Off Market4761d on market

119 Penelacre Ln

Oakland, MD, 21550 • 21550 • Garrett County

$616,800

$504/sqft

2Beds

1Baths

1,224Sqft

0.82 acLot

1963Built

Property DNA

1 highlights

Waterfront Property

Direct water access

Market activity

Demand and pricing signals for this listing

3 views

People checking out this listing

4761 days on market

Established listing

$504/sqft

Price per square foot

About this home

Single Family · Built 1963

Modest 2BR A-frame (AS-IS) on 98 ft of lakefront at Deep Creek Lake. Lot 8 Penelacres Sub + house. Property does not qualify for a dock permit, though you can still swim, fish, kayak, canoe. Lot 9 (adjacent) is also available, improved w/ 2 BR (expandable to 3BR) septic system & foundation. The sellers did purchase the buydown property for both parcels. Stream runs through property. For More Information and Extra Photos, please visit the Additional Links - Virtual Tour.

Estimated monthly payment

Based on current rates

$3,796/month

Principal & Interest$2,974

Property Tax$617

Insurance$206

Down payment20% ($123,360)

3%50%

Est. 6.05% rate · 30yr fixed · $493,440 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1963

HeatingOther

ParkingGarage - Attached

Lot0.82 Acres

Property

Home typeSingle Family

Year built1963

Systems

HeatingOther

RoofShake / Shingle

ConstructionFrame

Parking & Outdoor

ParkingGarage - Attached

BasementFinished

Lot0.82 Acres

Location & Tax

Neighborhood21550

Annual tax$9,570

Parcel18039893

Features & details

4 categories of property features

Interior Features

Heating

Other

Exterior Features

Exterior

Other

Parking

Garage - Attached

Construction

Frame

Listing insights

Market data and value estimates

StatusOff Market

Days on market4761

Est. value$616,800

Est. rent$1,385/mo

Tax rate0.83%

Price/sqft$504

Last sold$155,000

Tour days6

How are the schools in Oakland?

3 schools rated nearby

Broad Ford Elementary School

Primary • Public • PK-5

7.0 mi

Southern Middle School

Middle • Public • 6-8

7.0 mi

Southern Garrett High School

High • Public • 9-12

7.8 mi

Location

Oakland, MD, 21550

Expand map

Price history

10 events

DateEventPrice$/sqftSource

Mar 25, 2013Sold$155,000$127Public Record

Oct 6, 2012Listing Removed$199,900$163Railey Realty

Sep 4, 2012Price Change$199,900$163Railey Realty

Aug 31, 2012Price Change$249,900$204Railey Realty

Aug 5, 2012Price Change$199,900$163Railey Realty

Jul 7, 2012Listed For Sale$249,900$204Railey Realty

Jun 4, 2012Listing Removed$249,900$204Railey Realty

Jul 17, 2011Price Change$249,900$204Railey Realty

Feb 19, 2011Listed For Sale$279,000$228Railey Realty

Dec 5, 1997Sold$23,000$19Public Record

Sold$155,000

Mar 25, 2013•$127/sqft•Public Record

Listing Removed$199,900

Oct 6, 2012•$163/sqft•Railey Realty

Price Change$199,900

Sep 4, 2012•$163/sqft•Railey Realty

Price Change$249,900

Aug 31, 2012•$204/sqft•Railey Realty

Price Change$199,900

Aug 5, 2012•$163/sqft•Railey Realty

Listed For Sale$249,900

Jul 7, 2012•$204/sqft•Railey Realty

Listing Removed$249,900

Jun 4, 2012•$204/sqft•Railey Realty

Price Change$249,900

Jul 17, 2011•$204/sqft•Railey Realty

Listed For Sale$279,000

Feb 19, 2011•$228/sqft•Railey Realty

Sold$23,000

Dec 5, 1997•$19/sqft•Public Record

Tax history

25 years of records

YearTax paidAssessed value

Apr 8, 2025$9,570$746,500

Apr 8, 2024$7,325$627,133

Apr 8, 2023$5,931$507,767

Apr 8, 2022$4,537$388,400

Apr 8, 2021$4,511$386,200

Apr 8, 2020$4,485$384,000

Apr 8, 2019$4,459$381,800

Apr 8, 2018$1,674$151,900

Apr 8, 2017$1,674$151,900

Apr 8, 2016—$152,900

Apr 8, 2015—$152,900

Apr 8, 2014—$152,900

Apr 8, 2013—$177,600

Apr 8, 2012—$177,600

Apr 8, 2011—$177,600

Apr 8, 2010—$179,900

Apr 8, 2009—$159,000

Apr 8, 2008—$138,100

Apr 8, 2007—$117,200

Apr 8, 2006—$110,442

Apr 8, 2005—$106,046

Apr 8, 2004—$101,650

Apr 8, 2003—$93,582

Apr 8, 2002—$85,516

Apr 8, 2001—$77,450

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Neighborhood details

Local context around this listing

Oakland, MD • Garrett County

Nearby cities

AccidentBartonBittingerFriendsvilleFrostburgGrantsvilleLonaconingMc Henry

Nearby zip codes

21541

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Value estimates

Live

Est. value$616,800

Est. rent$1,385/mo

30yr rate est.6.05%

Affordability$3,633/mo

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