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$279,000

Beds
3
Baths
2.0
sq ft
1,680

93 Mel Lin Ln, Oakland, MD 21550

93 Mel Lin Ln

OAKLAND, MD 21550

  • 55 days on market
    • Price drop $20,000↓
Explore this unique cabin in the woods. The property is located on a secluded lot off of Oakland Sang Run Rd. It is minutes away from Swallow Falls.

Details

Property type

Single Family Residence

Est. home value

$325,333

Lot size

1.74 acres

Price per sq ft

$167

Year built

2015

Annual property taxes

$2,228

HOA

No

Price History

08/31/2024
Bright

Bright #MDGA2007734

Price change
$279,000
-6.69%
07/23/2024
Bright

Bright #MDGA2007734

Listed
$299,000
-8%
07/01/2024
Bright

Bright #MDGA2006070

Removed
$325,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

SOUTHERN GARRETT HIGH

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

$160,389
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$96,291
Cash to seller
$160,389

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

Seller’s Loan History

Lender

Wepco Fcu

Loan start date

December 2020

Original loan amount

$120,000

Est. remaining balance

$96,291

Interest rate

2.32%

Loan type

New Conventional, 16 year

Seller

Milton W Dewitt

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: 09/16/2024 at 4:35 PM

Listing updated: 08/30/2024 at 8:53 PM

Listed by: ANGELA BOSLEY, Taylor Made Deep Creek Vacations & Sales Phone #: (301) 387-4700

MLS: Bright #MDGA2007734

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