R
Seller's Agent in 2021
Ramnik Gates
Gates Realty
(301) 697-4590
10 Total Sales
340 Reservoir Ave Cumberland, MD 21502
Estimated Value: $115,000 - $131,000
2
Beds
1.5
Baths
1,064
Sq Ft
$118/Sq Ft
Est. Value
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 2021This 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
(240) 580-8494 nik@gates-realty.com Gates Realty Listed on: 10/25/2020
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
- Heating System Uses Natural Gas
- 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2020
Closed on
Jan 15, 2021
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,835
Avg. Annual Appreciation
4.98%
Original Mortgage
$77,120
Outstanding Balance
$68,696
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$56,539
Purchase Details
Closed on
Mar 31, 2006
Sold by
Bought by
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
Bought by
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
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $96,400 | None Available | ||
| $93,000 | -- | ||
| $93,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $77,120 | ||
| Previous Owner | $88,350 | ||
| Previous Owner | $88,350 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $947 | $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
-
Ramnik Gates
-
Gina Kenny
G
Buyer's Agent in 2021
Gina Kenny
Long & Foster
(240) 520-0976
32 Total Sales
Map
Source: Bright MLS
MLS Number: MDAL135644
APN: 22-009540
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