NOT LISTED FOR SALE

320 Reservoir Ave Cumberland, MD 21502

Estimated Value: $90,000 - $111,000

2 Beds
1 Bath
910 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $39,000 $43 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $603/month

55 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Limited Views
  • Porch
  • Paneling
  • Living Room

About This Home

As of July 2016

THIS IS CLOSE TO CONSTITUTION PARK & PUBLIC POOL - SCHOOL JUST AROUND THE CORNER - CLOSE TO WMHS & ALLEGANY COLLEGE - EASY ACCESS TO DOWNTOWN - NEWER KIT - NICE SIZE RMS - 50X100 LOT - PRICED BELOW ASSESSED VALUE - OWN THIS ONE CHEAPER THAN RENT

Last Agent to Sell the Property

Dennis Murray

Century 21 Potomac West Listed on: 03/25/2016

Century 21 Potomac West

Last Buyer's Agent

Pam Terry

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1915

Lot Details

  • 5,000 Sq Ft Lot
  • Backs To Open Common Area
  • The property's topography is level

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 910 Sq Ft Home
  • Property has 2 Levels
  • Paneling
  • Living Room
  • Dining Room
  • Limited Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • South Penn Elementary School
  • Washington Middle School
  • Fort Hill High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 0122013920

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1915
  • Remarks Public: THIS IS CLOSE TO CONSTITUTION PARK & PUBLIC POOL - SCHOOL JUST AROUND THE CORNER - CLOSE TO WMHS & ALLEGANY COLLEGE - EASY ACCESS TO DOWNTOWN - NEWER KIT - NICE SIZE RMS - 50X100 LOT - PRICED BELOW ASSESSED VALUE - OWN THIS ONE CHEAPER THAN RENT
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Refrigerator, Stove
  • Interior Amenities: Kitchen - Table Space, Dining Area
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Entry Location: Living Room
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 43.85
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Pool Private: No
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • View: Limited
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • Elementary School: SOUTH PENN
  • Middle School: WASHINGTON
  • High School: FORT HILL
  • School District Key: 121140562208
  • Elementary School: SOUTH PENN
  • High School: FORT HILL
  • Middle Or Junior School: WASHINGTON

Lot Info

  • Improvement Assessed Value: 34300.00
  • Land Assessed Value: 8700.00
  • Lot Features: Backs - Open Common Area
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: LotWidth:50 X LotDepth:100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Topography: Level
  • Year Assessed: 2016
  • Zoning: RESID
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14930988
  • Tax Annual Amount: 883.82
  • Assessor Parcel Number: 0122013920
  • Tax Lot: 17
  • Tax Page Number: 347
  • Tax Total Finished Sq Ft: 910
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 07/14/2016

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 14, 2016
Sold by
Knieriem Daniel and Knieriem Sherry
Bought by
Alkire Sand Valerie
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Pam Terry
EXP Realty, LLC
List Price
$39,903
Sold Price
$39,000
Premium/Discount to List
-$903
-2.26%
Current Estimated Value
$102,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,426
Avg. Annual Appreciation
11.03%
Original Mortgage
$37,000
Outstanding Balance
$29,658
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$71,686

Purchase Details

Listed on
Oct 28, 2013
Closed on
Dec 17, 2013
Sold by
Community Development Administration Of
Bought by
Knieriem Daniel and Knieriem Sherry
Seller's Agent
Daniel Billig
A.J. Billig & Company
Buyer's Agent
Daniel Billig
A.J. Billig & Company
List Price
$10,000
Sold Price
$19,760
Premium/Discount to List
$9,760
97.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.28%

Purchase Details

Closed on
Sep 6, 2012
Sold by
Lowery Arvilla Marie and Lowery Rose Mary
Bought by
Community Development Administration Of

Purchase Details

Closed on
Oct 5, 1995
Sold by
Myers Bessie
Bought by
Lowery Arvilla Marie and Lowery Rose Mary
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
Alkire Sand Valerie $39,000 Attorney
Knieriem Daniel $19,760 None Available
Community Development Administration Of $26,355 None Available
Lowery Arvilla Marie $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkire Sand Valerie $37,000
Closed Lowery Arvilla Marie --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $39,000 -2.3% $43 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $39,903 +101.9% $44 / Sq Ft
12/20/2013 12/20/13 Sold $19,760 +97.6% $22 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $10,000 -- $11 / 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 $552 $67,167 $0 $0
2024 $552 $58,933 $0 $0
2023 $472 $50,700 $8,700 $42,000
2022 $1,041 $49,667 $0 $0
2021 $455 $48,633 $0 $0
2020 $442 $47,600 $8,700 $38,900
2019 $430 $46,067 $0 $0
2018 $423 $44,533 $0 $0
2017 $406 $43,000 $0 $0
2016 $412 $43,000 $0 $0
2015 $440 $43,000 $0 $0
2014 $440 $45,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003918713

Bright MLS

APN: 22-013920