NOT LISTED FOR SALE

418 E Oldtown Rd Cumberland, MD 21502

Estimated Value: $172,000 - $206,000

Studio
2 Baths
3,210 Sq Ft
$58/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $129,900 $40 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,085/month

28 Days on Market

About This Home

As of March 2024

Attention Investors. This is a 3 uni t home with two units that have 2 bedroom and one unit with one bedroom. Come take a look to build your portfolio

Last Agent to Sell the Property

Charles Len Eaton

(717) 360-3146 len.eaton@lnf.com Long & Foster Real Estate, Inc. License #065546 Listed on: 01/10/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Kathy Spinks

(301) 788-2977 kathysellshomes@comcast.net Samson Properties License #RSR000519

Last Buyer's Agent

John Van Daley

(202) 839-2558 john.vandaley@longandfoster.com Real Broker, LLC License #667346

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 1910

Lot Details

  • 2,400 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3,210 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Johnson Heights Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0104026594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-01-10
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3210
  • Living Area Sq Ft: 3210
  • Price Per Sq Ft: 40.47
  • Above Grade Finished Sq Ft: 3210
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2064.35
  • Assessor Parcel Number: 0104026594
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2007
Sold by
Comet West Llc
Bought by
Mulligan Ricci
Current Estimated Value
$187,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$56,714
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,794

Purchase Details

Closed on
Oct 9, 2007
Sold by
Comet West Llc
Bought by
Mulligan Ricci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$56,714
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,794

Purchase Details

Closed on
Sep 12, 2003
Sold by
Brands Gary L
Bought by
Comet West Llc

Purchase Details

Closed on
Sep 24, 1999
Sold by
Brands Gary L
Bought by
Brands Gary L

Purchase Details

Closed on
Jan 29, 1999
Sold by
Brands Gary L Michelle G
Bought by
Brands Gary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mulligan Ricci $120,000 --
Mulligan Ricci $120,000 --
Comet West Llc $66,750 --
Brands Gary L -- --
Brands Gary L $28,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulligan Ricci $90,000
Closed Mulligan Ricci $90,000
Closed Comet West Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $129,900 0.0% $40 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $129,900 -- $40 / 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 $1,363 $148,667 $0 $0
2024 $1,221 $130,333 $0 $0
2023 $1,042 $112,000 $6,000 $106,000
2022 $986 $106,200 $0 $0
2021 $939 $100,400 $0 $0
2020 $878 $94,600 $6,000 $88,600
2019 $884 $94,600 $6,000 $88,600
2018 $899 $94,600 $6,000 $88,600
2017 $896 $94,900 $0 $0
2016 $909 $94,900 $0 $0
2015 $917 $94,900 $0 $0
2014 $917 $94,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Len Eaton

    Seller's Agent in 2024

    Charles Len Eaton

    Long & Foster

    (717) 360-3146

    44 Total Sales

    Charles Len Eaton
    Section Image
  • Kathy Spinks

    Seller Co-Listing Agent in 2024

    Kathy Spinks

    Samson Properties

    (301) 788-2977

    83 Total Sales

    Kathy Spinks
    Section Image

  • J

    Buyer's Agent in 2024

    John Van Daley

    Real Broker, LLC

    (202) 839-2558

    23 Total Sales

    John Van Daley
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL2007910

Bright MLS

APN: 04-026594

Maryland Allegany County Cumberland 21502

418 E Oldtown Rd, Cumberland, MD

Not Listed for Sale

MultiFamily

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