NOT LISTED FOR SALE

202 Grand Ave Cumberland, MD 21502

Estimated Value: $113,000 - $152,000

-- Bed
3 Baths
2,196 Sq Ft
$60/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $57,000 $26 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $788/month

48 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of July 2019

Currently a two unit building. One unit is 4BR 2BTH and the other is 1BR 1BTH. Possibility exists for a large single family home.

Last Agent to Sell the Property

Dennis White

Homes & Land Real Estate License #RM420344 Listed on: 02/01/2019

Last Buyer's Agent

Ann Boggs

Coldwell Banker Premier

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1910

Lot Details

  • 4,250 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,196 Sq Ft Home
  • Colonial Architecture

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for sewer, water, trash collection, real estate taxes
  • Tax Lot 121
  • Assessor Parcel Number 0104004833

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: alarm system, ceiling fan(s), dishwasher, exhaust fan, freezer, storm windows
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: Currently a two unit building. One unit is 4BR 2BTH and the other is 1BR 1BTH. Possibility exists for a large single family home.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2196
  • Living Area Sq Ft: 2196
  • Price Per Sq Ft: 27.28
  • Above Grade Finished Sq Ft: 2196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 62200.00
  • Land Assessed Value: 7400.00
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4250.00
  • Year Assessed: 2018
  • Zoning: ZRC
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Sewer, Water, Trash Collection, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 15600.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14904723
  • Tax Annual Amount: 1398.00
  • Assessor Parcel Number: 0104004833
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 2196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/01/2019

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Jul 1, 2019
Sold by
Subedi Ramhari
Bought by
Lease Cassandra K and Lease Richard R
Seller's Agent
Dennis White
Homes & Land Real Estate
Buyer's Agent
Ann Boggs
Coldwell Banker Premier
List Price
$69,000
Sold Price
$57,000
Premium/Discount to List
-$12,000
-17.39%
Current Estimated Value
$132,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,416
Avg. Annual Appreciation
14.66%
Original Mortgage
$55,967
Outstanding Balance
$49,315
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$82,869

Purchase Details

Closed on
Nov 6, 2014
Sold by
Lord Joan M
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Jan 8, 2003
Sold by
Weems Susan
Bought by
Weems Susan and Weems Adrian M

Purchase Details

Closed on
May 24, 2001
Sold by
Vorous James Scott
Bought by
Weems Susan

Purchase Details

Closed on
Apr 29, 1997
Sold by
Miltenberger Frederick W
Bought by
Vorous James Scott
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lease Cassandra K $57,000 None Available
Deutsche Bank Trust Company Americas $56,000 None Available
Weems Susan -- --
Weems Susan -- --
Vorous James Scott $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lease Cassandra K $55,967
Previous Owner Lord Joan $83,520
Closed Vorous James Scott --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $57,000 -4.8% $26 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
02/22/2019 02/22/19 Price Changed $59,900 -13.2% $27 / Sq Ft
02/01/2019 02/01/19 For Sale $69,000 +332.0% $31 / Sq Ft
02/05/2016 02/05/16 Sold $15,974 +8.7% $7 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/15/2016 01/15/16 Price Changed $14,700 -12.0% $7 / Sq Ft
12/15/2015 12/15/15 Price Changed $16,700 -26.4% $8 / Sq Ft
11/21/2015 11/21/15 For Sale $22,700 0.0% $10 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/22/2015 10/22/15 Price Changed $22,700 -30.6% $10 / Sq Ft
09/23/2015 09/23/15 Price Changed $32,700 -23.4% $15 / Sq Ft
08/25/2015 08/25/15 Price Changed $42,700 -10.5% $19 / Sq Ft
07/22/2015 07/22/15 For Sale $47,700 -- $22 / 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 $808 $102,600 $0 $0
2024 $808 $86,200 $0 $0
2023 $649 $69,800 $8,500 $61,300
2022 $647 $69,733 $0 $0
2021 $652 $69,667 $0 $0
2020 $646 $69,600 $7,400 $62,200
2019 $650 $69,600 $7,400 $62,200
2018 $656 $69,600 $7,400 $62,200
2017 $673 $70,900 $0 $0
2016 $679 $70,900 $0 $0
2015 $685 $70,900 $0 $0
2014 $685 $70,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL125942

Bright MLS

APN: 04-004833