$140,000
SOLD JUN 20, 2016

565 Glendale Rd Unit 303B Oakland, MD 21550

2 Beds
1 Bath
887 Sq Ft
$649/mo HOA Fee

Recently Sold

$158 Per Sq Ft

30% Below List Price

295 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Pier
  • Bar or Lounge
  • Marina
  • Private Beach
  • Fitness Center

About This Home

As of March 2019

GORGEOUS LAKEFRONT 2 BEDROOM CONDO w/ LOFT- Largest unit in complex. Sleeps 8. Furnished. 3 flat screen TVs-DVDs, 2 FP, kitchenette, full size refrigerator, lake view balcony. Master BR w/walk-in closet & 2nd BR in loft. 2 queen sleeper sofas. Community features beach, marina, playground, fitness/ sauna, game and meeting rooms, coffee shop, DVD rentals. Grand Lobby w/FPs, Restaurant, Harbor Bar.

Last Agent to Sell the Property

Linda Antonini

Blackwell Real Estate, LLC License #643615 Listed on: 07/20/2015

Last Buyer's Agent

Melissa Goodfellow

Railey Realty, Inc. License #88821

Railey Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 2006

Lot Details

  • 350 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $649 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 887 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Family Room Overlook on Second Floor
  • Family Room on Second Floor
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Driveway
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Swimming Allowed
  • 6 Powered Boats Permitted
  • Lake Privileges
  • Balcony

Utilities

  • Cooling System Utilizes Bottled Gas
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Association fees include exterior building maintenance, gas, lawn maintenance, insurance, recreation facility, reserve funds, sewer, snow removal, trash, water, sauna
  • 51 Units
  • Silver Tree Suites HOA
  • Low-Rise Condominium
  • Silver Tree Suites Community
  • Silver Tree Suites Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Meeting Room
  • Bar or Lounge
  • Laundry Facilities
  • 1 Elevator
  • Community Storage Space

Recreation

  • Marina
  • Beach
  • Community Playground
  • Fitness Center

Pet Policy

  • No Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,275

Year Built

Built in 2006

Lot Details

0

HOA Fees

$649 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice,Furniture Conveys
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2006
  • Remarks Public: GORGEOUS LAKEFRONT 2 BEDROOM CONDO w/ LOFT- Largest unit in complex. Sleeps 8. Furnished. 3 flat screen TVs-DVDs, 2 FP, kitchenette, full size refrigerator, lake view balcony. Master BR w/walk-in closet & 2nd BR in loft. 2 queen sleeper sofas. Community features beach, marina, playground, fitness/ sauna, game and meeting rooms, coffee shop, DVD rentals. Grand Lobby w/FPs, Restaurant, Harbor Bar.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven - Single, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Window Treatments
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Equipment
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall, High, Vaulted Ceilings, 9'+ Ceilings
  • Entry Location: Floors 2-5
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Family Room, 2nd Stry Fam Ovrlk, 2nd Stry Fam Rm, Loft
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 887
  • Living Area Sq Ft: 887
  • Price Per Sq Ft: 169.11
  • 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
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Private Beach
  • View: Water, Scenic Vista, Trees/Woods
  • Water Access Features: Canoe/Kayak, Private Access, Swimming Allowed
  • 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: 350

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Monthly Average Electric: 42
  • Previous Twelve Months Electric Expense: 501.24
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Sprinkler System - Indoor, Resident Manager, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Community, Well

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 648.74
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Beach, Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Sauna, Tot Lots/Playground, Water/Lake Privileges, Marina/Marina Club
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Lawn Maintenance, Insurance, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water, Sauna
  • HOA Condo Co-Op Rules: Covenants, Pets - Not Allowed, Restrictions
  • HOA Name: SILVER TREE SUITES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558

Lot Info

  • Improvement Assessed Value: 110000.00
  • Land Assessed Value: 50000.00
  • Lot Features: Backs To Trees
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2015

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 23725.00
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: None Available
  • Metering: Electric Separate
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 15673544
  • Tax Annual Amount: 2275.00
  • Assessor Parcel Number: 1218083477
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 06/20/2016

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

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
$198,808
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$241,394

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
16.08%
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

Similar Home in Oakland, MD

  • 565 Glendale Rd Unit 116, Oakland, MD 21550

    $179,000

    • 1 Bed
    • 1 Bath
    • 484 Sq Ft
    • 565 Glendale Rd
    • Unit 116
    • Oakland, MD

    Don't miss this rare opportunity to own a beautifully updated 1-bedroom unit at Silver Tree Suites on Deep Creek Lake! This turn-key condo features recent upgrades and is being sold fully furnished, making it perfect as a vacation getaway or income-generating rental. The unit boasts a solid rental history, offering immediate investment potential. Enjoy access to a wide range of on-site amenities,

    Nina Beitzel Railey Realty, Inc.

    Section Image

Range of Values:

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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
07/01/2025 07/01/25 Price Changed $419,900 -6.5% $473 / Sq Ft
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: 1002668830

Bright MLS

APN: 18-083477