D
Seller's Agent in 2023
Denise Delawder
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 781-7339
46 Total Sales
201 Spring St Cumberland, MD 21502
Estimated Value: $122,000 - $165,343
--
Bed
3
Baths
2,668
Sq Ft
$55/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Wood Flooring
- Double Pane Windows
- City View
- Corner Lot
- Paneling
About This Home
As of June 2023Contract fell through- Now is your chance ****Investors- dont miss this investment opprotunity- 2 very large 3-4 bedroom UNITS that are separate metered- builing is freshly painted and shows well.
Unit A is a three bedroom one bath unit on bottom floor that leads to fenced yard and street side parking.
Unit B is a 4 bedroom 2 full bath unit. located on 2nd and 3rd floor. 3rd floor is like an inlaw apartment with own kitchen and bath. Possible to convert unit B the 4 bedroom unit into 2 units with Modification per the county. Currently only bottom floor unit is vacant and can show anytime. unit 2 will need 24 hours notice as is a new tenant. Long term tenant in unit A recently moved out of state. Nice location , near shopping and in new development area of Cumberland. Exterior of building is all brick, and has a metal roof, fenced yard and convenient to shopping that is in walking distance. Owner just freshly painted the exterior of this large all brick building. other houses in immedate area are being renovated. Unit B rents 1050.00 per month and we are asking 875.00 for unit A that is about $1925.00 gross monthly rental income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,283
Year Built
- Built in 1900 | Remodeled in 2006
Lot Details
- 3,375 Sq Ft Lot
- Corner Lot
- Level Lot
- Property is in good condition
Parking
- On-Street Parking
Property Views
- City
- Mountain
Home Design
- Duplex
- Brick Exterior Construction
- Plaster Walls
- Metal Roof
Interior Spaces
- 2,668 Sq Ft Home
- Paneling
- Double Pane Windows
Kitchen
- Second Kitchen
- Stove
Flooring
- Wood
- Laminate
- Vinyl
Utilities
- Forced Air Heating System
- Space Heater
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for water
- Tax Lot 57-58
- Assessor Parcel Number 0104018567
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- 2 Vacant Units
- Income includes apartment rentals
- Gross Income $20,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2006
Sold by
Bittinger Douglas and Bittinger Lisa R
Bought by
Im Ada
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Outstanding Balance
$68,114
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,451
Purchase Details
Closed on
Jul 28, 2006
Sold by
Bittinger Douglas and Bittinger Lisa R
Bought by
Im Ada
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Outstanding Balance
$68,114
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,451
Purchase Details
Closed on
Nov 30, 2004
Sold by
Gaus Van E
Bought by
Bittinger Dougla
Purchase Details
Closed on
Jun 24, 2002
Sold by
Anderson Realty Management Inc
Bought by
Gaus Van E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Im Ada | $138,000 | -- | |
| Im Ada | $138,000 | -- | |
| Bittinger Dougla | $75,000 | -- | |
| Gaus Van E | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Im Ada | $110,400 | |
| Closed | Im Ada | $110,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $131,000 | -3.7% | $49 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $136,000 | 0.0% | $51 / Sq Ft |
| 03/25/2023 03/25/23 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | Price Changed | $136,000 | -1.4% | $51 / Sq Ft |
| 07/01/2022 07/01/22 | For Sale | $138,000 | -- | $52 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $766 | $81,733 | $0 | $0 |
| 2023 | $612 | $65,800 | $3,000 | $62,800 |
| 2022 | $599 | $64,533 | $0 | $0 |
| 2021 | $592 | $63,267 | $0 | $0 |
| 2020 | $576 | $62,000 | $3,000 | $59,000 |
| 2019 | $579 | $61,967 | $0 | $0 |
| 2018 | $589 | $61,933 | $0 | $0 |
| 2017 | $585 | $61,900 | $0 | $0 |
| 2016 | $574 | $59,933 | $0 | $0 |
| 2015 | $541 | $57,967 | $0 | $0 |
| 2014 | $541 | $56,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Delawder
-
Candy Hutslar
C
Seller Co-Listing Agent in 2023
Candy Hutslar
Charis Realty Group
(410) 984-1019
43 Total Sales
-
Jason Wade
Buyer's Agent in 2023
Jason Wade
Charis Realty Group
(202) 409-6788
20 Total Sales
Map
Source: Bright MLS
MLS Number: MDAL2003568
APN: 04-018567
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