NOT LISTED FOR SALE

1507 Wheeling Ave Oakland, MD 21550

Estimated Value: $201,000 - $229,000

4 Beds
2 Baths
1,840 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $150,500 $82 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,292/month

29 Days on Market

Highlights

  • Raised Ranch Architecture
  • No HOA
  • Ceiling Fan
  • Workshop
  • 90% Forced Air Heating System
  • Electric Baseboard Heater

About This Home

As of June 2022

4BR, 2BA home in Mt Lake Park, walking distance to Broadford Lake park. This is a well-built home in need of cosmetic repairs and being sold AS-IS. Featuring hardwood floors, spacious kitchen & partially finished basement. Conventional loans & cash buyers are accepted forms of financing; home is unlikely to pass requirements for FHA, USDA or VA financing. Original roof appears to be in decent shape and the mechanicals & appliances all seem to function. Most notably in need of drywall repair, missing trim, paint & flooring. Large brown storage shed does not convey.

Last Agent to Sell the Property

Jay Ferguson

(301) 501-0420 jay@deepcreeksales.com Taylor Made Deep Creek Vacations & Sales Listed on: 04/22/2022

Last Buyer's Agent

Sydney Tichinel

sydney@railey.com Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

Improved Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Workshop

Schools

  • Southern Middle School
  • Southern Garrett High School

Utilities

  • 90% Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Mountain Lake Park Subdivision

Listing and Financial Details

  • Tax Lot 0006
  • Assessor Parcel Number 1216021571

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Improved, Heated, Workshop
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 1840
  • Price Per Sq Ft: 144.23
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 1040
  • Total Below Grade Sq Ft: 1840
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Block
  • Roof: Shingle
  • Spa: No
  • 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: Ceiling Fan(s)
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard - Electric, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 77100.00
  • Land Assessed Value: 20400.00
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12196.00
  • Property Condition: Below Average
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15656962
  • Tax Annual Amount: 1475.00
  • Assessor Parcel Number: 1216021571
  • Tax Lot: 0006
  • Tax Page Number: 159
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 29, 2022
Sold by
Thrift Robert B and Thrift Tammy L
Bought by
Guy Jace
Seller's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
Buyer's Agent
Sydney Tichinel
Railey Realty, Inc.
List Price
$149,999
Sold Price
$150,500
Premium/Discount to List
$501
0.33%
Current Estimated Value
$215,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,803
Avg. Annual Appreciation
10.49%
Original Mortgage
$145,985
Outstanding Balance
$138,888
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$76,415

Purchase Details

Closed on
Nov 1, 1999
Sold by
Garrett Co Habitat For Humanity In
Bought by
Thrift Robert B and Thrift Tammy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Guy Jace $150,500 None Listed On Document
Thrift Robert B $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guy Jace $145,985
Closed Guy Jace $145,985
Closed Thrift Robert B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $150,500 +0.3% $82 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $149,999 -- $82 / 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 $2,091 $138,700 $20,400 $118,300
2024 $1,948 $124,967 $0 $0
2023 $1,748 $111,233 $0 $0
2022 $1,558 $97,500 $20,400 $77,100
2020 $1,558 $96,967 $0 $0
2019 $1,521 $96,700 $20,400 $76,300
2018 $1,489 $96,700 $20,400 $76,300
2017 $1,490 $96,700 $0 $0
2016 -- $97,000 $0 $0
2015 -- $97,000 $0 $0
2014 -- $97,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Ferguson

    Seller's Agent in 2022

    Jay Ferguson

    Taylor Made Deep Creek Vacations & Sales

    (301) 501-0420

    260 Total Sales

    Jay Ferguson
    Section Image

  • S

    Buyer's Agent in 2022

    Sydney Tichinel

    Railey Realty, Inc.

See All Agents

Map

Source: Bright MLS

MLS Number: MDGA2002638

Bright MLS

APN: 16-021571

Maryland Garrett County Oakland 21550

1507 Wheeling Ave, Oakland, MD

Not Listed for Sale

Detached

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