NOT LISTED FOR SALE

503 Tower St Oakland, MD 21550

Estimated Value: $151,000 - $208,000

3 Beds
1 Bath
856 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $132,000 $154 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $993/month

27 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Rambler Architecture

About This Home

As of April 2023

This home is located at 503 Tower St, Oakland, MD 21550 since 03 February 2023 and is currently estimated at $166,625, approximately $194 per square foot. This property was built in 1939. 503 Tower St is a home located in Garrett County with nearby schools including Broad Ford Elementary School, Southern Middle School, and Southern Garrett High School.

Last Agent to Sell the Property

Lawrence Lessin

(301) 355-6104 save6info@gmail.com Save 6, Incorporated License #33633 Listed on: 02/03/2023

Last Buyer's Agent

Zach Wesolowski

(240) 321-5942 zach@railey.com Railey Realty, Inc. License #5008334

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,231

Year Built

  • Built in 1939

Lot Details

  • 1

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Deck
  • 1 Acre Lot

Community Details

  • No Home Owners Association
  • Oakland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1217011553

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,231

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1939
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 976
  • Living Area Sq Ft: 856
  • Price Per Sq Ft: 162.38
  • Above Grade Finished Sq Ft: 856
  • Below Grade Sq Ft: 120
  • Total Below Grade Sq Ft: 120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • 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: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58800.00
  • Land Assessed Value: 28500.00
  • Land Use Code: R
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15657610
  • Tax Annual Amount: 1231.00
  • Assessor Parcel Number: 1217011553
  • Tax Total Finished Sq Ft: 856
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/12/2023

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Apr 7, 2023
Sold by
Capital Home Builders Llc
Bought by
Whetzel Gregory B and Crawford Victoria L
Seller's Agent
Lawrence Lessin
Save 6, Incorporated
Buyer's Agent
Zach Wesolowski
Railey Realty, Inc.
List Price
$149,000
Sold Price
$132,000
Premium/Discount to List
-$17,000
-11.41%
Views
206
Current Estimated Value
$166,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,625
Avg. Annual Appreciation
12.86%
Original Mortgage
$128,040
Outstanding Balance
$124,645
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$52,682

Purchase Details

Closed on
Apr 2, 2001
Sold by
Howser Mark J
Bought by
Lantz Ivan W and Lantz Sylvia J

Purchase Details

Closed on
Sep 1, 1998
Sold by
American Trust Bank N A
Bought by
Howser Mark J

Purchase Details

Closed on
Jun 2, 1998
Sold by
Dewitt Rebecca D
Bought by
American Trust Bank Na

Purchase Details

Closed on
Mar 14, 1997
Sold by
Warner Steven M
Bought by
Dewitt Rebecca D

Purchase Details

Closed on
Mar 31, 1995
Sold by
Norwish Richard L
Bought by
Warner Steven M and Warner Mark J

Purchase Details

Closed on
Dec 15, 1994
Sold by
Shaffer Connie G and Shaffer Laverne R
Bought by
Norwish Richard L
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 Buyer Sale Price Title Company
Whetzel Gregory B $132,000 Brennan Title
Lantz Ivan W $48,000 --
Howser Mark J $45,000 --
American Trust Bank Na $21,500 --
Dewitt Rebecca D $57,000 --
Warner Steven M $15,000 --
Norwish Richard L $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whetzel Gregory B $128,040
Previous Owner Lantz Ivan W $27,000
Previous Owner Lantz Ivan W $17,406
Closed Dewitt Rebecca D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $132,000 -5.0% $154 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $139,000 -6.7% $162 / Sq Ft
02/03/2023 02/03/23 For Sale $149,000 -- $174 / 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 $1,351 $87,300 $28,500 $58,800
2024 $1,339 $83,233 $0 $0
2023 $1,298 $79,167 $0 $0
2022 $1,232 $75,100 $28,500 $46,600
2021 $1,223 $74,600 $0 $0
2020 $1,215 $74,100 $0 $0
2019 $1,207 $73,600 $28,500 $45,100
2018 $1,158 $73,600 $28,500 $45,100
2017 $1,158 $73,600 $0 $0
2016 -- $74,700 $0 $0
2015 -- $74,700 $0 $0
2014 -- $85,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDGA2004434

Bright MLS

APN: 17-011553