NOT LISTED FOR SALE

91 Laurel Ln Swanton, MD 21561

Estimated Value: $935,000 - $2,201,000

4 Beds
2.5 Baths
1,980 Sq Ft
$700/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $1,220,000 $616 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,391/month

96 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Second Kitchen
  • Waterfall on Lot
  • 3 Dock Slips
  • Fishing Allowed
  • Lake View

About This Home

As of August 2020

If you are looking for that 6-8 Bedroom "McMansion", this probably isn't your home. If you are looking for a "Classic Deep Creek Lake Cabin", then look no further. You get roughly 3.77 acres of land and 167' of prime lakefront with a home that was built in 1937, only 12 years after the lake was finished. The home has had extensive and exquisite updating recently and is a true gem. The main level features a huge great room with wood walls and ceilings and a massive stone fireplace that has a gas log set for those cozy evenings. The kitchen has been updated and the kitchen and dining room have radiant in floor heat. The kitchen also features a large pantry. On the main level you will also find a bedroom with private bath just across the hallway and could easily be made into a true master bedroom. There is also an office area on the main level at the stairway leading to the fully finished and recently updated lower level. The lower level has 2 bedrooms and one huge, updated bath with a large walk-in tile shower. The bedroom on the lakefront side has wonderful views of the lake and dock. The bedroom on the other side features a sink for convenience. The utility/laundry room features a second kitchen which is convenient to the large family room with beautiful lake and dock views. The second level has a loft area and a 4th bedroom with wood flooring and half bath. The exterior and waterfront of this home are second to none. It is an easy walk down the level lot to the lakefront that features an aluminum dock with synthetic decking. The dock also has a canopy which is a popular option for docks at Deep Creek Lake. The dock is a Type A dock permit so you can keep two power boats, a personal watercraft, and a non-power boat at the dock. There is extensive hardscaping on the exterior with professionally installed paver brick patio and retaining wall. This property is listed for sale at $1,250,000 for the home and 100' of lakefront and additional 67' lakefront lot (also includes huge two car detached garage on the upper side of Laurel Lane TAX ID #1218000733) and also an additional 1.5 acre lot (TAX ID 1218036975). Home is on public sewer and the additional two parcels also have sewer taps reserved and paid for. The additional lakefront lot with 2 car garage and additional 1.5 acre lot on Laurel Lane WILL NOT be sold separately from the home at 91 Laurel Lane.

Last Agent to Sell the Property

Kevin Liller

Railey Realty, Inc. Listed on: 04/01/2020

Railey Realty, Inc.

Last Buyer's Agent

Jon Bell

Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 1937

Lot Details

  • 3.77 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Extensive Hardscape
  • Zoning described as Lake Residential

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Loft
  • Basement

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Limit On Boat Length
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Deck
  • Waterfall on Lot

Schools

  • Southern Middle School
  • Southern Garrett High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Powered By Leased Propane
  • Radiant Heating System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 1218012103

Community Details

Overview

  • No Home Owners Association
  • Deep Creek Lake Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,500

