$137,000
$144,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
SOLD DATE : 12/14/2020
Key Details
Sold Price $137,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Subdivision Silver Tree Suites
MLS Listing ID MDGA132286
Sold Date 12/14/20
Style Post & Beam
Bedrooms 1
Full Baths 1
Condo Fees $347/mo
HOA Y/N N
Originating Board BRIGHT
Year Built 2006
Annual Tax Amount $817
Tax Year 2020
Property Description
LAKEVIEW Studio unit with terrific rental income. Owning a Silver Tree Suites condominium hotel is the least expensive way to OWN LAKEFRONT in Deep Creek Lake. PLUS - no maintenance. Truly convenient to have the support of your front desk staff and have maid cleaning services available. This is a second floor unit, accessible by elevator or one flight of very easy steps that leads to the 2nd floor LAKEVIEW Reading Room. Post and Beam Construction details make the 2 common area living rooms truly delightful. Check t PHOTOS to see the elegant Lobby & beautiful Lakefront. 2020 Gross Owner Income is $19,431 as of 9/11/20 (123 nights booked with 242 nights vacancy ). Rent it out and USE IT when vacant or perhaps rent it out to friends, family & others. Ask Agent for Income-Expense. From MLS Documents download Rental Management synopsis, 2020 rentals to 9/11, & 2019 rental history. NOTE: 2020 gross owner rents - STS was closed from 2/20 - 5/20 due to covid. Sundays & Weekdays - best time to view unit. By APPOINTMENT when unit is not rented.
Location
State MD
County Garrett
Zoning TC
Rooms
Other Rooms Efficiency (Additional)
Main Level Bedrooms 1
Interior
Interior Features Efficiency, Elevator, Kitchenette, Window Treatments
Hot Water Other
Heating Wall Unit
Cooling Central A/C, Wall Unit
Fireplaces Number 1
Fireplaces Type Gas/Propane
Equipment Built-In Microwave, Dishwasher, Disposal, Refrigerator
Furnishings Yes
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Disposal, Refrigerator
Heat Source Electric
Exterior
Exterior Feature Balcony, Deck(s)
Amenities Available Beach, Common Grounds, Elevator, Exercise Room, Extra Storage, Lake, Water/Lake Privileges
Waterfront Y
Water Access Y
View Mountain, Water
Accessibility None
Porch Balcony, Deck(s)
Parking Type Parking Lot
Garage N
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public
Architectural Style Post & Beam
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Call School Board
Middle Schools Southern Middle
High Schools Southern Garrett High
School District Garrett County Public Schools
Others
Pets Allowed N
HOA Fee Include All Ground Fee,Common Area Maintenance,Lawn Maintenance,Management,Reserve Funds,Road Maintenance,Sewer,Snow Removal,Trash
Senior Community No
Tax ID 1218083159
Ownership Condominium
Special Listing Condition Standard
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Bought with Melissa S Goodfellow • Railey Realty, Inc.