NOT LISTED FOR SALE

22 N Chase St Cumberland, MD 21502

Estimated Value: $99,000 - $112,000

-- Bed
2 Baths
2,592 Sq Ft
$40/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $93,433 $36 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $617/month

45 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Wood Flooring
  • Porch
  • Traditional Floor Plan
  • 1 Fireplace
  • Storm Windows

About This Home

As of May 2024

Investment Time!!!!!!Two 3-bedroom rental unit Duplex with a nice size front porch and rear deck.Key Features:Prime Location: Nestled just off Historic Washington Street, this duplex enjoys the allure of a historic neighborhood while being within walking distance to the soon-to-be revitalized Baltimore street with both old and new shops, cafes, and amenities.Central air conditioning, providing residents with year-round comfort and climate control.Two identical 3-bedroom units, each residence boasts ample space for comfortable living and nice sized bedrooms. Durable Construction of brick exterior and a resilient rubber roof, this property is built to withstand the test of time, minimizing maintenance concerns for its fortunate owner.Investment Potential:With a reliable long-term month-to-month tenant already in place at 22 North Chase, this property presents a lucrative opportunity for investors seeking immediate rental income. Take advantage of the thriving rental market and the anticipated growth in the area to maximize your return on investment.

Last Agent to Sell the Property

David Riddle Jr.

(301) 697-1658 driddle76@yahoo.com Charis Realty Group License #WVS210301554 Listed on: 03/22/2024

Charis Realty Group

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1910

Lot Details

  • 4,332 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Side-by-Side
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • Primary bedroom faces the bay
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Basement
  • Connecting Stairway
  • Storm Windows
  • Stove

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Porch

Schools

  • West Side Elementary School
  • Braddock Middle School
  • Allegany High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 0106047114

Community Details

Overview

  • 2 Units
  • West Side Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,403

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2024-03-26
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment Time!!!!!! Two 3-bedroom rental unit Duplex with a nice size front porch and rear deck. Key Features: Prime Location: Nestled just off Historic Washington Street, this duplex enjoys the allure of a historic neighborhood while being within walking distance to the soon-to-be revitalized Baltimore street with both old and new shops, cafes, and amenities. Central air conditioning, providing residents with year-round comfort and climate control. Two identical 3-bedroom units, each residence boasts ample space for comfortable living and nice sized bedrooms. Durable Construction of brick exterior and a resilient rubber roof, this property is built to withstand the test of time, minimizing maintenance concerns for its fortunate owner. Investment Potential: With a reliable long-term month-to-month tenant already in place at 22 North Chase, this property presents a lucrative opportunity for investors seeking immediate rental income. Take advantage of the thriving rental market and the anticipated growth in the area to maximize your return on investment.
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Stove
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Floor Plan - Traditional, Primary Bedroom - Bay Front, Wood Floors, Ceiling Fan(s)
  • Window Features: Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 3924
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 34.34
  • Above Grade Finished Sq Ft: 2592
  • Below Grade Sq Ft: 1332
  • Total Below Grade Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22 - 24

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Rubber
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable, Fixed Wireless, Satellite

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • Elementary School: WEST SIDE
  • Middle School: BRADDOCK
  • High School: ALLEGANY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140562208
  • School District Source: 3rd Party
  • Elementary School: WEST SIDE
  • High School: ALLEGANY
  • Middle Or Junior School: BRADDOCK

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4332.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Total Actual Rent: 650.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1403.00
  • Assessor Parcel Number: 0106047114
  • Tax Total Finished Sq Ft: 2592
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 05/09/2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 9, 2024
Sold by
Wade Douglas and Wade Jo A
Bought by
Habitat For Cumberland Llc
Seller's Agent
David Riddle Jr.
Charis Realty Group
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$89,000
Sold Price
$93,433
Premium/Discount to List
$4,433
4.98%
Views
158
Current Estimated Value
$104,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,292
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jan 10, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wade Douglas and Wade Jo

Purchase Details

Closed on
Jun 25, 2002
Sold by
Sloan Susan G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 2, 1995
Sold by
Hosfelt James E
Bought by
Sloan Susan G
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
Habitat For Cumberland Llc $93,433 None Listed On Document
Wade Douglas $48,000 --
Federal Home Loan Mortgage Corporation $54,900 --
Sloan Susan G $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sloan Susan G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $93,433 +5.0% $36 / Sq Ft
05/08/2024 05/08/24 Off Market $89,000 -- --
05/06/2024 05/06/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $89,000 0.0% $34 / Sq Ft
05/03/2024 05/03/24 For Sale $89,000 +8.5% $34 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $82,000 -- $32 / 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 $729 $85,233 $0 $0
2024 $729 $77,867 $0 $0
2023 $656 $70,500 $7,500 $63,000
2022 $731 $68,967 $0 $0
2021 $631 $67,433 $0 $0
2020 $612 $65,900 $7,500 $58,400
2019 $610 $65,900 $7,500 $58,400
2018 $621 $65,900 $7,500 $58,400
2017 $625 $65,900 $0 $0
2016 $632 $65,900 $0 $0
2015 $637 $65,900 $0 $0
2014 $637 $65,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2008498

Bright MLS

APN: 06-047114