NOT LISTED FOR SALE

228 Centre-Bow St Cumberland, MD 21502

-- Bed
-- Bath
8,324 Sq Ft
2,100 Sq Ft Lot

Last Sold May 23, 2016

Last sale price $90,000 $11 Per Sq Ft

2,048 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Walk-Up Access
  • Cash Valley Elementary School Rated 9+
  • Heating System Uses Steam
  • Radiator

About This Home

As of May 2016

Originally built for current use & continuously occupied as same since construction - six ample sized 2 bedroom units and two commercial storefronts - boiler replaced 5 years ago - seperately metered electric - all units occupied - currently month to month, but leases possible - tax credits/grants possible - 2c garage and 4 parking spaces convey on Bow St + ample on street parking - call today!

Last Agent to Sell the Property

Mark Van Tyne

Julian Agency Real Estate License #59740 Listed on: 09/30/2010

Last Buyer's Agent

Mark VanTyne

Julian Agency Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 2,100

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Walk-Up Access
  • Rear Basement Entry

Utilities

  • Radiator
  • Heating System Uses Steam
  • Natural Gas Water Heater

Additional Features

  • Fireplace Mantel
  • 2,100 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 0114004386

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $16,148

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1928
  • Remarks Public: Originally built for current use & continuously occupied as same since construction - six ample sized 2 bedroom units and two commercial storefronts - boiler replaced 5 years ago - seperately metered electric - all units occupied - currently month to month, but leases possible - tax credits/grants possible - 2c garage and 4 parking spaces convey on Bow St + ample on street parking - call today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Mantel(s)
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Unfinished, Walkout Stairs
  • Price Per Sq Ft: 14.42
  • Street Number Modifier: 228

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 200000.00
  • Land Assessed Value: 11400.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2100.00
  • Possible Use: Commercial, Residential
  • Year Assessed: 2009
  • Zoning: B-CBD
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14925153
  • Tax Annual Amount: 3598.40
  • Assessor Parcel Number: 0114004386
  • Tax Lot: 18
  • Tax Page Number: 194
  • Tax Total Finished Sq Ft: 8324
  • Tax Year: 2008
  • Close Date: 05/23/2016

Multi Family

  • Gross Income: 32400.00
  • Metering: Electric Separate
  • Operating Expense: 16148.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $90,000 -60.0% $11 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
09/30/2010 09/30/10 For Sale $225,000 -- $27 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005034642

Bright MLS