NOT LISTED FOR SALE

156 Spring St Frostburg, MD 21532

Estimated Value: $93,000 - $140,000

4 Beds
2 Baths
1,686 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $75,000 $44 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $719/month

132 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Porch
  • Beall Elementary School Rated 9+
  • Additional Land
  • Combination Kitchen and Dining Room

About This Home

As of March 2023

Very spacious 4 Bedroom 2 Bath home in Frostburg. Attention Investors and families. This property could be purchased as your own residence or as a great investment opportunity for renting to either a single family or each bedroom could be rented as student housing with potential for $2200 per semester x4-5. Currently being leased at a rate of $1,000.00 a month. Tennant pays all utilities. Extra large lot with plenty of off street parking. Please schedule all showings. Occupied. All appointments must be made with a 24 hr notice. Very convenient distance to downtown shopping and restaurants and to Frostburg State University Motivated seller. Will entertain all offers.

Last Agent to Sell the Property

Lisa Farris

Long & Foster Real Estate, Inc. License #Rsr000970 Listed on: 10/11/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brianna Buckel

The Goodfellow Agency License #5002829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1925

Lot Details

  • 0.43 Acre Lot
  • Additional Land
  • Property is in average condition
  • Property is zoned R2-A

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

Partially Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Parking

  • Paved Parking
  • Parking Lot
  • Parking Space Conveys

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0112007671

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,439

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Very spacious 4 Bedroom 2 Bath home in Frostburg. Attention Investors and families. This property could be purchased as your own residence or as a great investment opportunity for renting to either a single family or each bedroom could be rented as student housing with potential for $2200 per semester x4-5. Currently being leased at a rate of $1,000.00 a month. Tennant pays all utilities. Extra large lot with plenty of off street parking. Please schedule all showings. Occupied. All appointments must be made with a 24 hr notice. Very convenient distance to downtown shopping and restaurants and to Frostburg State University Motivated seller. Will entertain all offers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Connecting Stairway
  • Total Sq Ft: 2696
  • Living Area Sq Ft: 1686
  • Price Per Sq Ft: 59.18
  • Above Grade Finished Sq Ft: 1504
  • Below Grade Finished Sq Ft: 182
  • Below Grade Sq Ft: 1010
  • Total Below Grade Sq Ft: 1192
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 156

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

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
  • Parking Features: Paved Parking, Parking Space Conveys
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 67800.00
  • Land Assessed Value: 22600.00
  • Land Use Code: R
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18718.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: R2-A
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14923157
  • Tax Annual Amount: 1439.00
  • Assessor Parcel Number: 0112007671
  • Tax Total Finished Sq Ft: 1686
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/27/2023

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Mar 27, 2023
Sold by
Rubin Joel
Bought by
Stafford Stacia and Stafford Matthew
Seller's Agent
Lisa Farris
Long & Foster Real Estate, Inc.
Buyer's Agent
Brianna Buckel
The Goodfellow Agency
List Price
$99,500
Sold Price
$75,000
Premium/Discount to List
-$24,500
-24.62%
Views
242
Current Estimated Value
$117,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,418
Avg. Annual Appreciation
20.72%
Original Mortgage
$56,250
Outstanding Balance
$54,717
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$62,701

Purchase Details

Closed on
Nov 4, 2019
Sold by
Hayes Kelley Fitzgerald and Hayes Christopher M
Bought by
Rubin Joel and Rubin Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2006
Sold by
Bj 156 Llc
Bought by
Hayes Christopher M and Fitzgerald Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 30, 2006
Sold by
Bj 156 Llc
Bought by
Hayes Christopher M and Fitzgerald Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1999
Sold by
Covell Robert N and Covell Emmy L
Bought by
Bj 156 Llc
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
Stafford Stacia $75,000 None Listed On Document
Rubin Joel $65,000 None Available
Hayes Christopher M $80,000 --
Hayes Christopher M $80,000 --
Bj 156 Llc $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stafford Stacia $56,250
Previous Owner Rubin Joel $48,750
Previous Owner Hayes Christopher M $16,000
Previous Owner Hayes Christopher M $56,000
Previous Owner Hayes Christopher M $56,000
Closed Bj 156 Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $75,000 -16.6% $44 / Sq Ft
11/29/2022 11/29/22 Price Changed $89,900 -9.6% $53 / Sq Ft
10/11/2022 10/11/22 For Sale $99,500 -- $59 / 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 $911 $90,400 $22,600 $67,800
2024 $911 $88,300 $0 $0
2023 $871 $86,200 $0 $0
2022 $589 $84,100 $22,600 $61,500
2021 $856 $84,100 $22,600 $61,500
2020 $825 $84,100 $22,600 $61,500
2019 $928 $93,800 $22,300 $71,500
2018 $903 $90,000 $0 $0
2017 $857 $86,200 $0 $0
2016 $802 $82,400 $0 $0
2015 $757 $79,833 $0 $0
2014 $757 $77,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004594

Bright MLS

APN: 12-007671