NOT LISTED FOR SALE

87 Edgewood Dr Oakland, MD 21550

15 Beds
5 Baths
4,840 Sq Ft
130,680 Sq Ft Lot

Last Sold June 20, 2022

Last sale price $300,000 $62 Per Sq Ft

316 Days on Market

About This Home

As of June 2022

INVESTOR ALERT!! This is a 5 unit apartment building that is bringing in roughly $39,000 per year in gross revenue! There are 5 apartments rented at $650/month. Each unit has 3 bedrooms, 1 full bathroom, a kitchen, and living space. Ample parking & common areas. Currently being managed by Property Management Services. Call today for more details & to schedule a showings!

Last Agent to Sell the Property

Nina Beitzel

(301) 387-2000 nbeitzel@railey.com Railey Realty, Inc. Listed on: 06/18/2021

Railey Realty, Inc.

Last Buyer's Agent

Karen Myers

(301) 387-4700 terah@deepcreeksales.com Taylor Made Deep Creek Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1920

Lot Details

  • 3 Acre Lot
  • Property is in average condition

Parking

  • Parking Lot

Home Design

  • Stucco

Interior Spaces

  • 4,840 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 15 Main Level Bedrooms
  • 5 Full Bathrooms

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1210005612

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,296

Year Built

Built in 1920

Lot Details

3 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 4840
  • Living Area Sq Ft: 4840
  • Price Per Sq Ft: 70.04
  • Above Grade Finished Sq Ft: 4840
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 15
  • Main Level Bedrooms: 15
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 5

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 139200.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 3.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130680.00
  • Property Condition: Average
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15650452
  • Tax Annual Amount: 2296.00
  • Assessor Parcel Number: 1210005612
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2022 06/20/22 Sold $300,000 -11.5% $62 / Sq Ft
03/10/2022 03/10/22 Price Changed $339,000 -10.6% $70 / Sq Ft
06/18/2021 06/18/21 For Sale $379,000 +116.6% $78 / Sq Ft
02/07/2020 02/07/20 Sold $175,000 -12.5% $36 / Sq Ft View Prior Sale
12/03/2019 12/03/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $199,900 -- $41 / Sq Ft
Source: Bright MLS

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 $4,152 $246,867 $0 $0
2024 $3,574 $208,033 $0 $0
2023 $2,924 $169,200 $30,000 $139,200
2022 $2,878 $162,800 $0 $0
2020 $2,652 $150,000 $30,000 $120,000
2019 $2,646 $149,633 $0 $0
2018 $2,540 $149,267 $0 $0
2017 $2,476 $148,900 $0 $0
2016 -- $146,133 $0 $0
2015 -- $143,367 $0 $0
2014 -- $140,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2000084

Bright MLS
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