NOT LISTED FOR SALE

10 Commerce Dr Cumberland, MD 21502

Estimated Value: $12,697,634

-- Bed
-- Bath
46,785 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 10 Commerce Dr, Cumberland, MD 21502 and is currently estimated at $12,697,634, approximately $271 per square foot. 10 Commerce Dr is a home located in Allegany County with nearby schools including Northeast Elementary School, Washington Middle School, and Fort Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Cfbc Properties Llc
Bought by
2911 Rhode Island Bl Llc
Current Estimated Value
$12,697,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,528,000
Outstanding Balance
$6,922,857
Interest Rate
3.1%
Estimated Equity
$5,595,541

Purchase Details

Closed on
Aug 18, 2010
Sold by
Allegany County Commissioners
Bought by
Cfbc Properties Llc

Purchase Details

Closed on
Jun 20, 1997
Sold by
Biederlack Inc
Bought by
Allegany County Commissioners
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2911 Rhode Island Bl Llc $10,240,000 New Title Company Name
Cfbc Properties Llc $350,000 --
Allegany County Commissioners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2911 Rhode Island Bl Llc $7,528,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $93,011 $10,148,533 $0 $0
2024 $93,798 $10,012,600 $339,000 $9,673,600
2023 $89,132 $9,580,967 $0 $0
2022 $84,915 $9,149,333 $0 $0
2021 $81,527 $8,717,700 $339,000 $8,378,700
2020 $60,426 $8,717,700 $339,000 $8,378,700
2019 $53,890 $8,717,700 $339,000 $8,378,700
2018 $47,616 $8,767,300 $339,000 $8,428,300
2017 $62,126 $7,657,733 $0 $0
2016 $62,753 $6,548,167 $0 $0
2015 $52,544 $5,438,600 $0 $0
2014 $52,544 $5,438,600 $0 $0
Source: Public Records

Map

Maryland Allegany County Cumberland 21502

10 Commerce Dr, Cumberland, MD

This home is located at 10 Commerce Dr, Cumberland, MD 21502 and is currently estimated at $12,697,634, approximately $271 per square foot. 10 Commerce Dr is a home located in Allegany County with nearby schools including Northeast Elementary School, Washington Middle School, and Fort Hill High School.

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