NOT LISTED FOR SALE

14 E Elder St Cumberland, MD 21502

Estimated Value: $54,000 - $104,000

Studio
2 Baths
1,740 Sq Ft
$50/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $40,500 $23 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $498/month

8 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Radiator
  • Wood Frame Window
  • Porch

About This Home

As of September 2021

RREHAB POTENTIAL - PROPERTY WITH A DOUBLE LOT TOTAL 60X125 - NEW ELECTRIC SERVICE INTO THE HOME BUT NEEDS REWIRED - BRING YOUR HAMMER AND IMAGINATION

Last Agent to Sell the Property

Dennis Murray

(240) 580-0379 dmurrayc21@gmail.com Century 21 Potomac West Listed on: 08/25/2021

Century 21 Potomac West

Last Buyer's Agent

Deanne Miles

(240) 675-6734 Dmiles@reimove.com Real Estate Innovations License #WVS230302957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1922

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • 3 Car Detached Garage
  • Front Facing Garage

Home Design

  • Duplex
  • Bi-Level Home
  • Plaster Walls
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • Wood Frame Window
  • Wood Flooring

Outdoor Features

  • Porch

Utilities

  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 2-Story Building
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 0104040007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$797

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Wood Floors
  • Window Features: Wood Frame
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1740
  • Price Per Sq Ft: 22.93
  • Above Grade Finished Sq Ft: 1740
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 38900.00
  • Land Assessed Value: 7500.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RESID
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14907734
  • Tax Annual Amount: 797.00
  • Assessor Parcel Number: 0104040007
  • Tax Lot: 89
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 15, 2021
Sold by
Blank Brent W
Bought by
Khan Mohammed L and Khan Makai Malikyar
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Deanne Miles
Real Estate Innovations
List Price
$39,900
Sold Price
$40,500
Premium/Discount to List
$600
1.5%
Current Estimated Value
$87,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,360
Avg. Annual Appreciation
19.68%

Purchase Details

Listed on
Sep 26, 2015
Closed on
Feb 2, 2016
Sold by
Cross Ii Harry J
Bought by
Blank Brent W
Seller's Agent
Stephen MacGray
Charis Realty Group
Buyer's Agent
Stephen MacGray
Charis Realty Group
List Price
$59,000
Sold Price
$39,000
Premium/Discount to List
-$20,000
-33.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$41,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2014
Sold by
Cross Ii Harry J and Cross Jennie M
Bought by
Cross Ii Harry J

Purchase Details

Closed on
Jan 13, 2006
Sold by
Sirbaugh C Willard
Bought by
Cross Harry J I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Khan Mohammed L $40,500 None Listed On Document
Blank Brent W $39,000 Attorney
Cross Ii Harry J -- None Available
Cross Harry J I $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blank Brent W $41,000
Previous Owner Cross Harry J I $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $40,500 +1.5% $23 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $39,900 +2.3% $23 / Sq Ft
02/02/2016 02/02/16 Sold $39,000 -20.4% $22 / Sq Ft View Prior Sale
12/19/2015 12/19/15 Pending -- -- --
12/09/2015 12/09/15 Price Changed $49,000 -16.9% $28 / Sq Ft
09/26/2015 09/26/15 For Sale $59,000 -- $34 / 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 $472 $51,467 $0 $0
2024 $458 $48,933 $0 $0
2023 $432 $46,400 $7,500 $38,900
2022 $469 $44,300 $0 $0
2021 $395 $42,200 $0 $0
2020 $372 $40,100 $6,500 $33,600
2019 $375 $40,100 $6,500 $33,600
2018 $381 $40,100 $6,500 $33,600
2017 $608 $64,400 $0 $0
2016 $308 $64,400 $0 $0
2015 -- $64,400 $0 $0
2014 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2000720

Bright MLS

APN: 04-040007