NOT LISTED FOR SALE

530 Timber Falls Rd Oakland, MD 21550

Oakland Area

Estimated Value: $143,000 - $188,000

1 Bed
1 Bath
576 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2016

Last sale price $83,000 $144 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,004 / mo

50 Days on Market

Highlights

  • Craftsman Architecture
  • Forced Air Heating System
  • Combination Kitchen and Dining Room
  • 1 Fireplace

About This Home

As of April 2016

New construction cabin on 4 acres on Backbone Mtn. Custom Ash cabinets and ceramic work in kitchen and bath. Nice built in bookcase and entertainment center, waiting for your finishing touches. Close to all that western Maryland and West Virginia has to offer.

Last Agent to Sell the Property

Michael Wallace

(301) 387-2000 mikew@railey.com Railey Realty, Inc. License #611291 Listed on: 01/17/2016

Railey Realty, Inc.

Last Buyer's Agent

Michael Wallace

(301) 387-2000 mikew@railey.com Railey Realty, Inc. License #611291 Listed on: 01/17/2016

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 2012

Lot Details

  • 3.99 Acre Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Backbone Ridge Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1208014426

Home Details

Home Type

Single Family

Est. Annual Taxes

$961

Year Built

Built in 2012

Lot Details

3.99 Acres

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2012
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Full, Daylight, Full, Heated, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 61400.00
  • Land Assessed Value: 25400.00
  • Lot Size Acres: 3.99
  • Lot Size Area: 173804
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 173804.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15649540
  • Tax Annual Amount: 960.94
  • Assessor Parcel Number: 1208014426
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Apr 29, 2016
Sold by
Bought by
Seller's Agent
Michael Wallace
Railey Realty, Inc.
Buyer's Agent
Michael Wallace
Railey Realty, Inc.
List Price
$99,000
Sold Price
$83,000
Premium/Discount to List
-$16,000
-16.16%
Current Estimated Value
$161,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,868
Avg. Annual Appreciation
6.73%
Original Mortgage
$75,000
Outstanding Balance
$58,337
Interest Rate
3.79%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$103,531

Purchase Details

Closed on
Aug 9, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$83,000 Sage Title Group Llc
$25,000 --
$10,000 --
$8,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $20,000
Open $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $83,000 -16.2% $144 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $99,000 -- $172 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,084 $113,500 $25,900 $87,600
2025 $1,074 $104,233 $0 $0
2024 $1,068 $94,967 $0 $0
2023 $1,031 $85,700 $19,400 $66,300
2022 $1,031 $85,700 $19,400 $66,300
2021 $1,031 $85,700 $19,400 $66,300
2020 $1,033 $85,900 $22,400 $63,500
2019 $1,033 $85,900 $22,400 $63,500
2018 $977 $85,900 $22,400 $63,500
2017 $1,000 $88,000 $0 $0
2016 -- $87,600 $0 $0
2015 -- $87,200 $0 $0
2014 -- $86,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Wallace

    Seller's Agent in 2016

    Michael Wallace

    Railey Realty, Inc.

    (301) 616-0844

    8 Total Sales

    Michael Wallace
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003914701

Bright MLS

APN: 08-014426

Maryland Garrett County Oakland 21550

530 Timber Falls Rd, Oakland, MD

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 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.