J
Seller's Agent in 2024
Jan Rivera
CASAS Real Estate, Inc.
(301) 717-9114
22 Total Sales
420 Pine Ave Cumberland, MD 21502
Estimated Value: $105,000 - $172,000
4
Beds
1.5
Baths
1,456
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Wood Flooring
- Porch
- Colonial Architecture
- No HOA
- Electric Baseboard Heater
About This Home
As of March 2024OWNER FINANCING ON COMPLETELY REHABBED FOUR BEDROOM COLONIAL ACROSS FROM PARK. And this property is very close to Constitution Park as well.
Just move in and enjoy community gardening, basketball or watching deer run along the mountain ridge behind your new home. Everything is new - check the pictures for new wiring, new plumbing, new electric baseboard heaters, new carpet, paint and ceramic floors as we;; as Hot water heater, roof, exterior paint. Clean and ready to go.
Owner financing at 7% fixed, 30 year amortized loan with owner holding the paper. 15% down, no bank qualifying but buyers must submit financials. Credit score of 650 or higher.
Location, location, location - less than a minute drive to 68, Route 40, hospital and community college. City inspected. Lead reports available. Investors welcome. Please ignore City and County assessments as the property has been fully rehabbed within the past six months.
INVESTORS; MANAGEMENT IN PLACE AND WILL FIND A TENANT FOR YOU AT NO CHARGE WITH ONE YEAR MANAGEMENT CONTRACT. Estimated rent between 1200-1300/month. Positive cash flow.
At $150K with $22,500 down (15%), amortized over 30 years, the monthly payment would be the mortgage payment (848) plus taxes (approx. 90) plus insurance. At 20% down, the numbers are even better. No HOA fees. With all the major features new (roof, heat, HWH, electrical, appliances) you should have few expenses for years.
Last Agent to Sell the Property
(301) 717-9114 janlagringa@aol.com CASAS Real Estate, Inc. License #314567 Listed on: 12/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $925
Year Built
- Built in 1920 | Remodeled in 2023
Lot Details
- 5,920 Sq Ft Lot
- Privacy Fence
- Board Fence
Property Views
- Woods
- Mountain
- Garden
- Park or Greenbelt
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
- Asbestos
Interior Spaces
- Property has 3 Levels
- Vinyl Clad Windows
- Double Hung Windows
- Window Screens
- Six Panel Doors
- Washer and Dryer Hookup
Kitchen
- Electric Oven or Range
- Stove
Flooring
- Wood
- Carpet
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Unfinished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Side Exterior Basement Entry
- Laundry in Basement
- Basement Windows
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
Outdoor Features
- Exterior Lighting
- Porch
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
- Phone Available
Community Details
- No Home Owners Association
- Built by COMPLETELY REHABBED IN 2023
Listing and Financial Details
- Assessor Parcel Number 0122010549
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2023
Closed on
Mar 21, 2024
Sold by
Rivera Nelson
Bought by
Potomac Valley Properties Llc
Seller's Agent
Jan Rivera
CASAS Real Estate, Inc.
Buyer's Agent
Seth Loar
Coldwell Banker Premier
List Price
$149,900
Sold Price
$138,000
Premium/Discount to List
-$11,900
-7.94%
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,000
Avg. Annual Appreciation
-0.91%
Purchase Details
Closed on
Nov 21, 2022
Sold by
Mayor And City Council Of Cumberland
Bought by
Rivera Nelson
Purchase Details
Closed on
Jun 16, 2022
Sold by
Bennett Jason M
Bought by
Mayor And City Council Of Cumberland
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potomac Valley Properties Llc | $138,000 | None Listed On Document | |
| Potomac Valley Properties Llc | $138,000 | None Listed On Document | |
| Rivera Nelson | $4,050 | -- | |
| Rivera Nelson | $4,050 | None Listed On Document | |
| Mayor And City Council Of Cumberland | -- | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $138,000 | -7.9% | $95 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 12/12/2023 12/12/23 | For Sale | $149,900 | -- | $103 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $514 | $56,033 | $0 | $0 |
| 2024 | $480 | $51,267 | $0 | $0 |
| 2023 | $433 | $46,500 | $5,900 | $40,600 |
| 2022 | $423 | $45,533 | $0 | $0 |
| 2021 | $417 | $44,567 | $0 | $0 |
| 2020 | $401 | $43,600 | $5,900 | $37,700 |
| 2019 | $407 | $43,600 | $5,900 | $37,700 |
| 2018 | $471 | $43,600 | $5,900 | $37,700 |
| 2017 | $463 | $49,900 | $0 | $0 |
| 2016 | -- | $48,833 | $0 | $0 |
| 2015 | $451 | $47,767 | $0 | $0 |
| 2014 | $451 | $46,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Rivera
-
Seth Loar
Buyer's Agent in 2024
Seth Loar
Coldwell Banker Premier
(301) 876-0676
314 Total Sales
Map
Source: Bright MLS
MLS Number: MDAL2007812
APN: 22-010549
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