NOT LISTED FOR SALE

414 Franklin St Cumberland, MD 21502

Estimated Value: $74,000 - $99,000

-- Bed
2 Baths
2,312 Sq Ft
$39/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $55,000 $24 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $529/month

Highlights

  • Attic
  • No HOA
  • Porch
  • Corner Lot
  • Wood Frame Window
  • Double Pane Windows

About This Home

As of July 2020

WELL MAINTAINED DUPLEX - BOTH SIDES CURRENTLY RENTED WITH VERY LONG TERM TENANTS - EACH SIDE HAS ATTIC ACCESS- ONE SIDE OF ATTIC PARTIALLY FINISHED - CORNER LOT - NICE NORTH END LOCATION - SELLING WAY BELOW 2007 PURCHASE PRICE - CURRENT GROSS INCOME $12,420 - TENANTS PAY ALL OWN UTILITIES

Last Agent to Sell the Property

Dennis Murray

(240) 580-0379 dmurrayc21@gmail.com Century 21 Potomac West Listed on: 06/15/2020

Century 21 Potomac West

Last Buyer's Agent

Jared Fradiska

(301) 707-1097 jpf21502@gmail.com Gates Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1920

Lot Details

  • 4,233 Sq Ft Lot
  • Lot Dimensions are 42x100
  • Backs To Open Common Area
  • Corner Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Plaster Walls
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,312 Sq Ft Home
  • Paneling
  • Double Pane Windows
  • Wood Frame Window
  • Carpet
  • Unfinished Basement
  • Partial Basement
  • Attic

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 13-14
  • Assessor Parcel Number 0105024013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,199

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: WELL MAINTAINED DUPLEX - BOTH SIDES CURRENTLY RENTED WITH VERY LONG TERM TENANTS - EACH SIDE HAS ATTIC ACCESS- ONE SIDE OF ATTIC PARTIALLY FINISHED - CORNER LOT - NICE NORTH END LOCATION - SELLING WAY BELOW 2007 PURCHASE PRICE - CURRENT GROSS INCOME $12,420 - TENANTS PAY ALL OWN UTILITIES
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Carpet
  • Window Features: Double Pane, Wood Frame
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls, Plaster Walls
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 2312
  • Living Area Sq Ft: 2312
  • Price Per Sq Ft: 25.91
  • Above Grade Finished Sq Ft: 2312
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 414-416

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 48900.00
  • Land Assessed Value: 12500.00
  • Land Use Code: 010
  • Lot Features: Backs - Open Common Area, Corner
  • Lot Size Acres: 0.10
  • Lot Dimensions: 42X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4233.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESID
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910541
  • Tax Annual Amount: 1199.00
  • Assessor Parcel Number: 0105024013
  • Tax Lot: 13-14
  • Tax Total Finished Sq Ft: 2312
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/31/2020

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 29, 2020
Sold by
Greenberg Kendra and Greenberg Jeffrey
Bought by
Fradiska Jared and Ak Walker Properties Llc
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Jared Fradiska
Gates Realty
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$90,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,408
Avg. Annual Appreciation
9.97%
Original Mortgage
$44,000
Outstanding Balance
$39,031
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$51,377

Purchase Details

Closed on
Feb 8, 2007
Sold by
Brackett Brenda L
Bought by
Greenberg Eig Rosalyn and Greenberg Kendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2007
Sold by
Brackett Brenda L
Bought by
Greenberg Eig Rosalyn and Greenberg Kendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 22, 2000
Sold by
Bender Clyde C and Bender Saloma
Bought by
Brackett Brenda L

Purchase Details

Closed on
Feb 27, 1997
Sold by
Lohr Warren H
Bought by
Bender Clyde C and Bender Saloma
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
Fradiska Jared $55,000 Atticus Title Services Llc
Greenberg Eig Rosalyn $95,000 --
Greenberg Eig Rosalyn $95,000 --
Brackett Brenda L $49,900 --
Bender Clyde C $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fradiska Jared $44,000
Previous Owner Greenberg Eig Rosalyn $15,000
Previous Owner Greenberg Eig Rosalyn $80,000
Previous Owner Greenberg Eig Rosalyn $80,000
Closed Brackett Brenda L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $55,000 -8.2% $24 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $59,900 +8.9% $26 / Sq Ft
06/16/2020 06/16/20 Off Market $55,000 -- --
06/15/2020 06/15/20 For Sale $59,900 -- $26 / 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 $608 $66,333 $0 $0
2024 $569 $60,767 $0 $0
2023 $514 $55,200 $7,500 $47,700
2022 $512 $55,200 $7,500 $47,700
2021 $516 $55,200 $7,500 $47,700
2020 $570 $61,400 $12,500 $48,900
2019 $562 $60,167 $0 $0
2018 $555 $58,933 $0 $0
2017 $547 $57,700 $0 $0
2016 $553 $57,700 $0 $0
2015 $670 $57,700 $0 $0
2014 $670 $69,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Murray

    Seller's Agent in 2020

    Dennis Murray

    Century 21 Potomac West

    (240) 580-0379

    263 Total Sales

    Dennis Murray
    Section Image

  • J

    Buyer's Agent in 2020

    Jared Fradiska

    Gates Realty

    (301) 707-1097

    98 Total Sales

    Jared Fradiska
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL134476

Bright MLS

APN: 05-024013

Maryland Allegany County Cumberland 21502

414 Franklin St, Cumberland, MD

This home is located at 414 Franklin St, Cumberland, MD 21502 since 15 June 2020 and is currently estimated at $90,408, approximately $39 per square foot. This property was built in 1920. 414 Franklin St is a home located in Allegany County with nearby schools including Northeast Elementary School, Braddock Middle School, and Allegany High School.

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