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405 Fairway Drive

405 Fairway Drive, Oakland, MD 21550
Property in Garrett
Sold Apr 19, 2021
$65,000
$229,000 by Clear Mountain Bank
Mortgage Due May 01, 2052
Sold Jul 29, 1988
$65,000
$67,000
Mortgage
Local assessors in Oakland, MD have categorized 405 Fairway Drive as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 13,939 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 405 Fairway Drive has a total of 1,305 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,175 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 15, 2021 for $65,000. That's $49.81 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 1988 for $65,000. 405 Fairway Drive was last assessed in 2023. The total value of the property was assessed at $162,733. 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 $2,669. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Split foyer
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,175
  • Garage Type: Carport
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,305
  • Gross Building Area: 1,305
  • Building Area: 1,305
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,305
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLF CREST MANOR
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.32 AC LOT 44 GOLF CREST MANOR

Ownership

  • Current Owner : KURILLA JOHN J
  • Previous Owner : ELMLINGER LYNNE M
  • Owner Before Previous Owner: RODEHEAVER HOMER D

Neighborhood

  • School District Name: Garrett County Public Schools
  • Census Tract: 000601

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 110 8 2751
  • Account Number: 007009
  • District: 17
  • Parcel: 17-007009
  • Lot: 44
  • Municipality: OAKLAND
  • Latitude: 39.4189
  • Longitude: -79.415

    Address

  • Full Address: 405 Fairway Dr
  • Address - House Number: 405
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Oakland
  • Carrier Code: R005
  • 4-Digit Zip Code: 5521
  • Zip Code: 21550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,669
  • Tax Rate Code Area: 372

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 70
  • Final Value: 227,488
  • High Value: 261,414
  • Low Value: 193,561

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $254,000
  • First Open Lien Mortgage Lender: CLEAR MOUNTAIN BANK
  • First Open Lien Mortgage Recording Date: Apr 05, 2022
  • First Open Lien Mortgage Loan Amount: $229,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052
  • Second Open Lien Mortgage Lender: CLEAR MOUNTAIN BANK
  • Second Open Lien Mortgage Recording Date: Feb 14, 2023
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $220,400
  • Market Land Value: $23,700
  • Market Improvement Value: $196,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,733

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11836590474
  • Current Sale Price: $65,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 29, 1988
  • Previous Sale Contract Date: Jul 29, 1988
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOUGLAS J SMITH ETUX
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jul 29, 1988
  • Previous Mortgage Loan Amount: $67,000

About Oakland



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Frequently Asked Questions

What neighborhood is 405 Fairway Drive located in?
The 405 Fairway Drive is a located in the neighborhood of Garrett in Oakland, Oakland.
What is the average sales price for listings in 405 Fairway Drive?
The average sales price for units in 405 Fairway Drive is $0 currently.

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