NOT LISTED FOR SALE

120 Cumberland St Clear Spring, MD 21722

Estimated Value: $231,000 - $284,297

-- Bed
1 Bath
3,492 Sq Ft
$74/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $5,000 $1 Per Sq Ft

Est. 5,071% increase in value since last sale

Current estimated payment $1,597/month

92 Days on Market

About This Home

As of February 2015

Two units in Clear Spring. Properties are located in the flood 100 year flood plain. Property is being sold as is. Back of property has a wonderful stream. Close to White Tail Resort. No interior showings

Last Listed By

Jeanne Pino

Real Estate Innovations Listed on: 11/01/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 9,702 Sq Ft Lot

Parking

  • On-Street Parking

Community Details

  • No Home Owners Association
  • 2 Units
  • Clear Spring Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 2204001087

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1860
  • Remarks Public: Two units in Clear Spring. Properties are located in the flood 100 year flood plain. Property is being sold as is. Back of property has a wonderful stream. Close to White Tail Resort. No interior showings
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 2.84
  • Street Number Modifier: 120

Exterior Features

  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 200.00
  • Land Assessed Value: 67900.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9702
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9702.00
  • Year Assessed: 2014
  • Zoning: U
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11595795
  • Tax Annual Amount: 827.42
  • Assessor Parcel Number: 2204001087
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 3492
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/27/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2014
Closed on
Feb 24, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Grosh Brian J
Seller's Agent
Jeanne Pino
Real Estate Innovations
Buyer's Agent
Brandi French
Roberts Realty Group, LLC
List Price
$39,900
Sold Price
$5,000
Premium/Discount to List
-$34,900
-87.47%
Total Days on Market
92
Current Estimated Value
$258,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,574
Avg. Annual Appreciation
47.91%

Purchase Details

Closed on
Jul 22, 2014
Sold by
Bonds Timothy A and Bonds Krista
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 3, 2003
Sold by
Brown Maxine J
Bought by
Bonds Timothy A

Range of Values:

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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
Grosh Brian J $5,000 None Available
Federal Home Loan Mortgage Corporation $82,000 None Available
Bonds Timothy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonds Timothy A $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $5,000 -87.5% $1 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
11/01/2014 11/01/14 For Sale $39,900 -- $11 / Sq Ft
Source: Bright MLS

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
2024 $1,872 $205,533 $0 $0
2023 $1,683 $183,900 $72,700 $111,200
2022 $1,338 $146,900 $0 $0
2021 $1,028 $109,900 $0 $0
2020 $679 $72,900 $72,700 $200
2019 $682 $72,900 $72,700 $200
2018 $682 $72,900 $72,700 $200
2017 $682 $72,900 $0 $0
2016 -- $71,300 $0 $0
2015 -- $69,700 $0 $0
2014 $1,562 $164,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003246238

Bright MLS

APN: 04-001087