Seller's Agent in 2023
Christine Reeder
Long & Foster Real Estate, Inc.
(301) 606-8611
1,113 Total Sales
1031 Richwood Ave Cumberland, MD 21502
Estimated Value: $404,438 - $453,000
4
Beds
4
Baths
5,016
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Traditional Floor Plan
- 3 Fireplaces
- Deck
- Wood Flooring
- No HOA
About This Home
As of August 2023Architect Olin Rembold designed and built this stately brick home. The home is situated on a corner lot and has a NEW ROOF. Amenities include: a first floor bedroom and bath, main level laundry room, breakfast room off of the kitchen, spiral staircase in the cathedral foyer, 4 fireplaces, deck off of the kitchen, and conveniently located to shops and major highways. A new heating system & duct work was installed after 2009 and is forced air with natural gas. The sale also includes 2 additional parcels, Tax ID 0106044875, .2720 acres and Tax ID 0106047629, .2590 acres for a total of 1.034 acres of private luxury!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #581222 Listed on: 05/05/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,446
Year Built
- Built in 1972
Lot Details
- 0.5 Acre Lot
- Tax ID 0106044875; .2720 acres and Tax ID 0106047629; .2590 acres; for a total of 1.034 acres
- Property is in very good condition
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- 3 Fireplaces
- Fireplace With Glass Doors
- Family Room
- Living Room
- Dining Room
- Den
- Wood Flooring
- Finished Basement
Kitchen
- Country Kitchen
- Breakfast Room
- Double Oven
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Woodland Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 0106044840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2023
Closed on
Aug 3, 2023
Sold by
Desai Jignesh and Desai Kena
Bought by
Mogin Paul P and Mogin Jamileh N
Seller's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
Buyer's Agent
Madeline Lussier
RLAH @properties
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%
Views
417
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,479
Avg. Annual Appreciation
2.33%
Original Mortgage
$320,000
Outstanding Balance
$311,720
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$118,133
Purchase Details
Closed on
Jul 23, 2010
Sold by
Radmanesh Effat
Bought by
Desai Jignesh and Desai Kena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.51%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mogin Paul P | $410,000 | None Listed On Document | |
| Desai Jignesh | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mogin Paul P | $320,000 | |
| Previous Owner | Desai Jignesh | $70,000 | |
| Previous Owner | Desai Jignesh S | $281,200 | |
| Previous Owner | Desai Jignesh | $104,000 | |
| Previous Owner | Desai Jignesh | $200,000 | |
| Closed | Desai Jignesh | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $410,000 | -10.9% | $82 / Sq Ft |
| 07/02/2023 07/02/23 | Price Changed | $460,000 | -3.2% | $92 / Sq Ft |
| 05/05/2023 05/05/23 | For Sale | $475,000 | -- | $95 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,297 | $379,567 | $0 | $0 |
| 2024 | $3,297 | $351,933 | $0 | $0 |
| 2023 | $3,017 | $324,300 | $44,800 | $279,500 |
| 2022 | $3,010 | $324,300 | $44,800 | $279,500 |
| 2021 | $3,033 | $324,300 | $44,800 | $279,500 |
| 2020 | $3,173 | $341,700 | $54,100 | $287,600 |
| 2019 | $3,193 | $341,700 | $54,100 | $287,600 |
| 2018 | $3,248 | $341,700 | $54,100 | $287,600 |
| 2017 | $3,362 | $356,000 | $0 | $0 |
| 2016 | $1,678 | $350,533 | $0 | $0 |
| 2015 | $3,277 | $345,067 | $0 | $0 |
| 2014 | $3,277 | $339,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Reeder
-
Madeline Lussier
Buyer's Agent in 2023
Madeline Lussier
Real Living at Home
(703) 220-3936
182 Total Sales
Map
Source: Bright MLS
MLS Number: MDAL2006044
APN: 06-044840
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