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Sold for $635,000
  • $635,000

    5 Arrowhead Ln Unit 5, Oakland, MD 21550

    3beds
    1,650sqft
    Townhouse
    Built in 1988
    -- sqft lot
    $618,500 Zestimate®
    $385/sqft
    $2,215 Estimated rent

    Home value

    $618,500

    $501,000 - $767,000

    $2,215/mo

    Zestimate® history
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    What's special

    Wood burning fireplaceMain level deckWet barLower level deck
    Great location for this 3BR-3BA Arrowhead townhouse. This unit sits very close to the water and has fantastic water views of the lake and the dock. Very convenient located in Tharyerville with Arrowhead Deli, Uno's, and Garrett 8 Cinemas nearby. Level walk to the lake and dock from the deck. One BR and one BA on each of 3 levels. Lower level deck and main level deck for relaxing evenings overlooking the lake. Family room featuring native stone wood burning fireplace and wet bar. Please see Arrowhead CUO amended Bylaws dealing with short term vacation rentals. As of the first of July, there are only 2 vacation rentals in Arrowhead so there can be 2 more, according to the CUO. RAILEY REALTY IS NOT THE CARETAKER OF PROPERTIES LISTED BY IT. DURING INCLEMENT WEATHER CONDITIONS, PROSPECTIVE PURCHASERS AND THEIR AGENTS ASSUME ALL LIABILITY ASSOCIATED WITH OR BY WEATHER AT THE PROPERTY.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Liller 301-616-8382,

    Railey Realty, Inc.

    Bought with:

    Jon Bell, 576987

    Railey Realty, Inc.

    Source: Bright MLS,MLS#: MDGA2009392MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 500
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
    Features
    • Bathroom - Tub Shower, Floor Plan - Traditional, Kitchen - Galley
    • Flooring: Ceramic Tile, Carpet
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Stone, Wood Burning
    Interior area
    • Total structure area: 1,650
    • Total interior livable area: 1,650 sqft
    • Finished area above ground: 1,150
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Paved
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Private Dock Site, Shared, Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited hours of Personal Watercraft Operation (PWC), Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard, Lake
    • Body of water: Deep Creek Lake
    • Frontage length: Water Frontage Ft: 500
    Lot
    • Features: Adjoins - Public Land, Backs to Trees
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1218042525
    • Zoning: LAKE RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Cedar
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • Good
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $350 monthly
    • Subdivision: Arrowhead
    HOA
    • Has HOA: No
    • Amenities included: Boat Dock/Slip, Pier/Dock
    • Services included: Common Area Maintenance, Maintenance Grounds, Management, Pier/Dock Maintenance, Road Maintenance, Snow Removal, Trash
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $385/sqft
    • Tax assessed value: $685,000
    • Annual tax amount: $6,619
    • Date on market: 4/27/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium
    • Road surface type: Black Top

    Price history

    DateEventPrice
    9/26/2025Sold$635,000-5.9%$385/sqft
    Source: Bright MLS #MDGA2009392 Report a problem
    8/21/2025Contingent$674,900$409/sqft
    Source: Bright MLS #MDGA2009392 Report a problem
    4/28/2025Listed for sale$674,900+309%$409/sqft
    Source: Bright MLS #MDGA2009392 Report a problem
    10/28/1996Sold$165,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,782 +32.7%$685,000 +20.9%
    2024$6,619 +26.4%$566,667 +26.4%
    2023$5,237 +35.9%$448,333 +35.9%
    2022$3,854 $330,000
    2021$3,854 $330,000
    2020$3,854 $330,000
    2019$3,854 +6%$330,000
    2018$3,636 0%$330,000
    2017$3,637 $330,000 -10.8%
    2016-- $370,000
    2015-- $370,000
    2014-- $370,000 -5.1%
    2013-- $390,000
    2012-- $390,000
    2011-- $390,000 -7.1%
    2010-- $420,000 +3.7%
    2009-- $405,000 +3.8%
    2008-- $390,000 +4%
    2007-- $375,000 +20.1%
    2006-- $312,332 +25.1%
    2005-- $249,666 +33.5%
    2004-- $187,000 +7.1%
    2003-- $174,666 +7.6%
    2002-- $162,333 +8.2%
    2001-- $150,000
    Find assessor info on the county website

    Neighborhood: 21550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Southern Middle
    • High: Southern Garrett High
    • District: Garrett County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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