NOT LISTED FOR SALE

416 Walnut St Cumberland, MD 21502

Estimated Value: $75,000 - $115,000

3 Beds
1 Bath
1,520 Sq Ft
$65/Sq Ft Est. Value

Last Sold September 10, 2014

Last sale price $37,000 $24 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $586/month

44 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Porch
  • Cash Valley Elementary School Rated 9+
  • Balcony
  • Eat-In Kitchen

About This Home

As of September 2014

Renovated in 2005. Brick with updates, fenced rear yard. 2nd floor balcony. As-is. Seller is exempt from paying all transfer and recordation taxes and Buyer to pay all. ALL INFORMATION IS DEEMED RELIABLE BUT MUST BE VERIFIED BY PURCHASER.

Last Agent to Sell the Property

Mark Van Tyne

Julian Agency Real Estate License #59740 Listed on: 06/11/2014

Last Buyer's Agent

Frank Willetts

Long & Foster Real Estate, Inc. License #rsr001675

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 1,625 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gepharts Addition Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 0105023580

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1920
  • Building Winterized: Yes
  • Remarks Public: Renovated in 2005. Brick with updates, fenced rear yard. 2nd floor balcony. As-is. Seller is exempt from paying all transfer and recordation taxes and Buyer to pay all. ALL INFORMATION IS DEEMED RELIABLE BUT MUST BE VERIFIED BY PURCHASER.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Range Hood
  • Interior Amenities: Kitchen - Table Space, Dining Area
  • Window Features: Double Pane
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 1520
  • Below Grade Finished Sq Ft: 1520
  • Below Grade Sq Ft: 760
  • Total Below Grade Sq Ft: 2280
  • Street Number Modifier: 416

Beds/Baths

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

Exterior Features

  • Other Structures: Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 50600.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1625
  • Lot Dimensions: LotWidth:24 X LotDepth:65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1625.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910504
  • Tax Annual Amount: 1029.01
  • Assessor Parcel Number: 0105023580
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1520
  • Tax Year: 2013
  • Close Date: 09/10/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 12, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Linaburg Sarah D
Seller's Agent
Mark Van Tyne
Julian Agency Real Estate
Buyer's Agent
Frank Willetts
Long & Foster Real Estate, Inc.
List Price
$49,900
Sold Price
$37,000
Premium/Discount to List
-$12,900
-25.85%
Current Estimated Value
$98,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,422
Avg. Annual Appreciation
8.07%
Original Mortgage
$35,150
Outstanding Balance
$26,848
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$59,708

Purchase Details

Closed on
Jan 29, 2014
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 28, 2014
Sold by
Meyers Timothy
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 15, 2005
Sold by
Milhailovich Willard T and Milhailovich Alice M
Bought by
Meyers Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Layman Edith M and Layman Richard O
Bought by
Milhailovich Willard

Purchase Details

Closed on
Oct 21, 1993
Sold by
Schultz Charles D-Layman Edith M
Bought by
Layman Edith M-Richard O
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Linaburg Sarah D $37,000 Servicelink
Federal Home Loan Mortgage Corporation $56,700 Denver Dil Title
Citimortgage Inc $58,928 Denver Dil Title
Meyers Timothy $67,000 --
Milhailovich Willard $22,000 --
Layman Edith M-Richard O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linaburg Sarah D $35,150
Previous Owner Meyers Timothy $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold $37,000 -2.4% $24 / Sq Ft
09/03/2014 09/03/14 Price Changed $37,900 -5.0% $25 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/18/2014 07/18/14 Price Changed $39,900 -20.0% $26 / Sq Ft
06/11/2014 06/11/14 For Sale $49,900 -- $33 / 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 $605 $66,267 $0 $0
2024 $605 $64,633 $0 $0
2023 $586 $63,000 $1,500 $61,500
2022 $573 $61,700 $0 $0
2021 $565 $60,400 $0 $0
2020 $549 $59,100 $1,500 $57,600
2019 $552 $59,100 $1,500 $57,600
2018 $562 $59,100 $1,500 $57,600
2017 $558 $59,100 $0 $0
2016 -- $57,267 $0 $0
2015 $518 $55,433 $0 $0
2014 $518 $53,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003052342

Bright MLS

APN: 05-023580