NOT LISTED FOR SALE

131 Hanover St Cumberland, MD 21502

Estimated Value: $67,948

-- Bed
2 Baths
2,040 Sq Ft
$33/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $53,000 $26 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $406/month

Highlights

  • No HOA
  • Cash Valley Elementary School Rated 9+
  • Hot Water Heating System

About This Home

As of July 2021

Good 2 1 BR rental with long term tenants paying utilities except for water, sewer, & trash. (Approx. $100 to 120 a month). Great investment property. Owner separated utilities, low exterior maintenance, newer roof, off street parking in rear of building. Close to downtown and all amenities. Property Management in place. No damage, just some cleaning due to long term tenants.

Last Agent to Sell the Property

Craig Diehl

(814) 585-0205 kosmo29@hotmail.com Ability Real Estate Service Listed on: 06/07/2021

Last Buyer's Agent

Craig Diehl

(814) 585-0205 kosmo29@hotmail.com Ability Real Estate Service Listed on: 06/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1900

Lot Details

  • 2,677 Sq Ft Lot

Home Design

  • 2,040 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0114005064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Good 2 1 BR rental with long term tenants paying utilities except for water, sewer, & trash. (Approx. $100 to 120 a month). Great investment property. Owner separated utilities, low exterior maintenance, newer roof, off street parking in rear of building. Close to downtown and all amenities. Property Management in place. No damage, just some cleaning due to long term tenants.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2040
  • Living Area Sq Ft: 2040
  • Price Per Sq Ft: 26.23
  • Above Grade Finished Sq Ft: 2040
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

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: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 50000.00
  • Land Assessed Value: 2400.00
  • Land Use Code: 010
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2677.00
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Total Actual Rent: 11400.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14925209
  • Tax Annual Amount: 1165.00
  • Assessor Parcel Number: 0114005064
  • Tax Total Finished Sq Ft: 2040
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/08/2021

Multi Family

  • Gross Income: 11400.00

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 7, 2021
Sold by
Amade Mary E
Bought by
Cumberland Rentals Llc
Seller's Agent
Craig Diehl
Ability Real Estate Service
Buyer's Agent
Craig Diehl
Ability Real Estate Service
List Price
$53,500
Sold Price
$53,000
Premium/Discount to List
-$500
-0.93%
Current Estimated Value
$67,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,948
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Nov 22, 2006
Sold by
Kruggel Paul H
Bought by
Amade Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2006
Sold by
Kruggel Paul H
Bought by
Amade Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2005
Sold by
Walker James M and Walker Londa K
Bought by
Kruggel Paul H

Purchase Details

Closed on
Nov 9, 1993
Sold by
Walker Sarah O'Baker-James V
Bought by
Walker James M-Londa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
7.11%
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
Cumberland Rentals Llc $53,000 None Available
Amade Mary E $70,040 --
Amade Mary E $70,040 --
Kruggel Paul H $34,000 --
Walker James M-Londa K $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amade Mary E $55,500
Previous Owner Amade Mary E $7,500
Previous Owner Amade Mary E $7,500
Previous Owner Walker James M-Londa K $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $53,000 -0.9% $26 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $53,500 -- $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 $525 $59,600 $0 $0
2024 $525 $56,000 $0 $0
2023 $487 $52,400 $2,400 $50,000
2022 $486 $52,400 $2,400 $50,000
2021 $490 $52,400 $2,400 $50,000
2020 $544 $58,600 $2,400 $56,200
2019 $547 $58,500 $0 $0
2018 $550 $58,400 $0 $0
2017 $535 $58,300 $0 $0
2016 $541 $56,433 $0 $0
2015 $509 $54,567 $0 $0
2014 $509 $52,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Craig Diehl

    Ability Real Estate Service

    (814) 585-0205

    31 Total Sales

    Craig Diehl
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAL137220

Bright MLS

APN: 14-005064

Maryland Allegany County Cumberland 21502

131 Hanover St, Cumberland, MD

This home is located at 131 Hanover St, Cumberland, MD 21502 since 07 June 2021 and is currently estimated at $67,948, approximately $33 per square foot. This property was built in 1900. 131 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