NOT LISTED FOR SALE

62 Glendaloch Ln McHenry, MD 21541

Estimated Value: $1,229,000 - $1,571,000

5 Beds
3.5 Baths
2,808 Sq Ft
$511/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $1,200,000 $427 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,683/month

Highlights

  • 49 Feet of Waterfront
  • 1 Dock Slip
  • Lake View
  • Accident Elementary School Rated 9+
  • Fishing Allowed
  • Chalet

About This Home

As of September 2021

Lakefront masterpiece in McHenry! This remarkable home offers 5 bedrooms and 3.5 bathrooms on 3000 +/- square feet of living space! Enjoy a morning cup of coffee relaxing over the water views, an evening in the hot tub overlooking the lake or take in views of the 4th of July Fireworks from the newly built dock! Top notch finishings throughout the home. This home is an established vacation rental home with Railey Vacations called "Glendalake" with over $65,000 in bookings to date in 2021. Keep the home in the rental market to offset cost of ownership, or enjoy it for your own pleasure. Home is served by public sewer. Public water will be available in 2022! Call today to schedule your showing! This one will not last!

Last Agent to Sell the Property

Nick Fratz-Orr

(301) 616-0473 nick@railey.com Railey Realty, Inc. Listed on: 06/12/2021

Railey Realty, Inc.

Last Buyer's Agent

Terry Boggs

(301) 501-1218 tboggs@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 2008

Lot Details

  • 5,663 Sq Ft Lot
  • 49 Feet of Waterfront

Property Views

  • Lake
  • Mountain

Home Design

  • Chalet
  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • Property has 4 Levels
  • 2 Fireplaces
  • Gas Fireplace
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Public Hookup Available For Water
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 1218016729

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,527

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2021-06-12
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Lakefront masterpiece in McHenry! This remarkable home offers 5 bedrooms and 3.5 bathrooms on 3000 +/- square feet of living space! Enjoy a morning cup of coffee relaxing over the water views, an evening in the hot tub overlooking the lake or take in views of the 4th of July Fireworks from the newly built dock! Top notch finishings throughout the home. This home is an established vacation rental home with Railey Vacations called "Glendalake" with over $65,000 in bookings to date in 2021. Keep the home in the rental market to offset cost of ownership, or enjoy it for your own pleasure. Home is served by public sewer. Public water will be available in 2022! Call today to schedule your showing! This one will not last!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 2808
  • Living Area Sq Ft: 2808
  • Price Per Sq Ft: 667.74
  • Above Grade Finished Sq Ft: 1872
  • Below Grade Finished Sq Ft: 936
  • Total Below Grade Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Lower Level Bedroom: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 3
  • Lower Levels Bathrooms: 2.00
  • Lower Levels 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Architectural Shingle, Metal
  • View: Lake, Mountain
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), 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
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 49

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available
  • Water Source: Well, Public Hook-Up Available

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

  • Additional Parcels: No
  • Improvement Assessed Value: 457900.00
  • Land Assessed Value: 285500.00
  • Land Use Code: 008
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 65000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 15658725
  • Tax Annual Amount: 8527.00
  • Assessor Parcel Number: 1218016729
  • Tax Total Finished Sq Ft: 2808
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/13/2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Sep 7, 2021
Sold by
Adamski Dandridge J
Bought by
Condon Timothy P and Brown Condon Lavell
Seller's Agent
Nick Fratz-Orr
Railey Realty, Inc.
Buyer's Agent
Terry Boggs
Railey Realty, Inc.
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Current Estimated Value
$1,434,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,219
Avg. Annual Appreciation
4.89%
Original Mortgage
$960,000
Outstanding Balance
$874,152
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$581,550

Purchase Details

Listed on
Jan 25, 2019
Closed on
Aug 8, 2019
Sold by
Chase Todd and Chase Bernadette
Bought by
Adamski Dandridge J
Seller's Agent
Bill Weissgerber
Railey Realty, Inc.
Buyer's Agent
Nick Fratz-Orr
Railey Realty, Inc.
List Price
$749,000
Sold Price
$695,000
Premium/Discount to List
-$54,000
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.03%
Original Mortgage
$495,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2011
Closed on
Apr 12, 2013
Sold by
S & F Ventures Llc
Bought by
Chase Todd and Chase Bernadette
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$899,900
Sold Price
$700,000
Premium/Discount to List
-$199,900
-22.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.11%
Original Mortgage
$525,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Robertson Irene E
Bought by
S & F Ventures Llc

Purchase Details

Closed on
Jul 12, 2006
Sold by
Robertson Irene E
Bought by
S & F Ventures 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
Condon Timothy P $1,200,000 Fidelity National Ttl Ins Co
Adamski Dandridge J $695,000 None Available
Chase Todd $700,000 Confidence Title & Escrow In
S & F Ventures Llc $575,000 --
S & F Ventures Llc $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Condon Timothy P $960,000
Previous Owner Adamski Dandridge J $495,000
Previous Owner Chase Todd $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $1,200,000 -4.0% $427 / Sq Ft
07/20/2021 07/20/21 Price Changed $1,250,000 -3.8% $445 / Sq Ft
07/11/2021 07/11/21 Price Changed $1,299,900 -3.7% $463 / Sq Ft
06/28/2021 06/28/21 Price Changed $1,349,900 -3.5% $481 / Sq Ft
06/12/2021 06/12/21 For Sale $1,399,000 +101.3% $498 / Sq Ft
08/16/2019 08/16/19 Sold $695,000 -7.3% $270 / Sq Ft
01/25/2019 01/25/19 Price Changed $749,900 +0.1% $291 / Sq Ft
01/25/2019 01/25/19 For Sale $749,000 +7.0% $291 / Sq Ft
04/12/2013 04/12/13 Sold $700,000 -11.3% $250 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
06/06/2012 06/06/12 Price Changed $789,000 -8.1% $282 / Sq Ft
05/25/2012 05/25/12 Price Changed $859,000 -4.5% $307 / Sq Ft
05/25/2011 05/25/11 For Sale $899,900 -- $321 / 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 $12,952 $1,010,333 $0 $0
2024 $11,645 $876,867 $0 $0
2023 $9,947 $743,400 $285,500 $457,900
2022 $9,727 $721,567 $0 $0
2021 $9,502 $699,733 $0 $0
2020 $9,206 $677,900 $285,500 $392,400
2019 $9,194 $677,033 $0 $0
2018 $8,735 $676,167 $0 $0
2017 $7,946 $675,300 $0 $0
2016 -- $675,300 $0 $0
2015 -- $675,300 $0 $0
2014 -- $742,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA135446

Bright MLS

APN: 18-016729