NOT LISTED FOR SALE

124 Hanover St Cumberland, MD 21502

Estimated Value: $99,000 - $118,000

-- Bed
2 Baths
2,080 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $51,000 $25 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $628/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cash Valley Elementary School Rated 9+

About This Home

As of March 2019

What a great investment opportunity! 2 two bedroom units both currently rented. Convenient location!

Last Agent to Sell the Property

Seth Loar

(301) 876-0676 seth_loar@hotmail.com Coldwell Banker Premier License #660434 Listed on: 12/17/2018

Coldwell Banker Premier

Last Buyer's Agent

Derek Miller

(814) 494-4913 dereks.miller@icloud.com Better Homes & Gardens Real Estate Old Line Group License #668554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1900

Lot Details

  • 2,250 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,080 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Tax Lot 34
  • Assessor Parcel Number 0114003835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$953

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: What a great investment opportunity! 2 two bedroom units both currently rented. Convenient location!
  • Special Features: None

Interior Features

  • Basement: No
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 27.64
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 48700.00
  • Land Assessed Value: 2000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Year Assessed: 2018
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Trash Collection
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14925107
  • Tax Annual Amount: 953.00
  • Assessor Parcel Number: 0114003835
  • Tax Lot: 34
  • Tax Total Finished Sq Ft: 2080
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/29/2019

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Mar 19, 2019
Sold by
Walsh Patrick W
Bought by
Minhas Zulfiqar A and Minhas Neenah M
Seller's Agent
Seth Loar
Coldwell Banker Premier
Buyer's Agent
Derek Miller
Better Homes & Gardens Real Estate Old Line Group
List Price
$57,500
Sold Price
$51,000
Premium/Discount to List
-$6,500
-11.3%
Current Estimated Value
$110,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,333
Avg. Annual Appreciation
12.56%
Original Mortgage
$40,800
Outstanding Balance
$31,219
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$79,114

Purchase Details

Listed on
Sep 19, 2013
Closed on
Apr 23, 2014
Sold by
Roberg Dennis M and Koberg Ethel K
Bought by
Walsh Patrick W
Seller's Agent
Kim Gillum
Coldwell Banker Home Town Realty
Buyer's Agent
Kim Gillum
Coldwell Banker Home Town Realty
List Price
$54,800
Sold Price
$49,000
Premium/Discount to List
-$5,800
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$35,250
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Grahame Erica Louise
Bought by
Roberg Dennis M and Roberg Ethel K

Purchase Details

Closed on
May 23, 2002
Sold by
Grahame James R
Bought by
Grahame Erica Louise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Minhas Zulfiqar A $51,000 None Available
Walsh Patrick W $49,000 Allegheny Highlands Title &
Roberg Dennis M $35,000 --
Grahame Erica Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minhas Zulfiqar A $40,800
Previous Owner Walsh Patrick W $35,250
Closed Roberg Dennis M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $51,000 -11.3% $25 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $57,500 +17.3% $28 / Sq Ft
04/23/2014 04/23/14 Sold $49,000 -10.6% $24 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $54,800 -- $26 / 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
2025 $510 $59,900 $0 $0
2024 $510 $54,400 $0 $0
2023 $455 $48,900 $2,000 $46,900
2022 $518 $48,900 $2,000 $46,900
2021 $457 $48,900 $2,000 $46,900
2020 $471 $50,700 $2,000 $48,700
2019 $458 $49,067 $0 $0
2018 $447 $47,433 $0 $0
2017 $424 $45,800 $0 $0
2016 $428 $44,667 $0 $0
2015 $410 $43,533 $0 $0
2014 $410 $42,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Seth Loar

    Seller's Agent in 2019

    Seth Loar

    Coldwell Banker Premier

    (301) 876-0676

    316 Total Sales

    Seth Loar
    Section Image
  • Derek Miller

    Buyer's Agent in 2019

    Derek Miller

    Better Homes & Gardens Real Estate Old Line Group

    (814) 494-4913

    42 Total Sales

    Derek Miller
    Section Image

  • K

    Seller's Agent in 2014

    Kim Gillum

    Coldwell Banker Home Town Realty

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAL119166

Bright MLS

APN: 14-003835

Maryland Allegany County Cumberland 21502

124 Hanover St, Cumberland, MD

This home is located at 124 Hanover St, Cumberland, MD 21502 since 17 December 2018 and is currently estimated at $110,333, approximately $53 per square foot. This property was built in 1900. 124 Hanover St is a home located in Allegany County with nearby schools including Cash Valley Elementary School, Braddock Middle School, and Allegany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes