NOT LISTED FOR SALE

408 Walnut St Cumberland, MD 21502

Estimated Value: $38,000 - $163,000

1 Bed
1 Bath
2,150 Sq Ft
$35/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $13,750 $6 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $415/month

114 Days on Market

Highlights

  • No HOA
  • Community Pool
  • Heating Available
  • Cash Valley Elementary School Rated 9+

About This Home

As of May 2023

This property will need a full rehab.

Last Agent to Sell the Property

Wilfredo Vazquez

Perry Wellington Realty, LLC License #5006526 Listed on: 01/21/2023

Last Buyer's Agent

Aaron Hendrickson

The Goodfellow Agency License #WVS210301490

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 2,280

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 2,280 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 0105026261

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1908
  • Automatically Close On Close Date: Yes
  • Remarks Public: This property will need a full rehab.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 3225
  • Living Area Sq Ft: 2150
  • Price Per Sq Ft: 8.37
  • Above Grade Finished Sq Ft: 2150
  • Below Grade Sq Ft: 1075
  • Total Below Grade Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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: 25800.00
  • Land Assessed Value: 2000.00
  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2280.00
  • Year Assessed: 2023
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910730
  • Tax Annual Amount: 553.00
  • Assessor Parcel Number: 0105026261
  • Tax Total Finished Sq Ft: 2150
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
May 26, 2023
Sold by
Emipre Fix & Flip Llc
Bought by
Ali Naeem and Maliha Naeem Maliha
Seller's Agent
Wilfredo Vazquez
Perry Wellington Realty, LLC
Buyer's Agent
Aaron Hendrickson
The Goodfellow Agency
List Price
$22,000
Sold Price
$13,750
Premium/Discount to List
-$8,250
-37.5%
Views
360
Current Estimated Value
$74,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,722
Avg. Annual Appreciation
134.97%

Purchase Details

Listed on
Oct 5, 2021
Closed on
Oct 18, 2021
Sold by
Carrigan Lisa Marie
Bought by
Hamidullah Zabihullah
Seller's Agent
Eric Exline
Roger Fairbourn Real Estate
Buyer's Agent
Eric Exline
Roger Fairbourn Real Estate
List Price
$13,900
Sold Price
$10,000
Premium/Discount to List
-$3,900
-28.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.87%

Purchase Details

Closed on
Jan 31, 2020
Sold by
Odell Roy Inc
Bought by
Carrigan Lisa Marie

Purchase Details

Closed on
Oct 3, 2014
Sold by
Beal Bank S S B
Bought by
Odell Roy Inc

Purchase Details

Closed on
Jun 9, 2014
Sold by
Musgrove Charles and Musgrove Judy
Bought by
Beal Bank Ssb

Purchase Details

Closed on
Sep 15, 1998
Sold by
Nixon Earl and Nixon Joyce
Bought by
Musgrove Charles and Musgrove Judy

Purchase Details

Closed on
Apr 4, 1989
Sold by
Boyd John-Beulah V
Bought by
Nixon Earl-Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
11.19%

Purchase Details

Closed on
Oct 13, 1987
Sold by
Spencer Joseph-Ray D Shroyer
Bought by
Boyd John-Beulah
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
Ali Naeem $13,750 None Listed On Document
Hamidullah Zabihullah $10,000 Lincoln Ttl & Stlmt Svcs Llc
Hamidullah Zabihullah $10,000 New Title Company Name
Carrigan Lisa Marie $750 None Available
Odell Roy Inc $2,500 Crown Title Corporation
Beal Bank Ssb $28,800 None Available
Musgrove Charles $18,000 --
Nixon Earl-Joyce $5,000 --
Boyd John-Beulah $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nixon Earl-Joyce $4,000
Closed Musgrove Charles --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $13,750 -23.6% $6 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/30/2023 04/30/23 Price Changed $18,000 -10.0% $8 / Sq Ft
03/16/2023 03/16/23 Price Changed $20,000 -9.1% $9 / Sq Ft
01/21/2023 01/21/23 For Sale $22,000 +37.5% $10 / Sq Ft
04/06/2022 04/06/22 Sold $16,000 -23.8% $7 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/26/2022 02/26/22 Price Changed $21,000 -15.7% $10 / Sq Ft
01/20/2022 01/20/22 For Sale $24,900 +149.0% $12 / Sq Ft
10/15/2021 10/15/21 Sold $10,000 -28.1% $5 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $13,900 -- $6 / 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 $112 $12,000 $2,000 $10,000
2024 $112 $12,000 $2,000 $10,000
2023 $112 $12,000 $2,000 $10,000
2022 $258 $27,800 $2,000 $25,800
2021 $260 $27,800 $2,000 $25,800
2020 $281 $30,300 $2,000 $28,300
2019 $283 $30,300 $2,000 $28,300
2018 $285 $30,300 $2,000 $28,300
2017 $287 $30,300 $0 $0
2016 $290 $30,300 $0 $0
2015 $302 $30,300 $0 $0
2014 $302 $31,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2005210

Bright MLS

APN: 05-026261