187 Lower Penn Point Dr Oakland, MD 21550
3
Beds
2
Baths
--
Sq Ft
0.45
Acres
Highlights
- 15 Feet of Waterfront
- Lake View
- 2 Fireplaces
- 1 Dock Slip
- Engineered Wood Flooring
- Bonus Room
About This Home
As of September 2024STUNNING LAKEFRONT COTTAGE with private type A dock, beautiful lake views and gorgeous sunsets! This original 1950's 3 bedroom, 2 bath cottage has had just 2 owners and was completely rebuilt and lovingly upgraded with an eye towards maintaining the original lake cottage feel while creating spaces for many friends and family to gather. Guests can be reading by the wood burning fireplace in the cozy sunroom with amazing lake views while others are watching a game in the family room. The dining area can fit 10-13 for game nights while the kitchen island is the main attraction for friends enjoying evening cocktails. The original footprint has expanded square footage to add the dining area with vaulted ceilings, the sunroom as well as the upper level finished area. The outside Trex deck with heat and television welcomes a respite from the sun or is a beautiful place to take in a Garrett County snowfall. The firepit, lakeside area and dock are the icing on the cake! Penn Point neighborhood is one of the original neighborhoods on the lake and is known for the best sunsets and serene atmosphere. Home conveys furnished with a few seller exclusions. It also conveys to include many handcrafted tables from Garrett County native Kenny Michaels and many of the home details that have been up-cycled from findings in the original cottage including vintage skis, oars, and a chandelier crafted from vintage Oakland dairy milk bottles. Schedule your tour today to see this wonderfully cared for home and appreciate all it has to offer.
Last Agent to Sell the Property
Railey Realty, Inc. License #677670 Listed on: 05/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,842
Year Built
- Built in 1950 | Remodeled in 2013
Lot Details
- 0.45 Acre Lot
- 15 Feet of Waterfront
- Home fronts navigable water
- Corner Lot
- Additional Land
- Property is in excellent condition
HOA Fees
- $13 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- 3 Driveway Spaces
- Parking Storage or Cabinetry
Home Design
- Cottage
- Block Foundation
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Furnished
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Family Room
- Dining Room
- Bonus Room
- Sun or Florida Room
- Engineered Wood Flooring
- Lake Views
- Unfinished Basement
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Front Loading Dryer
- Front Loading Washer
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Water Access
- Property is near a lake
- 1 Dock Slip
- Physical Dock Slip Conveys
- 1 Powered Boats Permitted
Utilities
- Humidifier
- Forced Air Heating System
- Heating System Powered By Owned Propane
- Electric Baseboard Heater
- Well
- Propane Water Heater
- On Site Septic
- Cable TV Available
Community Details
- Association fees include road maintenance
- Penn Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 1218026066
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2024
Closed on
Sep 12, 2024
Sold by
Amsley Todd and Breon-Amsley Beth
Bought by
Geisel Thomas L and Geisel Nicole S
Seller's Agent
Amy Mangum
Railey Realty, Inc.
Buyer's Agent
Amy Mangum
Railey Realty, Inc.
List Price
$1,480,000
Sold Price
$1,100,000
Premium/Discount to List
-$380,000
-25.68%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,467
Avg. Annual Appreciation
3.92%
Purchase Details
Closed on
Dec 20, 2012
Sold by
Matthews Dorothy B
Bought by
Amsley Todd and Breon Amsley Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Similar Homes in Oakland, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,100,000 | Deep Creek Title | |
| Deed | $300,000 | Deep Creek Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $270,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $1,100,000 | -18.5% | -- |
| 07/31/2024 07/31/24 | Price Changed | $1,349,000 | -3.3% | -- |
| 06/25/2024 06/25/24 | Price Changed | $1,395,000 | -5.7% | -- |
| 05/29/2024 05/29/24 | For Sale | $1,480,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,219 | $458,400 | $172,600 | $285,800 |
| 2024 | $4,628 | $393,667 | $0 | $0 |
| 2023 | $3,872 | $328,933 | $0 | $0 |
| 2022 | $3,116 | $264,200 | $150,100 | $114,100 |
| 2021 | $3,089 | $261,900 | $0 | $0 |
| 2020 | $3,062 | $259,600 | $0 | $0 |
| 2019 | $3,035 | $257,300 | $150,100 | $107,200 |
| 2018 | $2,865 | $257,300 | $150,100 | $107,200 |
| 2017 | $2,866 | $257,300 | $0 | $0 |
| 2016 | -- | $259,100 | $0 | $0 |
| 2015 | -- | $259,100 | $0 | $0 |
| 2014 | -- | $259,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Amy Mangum
Railey Realty, Inc.
(301) 801-4365
21 Total Sales
Map
Source: Bright MLS
MLS Number: MDGA2007364
APN: 18-026066
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 197 Black Angus Dr
- 590 S Blakeslee Rd
- 1473 Pergin Farm Rd
- 62 Middleton Rd
- 254 Middleton Rd
- Lot G Randall Way
- 421 Penn Cove Rd
- 186 Thornberry Rd
- LOT 25 Holy Cross Dr
- 2895 Turkey Neck Rd
- 1240 Boy Scout Rd
- 3297 Turkey Neck Rd
- 1461 Shoreline Dr
- 41 Boyd Paugh Ln
- 710 Hunters Ridge Dr
- 2 Overlook Ridge Dr S
- 0 Paradise Point Rd Unit MDGA2003916
- 4 Thousand Acres Poland Run Rd E
- 249 Hazelhurst Rd
- 0 Paradise Heights Rd Unit MDGA2010024