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$848,000

Beds
5
Baths
4.5
sq ft
2,250

158 Silver Tree Ln, Oakland, MD 21550

158 Silver Tree Ln

OAKLAND, MD 21550

  • 83 days on market
    • Price drop $27,000↓
Beautiful lake view and water access home located in the Silver Tree Landing community on the shores of Deep Creek Lake. This home offers 5 bedrooms, an open floorplan, an updated kitchen with granite countertops, and a great propane fireplace to make the chilly evenings feel warm and inviting. Two levels of living space make this an ideal full time or vacation home. The exterior space is just as pleasing - the choice is yours - relax on the deck, enjoy the hot tub or take a short walk to stunning Deep Creek Lake. Perfectly located just minutes to restaurants, grocery stores, DCL State Park, and Wisp Ski Resort.

Details

Property type

Single Family Residence

Est. home value

$887,153

Lot size

0.33 acres

Price per sq ft

$377

Year built

2003

Annual property taxes

$5,831

Monthly HOA fee

$131.17

Price History

08/30/2024
Bright

Bright #MDGA2007634

Price change
$848,000
-3.09%
06/28/2024
Bright

Bright #MDGA2007634

Listed
$875,000
+18.24%
01/09/2023
Bright

Bright #MDGA2003682

Sold
$740,000
+102.74%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

GARRETT COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

First United Bank & Trust

Loan start date

January 2023

Original loan amount

$647,200

Est. remaining balance

Not provided

Interest rate

5.12%

Loan type

New Conventional, 30 year

Seller

Warren T Morris Jr and Kimberly R Morris

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: 09/18/2024 at 9:45 PM

Listing updated: 08/30/2024 at 3:43 PM

Listed by: Elizabeth S Spiker Holcomb, Taylor Made Deep Creek Vacations & Sales Phone #: (301) 387-4700

MLS: Bright #MDGA2007634

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