NOT LISTED FOR SALE

505 L St Oakland, MD 21550

Estimated Value: $35,474 - $193,000

0.34 Acre
$248,879 Price per Acre
14,810 Sq Ft Lot

Last Sold May 15, 2018

Last sale price $12,500 $6 Per Sq Ft

Est. 577% increase in value since last sale

Current estimated payment $484/month

301 Days on Market

About This Lot

As of May 2018

Just Listed! Oversized town lot in Mt Lake Park ready to be built on, public water & sewer available with tap fee and electric already on site. Conveniently located within walking distance to Veterans Park & only minutes to Broadford Lake Park, Schools, Shopping & More! Priced to Sell!

Last Agent to Sell the Property

Amy Zimmerman

1 Real Estate Source LLC License #640822 Listed on: 06/06/2017

Last Buyer's Agent

Amy Zimmerman

1 Real Estate Source LLC License #640822 Listed on: 06/06/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $235

Lot Details

  • 0.34

Schools

  • Southern Middle School
  • Southern Garrett High School

Additional Features

  • 0.34 Acre Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Mt Lake Park Subdivision

Listing and Financial Details

  • Tax Lot 1228,1230,1226
  • Assessor Parcel Number 1216009776

Property Details

Property Type

Land

Est. Annual Taxes

$235

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: Just Listed! Oversized town lot in Mt Lake Park ready to be built on, public water & sewer available with tap fee and electric already on site. Conveniently located within walking distance to Veterans Park & only minutes to Broadford Lake Park, Schools, Shopping & More! Priced to Sell!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.91
  • Street Number Modifier: 505

Exterior Features

  • 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

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

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: SOUTHERN MIDDLE
  • High School: SOUTHERN GARRETT HIGH
  • School District Key: 121139907558
  • Elementary School: CALL SCHOOL BOARD
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 14810
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Possible Use: Residential
  • Year Assessed: 2017
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15663862
  • Tax Annual Amount: 234.93
  • Assessor Parcel Number: 1216009776
  • Tax Lot: 1228,1230,1226
  • Tax Page Number: 311
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/15/2018

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
May 15, 2018
Sold by
Groves Sharon
Bought by
Noland Allen and Noland Roxana I
Seller's Agent
Amy Zimmerman
1 Real Estate Source LLC
Buyer's Agent
Amy Zimmerman
1 Real Estate Source LLC
List Price
$15,500
Sold Price
$12,500
Premium/Discount to List
-$3,000
-19.35%
Current Estimated Value
$84,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,119
Avg. Annual Appreciation
30.59%

Purchase Details

Closed on
Nov 21, 2016
Sold by
Mccartney Michael
Bought by
Groves Sharon

Purchase Details

Closed on
Mar 15, 2012
Sold by
Fowler Michael T and Digman Betsy L
Bought by
Mccartney Michael

Purchase Details

Closed on
Aug 21, 2009
Sold by
Baker Charles C and Baker June A
Bought by
Fowler Michael T and Digman Betsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Baker Charles C and Baker June A
Bought by
Baker Charles C and Baker June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2007
Sold by
Friend Carl E and Friend Mary J
Bought by
Baker Charles C and Baker June A

Purchase Details

Closed on
Feb 10, 2007
Sold by
Friend Carl E and Friend Mary J
Bought by
Baker Charles C and Baker June A

Purchase Details

Closed on
Feb 3, 2004
Sold by
Liller Nina L
Bought by
Friend Carl E and Friend Mary J

Purchase Details

Closed on
Sep 9, 1994
Sold by
Liller Jerry L
Bought by
Liller Nina 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
Noland Allen $12,500 None Availablei
Groves Sharon $9,825 None Available
Mccartney Michael $15,000 None Available
Fowler Michael T $42,000 --
Baker Charles C -- --
Baker Charles C $30,000 --
Baker Charles C $30,000 --
Friend Carl E $12,500 --
Liller Nina L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fowler Michael T $60,000
Closed Fowler Michael T --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $12,500 -7.4% $6 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $13,500 -12.9% $7 / Sq Ft
06/06/2017 06/06/17 For Sale $15,500 -- $7 / 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
2024 $242 $15,500 $15,500 $0
2023 $244 $15,500 $15,500 $0
2022 $248 $15,500 $15,500 $0
2021 $249 $15,500 $15,500 $0
2020 $249 $15,500 $15,500 $0
2019 $249 $15,500 $15,500 $0
2018 $239 $15,500 $15,500 $0
2017 $238 $15,500 $0 $0
2016 -- $15,500 $0 $0
2015 -- $15,500 $0 $0
2014 -- $15,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Zimmerman

    Seller's Agent in 2018

    Amy Zimmerman

    1 Real Estate Source LLC

    (301) 501-1580

    61 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000109805

Bright MLS

APN: 16-009776

Maryland Garrett County Oakland 21550

505 L St, Oakland, MD

This home is located at 505 L St, Oakland, MD 21550 since 06 June 2017 and is currently estimated at $84,619, approximately $40 per square foot. 505 L St is a home located in Garrett County with nearby schools including Broad Ford Elementary School, Southern Middle School, and Southern Garrett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes