Oakland, MD 32k Grossing Condo

One-of-a-Kind. In all of Silver Tree Suites, there are only 2 of these unique Floor Plan that was custom built for original developers. Main Level is the standard plan with (1) Private Bedroom – Full Bath – Living Room with Fireplace with door to Lake Balcony (Fabulous Views of Deep Creek Lake) – Kitchenette combo Dining Room. This Floor Plan is the only Loft Plan that has regular stairs (no spiral staircase) to the upper level. Cathedral Ceilings and additional upper windows bring in a lot of light. Upper Level has its own Living Room with the 2nd Gas Fireplace and semi-private 2nd Bedroom in the alcove. Owner has purchased in 2021 – new Sleeper Sofas, Coffee Table, and Accessory Living Room upholstered chairs for both upper and lower living room. The monthly condominium dues cover much more than other complexes. Includes Sewer & Water, all Propane used for your Gas Fireplace, and Heating your Water for your showers & dishwasher, Trash, Master Insurance Policy, Management, maintenance of all common areas, parking, snow plowing, exterior & interior building maintenance & Reserve Funds (STS has a fabulous reserve budget). All you pay as an owner is your Real Estate Taxes, Electric to Heat and Ac (averages $81 a month for this unit), monthly Internet, Cable TV & Phone @ $65 month plus Insurance for contents. Most policies @ $450 year. Only other units with this same floor plan sold for $299,900 in December 2021. 2021 Gross Rents $32,890 deduct 25% for management. Rented 190 days / 365 so that had 175 vacant days for you to have fun with. Enjoy !!

Listed by:

Melissa S Goodfellow 301-616-5472

Railey Realty, Inc.

Source: Bright MLS,MLS#: MDGA2002296

See more details for 531 Glendale Rd #302-B, Oakland, MD 21550 on Zillow

Facts and features

• Condominium
• 2 bedrooms
• 1 bathroom
• Built in 2006
• Wall furnace, electric
• Wall unit(s), electric
• Parking lot
• $798 monthly HOA fee

Interior details

Bedrooms and bathrooms

• Bedrooms: 2
• Bathrooms: 1
• Full bathrooms: 1
• Main level bathrooms: 1
• Main level bedrooms: 1

Basement

• Area: 0

Heating

• Heating features: Wall Furnace, Electric

Cooling

• Cooling features: Wall Unit(s), Electric

Appliances

• Appliances included: Refrigerator, Dishwasher, Disposal, Microwave, Propane Water Heater

Interior Features

• Interior features: Entry Level Bedroom, Open Floorplan, Kitchenette

Other interior features

• Finished area above ground: 0
• Finished area below ground: 0

Property details

Parking

• Parking features: Parking Lot

Accessibility

• Accessibility features: None

Property

• Levels: Four
• Stories: 4
• Pool features: None
• View description: Lake
• Waterfront features: Sandy Beach, Canoe/Kayak, Fishing Allowed, Swimming Allowed, Lake
• Frontage length: Water Frontage Ft: 400
• Has waterview: Yes
• Waterview: Lake

Other property information

• Additional structures included: Above Grade, Below Grade
• Parcel number: 1218083469
• Attached to another structure: Yes
• Zoning: TC
• Special conditions: Standard

Construction details

Type and style

• Home type: Condo
• Property subType: Condominium

Material information

• Construction materials: Combination, Composition, Post & Beam

Condition

• Property condition: Very Good
• New construction: No
• Year built: 2006

Utilities / Green Energy Details

Utility

• Sewer information: Public Sewer
• Water information: Public
• Utilities for property: Cable Connected, Phone, Propane, Sewer Available, Water Available

Community and Neighborhood Details

Location

• Region: Oakland
• Subdivision: Silver Tree Suites

HOA and financial details

HOA

• Has HOA: Yes
• Amenities included: Lake, Water/Lake Privileges, Sauna, Picnic Area, Laundry Facilities, Fitness Center, Extra Storage, Common Grounds, Game Room
• Services included: Water, Trash, Snow Removal, Sewer, Sauna, Road Maintenance, Reserve Funds, Management, Maintenance Grounds, Insurance, Maintenance Structure, Common Area Maintenance, All Ground Fee
• Second HOA fee: $798 monthly
• Second association name: Silver Tree Suites Council Of Unit Owners

Other financial information

• Annual tax amount: $2,054
• Buyer agency compensation: % Of Gross3
• Total actual rent: 32890

Other

Other facts

• Listing Agreement: Exclusive Right To Sell
• Ownership: Condominium