NOT LISTED FOR SALE

41 Mill St Frostburg, MD 21532

Estimated Value: $112,000 - $167,000

4 Beds
2 Baths
1,508 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $18,000 $12 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $797/month

260 Days on Market

Highlights

  • Farmhouse Style Home
  • No HOA
  • Forced Air Heating System
  • Beall Elementary School Rated 9+
  • Country Kitchen

About This Home

As of June 2018

Great investment opportunity. This home needs some repairs but seller advised it has been easy to rent and brings $16,000.00 yearly. Within walking distance to FSU, offers off street parking, new windows with lifetime warranty and other recent upgrades.

Last Agent to Sell the Property

Jason McCumber

Ability Real Estate Service Listed on: 09/20/2017

Last Buyer's Agent

Rosalind Morris

Ability Real Estate Service

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 7,077 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Farmhouse Style Home
  • Aluminum Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • Property has 3 Levels
  • Basement
  • Front Basement Entry
  • Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 0112006934

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1915
  • Remarks Public: Great investment opportunity. This home needs some repairs but seller advised it has been easy to rent and brings $16,000.00 yearly. Within walking distance to FSU, offers off street parking, new windows with lifetime warranty and other recent upgrades.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Front Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 1508
  • Living Area Sq Ft: 1508
  • Price Per Sq Ft: 26.46
  • Above Grade Finished Sq Ft: 1508
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 41

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete, Aluminum Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208

Lot Info

  • Improvement Assessed Value: 37000.00
  • Land Assessed Value: 14500.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 7077
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7077.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 16000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14923090
  • Tax Annual Amount: 1003.78
  • Assessor Parcel Number: 0112006934
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 1508
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/26/2018

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Jun 26, 2018
Sold by
Cheng Tyler
Bought by
Droll D&D Rentals Llc
Seller's Agent
Jason McCumber
Ability Real Estate Service
Buyer's Agent
Rosalind Morris
Ability Real Estate Service
List Price
$39,900
Sold Price
$18,000
Premium/Discount to List
-$21,900
-54.89%
Current Estimated Value
$133,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,268
Avg. Annual Appreciation
32.11%

Purchase Details

Listed on
May 21, 2013
Closed on
Aug 15, 2013
Sold by
Cheng King and Cheng Tyler
Bought by
Cheng Tyler
Seller's Agent
Connie Leprevost
Long & Foster Real Estate, Inc.
Buyer's Agent
Tina Llewellyn
The Goodfellow Agency
List Price
$17,000
Sold Price
$20,000
Premium/Discount to List
$3,000
17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.09%

Purchase Details

Listed on
May 21, 2013
Closed on
Jun 26, 2013
Sold by
Department Of Housing & Urban Developmen
Bought by
Cheng Tyler
Seller's Agent
Connie Leprevost
Long & Foster Real Estate, Inc.
Buyer's Agent
Tina Llewellyn
The Goodfellow Agency
List Price
$17,000
Sold Price
$20,000
Premium/Discount to List
$3,000
17.65%

Purchase Details

Closed on
Sep 12, 2012
Sold by
Spencer Layne C
Bought by
The Secretary Of The United States Depar

Purchase Details

Closed on
Aug 3, 2007
Sold by
Deterding Eric L
Bought by
Spencer Layne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2007
Sold by
Deterding Eric L
Bought by
Spencer Layne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2005
Sold by
Moore Robert M
Bought by
Deterding Eric L

Purchase Details

Closed on
May 18, 2000
Sold by
Lamberger Herman J and Lamberger Karen L
Bought by
Moore Robert M
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
Droll D&D Rentals Llc $18,000 None Available
Cheng Tyler -- None Available
Cheng Tyler $20,000 First American Title Ins Co
The Secretary Of The United States Depar $115,165 None Available
Spencer Layne C $84,000 --
Spencer Layne C $84,000 --
Deterding Eric L $62,500 --
Moore Robert M $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Layne C $83,300
Previous Owner Spencer Layne C $83,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $18,000 -54.9% $12 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $39,900 0.0% $26 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/05/2018 05/05/18 Price Changed $39,900 -11.1% $26 / Sq Ft
04/17/2018 04/17/18 Price Changed $44,900 -10.2% $30 / Sq Ft
02/26/2018 02/26/18 For Sale $49,990 0.0% $33 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $49,990 0.0% $33 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $49,990 +150.0% $33 / Sq Ft
07/02/2013 07/02/13 Sold $20,000 +17.6% $13 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $17,000 -- $11 / 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 $916 $96,200 $14,500 $81,700
2024 $916 $88,767 $0 $0
2023 $822 $81,333 $0 $0
2022 $747 $73,900 $14,500 $59,400
2021 $158 $15,500 $14,500 $1,000
2020 $152 $15,500 $14,500 $1,000
2019 $153 $15,500 $14,500 $1,000
2018 $512 $51,500 $14,500 $37,000
2017 $597 $51,500 $0 $0
2016 $603 $62,000 $0 $0
2015 $607 $62,000 $0 $0
2014 $607 $62,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000995095

Bright MLS

APN: 12-006934