Seller's Agent in 2018
Mike Kennedy
Railey Realty, Inc.
(301) 616-6106
63 in this area
264 Total Sales
640 Lake Shore Dr Oakland, MD 21550
Estimated Value: $389,000 - $578,000
2
Beds
2
Baths
1,617
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Public Beach
- Open Floorplan
- Canoe or Kayak Water Access
- Fishing Allowed
- Deck
About This Home
As of November 2018Rustic lake access cottage at Deep Creek Lake! Clean and well maintained with a private, wooded setting. Conveys with a 1/12th deeded ownership interest in a nearby lakefront parcel (Tax ID 1218029049) with 100 feet of frontage for easy access to Deep Creek. Perfect for canoeing, kayaking, and relaxing down by the water's edge! A rare offering for an affordable vacation home! No dock eligibility.
Last Agent to Sell the Property
Railey Realty, Inc. License #529372 Listed on: 10/17/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,337
Year Built
- Built in 1971
Lot Details
- 0.45 Acre Lot
- Home fronts navigable water
- Public Beach
- The property's topography is level
- Wooded Lot
- Property is zoned LR1
Parking
- Off-Street Parking
Home Design
- Cottage
- Wood Walls
- Fiberglass Roof
- Stone Siding
Interior Spaces
- 1,617 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- 2 Fireplaces
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Loft
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
Improved Basement
- Heated Basement
- Walk-Out Basement
- Connecting Stairway
- Exterior Basement Entry
Outdoor Features
- Canoe or Kayak Water Access
- Public Water Access
- Property is near a lake
- Waterski or Wakeboard
- Sail
- Limited Hours Of Personal Watercraft Operation
- Limit On Boat Length
- Powered Boats Permitted
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1218029391
Community Details
Overview
- No Home Owners Association
- Lake Shore Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2018
Closed on
Nov 16, 2018
Sold by
Hitt Lorin M
Bought by
Masters Annette and Dijak Russ
Seller's Agent
Mike Kennedy
Railey Realty, Inc.
Buyer's Agent
Nina Beitzel
Railey Realty, Inc.
List Price
$199,000
Sold Price
$196,000
Premium/Discount to List
-$3,000
-1.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,893
Avg. Annual Appreciation
14.38%
Original Mortgage
$186,200
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2017
Sold by
Hitt Perry L
Bought by
Hitt Lorin M
Purchase Details
Closed on
May 31, 2016
Sold by
Hitt Jennifer C and The Estate Of Jane L Hitt
Bought by
Hitt Lorin M and Hitt Perry L
Purchase Details
Closed on
Mar 16, 2007
Sold by
Hitt Jane L
Bought by
Hitt Jane L
Purchase Details
Closed on
Apr 13, 1988
Sold by
Hancock John
Bought by
Hitt Jane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
10.19%
Purchase Details
Closed on
May 28, 1987
Sold by
Twigg Richard G and Twigg Barbara A
Bought by
Hancock John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
10.81%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Masters Annette | $196,000 | Deep Creek Title Group | |
| Hitt Lorin M | -- | None Available | |
| Hitt Lorin M | -- | Attorney | |
| Hitt Jane L | -- | -- | |
| Hitt Jane L | $70,500 | -- | |
| Hancock John | $53,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dijak Russell E | $264,550 | |
| Closed | Masters Annette | $186,200 | |
| Previous Owner | Hitt Jane L | $183,000 | |
| Previous Owner | Hitt Jane L | $185,000 | |
| Previous Owner | Hitt Jane L | $56,400 | |
| Previous Owner | Hancock John | $76,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2018 11/16/18 | Sold | $196,000 | -1.5% | $121 / Sq Ft |
| 10/23/2018 10/23/18 | Pending | -- | -- | -- |
| 10/17/2018 10/17/18 | For Sale | $199,000 | -- | $123 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,787 | $320,400 | $100,900 | $219,500 |
| 2024 | $3,466 | $282,233 | $0 | $0 |
| 2023 | $3,022 | $244,067 | $0 | $0 |
| 2022 | $2,570 | $205,900 | $70,900 | $135,000 |
| 2021 | $2,556 | $203,167 | $0 | $0 |
| 2020 | $2,521 | $200,433 | $0 | $0 |
| 2019 | $2,487 | $197,700 | $70,900 | $126,800 |
| 2018 | $2,356 | $197,700 | $70,900 | $126,800 |
| 2017 | $2,356 | $197,700 | $0 | $0 |
| 2016 | -- | $200,200 | $0 | $0 |
| 2015 | -- | $200,200 | $0 | $0 |
| 2014 | -- | $200,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Kennedy
-
Nina Beitzel
Buyer's Agent in 2018
Nina Beitzel
Railey Realty, Inc.
(724) 272-8454
75 in this area
368 Total Sales
Map
Source: Bright MLS
MLS Number: 1009946230
APN: 18-029391
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