NOT LISTED FOR SALE

140 Timberloft Cir Unit 12 Oakland, MD 21550

Oakland Area

Estimated Value: $617,000 - $715,170

3 Beds
3.5 Baths
1,760 Sq Ft
$384/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2018

Last sale price $429,900 $244 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,417 / mo

157 Days on Market

Highlights

  • 268 Feet of Waterfront
  • Spa
  • Contemporary Architecture
  • 1 Dock Slip
  • Deck
  • Traditional Floor Plan

About This Home

As of September 2018

Beautiful 3 bedroom, 3.5 bath home located in the Timberloft community. This lakefront home offers 3 levels of living space, granite kitchen counters, a dedicated dock slip, gorgeous lake views, community tennis courts, & more! Relax by the wood burning fireplace or on the deck/hot tub after a fun day on the lake! Established rental being sold fully furnished & turn-key! Call today for more info!

Last Agent to Sell the Property

Jon Bell

(301) 387-2000 jbell@railey.com Railey Realty, Inc. Listed on: 03/08/2018

Railey Realty, Inc.

Last Buyer's Agent

Jay Ferguson

(301) 387-4700 terah@deepcreeksales.com Taylor-Made Deep Creek Real Estate, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 268 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • 1,760 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Front Basement Entry

Outdoor Features

  • Spa
  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Shared Waterfront
  • 1 Powered Boats Permitted
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 12
  • Assessor Parcel Number 1218058464

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance
  • Timberloft HOA
  • Timberloft Community
  • Timberloft Subdivision

Amenities

  • Common Area

Recreation

  • Community Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1990
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Dryer, Washer, Dishwasher, Exhaust Fan, Freezer, Disposal, Refrigerator, Stove
  • Interior Amenities: Dining Area, Window Treatments, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer
  • Basement: Yes
  • Basement Type: Front Entrance, Connecting Stairway, Fully Finished, Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 1760
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 244.26
  • Above Grade Finished Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Single Slip
  • Exterior Features: Hot Tub
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 268

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA Name: TIMBERLOFT
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 275000.00
  • Land Assessed Value: 75000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Federal Flood Zone: UNKNOWN
  • Waterfront Features: Shared

Tax Info

  • Assessor Parcel Number: 15661255
  • Assessor Parcel Number: 1218058464
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Sep 24, 2018
Sold by
Bought by
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Jay Ferguson
Taylor-Made Deep Creek Real Estate, LLC
List Price
$459,900
Sold Price
$429,900
Premium/Discount to List
-$30,000
-6.52%
Current Estimated Value
$676,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,393
Avg. Annual Appreciation
5.98%
Original Mortgage
$386,910
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Aug 12, 2016
Sold by
Bought by
Seller's Agent
Kevin Liller
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$445,000
Sold Price
$360,000
Premium/Discount to List
-$85,000
-19.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Mar 4, 2016
Sold by
Bought by

Purchase Details

Closed on
May 28, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 1990
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$429,900 Sage Title Group Llc
$360,000 None Available
-- Attorney
$168,750 --
$240,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $387,500
Closed $386,910
Previous Owner $327,000
Previous Owner $327,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2018 09/24/18 Sold $429,900 -6.5% $244 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $459,900 +27.8% $261 / Sq Ft
08/12/2016 08/12/16 Sold $360,000 -9.8% $205 / Sq Ft View Prior Sale
07/25/2016 07/25/16 Pending -- -- --
06/23/2016 06/23/16 Price Changed $399,000 -4.8% $227 / Sq Ft
04/28/2016 04/28/16 Price Changed $419,000 -5.8% $238 / Sq Ft
03/01/2016 03/01/16 For Sale $445,000 -- $253 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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 $6,723 $350,000 $0 $0
2016 -- $475,000 $0 $0
2015 -- $475,000 $0 $0
2014 -- $475,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Bell

    Seller's Agent in 2018

    Jon Bell

    Railey Realty, Inc.

    (301) 501-0735

    4 in this area

    586 Total Sales

    Jon Bell
    Section Image
  • Jay Ferguson

    Buyer's Agent in 2018

    Jay Ferguson

    Taylor-Made Deep Creek Real Estate, LLC

    (301) 501-0420

    12 in this area

    250 Total Sales

    Jay Ferguson
    Section Image
  • Kevin Liller

    Seller's Agent in 2016

    Kevin Liller

    Railey Realty, Inc.

    (301) 616-8382

    7 in this area

    119 Total Sales

    Kevin Liller
    Section Image
  • Sue Liller

    Seller Co-Listing Agent in 2016

    Sue Liller

    Railey Realty, Inc.

    (301) 616-8380

    1 Total Sale

    Sue Liller
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000246190

Bright MLS

APN: 18-058464

Maryland Garrett County Oakland 21550

140 Timberloft Cir Unit 12, Oakland, MD

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