NOT LISTED FOR SALE

773 Glendale Rd Oakland, MD 21550

Estimated Value: $2,467,335 - $2,708,000

9 Beds
7.5 Baths
6,060 Sq Ft
$422/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $1,325,000 $219 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $15,450/month

320 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Indoor Pool
  • Open Floorplan
  • 3 Dock Slips
  • Water Oriented
  • Deck

About This Home

As of October 2015

Timberlodge --Luxurious lakefront custom log home with 9 BR s, including 5 MBRs, 7 1/2 BA, indoor pool, massive stone fireplace, rec room, loft w/pool table, 2 level outdoor deck, lighted pathway to lakefront with private Type A dock permitted for (3) power boat slips, (1) non power vessel & gazebo. Top performing vacation rental property with established 6-figure income. Rare opportunity!

Last Agent to Sell the Property

Rich Orr

(301) 387-2000 rorr@railey.com Railey Realty, Inc. License #34181 Listed on: 10/21/2014

Railey Realty, Inc.

Co-Listed By

Terry Boggs

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

Last Buyer's Agent

Mike Kennedy

(301) 387-2000 mkennedy@railey.com Railey Realty, Inc. License #529372

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,293

Year Built

  • Built in 2002

Lot Details

  • 0.36 Acre Lot
  • 100 Feet of Waterfront
  • Mountainous Lot
  • The property's topography is level
  • Property is in very good condition

Parking

  • Off-Street Parking

Property Views

  • Water
  • Woods
  • Mountain

Home Design

  • Log Cabin
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • 2 Fireplaces
  • Heatilator
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Country Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Six Burner Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Indoor Pool
  • Water Oriented
  • Property is near a lake
  • 3 Dock Slips
  • 3 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Balcony
  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sand Stones On The Lake HOA
  • Sand Stones On The Lake Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 1218072181

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,293

Year Built

Built in 2002

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven - Wall, Refrigerator, Six Burner Stove
  • Interior Amenities: Kitchen - Country, Kitchen - Island, Dining Area, Entry Level Bedroom, Primary Bath(s), Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Heatilator, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Bedroom 1, Exercise Room, Great Room, Laundry, Loft, Utility Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 6060
  • Living Area Sq Ft: 6060
  • Price Per Sq Ft: 343.47
  • Above Grade Finished Sq Ft: 4440
  • Below Grade Finished Sq Ft: 1620
  • Total Below Grade Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 9
  • Main Level Bedrooms: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Dock Type: Type A
  • Construction Completed: No
  • Pool Features: Indoor
  • Roof: Fiberglass
  • View: Mountain, Trees/Woods, Water
  • Water Access: No
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: SAND STONES ON THE LAKE
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Area: 15712
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15712.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Very Good
  • Topography: Level

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: None Available

Tax Info

  • Assessor Parcel Number: 15667870
  • Tax Annual Amount: 13292.86
  • Assessor Parcel Number: 1218072181
  • Tax Lot: 3
  • Tax Page Number: 294
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2014
Closed on
Oct 23, 2015
Sold by
Wilke Robert T and Wilke Laura M
Bought by
Okeefe Neil L and Okeefe Kelly R
Seller's Agent
Rich Orr
Railey Realty, Inc.
Buyer's Agent
Mike Kennedy
Railey Realty, Inc.
List Price
$1,650,000
Sold Price
$1,325,000
Premium/Discount to List
-$325,000
-19.7%
Current Estimated Value
$2,558,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,233,584
Avg. Annual Appreciation
6.54%
Original Mortgage
$1,060,000
Outstanding Balance
$844,323
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,714,261

Purchase Details

Closed on
May 2, 2013
Sold by
Bear Ghaven Lodge Llc
Bought by
Wilke Robert T and Wilke Laura M

Purchase Details

Closed on
Aug 5, 2003
Sold by
Wilke Robert T and Wilke Laura M
Bought by
Bear Haven Lodge Llc

Purchase Details

Closed on
Jun 30, 2003
Sold by
Warden Ventures Llc
Bought by
Wilke Robert T and Wilke Laura M

Purchase Details

Closed on
Apr 9, 2002
Sold by
Adrian Enterprises Llc
Bought by
Warden Ventures Llc
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
Okeefe Neil L $1,325,000 Deep Creek Title Group
Wilke Robert T -- None Available
Bear Haven Lodge Llc -- --
Wilke Robert T $395,000 --
Warden Ventures Llc $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okeefe Neil L $1,060,000
Closed Warden Ventures Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $1,325,000 -13.1% $219 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
09/05/2015 09/05/15 Price Changed $1,525,000 -4.6% $252 / Sq Ft
01/08/2015 01/08/15 Price Changed $1,599,000 -3.1% $264 / Sq Ft
10/21/2014 10/21/14 For Sale $1,650,000 -- $272 / 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 $25,640 $2,000,000 $431,200 $1,568,800
2024 $23,250 $1,750,733 $0 $0
2023 $22,074 $1,649,767 $0 $0
2022 $16,880 $1,252,200 $375,000 $877,200
2021 $16,870 $1,242,300 $0 $0
2020 $16,736 $1,232,400 $0 $0
2019 $16,602 $1,222,500 $375,000 $847,500
2018 $14,555 $1,126,600 $0 $0
2017 $14,655 $1,222,500 $0 $0
2016 -- $934,800 $0 $0
2015 -- $934,800 $0 $0
2014 -- $934,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003234026

Bright MLS

APN: 18-072181

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