NOT LISTED FOR SALE

98 Bee Tree Ln Oakland, MD 21550

Estimated Value: $1,885,000 - $2,304,000

0.67 Acres
$3,186,951 Price per Acre
29,185 Sq Ft Lot

Sale Details

Date Sold: August 20, 2016

Last sale price $460,000 $804 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $13,014 / mo

45 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Premium Lot
  • 2 Powered Boats Permitted
  • 2 Dock Slips
  • No HOA

About This Lot

As of August 2016

Prime 100' Lakefront building site with big water views & naturally sandy beach. Private Type A dock. Conveys with sewer tap. Located on private lane with no through traffic. Existing cottage preserves setback so you can build 14' off buffer strip. See Also Residential Listing GA9672289 for more information.

Last Agent to Sell the Property

Michelle Josephs

(301) 387-2000 mjosephs@railey.com Railey Realty, Inc. License #573384 Listed on: 05/31/2016

Railey Realty, Inc.

Last Buyer's Agent

Karen Myers

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,726

Lot Details

  • 29,185 Sq Ft Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • No Through Street
  • Premium Lot
  • Cost To Obtain Building Permits

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 1218029421

Community Details

Overview

  • No Home Owners Association
  • Lake Shore Drive Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$4,726

Lot Details

0.67 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 17.10

Exterior Features

  • Dock Type: Type A
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 53800.00
  • Lot Features: Premium, No Thru Street
  • Lot Size Acres: 0.67
  • Lot Size Area: 29185
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29185.00
  • Possible Use: Residential
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15663009
  • Tax Annual Amount: 4726.48
  • Assessor Parcel Number: 1218029421
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • 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
May 31, 2016
Closed on
Aug 19, 2016
Sold by
Josephs Tim M and Josephs Michelle I
Bought by
Surette Marc R and The Marc R Surette Revocable T
Seller's Agent
Michelle Josephs
Railey Realty, Inc.
Buyer's Agent
Karen Myers
Taylor Made Deep Creek Real Estate
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$2,135,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,675,257
Avg. Annual Appreciation
17.34%

Purchase Details

Closed on
May 18, 2005
Sold by
Erson Elizabeth P
Bought by
Josephs Tim M Michelle I

Purchase Details

Closed on
Sep 7, 1982
Sold by
Errett David J and Errett Mildred E
Bought by
Anderson Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
15.59%
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
Surette Marc R $460,000 Sage Title Group Llc
Josephs Tim M Michelle I $500,000 --
Anderson Elizabeth P $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Elizabeth P $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2016 08/20/16 Sold $460,000 -7.8% $804 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $499,000 -- $872 / 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 $20,322 $1,719,300 $431,300 $1,288,000
2024 $18,003 $1,466,033 $0 $0
2023 $15,014 $1,212,767 $0 $0
2022 $11,975 $959,500 $375,100 $584,400
2021 $11,922 $947,667 $0 $0
2020 $11,773 $935,833 $0 $0
2019 $11,624 $924,000 $375,100 $548,900
2018 $4,471 $375,100 $375,100 $0
2017 $5,087 $375,100 $0 $0
2016 -- $428,900 $0 $0
2015 -- $428,900 $0 $0
2014 -- $428,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003914773

Bright MLS

APN: 18-029421

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