tomo logo

$1,479,000

Beds
4
Baths
3.0
sq ft
1,844

20698 Garrett Hwy, Oakland, MD 21550

20698 Garrett Hwy

OAKLAND, MD 21550

  • 3 days on market
Beautiful lakefront home offering 89' of lakefront and a private dock. This home has been remodeled and is very warm and inviting from the moment you enter. Boasting a great island featuring granite countertops, and plenty of seating for family and friends. The lakefront views are unobstructed year round, and can be enjoyed from most any room. The outside space is just as pleasing with a wrap-around Trex deck, stone patio with a hot tub, and a firepit. If all of this isn't enough, take a few steps down to the lakefront and enjoy the type A dock. The central location is also hard to beat, just minutes to coffee, ice cream, Wisp Ski Resort, grocery stores and restaurants. Established rental "Moments & Memories". Call today to preview!

Details

Property type

Single Family Residence

Est. home value

$909,374

Lot size

0.28 acres

Price per sq ft

$803

Year built

1950

Annual property taxes

$8,166

HOA

No

Price History

12/19/2024
Bright

Bright #MDGA2008636

Listed
$1,479,000
+76.07%
08/01/2022
Bright

Bright #MDGA2003072

Sold
$840,000

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

$696,516
Asking price
$1,479,000
Closing costs (~8% of asking)
-$118,320
Est. remaining loan balance
-$664,164
Cash to seller
$696,516

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

August 2022

Original loan amount

$685,440

Est. remaining balance

$664,164

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Perry Cunningham and Pamela K Cunningham

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: 12/22/2024 at 6:00 AM

Listing updated: 12/19/2024 at 3:04 PM

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

MLS: Bright #MDGA2008636

Bright logo

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