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Backup Offers

93 Penn Point Rd, Oakland, MD, 21550

$649,000

Home List Price

$7,707*

Closing Credit

5 Bedrooms
6 Full Baths
4,480 SqFt
$145/SqFt
House

Location

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93 Penn Point Rd, Oakland$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingBasement Garage, Inside Access, Attached Garage, Driveway
Garage3 spaces
Year Built1924
HeatingBaseboard
CoolingCeiling Fan(s)
BasementYes
ViewGarden, Mountain(s), Panoramic
MLS #MDGA2006430
Lot Size4.00 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 93 Penn Point Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Carriage House, Farmhouse/National Folk
  • Year Built: 1924
  • Living Area: 4,480 SqFt

Listing Office:

  • Office Name: Railey Realty, Inc.
  • Office Phone: (301) 387-2000
  • Listing Agent: Richard B Orr

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Dryer, Refrigerator, Oven, Electric Range, Washer
  • Basement: Yes
  • Interior: Built-Ins, Carpet, Ceiling Fan(s), Kitchen - Island, Walk-in Closet(s), Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden, Mountain(s), Panoramic

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Basement Garage, Inside Access, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Landscaped, Back Yard, Side Yard(s)
  • Lot Size: 4.00 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: 93 Penn Point ROad Oakland, MD 21550

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $3,400
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, MD.

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Oakland, MD

City

Med. Sold Price

$387K

Med. Price/SqFt

$216

Avg. Days On Market

47

# of Sold Homes

19

93 Penn Point Rd vs Oakland

266 DAYS ON ROCKET

+219 Days

$649,000

+$262K More

$145/SqFt

-$72 Less

KEY TAKEAWAY

This property is $262K more than the Median Sold Price and $72/SqFt less than other homes in Oakland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDGA2006430

Listing Office:

  • Office Name: Railey Realty, Inc.
  • Office Phone: (301) 387-2000
  • Listing Agent: Richard B Orr

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2017Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,400$295,700
2020 - $291,100
2018$2,452$217,167
2017$2,046$180,200

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-263647
7
/10

  • Broad Ford Elementary School

  • 607 Harvey Winters Dr

  • 4.90 miles

  • Public District Grades PK-5

school-card-donut-263648
5
/10

  • Yough Glades Elementary School

  • 70 Wolf Acres Dr

  • 6.45 miles

  • Public District Grades PK-5

school-card-donut-263649
7
/10

  • Crellin Elementary School

  • 115 Kendall Dr

  • 9.28 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,750. Typical income of Oakland, MD residents is less than $35k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 93 Penn Point Rd

What is the listing price of this property?

The listing price of 93 Penn Point Rd property is $649,000.

What type of property is this?

The property 93 Penn Point Rd is a house located in Oakland, Maryland, 21550.

Is this property for sale now?

Accepting Backup Offers: 93 Penn Point Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,400 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2017 for $25,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 93 Penn Point Rd has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 93 Penn Point Rd is 4,480 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 93 Penn Point Rd is 1924.

Rocket Homes›Maryland›Garrett County›Oakland›21550›93 Penn Point Rd

This home is located at 93 Penn Point Rd in Oakland, MD and zip code 21550. This 4,480 square foot home, which was built in 1924, sits on a 4.00 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $649,000.

Oakland, MD housing market in October 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 15 sold below. The inventory of homes for sale in Oakland, MD between September 2024 and October 2024 decreased by 6.6%. In October 2024 median list price was $387,000 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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