NOT LISTED FOR SALE

340 Reservoir Ave Cumberland, MD 21502

Estimated Value: $102,000 - $130,883

2 Beds
1.5 Baths
1,064 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $96,400 $91 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $713/month

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of January 2021

This single-family home has plenty of upgrades and is located in a great neighborhood! The kitchen updates include granite countertops, restored cabinetry, new flooring, along with a KitchenAid stove and refrigerator. Mechanical updates include a new central air conditioning unit installed in the summer of 2020. The heating system is updated with a high-efficiency furnace to keep costs at a minimum. The home also maintains an upgraded electrical system. The beautiful natural hardwood floors can complement the décor of your choice. The partially finished basement provides additional space along with a half bath. Additionally, the exterior is upgraded with a 100-year metal roof installed in 2016 and rain gutters installed in 2018. This home sits on a 5110 square foot parcel that allows for a sizable back yard within the city limits. The location offers excellent access to the interstate as well as city attractions. Yet Constitution Park and Fort Hill High School are just a short walk away. This home is priced to sell! A must-see, do not hesitate to schedule a showing today!

Last Agent to Sell the Property

Ramnik Gates

(301) 697-4590 nik@gates-realty.com Gates Realty Listed on: 10/25/2020

Last Buyer's Agent

Gina Kenny

(240) 520-0976 gmariekenny@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1953

Lot Details

  • 5,110

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 1 Level
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 5,110 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0122009540

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,391

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Clothes Washer & Dryer, Refrigerator, Stove, Basement Cabinets
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: This single-family home has plenty of upgrades and is located in a great neighborhood! The kitchen updates include granite countertops, restored cabinetry, new flooring, along with a KitchenAid stove and refrigerator. Mechanical updates include a new central air conditioning unit installed in the summer of 2020. The heating system is updated with a high-efficiency furnace to keep costs at a minimum. The home also maintains an upgraded electrical system. The beautiful natural hardwood floors can complement the décor of your choice. The partially finished basement provides additional space along with a half bath. Additionally, the exterior is upgraded with a 100-year metal roof installed in 2016 and rain gutters installed in 2018. This home sits on a 5110 square foot parcel that allows for a sizable back yard within the city limits. The location offers excellent access to the interstate as well as city attractions. Yet Constitution Park and Fort Hill High School are just a short walk away. This home is priced to sell! A must-see, do not hesitate to schedule a showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 93.05
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 60900.00
  • Land Assessed Value: 8900.00
  • Land Use Code: 010
  • Lot Size Acres: 0.12
  • Lot Dimensions: 5110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5110.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14930625
  • Tax Annual Amount: 1391.00
  • Assessor Parcel Number: 0122009540
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/15/2021

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Jan 15, 2021
Sold by
Condry Robert S and Condry Crystal K
Bought by
Levine Roy Carter and Levine Carol Ann
Seller's Agent
Ramnik Gates
Gates Realty
Buyer's Agent
Gina Kenny
Long & Foster Real Estate, Inc.
List Price
$99,000
Sold Price
$96,400
Premium/Discount to List
-$2,600
-2.63%
Current Estimated Value
$120,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,071
Avg. Annual Appreciation
4.80%
Original Mortgage
$77,120
Outstanding Balance
$68,696
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$51,775

Purchase Details

Closed on
Mar 31, 2006
Sold by
Robinette W A L
Bought by
Condry Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Robinette W A L
Bought by
Condry Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Levine Roy Carter $96,400 None Available
Condry Robert $93,000 --
Condry Robert $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Roy Carter $77,120
Previous Owner Condry Robert $88,350
Previous Owner Condry Robert $88,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $96,400 -2.6% $91 / Sq Ft
01/02/2021 01/02/21 Price Changed $99,000 0.0% $93 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $99,000 0.0% $93 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/25/2020 10/25/20 For Sale $99,000 -- $93 / 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 $890 $103,300 $0 $0
2024 $890 $95,000 $0 $0
2023 $807 $86,700 $8,900 $77,800
2022 $752 $81,067 $0 $0
2021 $705 $75,433 $0 $0
2020 $648 $69,800 $8,900 $60,900
2019 $652 $69,800 $8,900 $60,900
2018 $663 $69,800 $8,900 $60,900
2017 $676 $71,300 $0 $0
2016 $341 $71,300 $0 $0
2015 $744 $71,300 $0 $0
2014 $744 $77,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL135644

Bright MLS

APN: 22-009540