NOT LISTED FOR SALE

158 Silver Tree Ln Oakland, MD 21550

Estimated Value: $777,000 - $914,305

5 Beds
4.5 Baths
2,250 Sq Ft
$379/Sq Ft Est. Value

Last Sold May 09, 2025

Last sale price $790,000 $351 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,429/month

79 Days on Market

Highlights

  • Water Views
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Spa
  • Open Floorplan

About This Home

As of May 2025

Luxurious Lake Access Craftsman at Silver Tree Landing – This 5 Bedroom, 4.5 Bath home features crisp and clean modern finishes, an updated kitchen with stainless appliances and stone countertops, a spacious deck with a hot tub, and scenic views of Deep Creek Lake. Vaulted ceilings in the main living area with plenty of glass to let in the light and the views. There is a massive loft upstairs that makes an excellent game room and a private firepit patio just off the driveway. The community access trail to the lakeside rec area is less than 400 ft from your front door. Conveniently located next door to Dutch’s and Silvertree Marina - Minutes from state parks and Wisp Resort. If you’re looking for an elegant lake access home, that puts you right in the heart of Deep Creek Lake. Call today to schedule your private showing!

Last Agent to Sell the Property

Jon Bell

(301) 501-0735 jbell@railey.com Railey Realty, Inc. Listed on: 01/08/2025

Railey Realty, Inc.

Last Buyer's Agent

Lauren McCann

(412) 266-4558 lmccann@railey.com Railey Realty, Inc. License #5002093

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,041

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Home fronts navigable water
  • Backs to Trees or Woods
  • Property is zoned LR

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Loft
  • Carpet

Kitchen

  • Stove
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Outdoor Features

  • Spa
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Swimming Allowed
  • Deck
  • Shed

Schools

  • Southern Middle School
  • Southern Garrett High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8
  • Assessor Parcel Number 1218072661

Community Details

Overview

  • Association fees include road maintenance, snow removal
  • Silver Tree Landing HOA
  • Silver Tree Landing Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,041

Year Built

Built in 2003

Lot Details

0

HOA Fees

$131 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Luxurious Lake Access Craftsman at Silver Tree Landing – This 5 Bedroom, 4.5 Bath home features crisp and clean modern finishes, an updated kitchen with stainless appliances and stone countertops, a spacious deck with a hot tub, and scenic views of Deep Creek Lake. Vaulted ceilings in the main living area with plenty of glass to let in the light and the views. There is a massive loft upstairs that makes an excellent game room and a private firepit patio just off the driveway. The community access trail to the lakeside rec area is less than 400 ft from your front door. Conveniently located next door to Dutch’s and Silvertree Marina - Minutes from state parks and Wisp Resort. If you’re looking for an elegant lake access home, that puts you right in the heart of Deep Creek Lake. Call today to schedule your private showing!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Cooktop, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Icemaker, Stove
  • Interior Amenities: Dining Area, Entry Level Bedroom, Floor Plan - Open, Ceiling Fan(s), Carpet, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Fireplace - Glass Doors, Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Loft, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 368.84
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 158

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Hot Tub
  • Roof: Shingle
  • View: Water, Mountain
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1574.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Lake
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA Name: SILVER TREE LANDING
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: SOUTHERN
  • High School: SOUTHERN GARRETT HIGH
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139907558
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14300.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2024
  • Zoning: LR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 7041.00
  • Assessor Parcel Number: 1218072661
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 2250
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/09/2025

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
May 7, 2025
Sold by
Morris Warren T and Morris Kimberly R
Bought by
Snyder Jeffrey and Snyder Katherine
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Lauren McCann
Railey Realty, Inc.
List Price
$829,900
Sold Price
$790,000
Premium/Discount to List
-$39,900
-4.81%
Views
50
Current Estimated Value
$852,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,826
Avg. Annual Appreciation
23.68%
Original Mortgage
$632,000
Outstanding Balance
$629,642
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$223,184

Purchase Details

Listed on
Aug 26, 2022
Closed on
Jan 5, 2023
Sold by
Scherr Jason R
Bought by
Morris Warren T and Morris Kimberly R
Seller's Agent
Jon Bell
Railey Realty, Inc.
Buyer's Agent
Michael Fenton
Railey Realty, Inc.
List Price
$889,900
Sold Price
$740,000
Premium/Discount to List
-$149,900
-16.84%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$647,200
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2021
Sold by
Juno Realty Llc
Bought by
Scherr Jason R

Purchase Details

Listed on
May 13, 2015
Closed on
Feb 7, 2017
Sold by
Scherr Jason R
Bought by
Juno Realty Llc
Seller's Agent
Melissa Goodfellow
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$475,000
Sold Price
$365,000
Premium/Discount to List
-$110,000
-23.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$272,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 13, 2015
Closed on
Jan 19, 2017
Sold by
Vilardo Robert D and Vilardo Jaci Baum
Bought by
Scherr Jason R
Seller's Agent
Melissa Goodfellow
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$475,000
Sold Price
$365,000
Premium/Discount to List
-$110,000
-23.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2006
Sold by
Maison Brad Jill
Bought by
Vilardo Robert D and Vilardo Jaci B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2006
Sold by
Maison Brad Jill
Bought by
Vilardo Robert D and Vilardo Jaci B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2004
Sold by
Allegheny Restoration & Builders
Bought by
Maison Brad Jill

Purchase Details

Closed on
Dec 5, 2002
Sold by
Dcl Properties Llc
Bought by
Allegheny Restoration & Builders
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
Snyder Jeffrey $790,000 Deep Creek Title
Snyder Jeffrey $790,000 Deep Creek Title
Morris Warren T $740,000 --
Scherr Jason R -- None Available
Juno Realty Llc -- None Available
Scherr Jason R $365,000 Deep Creek Title Group
Vilardo Robert D $515,000 --
Vilardo Robert D $515,000 --
Maison Brad Jill $399,000 --
Allegheny Restoration & Builders $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Jeffrey $632,000
Closed Snyder Jeffrey $632,000
Previous Owner Morris Warren T $647,200
Previous Owner Scherr Jason R $315,000
Previous Owner Scherr Jason R $120,565
Previous Owner Scherr Jason R $272,500
Previous Owner Vilardo Robert D $350,000
Previous Owner Vilardo Robert D $51,500
Previous Owner Vilardo Robert D $412,000
Previous Owner Vilardo Robert D $412,000
Closed Allegheny Restoration & Builders --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $790,000 -4.8% $351 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $829,900 +12.1% $369 / Sq Ft
01/09/2023 01/09/23 Sold $740,000 -6.3% $329 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $789,900 -11.2% $351 / Sq Ft
08/26/2022 08/26/22 For Sale $889,900 +143.8% $396 / Sq Ft
01/19/2017 01/19/17 Sold $365,000 -8.5% $162 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
08/18/2016 08/18/16 Price Changed $399,000 -16.0% $177 / Sq Ft
05/13/2015 05/13/15 For Sale $475,000 -- $211 / 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 $9,057 $706,500 $180,800 $525,700
2024 $8,006 $602,867 $0 $0
2023 $6,680 $499,233 $0 $0
2022 $5,333 $395,600 $88,600 $307,000
2021 $5,260 $387,333 $0 $0
2020 $5,148 $379,067 $0 $0
2019 $5,035 $370,800 $88,600 $282,200
2018 $4,790 $370,800 $88,600 $282,200
2017 $5,316 $370,800 $0 $0
2016 -- $375,600 $0 $0
2015 -- $375,600 $0 $0
2014 -- $375,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2008716

Bright MLS

APN: 18-072661