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1359 Penn Point Road

1359 Penn Point Road, Oakland, MD 21550
Property in Garrett
Sold Oct 27, 2020
$800,000
$700,000 by Harry M Kelly Jr Etux
Mortgage
Sold Nov 24, 2008
$854,500
$683,600 by Washington Fsb
Mortgage Due Dec 01, 2023
1359 Penn Point Road in Oakland, MD was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1359 Penn Point Road has 2,076 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 30,753 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a mixed used garage. The garage is 1,624 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 23, 2020 for $800,000. That's $385.36 per sqft. Prior to that sales transaction, the property was also sold in Nov 21, 2008 for $854,500. 1359 Penn Point Road was last assessed in 2023. The total value of the property was assessed at $532,867. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,254. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,624
  • Parking Space Count: 5
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,753
  • Total Building Area: 2,076
  • Gross Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PAWN RUN
  • Land Acres: 0.706
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 30753 SQ FT 171.44'L N/S PENN POINT RD PAWN RUN

Ownership

  • Current Owner : KATICH ROBERT G
  • Current Owner 2: KATICH LORI J
  • Previous Owner : KELLY HARRY M
  • Previous Owner 2: KELLY CHRISANDRA A
  • Owner Before Previous Owner: ROBERTSON STEPHEN P
  • Owner Before Previous Owner 2: ROBERTSON SALLY B

Neighborhood

  • School District Name: Garrett County Public Schools
  • Census Tract: 000502

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 66 17 114
  • Account Number: 026082
  • District: 18
  • Parcel: 18-026082
  • Latitude: 39.4668
  • Longitude: -79.3101

    Address

  • Full Address: 1359 Penn Point Rd
  • Address - House Number: 1359
  • Address - Street Name: Penn Point
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Oakland
  • Carrier Code: R004
  • 4-Digit Zip Code: 7458
  • Zip Code: 21550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,254

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 998,727
  • High Value: 1,248,305
  • Low Value: 749,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: HARRY M KELLY JR ETUX
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $647,200
  • Market Land Value: $267,500
  • Market Improvement Value: $379,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,867

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11797876115
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 24, 2008
  • Previous Sale Contract Date: Nov 21, 2008
  • Previous Sale Amount: $854,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HARRY M KELLY JR ETUX
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON FSB
  • Previous Mortgage Transaction Date: Nov 24, 2008
  • Previous Mortgage Loan Amount: $683,600
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2023

About Garrett



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Frequently Asked Questions

What neighborhood is 1359 Penn Point Road located in?
The 1359 Penn Point Road is a located in the neighborhood of Garrett in Garrett, Oakland.
What is the average sales price for listings in 1359 Penn Point Road?
The average sales price for units in 1359 Penn Point Road is $0 currently.

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