Back 3 South 3rd Street
Off Market

3 South 3rd Street

Oakland MD 21550

3
4
3594 sq. ft.
5227 sq. ft.
Single-Family
Last sold for $329,000
Jay FergusonJay Ferguson, last sold this property on 08 January 2024 after 214 days on market.

Overview

Elegant multi-use property in downtown Oakland! Everyone recognizes this iconic location with a prime corner lot on Center St & Garrett Hwy/3rd St and located beside city hall. Fully renovated and restored, the first floor offers a classy and highly adaptable workspace ( 1500sf) with multiple offices, common areas & conference rooms. Upstairs, you will find a recently renovated 3BR, 2BA luxury apartment - currently generating $1,650/mth rental income. Gourmet kitchen, contemporary stylings with brick & hardwood accents - you may just want to live here full-time instead of renting it out. The wrap-around covered porch is a welcoming feature as you enter the building and also perfect for the Autumn Glory parade. Property is zoned commercial though could potentially be converted to other uses. Call for a private showing!

Features

3 bedrooms
4 bathrooms
3594 sq. ft. floor area
5227 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Oakland over the last 12 months, the estimated median property value of 3 South 3rd Street is $300.46k.

Median value
$300.46k
Estimated value range
$30k - $1.43m
Median days on market
29
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Oakland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 South 3rd Street

2024
Sold
$329,000
08 Jan 2024 by Jay Ferguson, of Taylor Made Deep Creek Vacations & Sales
2022
Sold
$375,000
06 May 2022 by Jonathan Bell, of Railey Realty, Inc

Happy sellers in Oakland

87%
87% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Oakland over the last 12 months.

Local market activity for 3 bedroom single-family properties in Oakland

In the last 12 months, 62 three-bedroom single-family properties similar to 3 South 3rd Street, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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