NOT LISTED FOR SALE

175 Red Run Rd Oakland, MD 21550

Oakland Area

Estimated Value: $902,000 - $1,475,000

1.52 Acres
$784,879 Price per Acre
66,211 Sq Ft Lot

Sale Details

Date Sold: February 12, 2021

Last sale price $680,000

Est. 75% increase in value since last sale

Current estimated payment $8,900 / mo

32 Days on Market

Highlights

  • 190 Feet of Waterfront
  • Fishing Allowed
  • 1.52 Acre Lot
  • 2 Dock Slips
  • Lake View
  • No HOA

About This Lot

As of February 2021

What an incredible opportunity to own a piece of Deep Creek Lake history. This lakefront lot with 190' of lakefront was the site of the Red Run Restaurant, a Deep Creek staple. The lot has 1.52 acres and there is a survey on file. The .37 acre parcel shown on the survey is not being sold with this offering. There is a sewer tap reserved and tap fee paid for on this lot. There is a well on the property but seller makes no representations as to the quality or quantity of the water or even if the well can be used or not. Lot features northwestern exposure for maximum sun on the dock and waterfront until the sun sets. Lot qualifies for a Type A dock as per letter from DNR Lake Management. This lot has it all. Perfect for building a rental home, vacation home, or primary residence. There are 8-10 "back lots" that have access through this property for the owners to get to the lakefront and their dock slips.

Last Agent to Sell the Property

Kevin Liller

(301) 387-2000 kevin@railey.com Railey Realty, Inc. Listed on: 12/22/2020

Railey Realty, Inc.

Last Buyer's Agent

Joshua Chapman

(703) 266-7277 stephanie.white@compass.com Compass

Compass

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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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,577

Lot Details

  • 1.52 Acre Lot
  • 190 Feet of Waterfront
  • Home fronts navigable water
  • Zoning described as Lake Residential

Schools

  • Southern Middle School
  • Southern Garrett High School

Additional Features

  • Lake Views
  • Well

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 1218034379

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Limit On Boat Length
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$3,577

Lot Details

1.52 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.07

Exterior Features

  • Construction Completed: No
  • View: Lake
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited Hours Of Personal Watercraft Operation (PWC), Personal Watercraft (PWC), Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 190

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66211.20
  • Zoning: R
  • Zoning Description: Lake Residential
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15659909
  • Tax Annual Amount: 3577.00
  • Assessor Parcel Number: 1218034379
  • Tax Lot: 57
  • Tax Page Number: 312
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

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

Closed on
Apr 30, 2025
Sold by
Bought by
Current Estimated Value
$1,193,016

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 12, 2021
Sold by
Bought by
Seller's Agent
Kevin Liller
Railey Realty, Inc.
Buyer's Agent
Joshua Chapman
Compass
List Price
$799,000
Sold Price
$680,000
Premium/Discount to List
-$119,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
May 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2003
Sold by
Bought by

Purchase Details

Closed on
May 2, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oakland, MD

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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
$12,000 Lake Title
$680,000 Eastern Title & Settlement
$550,000 --
$1,200,000 --
$2,725,000 --
-- --
$600,000 --
-- --
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
Previous Owner $600,000
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
02/12/2021 02/12/21 Sold $680,000 -14.9% --
12/22/2020 12/22/20 For Sale $799,000 -- --
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
2026 $27,965 $2,406,600 $0 $0
2025 $6,375 $539,300 $539,300 $0
2024 $6,394 $520,667 $0 $0
2023 $6,032 $487,233 $0 $0
2022 $3,549 $284,400 $284,400 $0
2020 $3,578 $284,400 $284,400 $0
2019 $3,578 $284,400 $284,400 $0
2018 $3,390 $284,400 $284,400 $0
2017 $3,609 $284,400 $0 $0
2016 -- $306,700 $0 $0
2015 -- $306,700 $0 $0
2014 -- $306,700 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDGA134124

Bright MLS

APN: 18-034379

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