NOT LISTED FOR SALE

1557 Sanders Ln Oakland, MD 21550

Estimated Value: $380,000 - $503,000

3 Beds
2 Baths
2,417 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $288,000 $119 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,569/month

Highlights

  • Horse Facilities
  • View of Trees or Woods
  • Deck
  • Stables
  • 20 Acre Lot
  • Wood Burning Stove

About This Home

As of August 2019

Neat-as-a-pin farmhouse on 20 acres near Herrington Manor State Park and Garrett State Forest, just 6 miles from downtown Oakland and 20 minutes from Deep Creek Lake. Farm is currently used for horses, with stable, fenced pasture, and 44'x34' two-level barn/shop/storage. Perfect location for trail riding, off-road biking, ORVs, hiking, etc. Home has been extremely well maintained, built in early 1900s, with a 2-story log addition circa 1988. Extremely private with beautiful mountain and pastoral views. Landscaped with perennial gardens, ornamental fishpond, apple trees, blueberry and raspberry bushes, and fenced vegetable garden. Fenced dog yard.

Last Agent to Sell the Property

Ruth Seib

(301) 616-7896 rseib@railey.com Railey Realty, Inc. License #17258 Listed on: 06/17/2019

Railey Realty, Inc.

Co-Listed By

Mike Kennedy

(301) 616-6106 mkennedy@railey.com Railey Realty, Inc. License #529372

Last Buyer's Agent

Kathy Gibson

(301) 501-2626 kgibson@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1908 | Remodeled in 1988

Lot Details

  • 20 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Barbed Wire
  • Secluded Lot
  • Partially Wooded Lot
  • Property is in very good condition
  • Zoning described as taxed as Agricultural Use

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener

Property Views

  • Woods
  • Mountain
  • Garden

Home Design

  • Farmhouse Style Home
  • Combination Foundation
  • Frame Construction
  • Log Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Connecting Stairway

Kitchen

  • Electric Oven or Range
  • Wine Rack

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed
  • Outbuilding
  • Porch

Farming

  • Bank Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 1214019073

Community Details

Overview

  • No Home Owners Association
  • Herrington Manor Subdivision

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,470

Year Built

Built in 1908 | Remodeled in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Exclusions: Medicine cabinet in upstairs bath and corner cabinet in downstairs bath, screwed to wall (not inset) will be removed. Large corner cabinet in dining room is *not* built-in and will be removed. Drying rack on wall near woodstove, bell at mudroom door, and
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1908
  • Year Renovated: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Interior Amenities: Wood Floors, Stove - Wood, Wine Storage, Water Treat System, Formal/Separate Dining Room
  • Window Features: Double Pane
  • Other Equipment: Negotiable
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Breakfast Room, Laundry
  • Basement: Yes
  • Basement Type: Combination, Connecting Stairway, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2889
  • Living Area Sq Ft: 2417
  • Price Per Sq Ft: 130.33
  • Above Grade Finished Sq Ft: 2417
  • Below Grade Sq Ft: 472
  • Total Below Grade Sq Ft: 472
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Horse Stable, Bank Barn, Storage Barn/Shed
  • Construction Materials: Frame, Log
  • Exterior Features: Outbuilding(s)
  • View: Garden/Lawn, Mountain, Trees/Woods
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Additional Storage Area, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Oil, Wood, Electric
  • Heating Type: Forced Air, Baseboard - Electric, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: 3rd Party

Lot Info

  • Horses: Yes
  • Agricultural District: Taxed as Agricultural Use
  • Fencing: Barbed Wire, Partially
  • Horse Amenities: Horses Allowed, Stable(s), Paddock
  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 35400.00
  • Lot Features: Partly Wooded, Rural, Secluded, Unrestricted
  • Lot Size Acres: 20.00
  • Lot Dimensions: Note that fencing does not exactly follow boundaries.
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871200.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Very Good
  • Zoning Description: taxed as Agricultural Use
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 15654683
  • Tax Annual Amount: 1470.00
  • Assessor Parcel Number: 1214019073
  • Tax Page Number: 416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 20, 2019
Sold by
Teets Sharon J
Bought by
Hott Jerry A and Hott Tabitha I
Seller's Agent
Ruth Seib
Railey Realty, Inc.
Buyer's Agent
Kathy Gibson
Railey Realty, Inc.
List Price
$315,000
Sold Price
$288,000
Premium/Discount to List
-$27,000
-8.57%
Current Estimated Value
$452,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,867
Avg. Annual Appreciation
7.61%
Original Mortgage
$273,600
Outstanding Balance
$239,623
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$213,244
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 Buyer Sale Price Title Company
Hott Jerry A $288,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hott Jerry A $273,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $288,000 -8.6% $119 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $315,000 -- $130 / 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 $2,227 $242,000 $35,400 $206,600
2024 $2,207 $227,433 $0 $0
2023 $2,121 $212,867 $0 $0
2022 $2,010 $198,300 $35,400 $162,900
2021 $1,923 $176,667 $0 $0
2020 $1,841 $155,033 $0 $0
2019 $1,470 $133,400 $35,400 $98,000
2018 $1,344 $133,400 $35,400 $98,000
2017 $1,254 $133,400 $0 $0
2016 -- $133,600 $0 $0
2015 -- $133,600 $0 $0
2014 -- $133,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA130714

Bright MLS

APN: 14-019073