NOT LISTED FOR SALE

418 Backbone Dr Oakland, MD 21550

Estimated Value: $198,000 - $267,498

2 Beds
2 Baths
1,248 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2022

Last sale price $150,500 $121 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,429 / mo

18 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Main Floor Bedroom
  • 17.19 Acre Lot
  • Space For Rooms
  • Beamed Ceilings

About This Home

As of January 2022

2 Bedroom 2 Bath Log Cabin chalet located at Lot 17 Backbone Ridge Subdivision, 17+/- Acre wooded lot with Mountain Views! Property sold "AS Is" at online auction. This is a potential Short Sale with Lender approval to sell at Lender Reserve Pricing. Auction dates open to Bid are 1/4/22 -1/6/22. Please contact your Agent for online auction instructions.

Last Agent to Sell the Property

Rich Orr

(301) 387-2000 rorr@railey.com Railey Realty, Inc. License #34181 Listed on: 12/20/2021

Railey Realty, Inc.

Last Buyer's Agent

Rich Orr

(301) 387-2000 rorr@railey.com Railey Realty, Inc. License #34181 Listed on: 12/20/2021

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $819

Year Built

  • Built in 1997

Lot Details

  • 17.19 Acre Lot
  • Rural Setting

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Log Cabin
  • Block Foundation

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Country Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Space For Rooms
  • Basement with some natural light

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include road maintenance
  • Backbone Ridge HOA, Phone Number (301) 334-4007
  • Backbone Ridge Subdivision
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 1208014159

Home Details

Home Type

Single Family

Est. Annual Taxes

$819

Year Built

Built in 1997

Lot Details

17.19 Acres

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: all appliances
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Country
  • Fireplace Features: Wood, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Partially Finished, Rear Entrance, Space For Rooms, Walkout Level
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 110.58
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Road Surface Type: Gravel
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Propane
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA Name: BACKBONE RIDGE HOA
  • HOA Phone: 301-334-4007
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 17.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 748796.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15649522
  • Tax Annual Amount: 818.58
  • Assessor Parcel Number: 1208014159
  • Tax Year: 2021

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 24, 2022
Sold by
Dolores Davis
Bought by
Fusco Michael Anthony and Fusco Mary Lou
Seller's Agent
Rich Orr
Railey Realty, Inc.
Buyer's Agent
Rich Orr
Railey Realty, Inc.
List Price
$90,000
Sold Price
$150,500
Premium/Discount to List
$60,500
67.22%
Current Estimated Value
$228,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,536
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Jul 12, 1993
Sold by
Wade Kenneth
Bought by
Davis James B and Davis Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fusco Michael Anthony $150,500 None Listed On Document
Davis James B $23,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $150,500 +9.1% $121 / Sq Ft
12/28/2021 12/28/21 Price Changed $138,000 +53.3% $111 / Sq Ft
12/28/2021 12/28/21 For Sale $90,000 -40.2% $72 / Sq Ft
12/20/2021 12/20/21 Off Market $150,500 -- --
12/20/2021 12/20/21 For Sale $90,000 -- $72 / Sq Ft
Source: Bright MLS

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 $2,020 $175,800 $0 $0
2024 $1,860 $156,700 $0 $0
2023 $1,637 $137,600 $38,600 $99,000
2022 $1,637 $137,600 $38,600 $99,000
2020 $1,937 $165,800 $72,300 $93,500
2019 $1,912 $165,800 $72,300 $93,500
2018 $1,857 $165,800 $72,300 $93,500
2017 $1,841 $167,500 $0 $0
2016 -- $165,100 $0 $0
2015 -- $162,700 $0 $0
2014 -- $160,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2001690

Bright MLS

APN: 08-014159

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