$35,750
SOLD AUG 16, 2024

408 Broadway St Cumberland, MD 21502

3 Beds
1 Bath
1,352 Sq Ft
3,001 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

79% Above List Price

14 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Radiator

About This Home

As of August 2024

ONLINE AUCTION: Bidding begins 7/17/2024 @ 10:00 AM. Bidding ends 7/19/2024 @ 11:05 AM. List Price is Suggested Opening Bid. Deposit: $5,000. 2 Story Detached Home located in the Cumberland, MD area of Allegany County. JUST MINUTES to the many attractions of the Downtown Cumberland area. Easy access to major traffic artery US-68 (National Freeway).

Last Agent to Sell the Property

Adam Shpritz

Ashland Auction Group LLC License #RMR004765 Listed on: 07/01/2024

Co-Listed By

Lee Shpritz

Ashland Auction Group LLC

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1918

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Siding

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3,001 Sq Ft Lot
  • Radiator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0122005537

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1918
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE AUCTION: Bidding begins 7/17/2024 @ 10:00 AM. Bidding ends 7/19/2024 @ 11:05 AM. List Price is Suggested Opening Bid. Deposit: $5,000. 2 Story Detached Home located in the Cumberland, MD area of Allegany County. JUST MINUTES to the many attractions of the Downtown Cumberland area. Easy access to major traffic artery US-68 (National Freeway).
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2028
  • Living Area Sq Ft: 1352
  • Price Per Sq Ft: 14.79
  • Above Grade Finished Sq Ft: 1352
  • Below Grade Sq Ft: 676
  • Total Below Grade Sq Ft: 676
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • 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

Utilities

  • Central Air Conditioning: No
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3001.00
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 860.00
  • Assessor Parcel Number: 0122005537
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/16/2024

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 10, 2024
Sold by
Bennett Jason M
Bought by
Rearden Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$20,000
Sold Price
$35,750
Premium/Discount to List
$15,750
78.75%
Total Days on Market
14
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.91%

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 16, 2024
Sold by
Rearden Llc
Bought by
Montanio Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$20,000
Sold Price
$35,750
Premium/Discount to List
$15,750
78.75%
Views
15

Purchase Details

Closed on
May 10, 2019
Sold by
Mayor And City Council Of Cumberland
Bought by
Spiker David Leslie and Spiker Linda Lee

Purchase Details

Closed on
May 31, 2016
Sold by
Arnold Debra K
Bought by
Mayor & City Council Of Cumberland

Purchase Details

Closed on
Jun 25, 2004
Sold by
Sines Robert and Sines Patty
Bought by
Arnold Debra K

Purchase Details

Closed on
Jun 5, 2003
Sold by
Browning Beverly A
Bought by
Sines Robert and Sines Patty
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $15,100 New World Title
Deed $35,750 New World Title
Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Deed $50,310 --
Deed $39,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,950 Stand Alone Second
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $89,999 -10.0% $67 / Sq Ft
07/07/2025 07/07/25 Price Changed $99,999 -16.7% $74 / Sq Ft
06/23/2025 06/23/25 For Sale $119,999 +235.7% $89 / Sq Ft
08/16/2024 08/16/24 Sold $35,750 +78.8% $26 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $20,000 -- $15 / 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
2024 $449 $47,933 $0 $0
2023 $402 $43,200 $2,700 $40,500
2022 $392 $42,233 $0 $0
2021 $386 $41,267 $0 $0
2020 $374 $40,300 $2,700 $37,600
2019 $506 $40,300 $2,700 $37,600
2018 $499 $40,300 $2,700 $37,600
2017 $501 $52,800 $0 $0
2016 $506 $52,800 $0 $0
2015 $529 $52,800 $0 $0
2014 $529 $54,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2009358

Bright MLS

APN: 22-005537