$40,000
SOLD OCT 11, 2024

503 Southern Pines Dr Oakland, MD 21550

0.5 Acre
$80,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

68 Days on Market

About This Lot

As of October 2024

Looking for an affordable homesite in Oakland in the highly desirable Southern Pines community? This half-acre lot offers access to public water, public sewer and natural gas. Roads are county maintained. Close to Southern Garrett Schools and Broadford Lake. Close proximity to Garret Regional Medical Center, Garrett County Health Dept and all local shopping areas. Call today to schedule a private showing!

Last Agent to Sell the Property

Nick Fratz-Orr

Railey Realty, Inc. Listed on: 07/18/2024

Railey Realty, Inc.

Last Buyer's Agent

Michael Fenton

Railey Realty, Inc. License #661960

Railey Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $312

Additional Features

  • 0.5 Acre Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0002
  • Assessor Parcel Number 1207010923

Property Details

Property Type

Land

Est. Annual Taxes

$312

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for an affordable homesite in Oakland in the highly desirable Southern Pines community? This half-acre lot offers access to public water, public sewer and natural gas. Roads are county maintained. Close to Southern Garrett Schools and Broadford Lake. Close proximity to Garret Regional Medical Center, Garrett County Health Dept and all local shopping areas. Call today to schedule a private showing!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.84
  • Street Number Modifier: 503

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R
  • Lot Count: 1
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2024
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 312.00
  • Assessor Parcel Number: 1207010923
  • Tax Lot: 0002
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2024
  • Close Date: 10/11/2024

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Oct 11, 2024
Sold by
Fox Christopher J
Bought by
M Four Holdings Llc
Seller's Agent
Nick Fratz-Orr
Railey Realty, Inc.
Buyer's Agent
Michael Fenton
Railey Realty, Inc.
List Price
$40,000
Sold Price
$40,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Aug 8, 2023
Closed on
Feb 22, 2024
Sold by
Stem Thomas A
Bought by
Fox Christopher J
Seller's Agent
Terry Boggs
Railey Realty, Inc.
Buyer's Agent
Nick Fratz-Orr
Railey Realty, Inc.
List Price
$35,900
Sold Price
$30,000
Premium/Discount to List
-$5,900
-16.43%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.75%

Purchase Details

Closed on
May 31, 2006
Sold by
O'Hearn Warren
Bought by
Stem Thomas A

Purchase Details

Closed on
May 30, 2006
Sold by
O'Hearn Warren
Bought by
Stem Thomas A

Purchase Details

Closed on
Sep 14, 2005
Sold by
Diversified Building Contractors
Bought by
O'Hearn Warren

Purchase Details

Closed on
Oct 7, 2003
Sold by
Cisneros Dorothy L
Bought by
Diversified Building Contractors
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $40,000 None Listed On Document
Deed $30,000 None Listed On Document
Deed $83,500 --
Deed $83,500 --
Deed $52,500 --
Deed $18,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 Construction
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $399,900 -7.0% $244 / Sq Ft
04/24/2025 04/24/25 For Sale $429,900 +974.8% $262 / Sq Ft
10/11/2024 10/11/24 Sold $40,000 0.0% --
09/24/2024 09/24/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $40,000 +33.3% --
02/22/2024 02/22/24 Sold $30,000 -16.4% --
01/31/2024 01/31/24 Pending -- -- --
08/08/2023 08/08/23 For Sale $35,900 -- --
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
2024 $327 $21,000 $21,000 $0
2023 $330 $21,000 $21,000 $0
2022 $336 $21,000 $21,000 $0
2021 $338 $21,000 $21,000 $0
2020 $337 $21,000 $21,000 $0
2019 $466 $29,000 $29,000 $0
2018 $447 $29,000 $29,000 $0
2017 $448 $29,000 $0 $0
2016 -- $30,000 $0 $0
2015 -- $30,000 $0 $0
2014 -- $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDGA2007678

Bright MLS

APN: 07-010923