$450,000
SOLD FEB 26, 2025

1014 Madison St Oakland, MD 21550

5 Beds
3.5 Baths
3,016 Sq Ft
1.02 Acres

Recently Sold

$149 Per Sq Ft

8% Below List Price

21 Days on Market

Highlights

  • Colonial Architecture
  • Backs to Trees or Woods
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Shed

About This Home

As of February 2025

This beautifully updated traditional-style home offers the perfect blend of classic charm and modern convenience. Boasting a spacious and functional layout, this home features two expansive main-level living areas, ideal for both everyday living and entertaining. The high-end updated kitchen is a chef’s dream, complete with top-of-the-line appliances, elegant cabinetry, and a large island for extra prep space.
The main level also includes a comfortable bedroom, perfect for guests or multi-generational living. Upstairs, you'll find a generous primary suite with ample space for relaxation, along with three additional well-sized bedrooms offering flexibility for a home office, playroom, or extra guest space.
Enjoy the outdoors in your large, flat backyard, which includes a back deck and a cozy firepit area—perfect for summer gatherings or chilly evenings under the stars. The attached two-car garage provides protection from the elements and additional storage space, ensuring convenience year-round.
Located in an incredible neighborhood, this home is just minutes from local schools, the hospital, and downtown Oakland’s shops and restaurants. For those who love outdoor recreation, Deep Creek Lake and Wisp Resort are less than a 20-minute drive away. Don’t miss the opportunity to own this stunning home in a highly sought-after location—schedule your private tour today!

Last Agent to Sell the Property

Justin Liller

Railey Realty, Inc. Listed on: 12/16/2024

Railey Realty, Inc.

Last Buyer's Agent

Dan Shockey

Taylor Made Deep Creek Vacations & Sales License #5002478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,256

Year Built

  • Built in 1988 | Remodeled in 2010

Lot Details

  • 1.02 Acre Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,016 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Troy R Gnegy Subdivision

Listing and Financial Details

  • Tax Lot 0007
  • Assessor Parcel Number 1216001082

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,256

Year Built

Built in 1988 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Year Renovated: 2010
  • Remarks Public: This beautifully updated traditional-style home offers the perfect blend of classic charm and modern convenience. Boasting a spacious and functional layout, this home features two expansive main-level living areas, ideal for both everyday living and entertaining. The high-end updated kitchen is a chef’s dream, complete with top-of-the-line appliances, elegant cabinetry, and a large island for extra prep space. The main level also includes a comfortable bedroom, perfect for guests or multi-generational living. Upstairs, you'll find a generous primary suite with ample space for relaxation, along with three additional well-sized bedrooms offering flexibility for a home office, playroom, or extra guest space. Enjoy the outdoors in your large, flat backyard, which includes a back deck and a cozy firepit area—perfect for summer gatherings or chilly evenings under the stars. The attached two-car garage provides protection from the elements and additional storage space, ensuring convenience year-round. Located in an incredible neighborhood, this home is just minutes from local schools, the hospital, and downtown Oakland’s shops and restaurants. For those who love outdoor recreation, Deep Creek Lake and Wisp Resort are less than a 20-minute drive away. Don’t miss the opportunity to own this stunning home in a highly sought-after location—schedule your private tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Dining Area, Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3016
  • Living Area Sq Ft: 3016
  • Price Per Sq Ft: 162.14
  • Above Grade Finished Sq Ft: 3016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1014

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44431.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4256.00
  • Assessor Parcel Number: 1216001082
  • Tax Lot: 0007
  • Tax Total Finished Sq Ft: 3016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/26/2025

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 26, 2025
Sold by
Burgess Robert J
Bought by
Donaldson Brady M and Sickles Hannah L
Seller's Agent
Justin Liller
Railey Realty, Inc.
Buyer's Agent
Dan Shockey
Taylor Made Deep Creek Vacations & Sales
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%
Views
43
Current Estimated Value
$467,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,925
Avg. Annual Appreciation
7.65%
Original Mortgage
$405,000
Outstanding Balance
$402,664
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$65,261

Purchase Details

Closed on
Jun 21, 2002
Sold by
Lyall Jan B
Bought by
Burgess Robert J and Burgess Amy M

Purchase Details

Closed on
Apr 20, 2001
Sold by
Lyall Diana K
Bought by
Lyall Jan B

Purchase Details

Closed on
Dec 22, 1997
Sold by
Lyall Diana K
Bought by
Lyall Diana K
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $450,000 Lake Title
Deed $450,000 Lake Title
Deed $127,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Closed $405,000 New Conventional
Previous Owner $26,000 Future Advance Clause Open End Mortgage
Previous Owner $290,000 Construction
Previous Owner $42,500 Credit Line Revolving
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $450,000 -8.0% $149 / Sq Ft
12/16/2024 12/16/24 For Sale $489,000 -- $162 / 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
2025 $4,487 $305,800 $21,600 $284,200
2024 $3,995 $285,933 $0 $0
2023 $3,899 $266,067 $0 $0
2022 $3,744 $246,200 $21,600 $224,600
2021 $3,599 $244,867 $0 $0
2020 $3,438 $243,533 $0 $0
2019 $3,285 $242,200 $21,600 $220,600
2018 $3,009 $242,200 $21,600 $220,600
2017 $2,886 $242,200 $0 $0
2016 -- $242,200 $0 $0
2015 -- $242,200 $0 $0
2014 -- $242,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2008638

Bright MLS

APN: 16-001082