NOT LISTED FOR SALE

30 Ridgeway Terrace Cumberland, MD 21502

Estimated Value: $112,000 - $168,733

-- Bed
3 Baths
2,591 Sq Ft
$56/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $158,000 $61 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $828/month

50 Days on Market

About This Home

As of May 2024

!Back to active - buyers financing fell through at the finish line. FHA and Conv appraisals completed! Wow, wow, wow! Discover this triplex boasting panoramic views and enticing investment potential. The fully rented units include a charming studio, a flexible 1 or 2-bedroom unit with a full bath, and a spacious 2-bedroom/1-bath layout, along with shared amenities like laundry facilities and additional storage. With a new roof and updates throughout each unit this property promises versatility, comfort, and convenience for residents and investors alike. Reach out today!Also for sale is 304 N Waverly Terrace, conveniently located across the street.

Last Agent to Sell the Property

Penni Walker

(571) 302-1337 PenniWalker@PremierMove.com Coldwell Banker Premier Listed on: 02/07/2024

Coldwell Banker Premier

Last Buyer's Agent

Dawn Stahlman

(301) 697-6982 dstahlman535@gmail.com Coldwell Banker Premier

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1911 | Remodeled in 2023

Lot Details

  • 4,340 Sq Ft Lot

Parking

  • On-Street Parking

Property Views

  • City
  • Woods
  • Mountain

Home Design

  • Triplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • West Side Elementary School

Utilities

  • Hot Water Heating System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, management, lawn/shrub care, repairs, snow removal, real estate taxes, water
  • Assessor Parcel Number 0122012452

Community Details

Overview

  • 3 Units
  • East Side Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,146

Year Built

Built in 1911 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: !Back to active - buyers financing fell through at the finish line. FHA and Conv appraisals completed! Wow, wow, wow! Discover this triplex boasting panoramic views and enticing investment potential. The fully rented units include a charming studio, a flexible 1 or 2-bedroom unit with a full bath, and a spacious 2-bedroom/1-bath layout, along with shared amenities like laundry facilities and additional storage. With a new roof and updates throughout each unit this property promises versatility, comfort, and convenience for residents and investors alike. Reach out today! Also for sale is 304 N Waverly Terrace, conveniently located across the street.
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Walkout Level
  • Total Sq Ft: 3235
  • Living Area Sq Ft: 2591
  • Price Per Sq Ft: 85.01
  • Above Grade Finished Sq Ft: 1941
  • Below Grade Finished Sq Ft: 650
  • Below Grade Sq Ft: 644
  • Total Below Grade Sq Ft: 1294
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • View: Mountain, City, Trees/Woods, 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
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Internet Services: Broadband

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • Elementary School: WEST SIDE
  • Elementary School Source: 3rd Party
  • School District Key: 121140562208
  • School District Source: 3rd Party
  • Elementary School: WEST SIDE

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4340.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Insurance, Management, Lawn/Shrub Care, Repairs, Snow Removal, Taxes - Real Estate, Water
  • Total Actual Rent: 26400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1146.00
  • Assessor Parcel Number: 0122012452
  • Tax Total Finished Sq Ft: 2591
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/17/2024

Multi Family

  • Income Includes: Apartment Rentals
  • Single Room Units Count: 1

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
May 15, 2024
Sold by
Cwh Properties Llc
Bought by
Rpv Cumberland Two Llc
Seller's Agent
Penni Walker
Coldwell Banker Premier
Buyer's Agent
Dawn Stahlman
Coldwell Banker Premier
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Views
71
Current Estimated Value
$145,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,317
Avg. Annual Appreciation
-5.88%
Original Mortgage
$507,120
Outstanding Balance
$500,735
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
-$355,052

Purchase Details

Closed on
May 20, 2021
Sold by
Wilson Casey
Bought by
Cwh Properties Llc

Purchase Details

Closed on
Jan 27, 2021
Sold by
Rattell Jeffrey E
Bought by
Wilson Casey

Purchase Details

Closed on
Jun 18, 2007
Sold by
Rattell Jeffrey E and Wark Gregory S
Bought by
Rattell Jeffrey E

Purchase Details

Closed on
Apr 30, 2007
Sold by
Rattell Jeffrey E and Wark Gregory S
Bought by
Rattell Jeffrey E

Purchase Details

Closed on
Jul 18, 2005
Sold by
Roberg Dennis
Bought by
Rattell Jeffrey

Purchase Details

Closed on
Jul 11, 2005
Sold by
Roberg Dennis
Bought by
Rattell Jeffrey

Purchase Details

Closed on
Aug 4, 2004
Sold by
Dobbs Frederick H
Bought by
Roberg Dennis

Purchase Details

Closed on
Jan 4, 1995
Sold by
Davis Richard H and Davis James F
Bought by
Dobbs Frederick H
Source: Public Records

Range of Values:

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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
Rpv Cumberland Two Llc $158,000 None Listed On Document
Rpv Cumberland Two Llc $158,000 None Listed On Document
Cwh Properties Llc -- None Available
Wilson Casey $38,500 None Available
Rattell Jeffrey E $24,500 --
Rattell Jeffrey E $24,500 --
Rattell Jeffrey $48,900 --
Rattell Jeffrey $48,900 --
Roberg Dennis $20,000 --
Dobbs Frederick H $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rpv Cumberland Two Llc $507,120
Closed Rpv Cumberland Two Llc $507,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $158,000 -4.2% $61 / Sq Ft
03/26/2024 03/26/24 Price Changed $165,000 -5.7% $64 / Sq Ft
02/07/2024 02/07/24 For Sale $175,000 -- $68 / 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 $623 $75,467 $0 $0
2024 $623 $66,533 $0 $0
2023 $536 $57,600 $3,900 $53,700
2022 $524 $56,500 $0 $0
2021 $518 $55,400 $0 $0
2020 $575 $54,300 $3,900 $50,400
2019 $468 $50,100 $0 $0
2018 $432 $45,900 $0 $0
2017 $396 $41,700 $0 $0
2016 $400 $41,700 $0 $0
2015 $639 $41,700 $0 $0
2014 $639 $66,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2008166

Bright MLS

APN: 22-012452