NOT LISTED FOR SALE

63 Doc Thompson Rd Swanton, MD 21561

Estimated Value: $1,366,000 - $1,673,000

4 Beds
4 Baths
2,223 Sq Ft
$676/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $1,500,000 $675 Per Sq Ft

Current estimated payment $8,757/month

20 Days on Market

Highlights

  • 115 Feet of Waterfront
  • Fishing Allowed
  • Cottage
  • 1 Dock Slip
  • No HOA
  • 1 Car Attached Garage

About This Home

As of July 2024

A truly special property on the south end of Deep Creek Lake. Offering 115’ of pristine, level shoreline, 1.35 acres, an unrestricted Type-A dock, 2200+ sq.ft home on 3 levels with 4BR/4BA and much more. Includes the buydown parcel. An iconic original lake cottage. This 1945 built home has character from the original days of Deep Creek Lake for the new owner to enjoy for many years to come. Properties like this do not come available often. Call today to schedule a private tour.

Last Agent to Sell the Property

Nick Fratz-Orr

(301) 616-0473 nick@railey.com Railey Realty, Inc. Listed on: 05/23/2024

Railey Realty, Inc.

Last Buyer's Agent

Nick Fratz-Orr

(301) 616-0473 nick@railey.com Railey Realty, Inc. Listed on: 05/23/2024

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,640

Year Built

  • Built in 1945

Lot Details

  • 1.35 Acre Lot
  • 115 Feet of Waterfront
  • Home fronts navigable water
  • Buydown Parcel

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Oversized Parking

Home Design

  • Cottage
  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,223 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Fireplace

Bedrooms and Bathrooms

Unfinished Basement

  • Connecting Stairway
  • Garage Access

Outdoor Features

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

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 1218003376

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,640

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-25
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Remarks Public: A truly special property on the south end of Deep Creek Lake. Offering 115’ of pristine, level shoreline, 1.35 acres, an unrestricted Type-A dock, 2200+ sq.ft home on 3 levels with 4BR/4BA and much more. Includes the buydown parcel. An iconic original lake cottage. This 1945 built home has character from the original days of Deep Creek Lake for the new owner to enjoy for many years to come. Properties like this do not come available often. Call today to schedule a private tour.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Garage Access, Unfinished
  • Total Sq Ft: 2223
  • Living Area Sq Ft: 2223
  • Price Per Sq Ft: 719.30
  • Above Grade Finished Sq Ft: 2223
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 63

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 115

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Propane - Leased
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Buydown Parcel
  • Land Use Code: R
  • Lot Size Acres: 1.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 58826.00
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7640.00
  • Assessor Parcel Number: 1218003376
  • Tax Total Finished Sq Ft: 2223
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/09/2024

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
May 23, 2024
Closed on
Jul 3, 2024
Sold by
Inge E Lipp Trust
Bought by
Reese Mary Jane and Reese George K
Seller's Agent
Nick Fratz-Orr
Railey Realty, Inc.
Buyer's Agent
Nick Fratz-Orr
Railey Realty, Inc.
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Views
14
Current Estimated Value
$1,503,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,016
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Mar 14, 2024
Sold by
Lipp Inge E
Bought by
Lipp Inge E

Purchase Details

Closed on
Oct 23, 2009
Sold by
Lipp Robert and Lipp Inge E
Bought by
Lipp Robert E and Trstees Inge E

Purchase Details

Closed on
Dec 19, 2002
Sold by
Lipp Robert
Bought by
Lipp Robert and Lipp Inge E

Purchase Details

Closed on
Nov 16, 2000
Sold by
Thompson Louise W
Bought by
Lipp Robert
Source: Public Records

Range of Values:

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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
Reese Mary Jane $1,500,000 Deep Creek Title
Lipp Inge E -- None Listed On Document
Inge E Lipp Trust -- None Listed On Document
Lipp Robert E -- --
Lipp Robert E -- --
Lipp Robert -- --
Lipp Robert $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lipp Robert --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $1,500,000 -6.2% $675 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,599,000 -- $719 / 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 $9,453 $832,400 $444,600 $387,800
2024 $8,711 $743,233 $0 $0
2023 $7,670 $654,067 $0 $0
2022 $6,628 $564,900 $388,400 $176,500
2021 $6,588 $561,467 $0 $0
2020 $6,518 $558,033 $0 $0
2019 $6,508 $554,600 $388,400 $166,200
2018 $6,141 $554,600 $388,400 $166,200
2017 $6,142 $554,600 $0 $0
2016 -- $558,000 $0 $0
2015 -- $558,000 $0 $0
2014 -- $558,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2007324

Bright MLS

APN: 18-003376