10401 Gibson Ln SE Cumberland, MD 21502
Estimated Value: $132,000 - $182,000
--
Bed
2
Baths
1,344
Sq Ft
$115/Sq Ft
Est. Value
About This Home
This home is located at 10401 Gibson Ln SE, Cumberland, MD 21502 and is currently estimated at $153,998, approximately $114 per square foot. 10401 Gibson Ln SE is a home located in Allegany County with nearby schools including South Penn Elementary School, Washington Middle School, and Fort Hill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2006
Sold by
Lafferty Rental Inc
Bought by
Scharf Jason
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Outstanding Balance
$5,180
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,818
Purchase Details
Closed on
Nov 15, 2006
Sold by
Lafferty Rental Inc
Bought by
Scharf Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Outstanding Balance
$5,180
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,818
Purchase Details
Closed on
Nov 25, 1998
Sold by
Lafferty Dannyl
Bought by
Lafferty Rental Inc
Purchase Details
Closed on
Oct 12, 1993
Sold by
Fuller Crystal Lynn
Bought by
Lafferty Dannyl
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scharf Jason | $60,000 | -- | |
| Scharf Jason | $60,000 | -- | |
| Lafferty Rental Inc | -- | -- | |
| Lafferty Dannyl | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scharf Jason | $52,200 | |
| Closed | Scharf Jason | $52,200 | |
| Closed | Lafferty Rental Inc | -- |
Source: Public Records
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 | $1,344 | $118,067 | $0 | $0 |
| 2024 | $1,252 | $110,000 | $34,100 | $75,900 |
| 2023 | $1,166 | $107,267 | $0 | $0 |
| 2022 | $1,190 | $104,533 | $0 | $0 |
| 2021 | $604 | $101,800 | $34,100 | $67,700 |
| 2020 | $1,128 | $99,133 | $0 | $0 |
| 2019 | $1,088 | $96,467 | $0 | $0 |
| 2018 | $1,067 | $93,800 | $27,100 | $66,700 |
| 2017 | $1,054 | $93,567 | $0 | $0 |
| 2016 | $0 | $93,333 | $0 | $0 |
| 2015 | -- | $93,100 | $0 | $0 |
| 2014 | -- | $91,467 | $0 | $0 |
Source: Public Records
Map
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