NOT LISTED FOR SALE

14505 Cedar St Cumberland, MD 21502

Estimated Value: $98,000 - $161,000

-- Bed
1 Bath
1,128 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $40,000 $35 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $715/month

66 Days on Market

Highlights

  • Forced Air Heating System
  • Cresaptown Elementary School Rated 9+
  • Electric Baseboard Heater

About This Home

As of December 2022

Two one bedroom/one bath apartments with all utilities metered separately. Gas heat in the upstairs unit and electric heat in the downstairs unit. Shared laundry facilities available to tenants.

Last Agent to Sell the Property

Dennis White

(301) 707-3799 ucwh01@gmail.com Homes & Land Real Estate License #RM420344 Listed on: 10/01/2022

Last Buyer's Agent

Heather Brailer

(301) 991-2528 heather@carterandroque.com Charis Realty Group License #675324

Charis Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $377

Year Built

  • Built in 1942

Lot Details

  • 6,262 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,128 Sq Ft Home
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0107004044

Community Details

Overview

  • 2 Units
  • 2-Story Building
  • Cresaptown Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$377

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Remarks Public: Two one bedroom/one bath apartments with all utilities metered separately. Gas heat in the upstairs unit and electric heat in the downstairs unit. Shared laundry facilities available to tenants.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1128
  • Living Area Sq Ft: 1128
  • Price Per Sq Ft: 61.17
  • Above Grade Finished Sq Ft: 1128
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14505

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 15200.00
  • Land Assessed Value: 10500.00
  • Land Use Code: R
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6262.00
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: No

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14915285
  • Tax Annual Amount: 377.00
  • Assessor Parcel Number: 0107004044
  • Tax Total Finished Sq Ft: 1128
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/19/2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Dec 19, 2022
Sold by
Deshong Carl A
Bought by
Phillips Todd L
Seller's Agent
Dennis White
Homes & Land Real Estate
Buyer's Agent
Heather Brailer
Charis Realty Group
List Price
$69,000
Sold Price
$40,000
Premium/Discount to List
-$29,000
-42.03%
Views
139
Current Estimated Value
$121,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,397
Avg. Annual Appreciation
48.45%

Purchase Details

Closed on
Nov 16, 2016
Sold by
Deshong Carl and Deshong Velma
Bought by
Deshong Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 1997
Sold by
Bridges Carrie A
Bought by
Deshong Carl A and Deshong Velma J

Purchase Details

Closed on
Jan 24, 1997
Sold by
Lease Jackie K
Bought by
Bridges Carrie A
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
Phillips Todd L $40,000 --
Deshong Carl -- None Available
Deshong Carl A $18,000 --
Bridges Carrie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deshong Carl $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $40,000 -42.0% $35 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $69,000 -- $61 / 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 $832 $62,200 $12,500 $49,700
2024 $832 $56,700 $0 $0
2023 $557 $51,200 $0 $0
2022 $377 $25,700 $10,500 $15,200
2021 $374 $25,700 $10,500 $15,200
2020 $377 $25,700 $10,500 $15,200
2019 $381 $26,000 $10,500 $15,500
2018 $381 $26,000 $10,500 $15,500
2017 $382 $26,000 $0 $0
2016 $426 $29,000 $0 $0
2015 $400 $28,100 $0 $0
2014 $400 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis White

    Seller's Agent in 2022

    Dennis White

    Homes & Land Real Estate

    (301) 707-3799

    3 in this area

    66 Total Sales

    Dennis White
    Section Image
  • Heather Brailer

    Buyer's Agent in 2022

    Heather Brailer

    Charis Realty Group

    (301) 991-2528

    9 in this area

    126 Total Sales

    Heather Brailer
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL2004526

Bright MLS

APN: 07-004044

Maryland Allegany County Cumberland 21502

14505 Cedar St, Cumberland, MD

This home is located at 14505 Cedar St, Cumberland, MD 21502 since 01 October 2022 and is currently estimated at $121,397, approximately $107 per square foot. This property was built in 1942. 14505 Cedar St is a home located in Allegany County with nearby schools including Cresaptown Elementary School, Braddock Middle School, and Allegany High School.

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