tomo logo

$714,900

Beds
5
Baths
3.0
sq ft
2,792

155 Basswood Way, Oakland, MD 21550

155 Basswood Way

OAKLAND, MD 21550

  • 9 days on market
Tucked just off Lakeshore Drive, this log home nails that luxury treehouse feel. Wrapped in fresh stain (09/24) and packed with updates - "Time Is On My Side" is dialed in for comfort. Five bedrooms, three baths, including a main-level primary. Inside, modern meets rustic with a sleek kitchen, new propane fireplace, and fresh paint throughout. The lower level offers a second living area, pool table, new mini-split (2023), and updated flooring (2022). Outside? Abundant outdoor living space! The wraparound deck and lower patio is partially covered, providing sun when it's sunny and shelter when it isn't. The private backyard adjoins community greenspace with built-in fire pit and covered hot tub pavilion. All new TVs and furniture throughout. Whether kicking back inside or soaking up the outdoors, this place was built to be enjoyed any time - any season. With this Deep Creek Lake getaway... time really would be on your side. Call today to book your private tour!

Details

Property type

Single Family Residence

Est. home value

$639,388

Lot size

9,210 sq ft

Price per sq ft

$257

Year built

2003

Annual property taxes

$5,761

HOA

No

Price History

03/07/2025
Bright

Bright #MDGA2009018

Listed
$714,900
+34.91%
09/10/2021
Bright

Bright #MDGA2000584

Sold
$529,900

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

$267,064
Asking price
$714,900
Closing costs (~8% of asking)
-$57,192
Est. remaining loan balance
-$390,644
Cash to seller
$267,064

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

Seller’s Loan History

Lender

Millennium Financial Group Inc

Loan start date

September 2021

Original loan amount

$423,920

Est. remaining balance

$390,644

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Michael Ryan and Lori Jean Ryan

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: 03/17/2025 at 7:30 AM

Listing updated: 03/14/2025 at 12:04 PM

Listed by: Michael Fenton, Railey Realty, Inc. Phone #: (301) 387-2000

MLS: Bright #MDGA2009018

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