NOT LISTED FOR SALE

883 Penn Point Rd Oakland, MD 21550

Estimated Value: $947,473 - $1,180,000

4 Beds
3 Baths
2,500 Sq Ft
$421/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2015

Last sale price $495,000 $198 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,049 / mo

703 Days on Market

Highlights

  • 2 Dock Slips
  • Home fronts navigable water
  • Deck
  • Water Views
  • Water Access
  • Contemporary Architecture

About This Home

As of August 2015

Clean crisp contemporary home includes a Type 'A' double slip dock. The Oak hardwood flooring, high cathedral ceilings, floor to ceiling fieldstone wood burning fireplace, and lots of natural light make this a real show place. Features include a large walkout to grade family room w/ a wood burning stove, newer appliances, A/C, freshly painted exterior, and nice lake views from the large deck.

Last Agent to Sell the Property

Doug McClive

(301) 387-4700 terah@deepcreeksales.com Taylor Made Deep Creek Real Estate License #573211 Listed on: 08/06/2013

Taylor Made Deep Creek Real Estate

Last Buyer's Agent

Karen Myers

(301) 387-4700 terah@deepcreeksales.com Taylor Made Deep Creek Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,902

Year Built

  • Built in 1989

Lot Details

  • 32,407 Sq Ft Lot
  • Home fronts navigable water
  • Split Lakefront
  • Wooded Lot
  • Property is in very good condition

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Wood Ceilings
  • Cathedral Ceiling
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a lake
  • Subject To Department Of Natural Resources Permit
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1218025175

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,902

Year Built

Built in 1989

Lot Details

0.74 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country, Combination Dining/Living, Window Treatments, Entry Level Bedroom
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Wood Ceilings, Cathedral Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 332.35
  • Above Grade Finished Sq Ft: 1700
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Dock Type: Type A
  • Construction Completed: No
  • 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

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br, Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 229200.00
  • Land Assessed Value: 314100.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.74
  • Lot Size Area: 32407
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32407.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15659297
  • Tax Annual Amount: 4902.00
  • Assessor Parcel Number: 1218025175
  • Tax Page Number: 347
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: Subject To Dnr Permit
  • Waterfront Features: Split Lakefront, Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Aug 28, 2015
Sold by
Brown Malcolm E D
Bought by
Bailey Duane C and Bailey Barbara J
Seller's Agent
Doug McClive
Taylor Made Deep Creek Real Estate
Buyer's Agent
Karen Myers
Taylor Made Deep Creek Real Estate
List Price
$565,000
Sold Price
$495,000
Premium/Discount to List
-$70,000
-12.39%
Current Estimated Value
$1,051,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,368
Avg. Annual Appreciation
7.34%
Original Mortgage
$396,000
Outstanding Balance
$312,090
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$739,278

Purchase Details

Closed on
Feb 21, 2008
Sold by
Brown Malcolm E D Paula S
Bought by
Brown Malcolm E D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2008
Sold by
Brown Malcolm E D Paula S
Bought by
Brown Malcolm E D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1989
Sold by
Campbell Jeffrey C and Campbell Karen C
Bought by
Brown Malcolm E D and Brown Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.05%

Purchase Details

Closed on
Jul 5, 1984
Sold by
Boger Homer S and Boger Zona A
Bought by
Campbell Jeffrey C and Campbell Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
14.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bailey Duane C $495,000 Sage Title Group Llc
Brown Malcolm E D -- --
Brown Malcolm E D -- --
Brown Malcolm E D $191,500 --
Campbell Jeffrey C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Duane C $396,000
Previous Owner Brown Malcolm E D $417,000
Previous Owner Brown Malcolm E D $417,000
Previous Owner Brown Malcolm E D $180,000
Previous Owner Campbell Jeffrey C $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $495,000 -12.4% $198 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $565,000 +14.1% $226 / Sq Ft
02/01/2015 02/01/15 Off Market $495,000 -- --
12/17/2014 12/17/14 Price Changed $565,000 -10.3% $226 / Sq Ft
07/01/2014 07/01/14 Price Changed $629,900 -3.1% $252 / Sq Ft
08/06/2013 08/06/13 For Sale $649,900 -- $260 / 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 $6,151 $649,700 $260,800 $388,900
2024 $6,114 $591,867 $0 $0
2023 $5,897 $534,033 $0 $0
2022 $5,592 $476,200 $227,100 $249,100
2021 $5,589 $475,933 $0 $0
2020 $5,586 $475,667 $0 $0
2019 $5,583 $475,400 $227,100 $248,300
2018 $5,156 $465,200 $0 $0
2017 $5,044 $475,400 $0 $0
2016 -- $444,800 $0 $0
2015 -- $444,800 $0 $0
2014 -- $444,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003651894

Bright MLS

APN: 18-025175

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