$620,000
SOLD SEP 13, 2024

19976 Garrett Hwy Oakland, MD 21550

0.2 Acre
$3,100,000 Price per Acre
8,771 Sq Ft Lot

Recently Sold

17% Below List Price

92 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Sandy Beach
  • No HOA
  • 1 Dock Slip
  • Lake View
  • 1 Powered Boats Permitted

About This Lot

As of September 2024

Build your dream home at Deep Creek Lake without breaking the bank! This 40' lakefront lot offers Town Centre Zoning with relaxed building set-backs, level building site and lakefront, with a rare sandy beach. Convenient location offers quick access to area restaurants/bars, shopping, markets, and Garrett 8 Cinemas. Enjoy Deep Creek Lake with your own Private Type-A restricted dock. Property has been surveyed and will convey with architectural building plans. Don't miss this incredible opportunity! New vinyl and aluminum dock at property (not in photos) and will be in water between 4/15 and 4/20.

Last Agent to Sell the Property

Justin Liller

Railey Realty, Inc. Listed on: 04/12/2024

Railey Realty, Inc.

Last Buyer's Agent

Betsy Spiker Holcomb

Taylor Made Deep Creek Vacations & Sales License #518606

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,985

Lot Details

  • 8,771 Sq Ft Lot
  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Level Lot
  • Property is zoned TOWN CENTRE, See Deep Creek Watershed Zoning - property qualifies for relaxed setbacks

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 1218023423

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock made with Vinyl Clad Material
  • 1 Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$2,985

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Inclusions: flloating dock, floating jet ski ramps, shed
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Build your dream home at Deep Creek Lake without breaking the bank! This 40' lakefront lot offers Town Centre Zoning with relaxed building set-backs, level building site and lakefront, with a rare sandy beach. Convenient location offers quick access to area restaurants/bars, shopping, markets, and Garrett 8 Cinemas. Enjoy Deep Creek Lake with your own Private Type-A restricted dock. Property has been surveyed and will convey with architectural building plans. Don't miss this incredible opportunity! New vinyl and aluminum dock at property (not in photos) and will be in water between 4/15 and 4/20.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 75.24
  • Street Number Modifier: 19976

Exterior Features

  • Construction Completed: No
  • View: Lake
  • 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: 40

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Sewer Available
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Level
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8771.00
  • Year Assessed: 2024
  • Zoning: TOWN CENTRE
  • Zoning Description: See Deep Creek Watershed Zoning - property qualifies for relaxed setbacks
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2985.00
  • Assessor Parcel Number: 1218023423
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/13/2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Karp Michael Alan
Bought by
Karp Michael Alan and Karp Kelly Lynn
Current Estimated Value
$628,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$975,000
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
-$364,667

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 14, 2021
Sold by
Bonasso Patrick C
Bought by
Martin Nathan M and Martin Heather M
Seller's Agent
Kevin Liller
Railey Realty, Inc.
Buyer's Agent
Jon Bell
Railey Realty, Inc.
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%

Purchase Details

Listed on
Oct 17, 2020
Closed on
Jan 27, 2021
Sold by
Elliott Glenn
Bought by
Bonasso Patrick C
Seller's Agent
Justin Liller
Railey Realty, Inc.
Buyer's Agent
Kevin Liller
Railey Realty, Inc.
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.70%
Original Mortgage
$260,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Eichhorn William Timothy and Eichhorn Randall L
Bought by
Elliott Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Type Sale Price Title Company
Deed -- Deep Creek Title
Deed -- Deep Creek Title
Deed $405,500 Deep Creek Title Group
Deed $325,000 Deep Creek Title Group
Deed $240,000 Deep Creek Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 Construction
Closed $975,000 Construction
Previous Owner $260,000 New Conventional
Previous Owner $216,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $620,000 -6.0% --
07/08/2024 07/08/24 Price Changed $659,900 -5.6% --
05/14/2024 05/14/24 Price Changed $699,000 -6.8% --
04/12/2024 04/12/24 For Sale $749,900 +50.0% --
06/29/2023 06/29/23 Sold $499,900 0.0% --
06/03/2023 06/03/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $499,900 +23.4% --
12/16/2021 12/16/21 Sold $405,000 +1.5% --
10/29/2021 10/29/21 For Sale $399,000 +22.8% --
01/22/2021 01/22/21 Sold $325,000 -7.1% --
10/25/2020 10/25/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $349,900 -- --
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 $3,587 $279,800 $279,800 $0
2024 $3,555 $267,700 $0 $0
2023 $3,420 $255,600 $0 $0
2022 $2,844 $243,500 $243,500 $0
2021 $3,307 $243,500 $243,500 $0
2020 $3,307 $243,500 $243,500 $0
2019 $3,307 $243,500 $243,500 $0
2018 $3,508 $271,500 $253,500 $18,000
2017 $2,992 $271,500 $0 $0
2016 -- $272,000 $0 $0
2015 -- $272,000 $0 $0
2014 -- $272,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2007064

Bright MLS

APN: 18-023423