NOT LISTED FOR SALE

7 Arrowhead Ln Oakland, MD 21550

Estimated Value: $642,000 - $724,000

3 Beds
3 Baths
1,650 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2015

Last sale price $335,750 $203 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,615 / mo

14 Days on Market

Highlights

  • 1,300 Feet of Waterfront
  • Open Floorplan
  • Cathedral Ceiling
  • 1 Dock Slip
  • Deck
  • Whirlpool Bathtub

About This Home

As of July 2015

Exceptionally well maintained unit with lake views and assigned dock slip just steps from your door. Super convenient location for all four seasons of fun. Walk to restaurants, stores and movie theater. Unique 3 level design offers bedroom and bath on each level. Being sold "turn-key", ready to move in and enjoy!

Last Agent to Sell the Property

Michelle Josephs

(301) 387-2000 mjosephs@railey.com Railey Realty, Inc. License #573384 Listed on: 06/05/2015

Railey Realty, Inc.

Co-Listed By

Tim Josephs

tjosephs@railey.com Railey Realty, Inc. License #MRIS:8153

Last Buyer's Agent

Susan Bell

(301) 387-2000 sbell@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1986

Lot Details

  • 1,300 Feet of Waterfront
  • Home fronts navigable water
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Split Level Home
  • Stone Siding
  • Cedar

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Screen For Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Parking

  • Driveway
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near a lake
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck

Utilities

  • Cooling Available
  • Vented Exhaust Fan
  • Baseboard Heating
  • 60 Gallon+ Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1218042541

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pier/dock maintenance, reserve funds, road maintenance, trash
  • Arrowhead Community
  • Arrowhead Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Community Boat Dock
  • Pier or Dock
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Split Level
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Primary Bath(s), Window Treatments, Wet/Dry Bar, Whirlpool/Hottub, Floor Plan - Open
  • Window Features: Insulated, Screens, Skylights
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Wood Ceilings
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished, Daylight, Full, Heated, Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 211.82
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar, Stone
  • Dock Type: Floating
  • Construction Completed: No
  • Exterior Features: Street Lights
  • View: Water
  • 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: 1300

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Jog/Walk Path, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Trash
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 320000.00
  • Land Assessed Value: 50000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Assigned
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 15660402
  • Assessor Parcel Number: 1218042541
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 24, 2015
Sold by
Predergast Michael J and Prendergast Shirley C
Bought by
Chocola Robert W
Seller's Agent
Michelle Josephs
Railey Realty, Inc.
Buyer's Agent
Susan Bell
Railey Realty, Inc.
List Price
$349,500
Sold Price
$335,750
Premium/Discount to List
-$13,750
-3.93%
Current Estimated Value
$689,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,264
Avg. Annual Appreciation
6.78%
Original Mortgage
$251,812
Outstanding Balance
$189,307
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$489,575

Purchase Details

Closed on
Jun 1, 1990
Sold by
Mcknew Thomas I and Mcknew Janet B
Bought by
Prendergast Michael J and Prendergast Shirley C

Purchase Details

Closed on
Jul 16, 1986
Sold by
Delligatti Michael J and Delligatti Eleanora B
Bought by
Mcknew Thomas I and Mcknew Janet B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
10.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chocola Robert W $335,750 Deep Creek Title Group
Prendergast Michael J $182,500 --
Mcknew Thomas I $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chocola Robert W $251,812
Previous Owner Mcknew Thomas I $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $335,750 -3.9% $203 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $349,500 -- $212 / Sq Ft
Source: Bright MLS

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 $8,782 $685,000 $160,000 $525,000
2024 $7,525 $566,667 $0 $0
2023 $5,999 $448,333 $0 $0
2022 $3,854 $330,000 $50,000 $280,000
2020 $4,481 $330,000 $50,000 $280,000
2019 $4,481 $330,000 $50,000 $280,000
2018 $4,263 $330,000 $50,000 $280,000
2017 $4,739 $330,000 $0 $0
2016 -- $334,800 $0 $0
2015 -- $370,000 $0 $0
2014 -- $370,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002636060

Bright MLS

APN: 18-042541

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