NOT LISTED FOR SALE

318 N Mechanic St Cumberland, MD 21502

Estimated Value: $48,000 - $89,000

-- Bed
2 Baths
1,282 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $17,500 $14 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $399/month

172 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Electric Baseboard Heater
  • Cash Valley Elementary School Rated 9+

About This Home

As of April 2024

2 UNIT INVESTMENT PROPERTY. PROPERTY HAS SUSTAINED SOME FIRE DAMAGE AND NEEDS WORK. PROPERTY IS IN THE 500 YEAR FLOOD PLAIN. APPOINTMENT IS REQUIRED TO VIEW THIS PROPERTY. SOLD STRICTLY AS IS WHERE IS. GOOD LOCATION

Last Agent to Sell the Property

Dennis Murray

(240) 580-0379 dmurrayc21@gmail.com Century 21 Potomac West Listed on: 10/16/2023

Century 21 Potomac West

Last Buyer's Agent

Evan Bennett

(301) 876-7471 evanbennettrealtor@gmail.com The Goodfellow Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 1,660 Sq Ft Lot
  • Lot Dimensions are 20x85
  • Backs To Open Common Area
  • Property is in average condition

Home Design

  • Duplex
  • Bi-Level Home
  • Plaster Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,282 Sq Ft Home
  • Wood Flooring
  • Partial Basement
  • Second Kitchen

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0105006058

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: 2 UNIT INVESTMENT PROPERTY. PROPERTY HAS SUSTAINED SOME FIRE DAMAGE AND NEEDS WORK. PROPERTY IS IN THE 500 YEAR FLOOD PLAIN. APPOINTMENT IS REQUIRED TO VIEW THIS PROPERTY. SOLD STRICTLY AS IS WHERE IS. GOOD LOCATION
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: 2nd Kitchen
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1282
  • Living Area Sq Ft: 1282
  • Price Per Sq Ft: 15.60
  • Above Grade Finished Sq Ft: 1282
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 318

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Backs - Open Common Area
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1660.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: Z-RC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 712.00
  • Assessor Parcel Number: 0105006058
  • Tax Total Finished Sq Ft: 1282
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Apr 26, 2024
Sold by
Moore Karen J
Bought by
Mullan & Mullan Llc
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Evan Bennett
The Goodfellow Agency
List Price
$20,000
Sold Price
$17,500
Premium/Discount to List
-$2,500
-12.5%
Views
395
Current Estimated Value
$69,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,971
Avg. Annual Appreciation
157.11%

Purchase Details

Closed on
Sep 4, 1997
Sold by
Counihan Thomas
Bought by
Moore William L and Moore Karen J
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
Mullan & Mullan Llc $17,500 None Listed On Document
Mullan & Mullan Llc $17,500 None Listed On Document
Moore William L $14,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $17,500 -12.5% $14 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $20,000 0.0% $16 / Sq Ft
03/25/2024 03/25/24 For Sale $20,000 -63.6% $16 / Sq Ft
02/12/2024 02/12/24 Off Market $54,900 -- --
10/16/2023 10/16/23 For Sale $54,900 -- $43 / 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 $370 $43,200 $0 $0
2024 $370 $39,500 $0 $0
2023 $333 $35,800 $6,000 $29,800
2022 $315 $33,933 $0 $0
2021 $300 $32,067 $0 $0
2020 $280 $30,200 $6,000 $24,200
2019 $282 $30,167 $0 $0
2018 $286 $30,133 $0 $0
2017 $284 $30,100 $0 $0
2016 $280 $29,200 $0 $0
2015 $265 $28,300 $0 $0
2014 $265 $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Murray

    Seller's Agent in 2024

    Dennis Murray

    Century 21 Potomac West

    (240) 580-0379

    264 Total Sales

    Dennis Murray
    Section Image
  • Evan Bennett

    Buyer's Agent in 2024

    Evan Bennett

    The Goodfellow Agency

    (301) 876-7471

    13 Total Sales

    Evan Bennett
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL2007340

Bright MLS

APN: 05-006058

Maryland Allegany County Cumberland 21502

318 N Mechanic St, Cumberland, MD

This home is located at 318 N Mechanic St, Cumberland, MD 21502 since 16 October 2023 and is currently estimated at $69,471, approximately $54 per square foot. This property was built in 1880. 318 N Mechanic St is a home located in Allegany County with nearby schools including Cash Valley Elementary School, Braddock Middle School, and Allegany High School.

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