NOT LISTED FOR SALE

42 Gila Trail Oakland, MD 21550

Estimated Value: $668,000 - $932,000

4 Beds
4 Baths
2,576 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $460,000 $179 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,817/month

Highlights

  • 5 Dock Slips
  • Home fronts navigable water
  • Open Floorplan
  • Water Views
  • Water Access
  • Deck

About This Home

As of May 2019

4 Bedroom 4 Bath Immaculately kept home centrally located in Deep Creek Lake and just minutes to Wisp Ski and Golf Resort. Split lakefront with boat slip , Open floor plan and large entertaining areas, 2 Master suites, 2 living/family rooms, game room with wet bar and billards area, relax in the outdoor private hottub with Deep Creek lake views!

Last Agent to Sell the Property

Adam Cowgill

Railey Realty, Inc. Listed on: 08/07/2018

Co-Listed By

Rich Orr

Railey Realty, Inc. License #34181

Last Buyer's Agent

Jay Ferguson

Taylor Made Deep Creek Vacations & Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 2005

Lot Details

  • 0.81 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Water Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Water Access
  • Property is near a lake
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 1218032287

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,580

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2005
  • Remarks Public: 4 Bedroom 4 Bath Immaculately kept home centrally located in Deep Creek Lake and just minutes to Wisp Ski and Golf Resort. Split lakefront with boat slip , Open floor plan and large entertaining areas, 2 Master suites, 2 living/family rooms, game room with wet bar and billards area, relax in the outdoor private hottub with Deep Creek lake views!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Game Room, Foyer
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2576
  • Living Area Sq Ft: 2576
  • Price Per Sq Ft: 388.12
  • Above Grade Finished Sq Ft: 1288
  • Below Grade Finished Sq Ft: 1288
  • Total Below Grade Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 42

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Stone
  • Dock Type: Single Slip
  • View: Water
  • Water Access: Yes
  • Water Body Name: DEEP CREEK LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 219600.00
  • Land Assessed Value: 163800.00
  • Lot Size Acres: 0.81
  • Lot Size Area: 35283
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35283.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15659763
  • Tax Annual Amount: 4580.25
  • Assessor Parcel Number: 1218032287
  • Tax Lot: A
  • Tax Page Number: 1
  • Tax Total Finished Sq Ft: 1288
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 05/01/2019

Multi Family

  • Dock Slip Conveyance: Assigned

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
2 Bear Holdings Llc
Bought by
Kinney Richard A and Kinney Karen M
Current Estimated Value
$799,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,700
Outstanding Balance
$311,881
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$477,660

Purchase Details

Closed on
Nov 26, 2019
Sold by
Kinney Richard A and Kinney Karen M
Bought by
2 Bear Holdings Llc

Purchase Details

Listed on
Aug 7, 2018
Closed on
Apr 29, 2019
Sold by
Boonsboro Holdings Llc
Bought by
Kinney Richard A and Kinney Karen M
Seller's Agent
Adam Cowgill
Railey Realty, Inc.
Buyer's Agent
Jay Ferguson
Taylor Made Deep Creek Vacations & Sales
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$368,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
King Nellie G
Bought by
Rjr Llc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Kinney Richard A -- Lake Title Llc
2 Bear Holdings Llc -- None Available
Kinney Richard A $460,000 Sage Title Group Llc
Rjr Llc $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinney Richard A $375,700
Previous Owner Kinney Richard A $368,000
Previous Owner Boonsboro Holdings Llc $252,000
Previous Owner Boonsboro Holdings Llc $225,000
Previous Owner Boonsboro Holdings Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $460,000 -8.0% $179 / Sq Ft
08/07/2018 08/07/18 For Sale $499,900 -- $194 / 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 $6,682 $521,200 $0 $0
2024 $6,361 $479,000 $0 $0
2023 $5,844 $436,800 $163,800 $273,000
2022 $5,648 $419,000 $0 $0
2021 $5,448 $401,200 $0 $0
2020 $5,207 $383,400 $163,800 $219,600
2019 $5,207 $383,400 $163,800 $219,600
2018 $4,953 $383,400 $163,800 $219,600
2017 $4,560 $387,500 $0 $0
2016 -- $387,500 $0 $0
2015 -- $387,500 $0 $0
2014 -- $404,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005966385

Bright MLS

APN: 18-032287