$57,500
SOLD OCT 27, 2020

229 Pear St Cumberland, MD 21502

-- Bed
-- Bath
1,400 Sq Ft
1,729 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

12% Below List Price

205 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Attic
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of November 2024

Great investment opportunity with both sides currently being rented between 500-550 a month. Tenants pay their own utilities. Hardwood floors and some updates. Each side has 3 bedrooms and 2 baths.

Last Agent to Sell the Property

Sharon Murray

Coldwell Banker Home Town Realty Listed on: 12/28/2019

Coldwell Banker Home Town Realty

Last Buyer's Agent

Pam Terry

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $761

Year Built

  • Built in 1900

Lot Details

  • 1,729 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Side-by-Side
  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Carpet

Basement

  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 0105027268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$761

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity with both sides currently being rented between 500-550 a month. Tenants pay their own utilities. Hardwood floors and some updates. Each side has 3 bedrooms and 2 baths.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Dining Area, Attic, Kitchen - Eat-In
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 46.43
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229-231

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • View: Street
  • 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
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 35200.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1729.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Owner Pays: All Utilities
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910808
  • Tax Annual Amount: 761.00
  • Assessor Parcel Number: 0105027268
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/27/2020

Multi Family

  • 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
Oct 25, 2023
Closed on
Oct 29, 2024
Sold by
Orchid Llc
Bought by
Wu Ye and Sun Wanjie
Seller's Agent
Pam Terry
EXP Realty, LLC
Buyer's Agent
Jeremy Rice
Better Homes & Gardens Real Estate Old Line Group
List Price
$162,000
Sold Price
$145,000
Premium/Discount to List
-$17,000
-10.49%
Views
632
Current Estimated Value
$155,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,680
Avg. Annual Appreciation
10.23%
Original Mortgage
$108,750
Outstanding Balance
$105,234
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$50,446

Purchase Details

Closed on
Sep 20, 2021
Sold by
Baskerville Thomas E
Bought by
Orchid Llc

Purchase Details

Listed on
Dec 28, 2019
Closed on
Oct 29, 2020
Sold by
Beavers Steven W and Beavers Diane J
Bought by
Baskerville Thomas E
Seller's Agent
Sharon Murray
Coldwell Banker Home Town Realty
Buyer's Agent
Pam Terry
EXP Realty, LLC
List Price
$65,000
Sold Price
$57,500
Premium/Discount to List
-$7,500
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%
Original Mortgage
$46,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1996
Sold by
Digman George M and Digman Nellie K
Bought by
Beavers Steven W and Beavers Diane J

Purchase Details

Closed on
Nov 15, 1984
Sold by
Walker Louise S
Bought by
Digman George M-Nellie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,600
Interest Rate
13.74%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $145,000 None Listed On Document
Deed $145,000 None Listed On Document
Deed -- None Available
Deed $57,500 None Available
Deed $52,000 --
Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,750 New Conventional
Closed $108,750 New Conventional
Previous Owner $46,000 New Conventional
Previous Owner $25,000 Unknown
Previous Owner $20,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $145,000 -8.2% $52 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $157,900 -2.5% $56 / Sq Ft
07/01/2024 07/01/24 Price Changed $162,000 0.0% $58 / Sq Ft
07/01/2024 07/01/24 For Sale $162,000 +1.3% $58 / Sq Ft
04/19/2024 04/19/24 Off Market $159,900 -- --
04/01/2024 04/01/24 Price Changed $159,900 -5.9% $57 / Sq Ft
03/25/2024 03/25/24 Price Changed $169,900 -5.6% $61 / Sq Ft
02/02/2024 02/02/24 Price Changed $179,900 -2.8% $64 / Sq Ft
01/06/2024 01/06/24 Price Changed $185,000 -1.1% $66 / Sq Ft
01/04/2024 01/04/24 For Sale $187,000 0.0% $67 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $187,000 +225.2% $67 / Sq Ft
10/27/2020 10/27/20 Sold $57,500 -11.5% $41 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
12/28/2019 12/28/19 For Sale $65,000 -- $46 / 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 $802 $113,567 $0 $0
2024 $802 $85,633 $0 $0
2023 $537 $57,700 $2,700 $55,000
2022 $536 $57,700 $2,700 $55,000
2021 $268 $28,700 $1,500 $27,200
2020 $355 $38,200 $3,000 $35,200
2019 $357 $38,200 $3,000 $35,200
2018 $360 $38,200 $3,000 $35,200
2017 $550 $63,200 $0 $0
2016 $556 $58,000 $0 $0
2015 $460 $52,800 $0 $0
2014 $460 $47,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL133412

Bright MLS

APN: 05-027268