$232,500
SOLD JUL 10, 2025

114 Waterwheel Rd Oakland, MD 21550

3 Beds
1 Bath
960 Sq Ft
0.49 Acres

Recently Sold

$242 Per Sq Ft

20% Below List Price

138 Days on Market

Highlights

  • Traditional Floor Plan
  • Cottage
  • Wall Furnace
  • No HOA
  • Property is in very good condition
  • Gas Fireplace

About This Home

As of July 2025

Welcome to Willow Cottage, a charming 3-bedroom, 1-bath home nestled near Deep Creek Lake, MD. Surrounded by lush gardens and shaded by a beautiful willow tree, this inviting home is filled with natural light, featuring original hardwood floors and unique custom touches throughout. The newly renovated kitchen boasts brand-new cabinets, countertops, appliances, and flooring, while the updated bathroom adds modern comfort. Recent improvements include four mini-split AC/heat units, new flex plumbing, fresh drywall and paint, three new windows, a finished laundry room, and epoxy flooring in the lower level game/family room. Additional upgrades like new ceiling fans, track lighting, and TV wall outlets enhance convenience and style. Don’t miss this move-in-ready home in a prime location—schedule your private showing today!

Last Agent to Sell the Property

Laura Newhall

Taylor Made Deep Creek Vacations & Sales Listed on: 02/08/2025

Taylor Made Deep Creek Vacations & Sales

Last Buyer's Agent

Jessie Railey

Railey Realty, Inc. License #5006522

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1965

Lot Details

  • 0.49 Acre Lot
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Free Standing Fireplace
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Thayerville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1207012403

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2/10/2025 12:00:00 AM
  • Year Built: 1965
  • Building Winterized: Yes
  • Remarks Public: Welcome to Willow Cottage, a charming 3-bedroom, 1-bath home nestled near Deep Creek Lake, MD. Surrounded by lush gardens and shaded by a beautiful willow tree, this inviting home is filled with natural light, featuring original hardwood floors and unique custom touches throughout. The newly renovated kitchen boasts brand-new cabinets, countertops, appliances, and flooring, while the updated bathroom adds modern comfort. Recent improvements include four mini-split AC/heat units, new flex plumbing, fresh drywall and paint, three new windows, a finished laundry room, and epoxy flooring in the lower level game/family room. Additional upgrades like new ceiling fans, track lighting, and TV wall outlets enhance convenience and style. Don’t miss this move-in-ready home in a prime location—schedule your private showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Floor Plan - Traditional
  • Fireplace Features: Free Standing, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Walkout Level, Interior Access, Outside Entrance
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 259.38
  • Above Grade Finished Sq Ft: 960
  • Below Grade Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well
  • Internet Services: Fiber Optic, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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 Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1430.00
  • Assessor Parcel Number: 1207012403
  • Tax Total Finished Sq Ft: 960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/10/2025

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
Jul 9, 2025
Sold by
Sachs Linthicum Eli and Taylor Linthicum Casey
Bought by
465 Wall Avenue Llc
Seller's Agent
Laura Newhall
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Jessie Railey
Railey Realty, Inc.
List Price
$289,000
Sold Price
$232,500
Premium/Discount to List
-$56,500
-19.55%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
266.95%

Purchase Details

Closed on
Jan 2, 2025
Sold by
Hynes David
Bought by
Sachs Hynes Alexandra

Purchase Details

Listed on
Sep 24, 2019
Closed on
Sep 22, 2020
Sold by
Linthicum Eli Sachs and Linthicum Casey Taylor
Bought by
Hynes David and Hynes Alexandra Sachs
Seller's Agent
Terah Crawford
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Beverly Everett
Taylor Made Deep Creek Vacations & Sales
List Price
$148,000
Sold Price
$128,000
Premium/Discount to List
-$20,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Original Mortgage
$115,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2016
Sold by
Hinebaugh Guy W and Hinebaugh Hazel R
Bought by
Pool Madonna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,389
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2000
Sold by
Hinebaugh Guy W
Bought by
Hinebaugh Guy W and Hinebaugh Hazel R

Purchase Details

Closed on
Feb 8, 1999
Sold by
Kahl Michael P
Bought by
Hinebaugh Guy W

Purchase Details

Closed on
Sep 14, 1994
Sold by
Kahl Anna
Bought by
Kahl Michael P
Source: Public Records

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Range of Values:

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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 $232,500 Lake Title
Deed $232,500 Lake Title
Quit Claim Deed -- Lake Title
Deed $128,000 Lake Title Llc
Deed $106,000 Attorney
Deed -- --
Deed $10,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,200 New Conventional
Previous Owner $95,389 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $232,500 -6.6% $242 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $249,000 -7.4% $259 / Sq Ft
04/25/2025 04/25/25 Price Changed $269,000 -6.9% $280 / Sq Ft
02/08/2025 02/08/25 For Sale $289,000 +125.8% $301 / Sq Ft
09/23/2020 09/23/20 Sold $128,000 -8.6% $133 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $140,000 -5.4% $146 / Sq Ft
10/05/2019 10/05/19 For Sale $148,000 -- $154 / 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 $1,529 $132,400 $13,100 $119,300
2024 $1,460 $122,467 $0 $0
2023 $1,344 $112,533 $0 $0
2022 $1,228 $102,600 $13,100 $89,500
2021 $1,208 $100,867 $0 $0
2020 $1,158 $99,133 $0 $0
2019 $1,168 $97,400 $13,100 $84,300
2018 $1,103 $97,400 $13,100 $84,300
2017 $626 $97,400 $0 $0
2016 -- $97,400 $0 $0
2015 -- $97,400 $0 $0
2014 -- $97,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2008830

Bright MLS

APN: 07-012403