NOT LISTED FOR SALE

20160 20160 Garrett Hwy Unit A 205 Oakland, MD 21550

Estimated Value: $260,000 - $281,000

1 Bed
1 Bath
660 Sq Ft
$421/mo HOA Fee

Last Sold February 19, 2016

Last sale price $100,000 $152 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,064/month

Highlights

  • 200 Feet of Waterfront
  • Beach
  • Fitness Center
  • 1 Dock Slip
  • Sandy Beach
  • Indoor Pool

About This Home

As of February 2016

This unit is conveniently located to all lake activities with numerous on site amenities such as indoor pool, private beach, game room, and so much more! Walk to Ace's Run restaurant. This efficiency unit has everything you need wrapped in a neat small package with an established rental history

Last Agent to Sell the Property

Larry Smith

(301) 501-5564 lsmith@railey.com Railey Realty, Inc. Listed on: 09/17/2015

Railey Realty, Inc.

Last Buyer's Agent

Rich Orr

(301) 616-2527 rorr@railey.com Railey Realty, Inc. License #34181

Railey Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1975

Lot Details

  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition

HOA Fees

  • $421 Monthly HOA Fees

Interior Spaces

  • 660 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Sauna
  • Efficiency Studio
  • Water Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Parking

  • Covered Parking
  • Driveway

Outdoor Features

  • Indoor Pool
  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • 1 Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot A 205
  • Assessor Parcel Number 1218024802

Community Details

Overview

  • Association fees include management, insurance, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal
  • Will O The Wisp HOA
  • Mid-Rise Condominium
  • Will O The Wisp Community
  • Will O The Wisp Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Sauna
  • Meeting Room
  • Laundry Facilities
  • 1 Elevator

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,487

Year Built

Built in 1975

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Window Treatments, Elevator, Whirlpool/Hottub, Sauna, Efficiency
  • Fireplace Features: Equipment, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 660
  • Living Area Sq Ft: 660
  • Price Per Sq Ft: 175.61
  • Above Grade Finished Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete
  • Dock Type: Single Slip
  • Construction Completed: No
  • Pool Features: Indoor
  • View: Water
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 421.08
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Common Grounds, Elevator, Exercise Room, Fitness Center, Hot Tub, Laundry Facilities, Meeting Room, Pier/Dock, Racquet Ball, Sauna, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA Name: WILL O THE WISP
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 44000.00
  • Land Assessed Value: 75000.00
  • Property Condition: Very Good
  • Zoning: C

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 15665519
  • Assessor Parcel Number: 1218024802
  • Tax Lot: A 205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Durhan James T
Bought by
Durhan James T and James T Durhan Trust
Current Estimated Value
$273,844
Source: Public Records

Range of Values:

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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
Durhan James T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $100,000 -13.7% $152 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $115,900 -- $176 / 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 $2,487 $194,000 $75,000 $119,000
2024 $2,249 $169,333 $0 $0
2023 $1,936 $144,667 $0 $0
2022 $1,402 $120,000 $75,000 $45,000
2021 $1,621 $119,667 $0 $0
2020 $1,621 $119,333 $0 $0
2019 $1,616 $119,000 $75,000 $44,000
2018 $1,537 $119,000 $75,000 $44,000
2017 $1,684 $119,000 $0 $0
2016 -- $119,000 $0 $0
2015 -- $119,000 $0 $0
2014 -- $119,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Smith

    Seller's Agent in 2016

    Larry Smith

    Railey Realty, Inc.

    (301) 501-5564

    40 in this area

    116 Total Sales

    Larry Smith
    Section Image
  • Rich Orr

    Buyer's Agent in 2016

    Rich Orr

    Railey Realty, Inc.

    (301) 616-2527

    50 in this area

    195 Total Sales

    Rich Orr
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002722820

Bright MLS

APN: 18-024802

Maryland Garrett County Oakland 21541

20160 20160 Garrett Hwy Unit A 205, Oakland, MD

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