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$1,289,000

Beds
3
Baths
4.5
sq ft
1,968

3003 Lake Shore Dr, Oakland, MD 21550

3003 Lake Shore Dr

OAKLAND, MD 21550

  • 97 days on market
    • Price drop $60,000↓
The best lakefront value on the market! Offering beautiful sunset views from your level and naturally sandy shoreline, this newly updated 3/4 BR 4 .5 Bath lakefront cottage is move in ready. The natural low maintenance setting means less maintenance and more time to enjoy the abundant recreational opportunities that Deep Creek Lake and Garrett County have to offer. 2024 Updates and upgrades include: New shingles, two added bathrooms, upgraded kitchen with lake views and direct access to the deck, hybrid den/ bedroom added with adjacent full bath. All bedrooms now have direct access to a private bath. Additional features include a 1 car garage, paved driveway with plenty of parking, connected to public sewage, and plenty of room for outside activities. Located within close proximity to area restaurants, shopping, state parks, and the lake recreation center, you'll have easy access to just about everything.

Details

Property type

Single Family Residence

Est. home value

$926,802

Lot size

0.43 acres

Price per sq ft

$655

Year built

1940

Annual property taxes

$7,200

HOA

No

Price History

07/23/2024
Bright

Bright #MDGA2007534

Price change
$1,289,000
-4.45%
06/14/2024
Bright

Bright #MDGA2007534

Listed
$1,349,000
+5.47%
03/05/2024
BrightMLS

BrightMLS #MDGA2006252

Removed
$1,279,000

Schools & Community

Elementary school: 

BROADFORD

Middle school: 

SOUTHERN MIDDLE

High school: 

SOUTHERN GARRETT HIGH

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

Manufacturers & Traders Trust Co

Loan start date

March 2016

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Credit Line (Revolving)

Seller

Frank R Schad

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 9:30 PM

Listing updated: 08/23/2024 at 1:44 AM

Listed by: Bill G Weissgerber Jr., Railey Realty, Inc. Phone #: (301) 387-2000

MLS: Bright #MDGA2007534

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