NOT LISTED FOR SALE

214 S Central Ave Cumberland, MD 21502

Estimated Value: $79,000 - $123,000

-- Bed
4 Baths
2,052 Sq Ft
$48/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $85,000 $41 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $580/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Radiator

About This Home

As of July 2023

Good investment! Fully occupied 3 units with gross rent of $1,950 per month. Owners pay heat and water. One bedroom and 2 efficiencies included. 24 hour notice for showings.

Last Agent to Sell the Property

Stephen MacGray

Charis Realty Group License #652984 Listed on: 06/12/2023

Charis Realty Group

Last Buyer's Agent

Jeremy Rice

Better Homes & Gardens Real Estate Old Line Group License #5010595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1915

Lot Details

  • 2,100 Sq Ft Lot
  • Property is in average condition

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Plaster Walls
  • Composition Roof

Flooring

  • Wood
  • Vinyl

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for heat, water, sewer
  • Assessor Parcel Number 0122009427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$855

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-06-14
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Vinyl
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Permanent
  • Total Sq Ft: 3078
  • Living Area Sq Ft: 2052
  • Price Per Sq Ft: 48.73
  • Above Grade Finished Sq Ft: 2052
  • Below Grade Sq Ft: 1026
  • Total Below Grade Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 214

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2100.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Owner Pays: Heat, Water, Sewer
  • Total Actual Rent: 23400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 855.00
  • Assessor Parcel Number: 0122009427
  • Tax Total Finished Sq Ft: 2052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/28/2023

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 15, 2023
Sold by
Hildreth Gregory B and Hildreth Meghan E
Bought by
Rio State Llc
Seller's Agent
Stephen MacGray
Charis Realty Group
Buyer's Agent
Jeremy Rice
Better Homes & Gardens Real Estate Old Line Group
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Views
205
Current Estimated Value
$98,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,623
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
Jan 28, 2015
Closed on
May 22, 2015
Sold by
Marriott Michael A
Bought by
Hildreth Gregory B and Hildreth Meghan E
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Stephen MacGray
Charis Realty Group
List Price
$34,900
Sold Price
$27,000
Premium/Discount to List
-$7,900
-22.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Original Mortgage
$20,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2011
Sold by
Tabick Bonnie
Bought by
Marriott Michael A
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
Rio State Llc $85,000 None Listed On Document
Hildreth Gregory B $27,000 None Available
Marriott Michael A $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hildreth Gregory B $20,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $85,000 -15.0% $41 / Sq Ft
06/12/2023 06/12/23 For Sale $100,000 +270.4% $49 / Sq Ft
05/22/2015 05/22/15 Sold $27,000 -22.6% $13 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $34,900 -- $17 / 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 $515 $64,067 $0 $0
2024 $515 $54,933 $0 $0
2023 $426 $45,800 $1,800 $44,000
2022 $399 $43,000 $0 $0
2021 $376 $40,200 $0 $0
2020 $347 $37,400 $1,800 $35,600
2019 $322 $34,433 $0 $0
2018 $299 $31,467 $0 $0
2017 $269 $28,500 $0 $0
2016 $273 $28,500 $0 $0
2015 $334 $35,533 $0 $0
2014 $334 $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen MacGray

    Seller's Agent in 2023

    Stephen MacGray

    Charis Realty Group

    (301) 707-8888

    353 Total Sales

    Stephen MacGray
    Section Image

  • J

    Buyer's Agent in 2023

    Jeremy Rice

    Better Homes & Gardens Real Estate Old Line Group

    (301) 697-0106

    117 Total Sales

    Jeremy Rice
    Section Image
  • Dennis Murray

    Seller's Agent in 2015

    Dennis Murray

    Century 21 Potomac West

    (240) 580-0379

    276 Total Sales

    Dennis Murray
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL2006278

Bright MLS

APN: 22-009427

Maryland Allegany County Cumberland 21502

214 S Central Ave, Cumberland, MD

This home is located at 214 S Central Ave, Cumberland, MD 21502 since 12 June 2023 and is currently estimated at $98,623, approximately $48 per square foot. This property was built in 1915. 214 S Central Ave is a home located in Allegany County with nearby schools including West Side Elementary School, Braddock Middle School, and Allegany High School.

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