NOT LISTED FOR SALE

355 Markwood Dr Oakland, MD 21550

Estimated Value: $499,777 - $813,000

3 Beds
2.5 Baths
1,725 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $337,000 $195 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,500/month

Highlights

  • Water Access
  • Split Lakefront
  • Open Floorplan
  • Sandy Beach
  • 3.67 Acre Lot
  • Lake Privileges

About This Home

As of December 2017

Comfortable one level living w/open airy great room. Home offers central AC, propane furnace and fireplace insert plus a large unfinished basement w/propane stove. Outdoors enjoy the 3.67 acre wooded lot with walking trails and covered porch overlooking Meadow Lake for fishing, kayaking and swimming; Garrett State Forest w/Yough River access; 1 mile by car or bicycle to State Park.

Last Agent to Sell the Property

Bill Weissgerber

(301) 616-4141 billw@railey.com Railey Realty, Inc. Listed on: 03/02/2017

Railey Realty, Inc.

Last Buyer's Agent

Amy Zimmerman

(301) 501-1580 amyz@railey.com 1 Real Estate Source LLC License #640822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,317

Year Built

  • Built in 1998

Lot Details

  • 3.67 Acre Lot
  • Split Lakefront
  • Sandy Beach
  • South Facing Home
  • Landscaped
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Great Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Side Basement Entry
  • Space For Rooms

Outdoor Features

  • Water Access
  • Property is near a lake
  • Shared Waterfront
  • Waterfront Park
  • Lake Privileges
  • Porch

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include road maintenance, snow removal
  • Built by BYCO
  • Meadow Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 1214033858

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,317

Year Built

Built in 1998

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1998
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Primary Bath(s), Whirlpool/Hottub, Floor Plan - Open
  • Window Features: Double Pane, Screens, Wood Frame
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Basement, Bedroom 1, Great Room, Laundry, Storage Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Side Entrance, Space For Rooms, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3075
  • Living Area Sq Ft: 1725
  • Price Per Sq Ft: 219.71
  • Above Grade Finished Sq Ft: 1725
  • Below Grade Sq Ft: 1350
  • Total Below Grade Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar, Stone
  • Pool Private: No
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: MEADOW LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Dsl Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA Condo Co-Op Rules: Pets - Area
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 232700.00
  • Land Assessed Value: 68300.00
  • Lot Features: Landscaping, Trees/Wooded
  • Lot Size Acres: 3.67
  • Lot Size Area: 159865
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 159865.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R

Building Info

  • Builder Name: BYCO

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Split Lakefront, Shared, Sandy Beach, Park

Tax Info

  • Assessor Parcel Number: 15666467
  • Tax Annual Amount: 3317.00
  • Assessor Parcel Number: 1214033858
  • Tax Lot: 9
  • Tax Page Number: 486
  • Tax Year: 2016

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Dec 1, 2017
Sold by
Porter James D and James D Porter Revocable Trust
Bought by
Annanie Michael and Annanie Carol
Seller's Agent
Bill Weissgerber
Railey Realty, Inc.
Buyer's Agent
Amy Zimmerman
1 Real Estate Source LLC
List Price
$379,000
Sold Price
$337,000
Premium/Discount to List
-$42,000
-11.08%
Current Estimated Value
$592,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,194
Avg. Annual Appreciation
7.39%
Original Mortgage
$247,500
Outstanding Balance
$137,787
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$454,407

Purchase Details

Closed on
Dec 10, 2010
Sold by
Porter James D
Bought by
Porter James D and James D Porter Rev Trust

Purchase Details

Closed on
Mar 27, 2006
Sold by
Labonte Harry D N Jean
Bought by
Porter James D

Purchase Details

Closed on
Mar 24, 2006
Sold by
Labonte Harry D N Jean
Bought by
Porter James D

Purchase Details

Closed on
Sep 14, 1998
Sold by
Markwood Michael S and Markwood Tammy S
Bought by
Labonte Harry D N Jean
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
Annanie Michael $337,000 Deep Creek Title Group
Porter James D -- --
Porter James D $498,500 --
Porter James D $498,500 --
Labonte Harry D N Jean $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annanie Michael $247,500
Closed Labonte Harry D N Jean --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $337,000 -11.1% $195 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $379,000 -- $220 / 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 $4,014 $376,600 $60,600 $316,000
2024 $4,009 $355,567 $0 $0
2023 $3,881 $334,533 $0 $0
2022 $3,692 $313,500 $60,600 $252,900
2021 $3,594 $305,167 $0 $0
2020 $3,497 $296,833 $0 $0
2019 $3,400 $288,500 $60,600 $227,900
2018 $3,209 $288,500 $60,600 $227,900
2017 $3,209 $288,500 $0 $0
2016 -- $301,000 $0 $0
2015 -- $301,000 $0 $0
2014 -- $301,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000109313

Bright MLS

APN: 14-033858