NOT LISTED FOR SALE

41 Bowery St Frostburg, MD 21532

Estimated Value: $112,000 - $154,000

-- Bed
2 Baths
1,568 Sq Ft
$83/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $121,000 $77 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $777/month

12 Days on Market

About This Home

As of January 2023

Great investment opportunuty. This newly renovated duplex is located in the heart of Frostburg. It's close proximity to restaurants, entertainment, Frostburg State University and the Great Allegany Passage make this gem a diamond! Seller is currently living in one side and renting the other on a month by month lease. This is a must see!!!
Highest and Best offers need to be submitted by noon on Sunday, 11/20.

Last Agent to Sell the Property

Jeremy Rice

Better Homes & Gardens Real Estate Old Line Group License #5010595 Listed on: 11/09/2022

Last Buyer's Agent

Jeremy Rice

Better Homes & Gardens Real Estate Old Line Group License #5010595 Listed on: 11/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1900

Lot Details

  • 4,632 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Stone Foundation
  • Frame Construction

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0128005075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,124

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunuty. This newly renovated duplex is located in the heart of Frostburg. It's close proximity to restaurants, entertainment, Frostburg State University and the Great Allegany Passage make this gem a diamond! Seller is currently living in one side and renting the other on a month by month lease. This is a must see!!! Highest and Best offers need to be submitted by noon on Sunday, 11/20.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 2352
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 73.34
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Sq Ft: 784
  • Total Below Grade Sq Ft: 784
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 41

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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 Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 53700.00
  • Land Assessed Value: 12000.00
  • Land Use Code: R
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4632.00
  • Year Assessed: 2022
  • Zoning: C1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14934323
  • Tax Annual Amount: 1124.00
  • Assessor Parcel Number: 0128005075
  • Tax Total Finished Sq Ft: 1568
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/06/2023

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 6, 2023
Sold by
Trader Steven Andrew
Bought by
Godfrey Robert Alfred and Blank Katherine A
Seller's Agent
Jeremy Rice
Better Homes & Gardens Real Estate Old Line Group
Buyer's Agent
Jeremy Rice
Better Homes & Gardens Real Estate Old Line Group
List Price
$115,000
Sold Price
$121,000
Premium/Discount to List
$6,000
5.22%
Views
41
Current Estimated Value
$130,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,006
Avg. Annual Appreciation
2.80%
Original Mortgage
$102,850
Outstanding Balance
$99,819
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$30,187

Purchase Details

Closed on
Oct 8, 2004
Sold by
Trader Steven and Trader Rew
Bought by
Trader Steve

Purchase Details

Closed on
Jan 20, 2004
Sold by
Shenk Fred Hollis and Shenk Mary P
Bought by
Trader Steven Andrew

Purchase Details

Closed on
Jan 7, 2004
Sold by
Shenk Fred Hollis and Shenk Mary P
Bought by
Shenk Fred Hollis and Shenk Mary P
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
Godfrey Robert Alfred $115,000 --
Trader Steve -- --
Trader Steven Andrew $40,000 --
Shenk Fred Hollis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godfrey Robert Alfred $102,850
Closed Trader Steve --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $121,000 +5.2% $77 / Sq Ft
11/09/2022 11/09/22 For Sale $115,000 -- $73 / 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 $785 $81,300 $12,000 $69,300
2024 $785 $76,100 $0 $0
2023 $716 $70,900 $0 $0
2022 $664 $65,700 $12,000 $53,700
2021 $669 $65,700 $12,000 $53,700
2020 $645 $65,700 $12,000 $53,700
2019 $670 $67,700 $12,000 $55,700
2018 $679 $67,700 $12,000 $55,700
2017 $673 $67,700 $0 $0
2016 $711 $73,100 $0 $0
2015 $716 $73,100 $0 $0
2014 $716 $73,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004848

Bright MLS

APN: 28-005075