NOT LISTED FOR SALE

40 E Elder St Cumberland, MD 21502

Estimated Value: $125,243 - $136,000

3 Beds
1 Bath
1,248 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $101,000 $81 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $759/month

24 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Well maintained brick home in quiet neighborhood. This sale includes two extra lots, providing plenty of level yard space. Original wood trim and floors, throughout. Many updates, to include replacement windows, roof, furnace, new gutters, and granite countertops. Large shed holds riding lawn mower that conveys with sale. The charming flower beds around the property, will make this home a pleasant place to spend your days. The large yard is perfect for children to play, or maybe a pool, or additional structures. All conveying appliances, including lawn mower, are as-is.

Last Agent to Sell the Property

Pam McCusker

(540) 969-8384 pamwayne@verizon.net Century 21 Potomac West License #308897 Listed on: 10/29/2020

Century 21 Potomac West

Last Buyer's Agent

Catherine Burke

(240) 313-8108 catherinesellsmd@gmail.com Move4Free Realty, LLC License #SP200205553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Two additional parcels convey with sale. .29 acres. Total square footage is 12,500.

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • Electric Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Humbird Addition Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 0104026985

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 80.05
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

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: No
  • Type Of Parking: On Street, Alley

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • 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 Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Two additional parcels convey with sale. .29 acres. Total square footage is 12,500.
  • Improvement Assessed Value: 62900.00
  • Land Assessed Value: 8700.00
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14906609
  • Tax Annual Amount: 1426.00
  • Assessor Parcel Number: 0104026985
  • Tax Lot: 99
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 28, 2020
Sold by
Lewis Laura J and Lewis Alan T
Bought by
Gardner Ashlyn M
Seller's Agent
Pam McCusker
Century 21 Potomac West
Buyer's Agent
Catherine Burke
Move4Free Realty, LLC
List Price
$99,900
Sold Price
$101,000
Premium/Discount to List
$1,100
1.1%
Current Estimated Value
$130,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,061
Avg. Annual Appreciation
5.19%
Original Mortgage
$99,170
Outstanding Balance
$88,510
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$41,551

Purchase Details

Closed on
Jul 14, 2006
Sold by
Lewis Alonzo J
Bought by
Lewis Laura J and Lewis Alan

Purchase Details

Closed on
Jun 28, 2006
Sold by
Lewis Alonzo J
Bought by
Lewis Laura J and Lewis Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gardner Ashlyn M $101,000 None Available
Lewis Laura J -- --
Lewis Laura J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Ashlyn M $99,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $101,000 +1.1% $81 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $99,900 -- $80 / 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 $921 $100,500 $0 $0
2024 $861 $91,900 $0 $0
2023 $775 $83,300 $10,000 $73,300
2022 $737 $79,400 $0 $0
2021 $706 $75,500 $0 $0
2020 $665 $71,600 $8,700 $62,900
2019 $669 $71,567 $0 $0
2018 $680 $71,533 $0 $0
2017 $678 $71,500 $0 $0
2016 -- $71,500 $0 $0
2015 -- $71,500 $0 $0
2014 -- $75,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL135682

Bright MLS

APN: 04-026985