Seller's Agent in 2024
Alli Candelas
Charis Realty Group
(301) 268-0816
308 Total Sales
137 Polk St Cumberland, MD 21502
Estimated Value: $62,000
Studio
2
Baths
1,680
Sq Ft
$37/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Main Floor Bedroom
- Additional Land
- Cash Valley Elementary School Rated 9+
- High Ceiling
- Window Unit Cooling System
About This Home
As of May 2024This established "airbnb" gem is located in the heart of Cumberland and is ready to put money in your pocket! The income is unbelievable, and the best part is...IT COULD BE YOURS! The property features a top and bottom duplex each with 1 bedroom, 1 full bathroom, living room and kitchen. Both units will come fully furnished with the right offer so you can keep the income flowing with the "airbnb" rentals. Guests have raved about the close proximity to historic downtown Cumberland, the Cumberland Theatre, Western Maryland Scenic Railroad, the C&O Canal and GAP Trail and all the local bars, restaurants and shops! Now with all the work being done on the downtown mall it's going to drive even more guests your way! The current "housekeeper" is willing to stay on staff for the new owner and does a great job between guests and making sure the units are in pristine condition for each guest! The property comes with a side lot that allows for off street parking for the guests which is a huge asset! There is a shared entrance, and each unit has laundry that guests are able to take advantage of as well.
Last Agent to Sell the Property
(240) 801-5011 home@charisrealty.com Charis Realty Group Listed on: 10/08/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $762
Year Built
- Built in 1910
Lot Details
- 1,825 Sq Ft Lot
- Downtown Location
- Additional Land
- Property is in very good condition
Home Design
- Duplex
- Bi-Level Home
- Brick Exterior Construction
Interior Spaces
- Main Floor Bedroom
- 1,680 Sq Ft Home
- High Ceiling
- Ceiling Fan
Kitchen
- Second Kitchen
- Stove
Schools
- West Side Elementary School
- Braddock Middle School
- Allegany High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for all utilities, insurance, real estate taxes
- Tax Lot 2-3
- Assessor Parcel Number 0114003274
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2023
Closed on
May 10, 2024
Sold by
Vaughan Rachelle and Cardenas Rachelle Vaughan
Bought by
137 Polk St Llc
Seller's Agent
Alli Candelas
Charis Realty Group
Buyer's Agent
Dan DeBlock
Charis Realty Group
List Price
$175,000
Sold Price
$152,000
Premium/Discount to List
-$23,000
-13.14%
Views
148
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,000
Original Mortgage
$121,600
Outstanding Balance
$119,559
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 4, 2018
Closed on
Mar 1, 2019
Sold by
Conrad Kathleen M Zimmerman and Conrad Dennis Melinda
Bought by
Vaughan Rachelle
Seller's Agent
Heather Brailer
Charis Realty Group
Buyer's Agent
Alli Candelas
Charis Realty Group
List Price
$48,900
Sold Price
$39,500
Premium/Discount to List
-$9,400
-19.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.52%
Purchase Details
Closed on
Feb 18, 2004
Sold by
Dennis Bessie Christine
Bought by
Zimmerman Kathleen M and Zimmerman Dennis Melinda
Purchase Details
Closed on
Aug 25, 2003
Sold by
Dennis Bessie Christine
Bought by
Zimmerman Kathleen M and Zimmerman Dennis Melinda
Purchase Details
Closed on
Aug 13, 1998
Sold by
Dennis Bessie C
Bought by
Dennis Bessie Christine
Purchase Details
Closed on
Oct 8, 1997
Sold by
Dennis Construction Co
Bought by
Dennis Bessie C
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 137 Polk St Llc | $152,000 | None Listed On Document | |
| 137 Polk St Llc | $152,000 | None Listed On Document | |
| Vaughan Rachelle | $39,500 | None Available | |
| Zimmerman Kathleen M | $35,000 | -- | |
| Zimmerman Kathleen M | $35,000 | -- | |
| Dennis Bessie Christine | -- | -- | |
| Dennis Bessie C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 137 Polk St Llc | $121,600 | |
| Closed | 137 Polk St Llc | $121,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $152,000 | -13.1% | $90 / Sq Ft | |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- | |
| 10/08/2023 10/08/23 | For Sale | $175,000 | +343.0% | $104 / Sq Ft | |
| 03/01/2019 03/01/19 | Sold | $39,500 | -19.2% | $24 / Sq Ft | View Prior Sale |
| 10/27/2018 10/27/18 | For Sale | $48,900 | 0.0% | $29 / Sq Ft | |
| 10/15/2018 10/15/18 | Pending | -- | -- | -- | |
| 09/04/2018 09/04/18 | For Sale | $48,900 | -- | $29 / Sq Ft |
Source: Bright MLS
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 | $647 | $70,633 | $0 | $0 |
| 2024 | $510 | $54,467 | $0 | $0 |
| 2023 | $356 | $38,300 | $6,000 | $32,300 |
| 2022 | $355 | $38,300 | $6,000 | $32,300 |
| 2021 | $358 | $38,300 | $6,000 | $32,300 |
| 2020 | $362 | $39,300 | $6,000 | $33,300 |
| 2019 | $367 | $39,267 | $0 | $0 |
| 2018 | $370 | $39,233 | $0 | $0 |
| 2017 | $360 | $39,200 | $0 | $0 |
| 2016 | $364 | $37,967 | $0 | $0 |
| 2015 | $343 | $36,733 | $0 | $0 |
| 2014 | $343 | $35,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alli Candelas
-
Dan DeBlock
D
Buyer's Agent in 2024
Dan DeBlock
Charis Realty Group
(301) 707-4377
16 Total Sales
-
Heather Brailer
Seller's Agent in 2019
Heather Brailer
Charis Realty Group
(301) 991-2528
115 Total Sales
Map
Source: Bright MLS
MLS Number: MDAL2007262
APN: 14-003274
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