  • Chalet
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 887 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Two Story Ceilings
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Available By Lease
  • Shared Waterfront
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 303
  • Assessor Parcel Number 1218083477

Community Details

Overview

  • No Home Owners Association
  • Association fees include gas, common area maintenance, custodial services maintenance, lawn maintenance, management, insurance, reserve funds, road maintenance, sewer, snow removal, trash, water
  • 1 Elevator
  • Silver Tree Suites HOA
  • Silver Tree Suites Community
  • Silver Tree Suites Subdivision
  • The community has rules related to covenants, parking rules
  • Community Lake

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,275

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Chalet, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2006
  • Remarks Public: LAKEFRONT VIEW Unit. Was originally built for the Developer. There are ONLY 2 FLOOR PLANS like this one in all of Silver Tree Suites. EXTRA DETAILS: 2nd fireplace on upper level for 2nd bedroom which is in the Loft; no spiral staircase - true set of steps from LR to loft. King Bed in Bedroom #1 & Queen in 2nd sleeping area. Only identical floor plan Sales Comp is GA9787467303-B sold 12-2016
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Kitchenette, Window Treatments
  • Fireplace Features: Equipment, Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall, 2 Story Ceilings
  • Entry Location: Floors 2-5
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 887
  • Living Area Sq Ft: 887
  • Price Per Sq Ft: 197.18
  • Above Grade Finished Sq Ft: 887
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 565

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
  • Construction Materials: Hardiplank Type, Stone
  • View: Water, Trees/Woods
  • Water Access: No
  • 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: 800

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Unassigned
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Community, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage, Exercise Room, Fitness Center, Lake, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Gas, Common Area Maintenance, Custodial Services Maintenance, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Covenants, Parking
  • HOA Name: SILVER TREE SUITES
  • HOA: No
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: 3rd Party

Lot Info

  • Improvement Assessed Value: 110000.00
  • Land Assessed Value: 50000.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2018
  • Zoning: TC
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Waterfront Features: Sandy Beach, Shared

Tax Info

  • Assessor Parcel Number: 15673544
  • Tax Annual Amount: 2275.20
  • Assessor Parcel Number: 1218083477
  • Tax Lot: 303
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 03/22/2019

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Houston Scott H and Houston Linda R
Bought by
Cresswell Christopher J and Cresswell Jocelyn
Total Days on Market
273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$199,214
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$175,201

Purchase Details

Listed on
May 11, 2018
Closed on
Mar 15, 2019
Sold by
Nette Fortunato Jr A Robert and Nette Fortunato Lyn
Bought by
Houston Scott H and Houston Linda R
Seller's Agent
Melissa Goodfellow
Railey Realty, Inc.
Buyer's Agent
Melissa Goodfellow
Railey Realty, Inc.
List Price
$198,500
Sold Price
$170,000
Premium/Discount to List
-$28,500
-14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$151,300
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 20, 2015
Closed on
Jun 20, 2016
Sold by
Lorenze Alice C
Bought by
Nette Fortunato Jr A Robert and Nette Fortunato Lyn
Seller's Agent
Linda Antonini
Blackwell Real Estate, LLC
Buyer's Agent
Melissa Goodfellow
Railey Realty, Inc.
List Price
$199,900
Sold Price
$140,000
Premium/Discount to List
-$59,900
-29.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Apr 10, 2009
Sold by
Lorenze James V and Lorenze Alice C
Bought by
Lorenze Alice C

Purchase Details

Closed on
Mar 21, 2006
Sold by
Deep Creek Investment & Management
Bought by
Lorenze James V and Lorenze Alice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.5%
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 Type Sale Price Title Company
Deed $900 None Listed On Document
Deed $170,000 Deep Creek Title Group
Deed $140,000 Deep Creek Title Group
Deed -- --
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Closed $215,000 New Conventional
Previous Owner $151,300 Adjustable Rate Mortgage/ARM
Previous Owner $244,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $449,000 +164.1% $506 / Sq Ft
03/22/2019 03/22/19 Sold $170,000 -2.8% $192 / Sq Ft
01/15/2019 01/15/19 Price Changed $174,900 -11.9% $197 / Sq Ft
05/11/2018 05/11/18 For Sale $198,500 +41.8% $224 / Sq Ft
06/20/2016 06/20/16 Sold $140,000 -6.7% $158 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
09/03/2015 09/03/15 Price Changed $150,000 -25.0% $169 / Sq Ft
07/20/2015 07/20/15 For Sale $199,900 -- $225 / 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 $3,276 $246,667 $0 $0
2023 $2,788 $208,333 $0 $0
2022 $2,292 $170,000 $10,000 $160,000
2021 $2,218 $166,667 $0 $0
2020 $2,218 $163,333 $0 $0
2019 $2,173 $160,000 $50,000 $110,000
2018 $2,067 $160,000 $50,000 $110,000
2017 $2,265 $160,000 $0 $0
2016 -- $160,000 $0 $0
2015 -- $160,000 $0 $0
2014 -- $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001161234

Bright MLS

APN: 18-083477