Seller's Agent in 2021
Larry Smith
Railey Realty, Inc.
(301) 501-5564
38 in this area
115 Total Sales
121 Timberloft Ln Unit 5 Oakland, MD 21550
Estimated Value: $729,000 - $965,000
3
Beds
3.5
Baths
1,605
Sq Ft
$516/Sq Ft
Est. Value
Highlights
- 1 Dock Slip
- Water Access
- Recreation Room
- Home fronts navigable water
- Lake View
- Traditional Floor Plan
About This Home
As of April 2021Tucked away in the Lake Community of Timberloft, this 3 bedroom 3 1/2 bath stand alone unit offers exceptional views of Deep Creek Lake! The cozy atmosphere inside is enhanced by tons of natural light, warm up beside the wood burning fireplace in the living room. 2 master suites, separate rec room downstairs offer plenty of places to just get away and relax. Centrally located to every lake attraction and amenity! Your assigned dock slip just steps away! Established Vacation Rental, Simplicity, has a solid rental history! Don't let this unit pass you by!
Last Agent to Sell the Property
(301) 501-5564 lsmith@railey.com Railey Realty, Inc. Listed on: 02/08/2021
Last Buyer's Agent
(301) 616-8820 sean@deepcreekvacations.com Taylor Made Deep Creek Vacations & Sales License #655228
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,403
Year Built
- Built in 1990
Lot Details
- Home fronts navigable water
- Property is zoned LR
HOA Fees
- $293 Monthly HOA Fees
Home Design
- Wood Siding
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Ceiling Fan
- Wood Burning Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Recreation Room
- Utility Room
- Carpet
- Lake Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Outdoor Features
- Water Access
- Property is near a lake
- Physical Dock Slip Conveys
- 1 Dock Slip
- 1 Powered Boats Permitted
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- 60 Gallon+ Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 5
- Assessor Parcel Number 1218058383
Community Details
Overview
- Association fees include common area maintenance, lawn maintenance, management, pier/dock maintenance, reserve funds, road maintenance, snow removal
- $33 Other Monthly Fees
- Timberloft Subdivision
- Property Manager
Recreation
- Boat Dock
- 1 Community Docks
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2021
Closed on
Apr 16, 2021
Sold by
Scalza Louis M and Scalza Dawn M
Bought by
Kampas Stephanie C and Kampas Ronald K
Seller's Agent
Larry Smith
Railey Realty, Inc.
Buyer's Agent
Sean Sober
Taylor Made Deep Creek Vacations & Sales
List Price
$629,000
Sold Price
$646,500
Premium/Discount to List
$17,500
2.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,314
Avg. Annual Appreciation
5.67%
Original Mortgage
$517,200
Outstanding Balance
$466,969
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$360,845
Purchase Details
Closed on
Mar 4, 2016
Sold by
Hough Michael E and Hough Annette R
Bought by
Timberloft Council Of Owners
Purchase Details
Closed on
May 20, 2008
Sold by
Gerdts Mildred M
Bought by
Scalza Louis M and Scalza Dawn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2008
Sold by
Gerdts Mildred M
Bought by
Scalza Louis M and Scalza Dawn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2000
Sold by
Vontacky Edith H
Bought by
Gerdts Mildred M
Purchase Details
Closed on
Jan 9, 1991
Sold by
Timberloft Development Group Inc
Bought by
Vontacky Edith H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
9.56%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kampas Stephanie C | $646,500 | Lake Title Llc | |
| Timberloft Council Of Owners | -- | Attorney | |
| Scalza Louis M | $445,000 | -- | |
| Scalza Louis M | $445,000 | -- | |
| Gerdts Mildred M | $230,000 | -- | |
| Vontacky Edith H | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kampas Stephanie C | $517,200 | |
| Previous Owner | Scalza Louis M | $245,000 | |
| Previous Owner | Scalza Louis M | $245,000 | |
| Previous Owner | Vontacky Edith H | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2021 04/19/21 | Sold | $646,500 | +2.8% | $403 / Sq Ft |
| 02/18/2021 02/18/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $629,000 | -- | $392 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,782 | $685,000 | $160,000 | $525,000 |
| 2024 | $7,614 | $573,333 | $0 | $0 |
| 2023 | $6,177 | $461,667 | $0 | $0 |
| 2022 | $4,718 | $350,000 | $75,000 | $275,000 |
| 2021 | $4,753 | $350,000 | $75,000 | $275,000 |
| 2020 | $4,753 | $350,000 | $75,000 | $275,000 |
| 2019 | $4,753 | $350,000 | $75,000 | $275,000 |
| 2018 | $4,522 | $350,000 | $75,000 | $275,000 |
| 2017 | $6,582 | $350,000 | $0 | $0 |
| 2016 | -- | $465,000 | $0 | $0 |
| 2015 | -- | $465,000 | $0 | $0 |
| 2014 | -- | $465,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Smith
-
Sean Sober
Buyer's Agent in 2021
Sean Sober
Taylor Made Deep Creek Vacations & Sales
(301) 616-8820
16 in this area
83 Total Sales
Map
Source: Bright MLS
MLS Number: MDGA134416
APN: 18-058383
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