565 Glendale Rd Unit 312 Oakland, MD 21550
Estimated payment $2,435/month
Highlights
- 120 Feet of Waterfront
- Lake Privileges
- Sauna
- Fitness Center
- Community Lake
- Loft
About This Home
$7,500 closing cost incentive being offered with a full price offer!! Own your very own slice of peace and relaxation at Deep Creek Lake. The Suites at Silver Tree sits along 350 feet of private shoreline. The resort is a destination for many, and this unit (one of the top rental units in the building) produces an annual revenue of $25k+. One of only four loft units that has a private bedroom at the resort, this opportunity does not come up often. This is the perfect condo for someone who wants to enjoy Deep Creek and bring in investment income as well. There is a superb on-site restaurant and bar, and professional on-site management, you will love the convenience of owning a suite within this community. This has been recently upgraded with new granite countertops throughout, granite fireplace surround, fresh paint, new furniture, carpet, and much more. The famous Dutch's at Silver Tree Restaurant and the accompanying Harbor Bar are feet away from your private unit and feature some of the best food and drinks at Deep Creek Lake! Silver Tree Marine is at your fingertips featuring boat, kayak, and SUP rentals. Take advantage of this established revenue earning vacation rental unit and start living the lake lifestyle today! Call now for more details or to see this property and the community in-person!
Listing Agent
(304) 517-9323 sara@balzre.com EXP Realty, LLC License #WVS240303311 Listed on: 02/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,317
Year Built
- Built in 2006
Lot Details
- 120 Feet of Waterfront
- Home fronts navigable water
- Two or More Common Walls
- Property is in excellent condition
HOA Fees
- $857 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Entry on the 3rd floor
- Composite Building Materials
Interior Spaces
- 785 Sq Ft Home
- Property has 1 Level
- Furnished
- Window Treatments
- Living Room
- Loft
- Efficiency Studio
Kitchen
- Kitchenette
- Microwave
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Outdoor Features
- Water Access
- Property is near a lake
- Lake Privileges
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Propane Water Heater
Listing and Financial Details
- Assessor Parcel Number 1218083299
Community Details
Overview
- Association fees include exterior building maintenance, gas, lawn maintenance, insurance, sewer, snow removal, sauna
- Low-Rise Condominium
- Silver Tree Suites Community
- Silver Tree Suites Subdivision
- Community Lake
Amenities
- Common Area
- Sauna
- Laundry Facilities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,141 | $245,000 | $10,000 | $235,000 |
| 2024 | $2,634 | $198,333 | $0 | $0 |
| 2023 | $2,029 | $151,667 | $0 | $0 |
| 2022 | $1,415 | $105,000 | $10,000 | $95,000 |
| 2021 | $1,426 | $105,000 | $10,000 | $95,000 |
| 2020 | $1,426 | $105,000 | $10,000 | $95,000 |
| 2019 | $2,037 | $150,000 | $50,000 | $100,000 |
| 2018 | $1,938 | $150,000 | $50,000 | $100,000 |
| 2017 | $2,123 | $150,000 | $0 | $0 |
| 2016 | -- | $150,000 | $0 | $0 |
| 2015 | -- | $150,000 | $0 | $0 |
| 2014 | -- | $150,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | For Sale | $259,999 | +147.6% | $331 / Sq Ft |
| 08/23/2019 08/23/19 | Sold | $105,000 | -57.8% | $134 / Sq Ft |
| 07/19/2019 07/19/19 | Pending | -- | -- | -- |
| 12/15/2011 12/15/11 | For Sale | $249,000 | -- | $317 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $105,000 | Deep Creek Title Group | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $265,000 | -- | |
| Deed | $265,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $94,489 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $224,500 | Unknown | |
| Previous Owner | $224,500 | Unknown |
Source: Bright MLS
MLS Number: MDGA2008890
APN: 18-083299
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