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$439,000

Beds
6
Baths
4.5
sq ft
3,269

12814 Appel Rd SE, Little Orleans, MD 21766

12814 Appel Rd SE

LITTLE ORLEANS, MD 21766

  • 135 days on market
    • Price drop $10,000↓
“Vacation property, Airbnb portfolio or full time home. So many possibilities, this property could even be broken into 2 separate Airbnb listings! Major renovations were done starting in 2022 including a new standing seam metal roof, new exterior doors, new siding and soffit, updated plumbing, electrical & HVAC and much more. A wall was taken down to create an expansive main room with beautiful tounge & groove v-joint natural wood ceilings, new engineered hardwood floors, a gorgeous kitchen with custom cabinets, black leathered granite countertops, a commercial grade 6 burner stove and rustic locally sourced live edge maple shelving. A cozy nook bar is located just off just off the kitchen. Enjoy your morning coffee or evening bourbon in the bar or head out to the deck to enjoy your beverage in the crisp mountain air of Western Maryland. Too many other new upgrades to list…come on out and see for yourself! This unique property sits on the edge of the Green Ridge State Forest- the largest adjoining block of public land in Maryland – and is less than 2 hours from DC, Baltimore and Northern Virginia. From the property, you can see and hear 15 Mile Creek as is flows into the Potomac River. Hike or bike an easy ¼ mile from the property to the C& O Canal Towpath Trail and the Western Maryland Rail Trail. Enjoy hiking, biking, kayaking, canoeing, fishing, hunting and much more in this serene setting. Originally a 600 sq ft one-room school house built in 1870, the property was transformed into a 3,269 sq ft lodge in the 1990’s catering to hikers, bikers and outdoor enthusiasts. The old school house is now a living room with a wood buring stove and original hardwood floors. Several bedrooms and bathrooms on the main living level provide plenty of room to enjoy. You can choose the owners suite – 3rd level with 2 bedrooms, a full bathroom and a private terrace overlooking 15 Mile Creek or the spacious 2nd level bedroom with private bathroom. A brand new platform composite deck with safari tent overlooking the creek, fire pit gathering area and grill area create the perfect outdoor experience you have been dreaming about! The current short term rental listed on Hipcamp features a Queen size bed and access to the indoor suite with a full bathroom, kitchenette, sleeping area and covered outdoor seating. The property has it all and is located within walking distance to a pub and a short drive to Locust Post Brewery and Rocky Gap Casino and Resort.

Details

Property type

Single Family Residence

Est. home value

$206,131

Lot size

1.2 acres

Price per sq ft

$135

Year built

1870

Annual property taxes

$1,692

HOA

No

Price History

08/07/2024
Bright

Bright #MDAL2008882

Price change
$439,000
-2.23%
06/06/2024
Bright

Bright #MDAL2008882

Price change
$449,000
-6.26%
05/04/2024
Bright

Bright #MDAL2008882

Listed
$479,000
+194.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ALLEGANY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$284,693
Asking price
$439,000
Closing costs (~8% of asking)
-$35,120
Est. remaining loan balance
-$119,187
Cash to seller
$284,693

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homespire Mortgage Corp

Loan start date

July 2021

Original loan amount

$128,000

Est. remaining balance

$119,187

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Terence Rudd Gilroy and Maria Gilroy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/16/2024 at 4:00 PM

Listing updated: 08/23/2024 at 1:13 AM

Listed by: Craig P Marsh, Marsh Realty Phone #: (301) 696-1196

MLS: Bright #MDAL2008882

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Tomo Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2024 Bright MLS. All rights reserved.