NOT LISTED FOR SALE

87 Lemley Dr Unit E Oakland, MD 21550

Estimated Value: $351,000 - $377,000

3 Beds
2 Baths
900 Sq Ft
$405/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2021

Last sale price $288,000 $320 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,301 / mo

5 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Fishing Allowed
  • Pier or Dock
  • Canoe or Kayak Water Access
  • Lake View

About This Home

As of May 2021

This might be the most affordable way to own a home at Deep Creek Lake! Incredible lake views from virtually everywhere in this unique get-away 3 bedroom and 2 bathroom cottage. Assigned boat slip just across Garrett Highway. Experience 4 seasons of paradise with quick and convenient access to resort amenities.

Last Agent to Sell the Property

Justin Liller

(301) 387-2000 justin@railey.com Railey Realty, Inc. Listed on: 04/02/2021

Railey Realty, Inc.

Last Buyer's Agent

Amy Mangum

(301) 387-2000 mangumamy@yahoo.com Railey Realty, Inc. License #677670

Railey Realty, Inc.

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1988

Lot Details

  • Home fronts navigable water
  • Mountainous Lot
  • Property is in good condition

HOA Fees

  • $110 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Single Family Detached Home
  • Condominium
  • Modular Prefabricated Home
  • Cedar

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Burning Fireplace
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Limit On Boat Length
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock made with Vinyl Clad Material
  • 1 Powered Boats Permitted

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 1218040271

Community Details

Overview

  • Association fees include road maintenance, pier/dock maintenance
  • Innsbrook Village Condos
  • Innsbruck Village Subdivision

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Fishing Allowed

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,327

Year Built

Built in 1988

Lot Details

0 Sq Ft Lot

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Modular/Pre-Fabricated
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-02
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Floor Plan - Open
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 319.44
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1320.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Innsbrook Village
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Pier/Dock Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110000.00
  • Land Assessed Value: 75000.00
  • Property Condition: Good
  • Zoning: LR1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15660263
  • Tax Annual Amount: 2327.00
  • Assessor Parcel Number: 1218040271
  • Tax Lot: E
  • Tax Page Number: 290
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 21, 2021
Sold by
Mckenna James and Mckenna Gina
Bought by
Wright John A and Wright Carolyn H
Seller's Agent
Justin Liller
Railey Realty, Inc.
Buyer's Agent
Amy Mangum
Railey Realty, Inc.
List Price
$287,500
Sold Price
$288,000
Premium/Discount to List
$500
0.17%
Current Estimated Value
$364,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,259
Avg. Annual Appreciation
4.93%
Original Mortgage
$230,400
Outstanding Balance
$201,615
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,644

Purchase Details

Closed on
Nov 14, 2015
Sold by
Gabor Paul D and Gabor Margaret M
Bought by
Mckenna James

Purchase Details

Closed on
Nov 4, 1988
Sold by
Israel Ebenezer
Bought by
Murphy George W and Murphy Frances S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
10.12%

Purchase Details

Closed on
Jul 17, 1986
Sold by
Innsbruck Village Inc
Bought by
Israel Ebenezer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
10.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright John A $288,000 Deep Creek Title Group Llc
Mckenna James $199,900 Attorney
Murphy George W $84,000 --
Israel Ebenezer $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright John A $230,400
Previous Owner Murphy George W $67,200
Previous Owner Israel Ebenezer $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $288,000 +0.2% $320 / Sq Ft
04/02/2021 04/02/21 For Sale $287,500 -- $319 / 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 $2,754 $233,000 $110,000 $123,000
2024 $2,665 $217,000 $0 $0
2023 $2,488 $201,000 $0 $0
2022 $2,309 $185,000 $75,000 $110,000
2020 $2,327 $185,000 $75,000 $110,000
2019 $2,327 $185,000 $75,000 $110,000
2018 $1,899 $159,333 $0 $0
2017 $2,039 $185,000 $0 $0
2016 -- $108,000 $0 $0
2015 -- $108,000 $0 $0
2014 -- $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA134818

Bright MLS

APN: 18-040271

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