NOT LISTED FOR SALE

127 Spring St Frostburg, MD 21532

Estimated Value: $143,000 - $211,000

-- Bed
2 Baths
1,768 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $115,000 $65 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,016/month

18 Days on Market

Highlights

  • 0.52 Acre Lot
  • Deck
  • Additional Land
  • Beall Elementary School Rated 9+
  • No HOA
  • Porch

About This Home

As of May 2018

HOME FEATURES TWO 2 BEDROOM APARTMENTS WITH EACH UNIT HAVING ONE BATH. UNIT "A" OFFERS LIVING ROOM, LARGE EAT IN KITCHEN. BASEMENT AREA FOR STORAGE ALONG WITH COVERED FRONT PORCH AND DECK. APARTMENT "B" FEATURES MAIN LEVEL KITCHEN WITH COMBINATION DINING/LIVING AREA. BASEMENT OFFERS ADDITIONAL ROOM AND LAUNDRY ROOM. SALE INCLUDES THREE LOTS AND PARKING IN REAR. SHORT WALK TO COLLEGE.

Last Agent to Sell the Property

Terry Boggs

Railey Realty, Inc. Listed on: 02/23/2018

Railey Realty, Inc.

Last Buyer's Agent

Alli Candelas

Charis Realty Group

Charis Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1905

Lot Details

  • 0.52 Acre Lot
  • Additional Land
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Kitchen

  • Electric Oven or Range

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Connecting Stairway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 14-15-16
  • Assessor Parcel Number 0112007884

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $2,214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,474

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Remarks Public: HOME FEATURES TWO 2 BEDROOM APARTMENTS WITH EACH UNIT HAVING ONE BATH. UNIT "A" OFFERS LIVING ROOM, LARGE EAT IN KITCHEN. BASEMENT AREA FOR STORAGE ALONG WITH COVERED FRONT PORCH AND DECK. APARTMENT "B" FEATURES MAIN LEVEL KITCHEN WITH COMBINATION DINING/LIVING AREA. BASEMENT OFFERS ADDITIONAL ROOM AND LAUNDRY ROOM. SALE INCLUDES THREE LOTS AND PARKING IN REAR. SHORT WALK TO COLLEGE.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Connecting Stairway, Heated, Partially Finished
  • Price Per Sq Ft: 67.31
  • Street Number Modifier: 127

Exterior Features

  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • View: Street
  • View: Yes
  • 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
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 63300.00
  • Land Assessed Value: 23600.00
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.52
  • Lot Size Area: 22500
  • Lot Dimensions: LotWidth:150 X LotDepth:150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22500.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Possible Use: Residential
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R2-A
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14923174
  • Tax Annual Amount: 1474.26
  • Assessor Parcel Number: 0112007884
  • Tax Lot: 14-15-16
  • Tax Page Number: 64
  • Tax Total Finished Sq Ft: 1768
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 05/04/2018

Multi Family

  • Gross Income: 4200.00
  • Income Includes: Apartment Rentals
  • Metering: Electric Separate
  • Operating Expense: 2214.00
  • Vacancy Allowance Rate: 50.00

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 2, 2018
Sold by
Spring Strreet Llc
Bought by
Walton Dennis S and Walton Jeanette M
Seller's Agent
Terry Boggs
Railey Realty, Inc.
Buyer's Agent
Alli Candelas
Charis Realty Group
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%
Current Estimated Value
$165,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,587
Avg. Annual Appreciation
5.23%
Original Mortgage
$86,250
Outstanding Balance
$52,095
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$114,546

Purchase Details

Closed on
Jan 21, 2009
Sold by
Weber David J and Weber Kathy A
Bought by
Spring Streeet Llc

Purchase Details

Closed on
Jan 14, 2009
Sold by
Weber David J and Weber Kathy A
Bought by
Spring Streeet Llc

Purchase Details

Closed on
Nov 5, 1986
Sold by
Wright Arthur F
Bought by
Giles Francis R-Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,200
Interest Rate
9.89%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Walton Dennis S $115,000 None Available
Spring Streeet Llc $128,500 --
Spring Streeet Llc $128,500 --
Giles Francis R-Kathy A $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Dennis S $86,250
Previous Owner Giles Francis R-Kathy A $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $115,000 -3.4% $65 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $119,000 -- $67 / 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 $1,310 $135,300 $23,600 $111,700
2024 $1,310 $126,933 $0 $0
2023 $1,198 $118,567 $0 $0
2022 $1,115 $110,200 $23,600 $86,600
2021 $1,042 $102,433 $0 $0
2020 $929 $94,667 $0 $0
2019 $860 $86,900 $23,600 $63,300
2018 $864 $86,900 $23,600 $63,300
2017 $1,040 $86,900 $0 $0
2016 $1,051 $108,000 $0 $0
2015 $1,058 $108,000 $0 $0
2014 $1,058 $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Boggs

    Seller's Agent in 2018

    Terry Boggs

    Railey Realty, Inc.

    (301) 501-1218

    147 Total Sales

    Section Image
  • Alli Candelas

    Buyer's Agent in 2018

    Alli Candelas

    Charis Realty Group

    (301) 268-0816

    38 in this area

    307 Total Sales

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Map

Source: Bright MLS

MLS Number: 1000193622

Bright MLS

APN: 12-007884

Maryland Allegany County Frostburg 21532

127 Spring St, Frostburg, MD

This home is located at 127 Spring St, Frostburg, MD 21532 since 23 February 2018 and is currently estimated at $166,641, approximately $94 per square foot. This property was built in 1905. 127 Spring St is a home located in Allegany County with nearby schools including Beall Elementary School, Mount Savage Middle School, and Mountain Ridge High School.

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