NOT LISTED FOR SALE

129 W Second St Cumberland, MD 21502

Estimated Value: $71,000 - $84,366

-- Bed
1 Bath
1,504 Sq Ft
$52/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $60,000 $40 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $495/month

270 Days on Market

Highlights

  • No HOA
  • Property is in very good condition
  • Radiator
  • Porch

About This Home

As of January 2012

Great Investment Opportunity. Brick duplex. Tax ID# 0104038088 & 0104051378. Each side has 3-4 BR, mud room, dining room, kitchen & living room. Rooms have been repainted and has hardwood flooring throughout. Large basement for storage with W/D hookups. Rents are $550 per unit w/ tenants paying gas and electric. Owner pays water.

Last Agent to Sell the Property

Craig Diehl

Ability Real Estate Service Listed on: 02/02/2011

Last Buyer's Agent

John Macy

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Utilities

  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Porch

Listing and Financial Details

  • The owner pays for miscellaneous, insurance, management, real estate taxes
  • Tax Lot 9-10
  • Assessor Parcel Number 0104038088

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Humbird Addition Subdivision

Building Details

  • Operating Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,262

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Great Investment Opportunity. Brick duplex. Tax ID# 0104038088 & 0104051378. Each side has 3-4 BR, mud room, dining room, kitchen & living room. Rooms have been repainted and has hardwood flooring throughout. Large basement for storage with W/D hookups. Rents are $550 per unit w/ tenants paying gas and electric. Owner pays water.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Unfinished
  • Price Per Sq Ft: 42.55
  • Street Number Modifier: 129

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Slate
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 61010.00
  • Land Assessed Value: 6000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2178
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2010
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Owner Pays: Miscellaneous, Insurance, Management, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14907574
  • Tax Annual Amount: 1262.15
  • Assessor Parcel Number: 0104038088
  • Tax Lot: 9-10
  • Tax Total Finished Sq Ft: 1504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 01/31/2012

Multi Family

  • Gross Income: 6600.00
  • Metering: Electric Separate, Gas Separate
  • Operating Expense: 500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Bollinger Colin S
Bought by
Bollinger Colin Salvo and Bollinger Colin Salvo
Current Estimated Value
$83,150

Purchase Details

Listed on
Feb 2, 2011
Closed on
Jan 24, 2012
Sold by
Chevez Robert J
Bought by
Bollinger Colins S
Seller's Agent
Craig Diehl
Ability Real Estate Service
Buyer's Agent
John Macy
Long & Foster Real Estate, Inc.
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$65,500
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Closed on
Feb 8, 2007
Sold by
Rkc Ventures Llc
Bought by
Chevez Ii Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
Rkc Ventures Llc
Bought by
Chevez Ii Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Beneficial Mortgage Co Of Md
Bought by
Rkc Ventures Llc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Beneficial Mortgage Co Of Md
Bought by
Rkc Ventures Llc

Purchase Details

Closed on
May 16, 2000
Sold by
Duckworth Gary A and Duckworth Vonnie M
Bought by
Richards Michael J and Richards Anjanette G

Purchase Details

Closed on
May 6, 1998
Sold by
King Margaret M Et Vir
Bought by
Duckworth Gary A and Duckworth Vonnie M
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Bollinger Colin Salvo -- None Available
Bollinger Colins S $65,500 Sage Title Group Llc
Chevez Ii Robert J -- --
Chevez Ii Robert J -- --
Rkc Ventures Llc $56,500 --
Beneficial Mortgage Co Of Md $29,210 --
Rkc Ventures Llc $56,500 --
Beneficial Mortgage Co Of Md $29,210 --
Richards Michael J $30,000 --
Duckworth Gary A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colin Salvo Bollinger Revocabl $40,000
Closed Bollinger Colin S $10,500
Closed Bollinger Colins S $65,500
Previous Owner Chevez Ii Robert J $65,000
Previous Owner Chevez Ii Robert J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $60,000 -14.2% $40 / Sq Ft
10/30/2011 10/30/11 Pending -- -- --
02/02/2011 02/02/11 For Sale $69,900 -- $46 / 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 $476 $57,033 $0 $0
2024 $476 $50,767 $0 $0
2023 $414 $44,500 $6,000 $38,500
2022 $392 $42,233 $0 $0
2021 $374 $39,967 $0 $0
2020 $350 $37,700 $6,000 $31,700
2019 $330 $35,600 $0 $0
2018 $316 $33,500 $0 $0
2017 $298 $31,400 $0 $0
2016 $301 $31,400 $0 $0
2015 $312 $31,400 $0 $0
2014 $312 $32,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004291394

Bright MLS

APN: 04-038088