NOT LISTED FOR SALE

27 Arch St Cumberland, MD 21502

Estimated Value: $84,000 - $104,000

-- Bed
2 Baths
2,048 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $70,000 $34 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $547/month

111 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Electric Baseboard Heater
  • No HOA

About This Home

As of October 2021

Investment opportunity!!! Newly updated duplex. The bottom unit has two bedrooms, one bathroom, a kitchen, dining room, and living room. There is also an enclosed porch area and rear deck. The unit has a washer and dryer hook-up in the kitchen. The second floor unit has three bedrooms, one bathroom, a living room, kitchen , and laundry room. There is a deck on the front of the unit. Both units have been repainted and have new flooring throughout. The rear yard is fenced and there is parking for one vehicle.

Last Agent to Sell the Property

Donna Langham

(301) 707-9898 dsswvu@gmail.com Coldwell Banker Premier License #641015 Listed on: 05/31/2021

Coldwell Banker Premier

Last Buyer's Agent

Luke Wishmyer

(304) 685-3115 luke@lukewishmyer.com Burch Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1925

Lot Details

  • 3,800 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Gas Oven or Range
  • Microwave

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Private Parking
  • Unpaved Parking

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 0104040562

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • South End Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$675

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Microwave
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 39.01
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Unpaved
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3800.00
  • Zoning: 2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 675.00
  • Assessor Parcel Number: 0104040562
  • Tax Lot: 216
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 2
  • 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
May 31, 2021
Closed on
Oct 15, 2021
Sold by
Adenike Ayinde
Bought by
Cjs Corner Store Llc
Seller's Agent
Donna Langham
Coldwell Banker Premier
Buyer's Agent
Luke Wishmyer
Burch Real Estate Group, LLC
List Price
$83,500
Sold Price
$70,000
Premium/Discount to List
-$13,500
-16.17%
Current Estimated Value
$94,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,342
Avg. Annual Appreciation
7.44%

Purchase Details

Listed on
Feb 2, 2021
Closed on
Feb 25, 2021
Sold by
Deutsche Bank Trust Company Americas
Bought by
Ayinde Adenike
Seller's Agent
Sherry Price
RealHome Services and Solutions, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$27,500
Sold Price
$28,500
Premium/Discount to List
$1,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
336.27%

Purchase Details

Closed on
Dec 13, 2019
Sold by
Matteo Marilyn
Bought by
Deutsche Bank Trust Company Americas and Resiential Accredit Loans Inc

Purchase Details

Closed on
Feb 16, 2005
Sold by
Kane Francis J and Kane Brenda W
Bought by
Matteo Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1998
Sold by
Whorton Beverly Jean
Bought by
Kane Francis J and Kane Brenda W

Purchase Details

Closed on
Apr 23, 1984
Sold by
Mauzy Jeffrey H
Bought by
Whorton Beverly Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
13.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cjs Corner Store Llc $70,000 New Title Company Name
Ayinde Adenike $28,500 Premium Title Services Inc
Deutsche Bank Trust Company Americas $25,520 None Available
Matteo Marilyn $32,000 --
Kane Francis J $26,900 --
Whorton Beverly Jean $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matteo Marilyn $22,000
Previous Owner Matteo Marilyn $10,000
Previous Owner Whorton Beverly Jean $20,000
Closed Kane Francis J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $70,000 -12.4% $34 / Sq Ft
07/02/2021 07/02/21 Price Changed $79,900 -4.3% $39 / Sq Ft
05/31/2021 05/31/21 For Sale $83,500 +193.0% $41 / Sq Ft
02/26/2021 02/26/21 Sold $28,500 +3.6% $14 / Sq Ft View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $27,500 -- $13 / 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 $612 $66,800 $0 $0
2024 $505 $53,900 $0 $0
2023 $381 $41,000 $3,400 $37,600
2022 $359 $38,667 $0 $0
2021 $340 $36,333 $0 $0
2020 $316 $34,000 $3,400 $30,600
2019 $317 $33,967 $0 $0
2018 $320 $33,933 $0 $0
2017 $312 $33,900 $0 $0
2016 $315 $32,900 $0 $0
2015 $299 $31,900 $0 $0
2014 $299 $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL137164

Bright MLS

APN: 04-040562