NOT LISTED FOR SALE

93 Penn Point Rd Oakland, MD 21550

Estimated Value: $566,000 - $684,000

5 Beds
6 Baths
4,480 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $562,500 $126 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,622/month

222 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Wood Flooring
  • Carriage House
  • Premium Lot
  • Sun or Florida Room

About This Home

As of December 2024

Amazing Country Setting at Deep Creek Lake on 4 Acres. Property features two (2) homes and a two- story 40 x 60 Bank barn fronting County Road access. The 4- story Farm house has (3) Bedrooms and (4) Bathrooms. Very well maintained & tastefully finished promoting a country decor. The wrap around porch and multiple common areas offer plenty of room for families and guests to relax. The 3-story Carriage House offers (2) Bedrooms and (2) Bathrooms plus a 3- Bay garage area. Perfect Guest Cottage or Rental Property option. Both Homes approved septic systems for number of Bedrooms. The 40 x 60 Bank Barn is in Excellent Condition with Multiple access points. Property recently surveyed to 4.00 Acres. Seller is direct neighbor and has reserved a view easement adjoining his property, all shown on the Survey Plat. Call today to set up your private showing on this special offering on Penn Point Road. Seller financing available at 4.50% interest, $200,000 down payment up to 25 yr amortization.

Last Agent to Sell the Property

Rich Orr

(301) 387-2000 rorr@railey.com Railey Realty, Inc. License #34181 Listed on: 02/22/2024

Railey Realty, Inc.

Last Buyer's Agent

Brent Housley

(301) 387-2000 bhousley@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,016

Year Built

  • Built in 1924

Lot Details

  • 4 Acre Lot
  • Wood Fence
  • Cyclone Fence
  • Landscaped
  • Premium Lot
  • Back and Side Yard
  • Property is in very good condition
  • Property is zoned LR2, Lake Residential Zone 2

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Basement Garage

Property Views

  • Panoramic
  • Mountain
  • Garden

Home Design

  • Carriage House
  • Farmhouse Style Home
  • Permanent Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 3.5 Levels
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Porch

Farming

  • Bank Barn

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms
  • Septic Tank

Community Details

  • No Home Owners Association
  • Penn Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1210012481

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,016

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Carriage House, Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Year Built: 1924
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Oven/Range - Electric, Washer
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Kitchen - Island, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3.5
  • Room List: Living Room, Primary Bedroom, Kitchen, Basement, Sun/Florida Room, Utility Room
  • Basement: Yes
  • Basement Type: Full, Heated, Interior Access, Dirt Floor
  • Total Sq Ft: 6144
  • Living Area Sq Ft: 4480
  • Price Per Sq Ft: 144.87
  • Above Grade Finished Sq Ft: 4480
  • Below Grade Sq Ft: 1664
  • Total Below Grade Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 3 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level 3 Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House, Garage(s), Barn, Bank Barn
  • Construction Materials: Frame
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Garden/Lawn, Mountain, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Basement Garage, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists, Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Cyclone, Wood
  • Lot Features: Landscaping, Rear Yard, Road Frontage, Sideyard(s), Premium
  • Lot Size Acres: 4.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 174240.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: LR2
  • Zoning Description: Lake Residential Zone 2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4016.00
  • Assessor Parcel Number: 1210012481
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2017
Sold by
Dearden Sheldon W and Dearden Carol A
Bought by
Farley Kenneth G
Current Estimated Value
$626,156
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Farley Kenneth G $325,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $562,500 -13.3% $126 / Sq Ft
09/01/2024 09/01/24 Price Changed $649,000 -7.2% $145 / Sq Ft
06/11/2024 06/11/24 Price Changed $699,000 -11.0% $156 / Sq Ft
05/03/2024 05/03/24 Price Changed $785,000 -7.6% $175 / Sq Ft
02/22/2024 02/22/24 For Sale $849,500 -- $190 / 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 $4,369 $380,633 $0 $0
2024 $4,076 $343,833 $0 $0
2023 $3,621 $304,900 $59,600 $245,300
2022 $3,568 $300,300 $0 $0
2021 $3,514 $295,700 $0 $0
2020 $8 $291,100 $59,600 $231,500
2019 $3,028 $254,133 $0 $0
2018 $2,453 $217,167 $0 $0
2017 $2,046 $180,200 $0 $0
2016 -- $180,200 $0 $0
2015 -- $180,200 $0 $0
2014 -- $182,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2006430

Bright MLS

APN: 10-012481