NOT LISTED FOR SALE

167 Spring St Frostburg, MD 21532

Estimated Value: $142,000 - $216,000

-- Bed
2 Baths
2,088 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $155,000 $74 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,019/month

44 Days on Market

Highlights

  • City View
  • Tile or Brick Flooring
  • Electric Baseboard Heater
  • Beall Elementary School Rated 9+
  • Ceiling Fan

About This Home

As of October 2023

INVESTOR ALERT! This duplex features 6 bedrooms / 2 full baths and has amazing mountain views! Each unit has a nice open floorplan, ceramic tile countertops and both units have a stove, refrigerator, dishwasher, washer and dryer, which will convey with the sale of the property. Ceiling fans throughout the each unit. Electric is metered separately! HUGE back yard. Rear steps which go to the upper unit. Off street parking! Close proximity to Frostburg State University, Downtown Frostburg, Food, Shopping and I 68 going East or
West! This property has been very well maintained! Call today to schedule a tour! 24 hour minimum notice. Tenant occupied! Property is registerd and has lead certificates! Priced to sell!

Last Agent to Sell the Property

Pam Terry

EXP Realty, LLC Listed on: 07/23/2023

EXP Realty, LLC

Last Buyer's Agent

Jaime Gamber

EXP Realty, LLC License #5009216

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 1925

Lot Details

  • 9,656 Sq Ft Lot
  • Property is in good condition

Property Views

  • City
  • Mountain

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 3 Driveway Spaces
  • 3 Off-Street Spaces
  • On-Street Parking

Utilities

  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0112007264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,835

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Refrigerator, Oven/Range - Electric, Washer
  • Flooring Type: Carpet, Tile/Brick
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Total Sq Ft: 3132
  • Living Area Sq Ft: 2088
  • Price Per Sq Ft: 85.20
  • Above Grade Finished Sq Ft: 2088
  • Below Grade Sq Ft: 1044
  • Total Below Grade Sq Ft: 1044
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 167

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Composite
  • Spa: No
  • View: City, Mountain, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9656.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R2-A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1835.00
  • Assessor Parcel Number: 0112007264
  • Tax Total Finished Sq Ft: 2088
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/02/2023

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Oct 2, 2023
Sold by
Ponick Terrence L and Ponick Frances S
Bought by
Damon Revoe
Seller's Agent
Pam Terry
EXP Realty, LLC
Buyer's Agent
Jaime Gamber
EXP Realty, LLC
List Price
$177,900
Sold Price
$155,000
Premium/Discount to List
-$22,900
-12.87%
Views
62
Current Estimated Value
$166,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,643
Avg. Annual Appreciation
9.27%
Original Mortgage
$116,250
Outstanding Balance
$114,175
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$68,596

Purchase Details

Closed on
Apr 30, 2007
Sold by
Atkinson Patrick J
Bought by
Ponick Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 26, 2007
Sold by
Atkinson Patrick J
Bought by
Ponick Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 21, 2004
Sold by
Stewart Susan K and Atkinson Patrick
Bought by
Atkinson Patrick J
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
Damon Revoe $155,000 None Listed On Document
Ponick Terrence $150,000 --
Ponick Terrence $150,000 --
Atkinson Patrick J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damon Revoe $116,250
Previous Owner Ponick Terrence $15,000
Previous Owner Ponick Terrence $120,000
Previous Owner Ponick Terrence $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $155,000 -12.9% $74 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
07/23/2023 07/23/23 For Sale $177,900 -- $85 / 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 $1,281 $132,600 $19,700 $112,900
2024 $1,281 $124,133 $0 $0
2023 $1,168 $115,667 $0 $0
2022 $1,084 $107,200 $19,700 $87,500
2021 $1,091 $107,200 $19,700 $87,500
2020 $1,052 $107,200 $19,700 $87,500
2019 $1,092 $110,400 $19,700 $90,700
2018 $1,108 $110,400 $19,700 $90,700
2017 $1,098 $110,400 $0 $0
2016 $1,226 $126,000 $0 $0
2015 $1,235 $126,000 $0 $0
2014 $1,235 $126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2006664

Bright MLS

APN: 12-007264