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$289,000

Beds
3
Baths
1.0
sq ft
960

114 Waterwheel Rd, Oakland, MD 21550

114 Waterwheel Rd

OAKLAND, MD 21550

  • 25 days on market
Welcome to Willow Cottage, a charming 3-bedroom, 1-bath home nestled near Deep Creek Lake, MD. Surrounded by lush gardens and shaded by a beautiful willow tree, this inviting home is filled with natural light, featuring original hardwood floors and unique custom touches throughout. The newly renovated kitchen boasts brand-new cabinets, countertops, appliances, and flooring, while the updated bathroom adds modern comfort. Recent improvements include four mini-split AC/heat units, new flex plumbing, fresh drywall and paint, three new windows, a finished laundry room, and epoxy flooring in the lower level game/family room. Additional upgrades like new ceiling fans, track lighting, and TV wall outlets enhance convenience and style. Don’t miss this move-in-ready home in a prime location—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$196,629

Lot size

0.49 acres

Price per sq ft

$302

Year built

1965

Annual property taxes

$1,430

HOA

No

Price History

02/17/2025
Bright

Bright #MDGA2008830

Listed
$289,000
02/11/2025
Bright

Bright #MDGA2008830

Pending
$289,000
02/08/2025
Bright

Bright #MDGA2008830

Listed
$289,000
+125.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

GARRETT COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$162,070
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$103,810
Cash to seller
$162,070

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Norwich Commercial Group Inc

Loan start date

September 2020

Original loan amount

$115,200

Est. remaining balance

$103,810

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Eli Sachs Linthicum and Casey Taylor Linthicum

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:10 AM

Listing updated: 02/27/2025 at 1:44 PM

Listed by: Laura C Newhall, Taylor Made Deep Creek Vacations & Sales Phone #: (301) 387-4700

MLS: Bright #MDGA2008830

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