NOT LISTED FOR SALE

1108 Simpson Ave Cumberland, MD 21502

Estimated Value: $154,530

Studio
2 Baths
2,570 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2022

Last sale price $130,000 $51 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $961 / mo

118 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Electric Baseboard Heater
  • Parkside Elementary School Rated 9+

About This Home

As of May 2022

Duplex With Good Rental History Located In LaVale. Fully Occupied $695 per Tenant. 2 Other Neighboring Properties Also Available.

Last Agent to Sell the Property

Stephen MacGray

(240) 801-5011 home@charisrealty.com Charis Realty Group License #652984 Listed on: 11/01/2021

Charis Realty Group

Last Buyer's Agent

Pilar E. Goicoechea

(540) 348-4911 dsamson@samsonproperties.net Samson Properties License #5009218

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1925

Lot Details

  • 3,000 Sq Ft Lot
  • Property is in average condition

Parking

  • Off-Street Parking

Home Design

  • 2,570 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Metal Roof
  • Stone Siding

Kitchen

  • Electric Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for heat, trash collection
  • Assessor Parcel Number 0129030022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,278

Year Built

Built in 1925

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Total Sq Ft: 2570
  • Living Area Sq Ft: 2570
  • Price Per Sq Ft: 54.09
  • Above Grade Finished Sq Ft: 2570
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 84600.00
  • Land Assessed Value: 20000.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Property Condition: Average
  • Zoning: COMMERCIAL
  • In City Limits: No

Rental Info

  • Owner Pays: Heat, Trash Collection
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14936895
  • Tax Annual Amount: 1278.00
  • Assessor Parcel Number: 0129030022
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 16680.00

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Apr 29, 2022
Sold by
Bought by
Seller's Agent
Stephen MacGray
Charis Realty Group
Buyer's Agent
Pilar E. Goicoechea
Samson Properties
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Current Estimated Value
$154,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,530
Avg. Annual Appreciation
4.22%
Original Mortgage
$407,760
Outstanding Balance
$386,838
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$232,308
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $407,760
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2022 05/01/22 Sold $130,000 -6.5% $51 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $139,000 -- $54 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,567 $127,200 $0 $0
2024 $1,505 $124,200 $18,000 $106,200
2023 $1,279 $117,667 $0 $0
2022 $1,347 $111,133 $0 $0
2021 $1,267 $104,600 $20,000 $84,600
2020 $1,183 $96,833 $0 $0
2019 $1,079 $89,067 $0 $0
2018 $968 $81,300 $20,000 $61,300
2017 $964 $81,300 $0 $0
2016 $973 $81,300 $0 $0
2015 $1,072 $89,000 $0 $0
2014 $1,072 $89,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen MacGray

    Seller's Agent in 2022

    Stephen MacGray

    Charis Realty Group

    (301) 707-8888

    331 Total Sales

    Stephen MacGray
    Section Image
  • Pilar E. Goicoechea

    Buyer's Agent in 2022

    Pilar E. Goicoechea

    Samson Properties

    (703) 618-6858

    64 Total Sales

    Pilar E. Goicoechea
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL2001216

Bright MLS

APN: 29-030022

Maryland Allegany County Cumberland 21502

1108 Simpson Ave, Cumberland, MD

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