NOT LISTED FOR SALE

1411 Olive Ave Cumberland, MD 21502

Estimated Value: $66,000 - $149,000

1 Bed
1 Bath
560 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $23,000 $41 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $509/month

8 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of February 2016

1 bedroom, 1 bath home. Priced to sell!!

Last Agent to Sell the Property

Lynn Fike

The Goodfellow Agency License #MRIS:36325 Listed on: 12/09/2015

Last Buyer's Agent

Pam Terry

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 2,250 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0104016343

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1924
  • Remarks Public: 1 bedroom, 1 bath home. Priced to sell!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Living Area Units: Square Feet
  • Street Number Modifier: 1411

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 34000.00
  • Land Assessed Value: 6000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Year Assessed: 2015
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14905694
  • Tax Annual Amount: 822.16
  • Assessor Parcel Number: 0104016343
  • Tax Page Number: 386
  • Tax Total Finished Sq Ft: 560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 02/17/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 11, 2016
Sold by
Our Lady Of The Mountains Roman Catholic
Bought by
Imes Cynthia S
Seller's Agent
Lynn Fike
The Goodfellow Agency
Buyer's Agent
Pam Terry
EXP Realty, LLC
List Price
$25,000
Sold Price
$23,000
Premium/Discount to List
-$2,000
-8%
Current Estimated Value
$89,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,554
Avg. Annual Appreciation
15.34%
Original Mortgage
$18,400
Outstanding Balance
$1,276
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$88,368

Purchase Details

Closed on
Aug 18, 2014
Sold by
Reed Barbara A
Bought by
First United Bank & Trust and Estate Of Edward H Reed
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
Imes Cynthia S $23,000 Attorney
First United Bank & Trust $7,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imes Cynthia S $18,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $23,000 -8.0% $41 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $25,000 -- $45 / 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 $250 $34,233 $0 $0
2024 $250 $29,867 $0 $0
2023 $237 $25,500 $6,000 $19,500
2022 $526 $25,033 $0 $0
2021 $230 $24,567 $0 $0
2020 $224 $24,100 $6,000 $18,100
2019 $225 $24,100 $6,000 $18,100
2018 $229 $24,100 $6,000 $18,100
2017 $228 $24,100 $0 $0
2016 -- $24,100 $0 $0
2015 -- $40,000 $0 $0
2014 -- $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lynn Fike

    The Goodfellow Agency

  • Pam Terry

    Buyer's Agent in 2016

    Pam Terry

    EXP Realty, LLC

    (301) 697-1442

    366 Total Sales

    Pam Terry
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Map

Source: Bright MLS

MLS Number: 1002767394

Bright MLS

APN: 04-016343

Maryland Allegany County Cumberland 21502

1411 Olive Ave, Cumberland, MD

This home is located at 1411 Olive Ave, Cumberland, MD 21502 since 09 December 2015 and is currently estimated at $89,554, approximately $159 per square foot. This property was built in 1924. 1411 Olive Ave is a home located in Allegany County with nearby schools including John Humbird Elementary School, Washington Middle School, and Fort Hill High School.

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