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Ownership: Fee Simple
  • Exclusions: See Inclusions/Exclusions addendum in Documents Section of Bright
  • Historic: No
  • Home Warranty: No
  • Inclusions: See Inclusions/Exclusions addendum in Documents Section of Bright
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-04-01
  • Federal Flood Zone: No
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: If you are looking for that 6-8 Bedroom "McMansion", this probably isn't your home. If you are looking for a "Classic Deep Creek Lake Cabin", then look no further. You get roughly 3.77 acres of land and 167' of prime lakefront with a home that was built in 1937, only 12 years after the lake was finished. The home has had extensive and exquisite updating recently and is a true gem. The main level features a huge great room with wood walls and ceilings and a massive stone fireplace that has a gas log set for those cozy evenings. The kitchen has been updated and the kitchen and dining room have radiant in floor heat. The kitchen also features a large pantry. On the main level you will also find a bedroom with private bath just across the hallway and could easily be made into a true master bedroom. There is also an office area on the main level at the stairway leading to the fully finished and recently updated lower level. The lower level has 2 bedrooms and one huge, updated bath with a large walk-in tile shower. The bedroom on the lakefront side has wonderful views of the lake and dock. The bedroom on the other side features a sink for convenience. The utility/laundry room features a second kitchen which is convenient to the large family room with beautiful lake and dock views. The second level has a loft area and a 4th bedroom with wood flooring and half bath. The exterior and waterfront of this home are second to none. It is an easy walk down the level lot to the lakefront that features an aluminum dock with synthetic decking. The dock also has a canopy which is a popular option for docks at Deep Creek Lake. The dock is a Type A dock permit so you can keep two power boats, a personal watercraft, and a non-power boat at the dock. There is extensive hardscaping on the exterior with professionally installed paver brick patio and retaining wall. This property is listed for sale at $1,250,000 for the home and 100' of lakefront and additional 67' lakefront lot (also includes huge two car detached garage on the upper side of Laurel Lane TAX ID #1218000733) and also an additional 1.5 acre lot (TAX ID 1218036975). Home is on public sewer and the additional two parcels also have sewer taps reserved and paid for. The additional lakefront lot with 2 car garage and additional 1.5 acre lot on Laurel Lane WILL NOT be sold separately from the home at 91 Laurel Lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Great Room, Laundry, Loft
  • Basement: Yes
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 630.81
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 91

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Exterior Features: Extensive Hardscape, Water Falls
  • Roof: Shingle
  • View: Lake, Mountain
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: SOUTHERN MIDDLE
  • High School: SOUTHERN GARRETT HIGH
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139907558
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 123800.00
  • Land Assessed Value: 301900.00
  • Land Use Code: 008
  • Lot Size Acres: 3.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 164221.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R
  • Zoning Description: Lake Residential
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15658430
  • Tax Annual Amount: 8500.00
  • Assessor Parcel Number: 1218012103
  • Tax Total Finished Sq Ft: 1980
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/21/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Oct 5, 2020
Sold by
Finkel Jan M and Finkel Judith W
Bought by
Faulkner Thomas Alan and Faulkner Colleen Danielle
Seller's Agent
Kevin Liller
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$1,349,000
Sold Price
$1,220,000
Premium/Discount to List
-$129,000
-9.56%
Current Estimated Value
$1,386,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,435
Avg. Annual Appreciation
1.38%
Original Mortgage
$1,037,000
Outstanding Balance
$958,059
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$347,467

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 21, 2020
Sold by
Finkel Jan M and Finkel Judith W
Bought by
Faulkner Thomas Alan and Faulkner Colleen Danielle
Seller's Agent
Kevin Liller
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$1,349,000
Sold Price
$1,220,000
Premium/Discount to List
-$129,000
-9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,037,000
Outstanding Balance
$958,059
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$347,467
Source: Public Records

Range of Values:

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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
Faulkner Thomas Alan $1,220,000 Maryland Title Center Llc
Faulkner Thomas Alan $1,220,000 Maryland Title Center Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Thomas Alan $1,037,000
Previous Owner Faulkner Thomas Alan $1,037,000
Previous Owner Finkel Jan Monroe $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $1,220,000 -2.3% $616 / Sq Ft
07/06/2020 07/06/20 Price Changed $1,249,000 +2.0% $631 / Sq Ft
07/06/2020 07/06/20 Price Changed $1,225,000 +36.9% $619 / Sq Ft
06/29/2020 06/29/20 Price Changed $895,000 -33.7% $452 / Sq Ft
06/18/2020 06/18/20 Price Changed $1,349,000 +50.7% $681 / Sq Ft
06/12/2020 06/12/20 Price Changed $895,000 -33.7% $452 / Sq Ft
04/01/2020 04/01/20 For Sale $1,349,000 -- $681 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $8,804 $716,900 $0 $0
2023 $7,073 $571,300 $0 $0
2022 $5,313 $425,700 $301,900 $123,800
2021 $5,302 $421,467 $0 $0
2020 $5,108 $417,233 $0 $0
2019 $4,883 $413,000 $301,900 $111,100
2018 $4,551 $413,000 $301,900 $111,100
2017 $4,013 $413,000 $0 $0
2016 -- $415,800 $0 $0
2015 -- $415,800 $0 $0
2014 -- $415,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA132306

Bright MLS

APN: 18-012103