NOT LISTED FOR SALE

423 Furnace St Cumberland, MD 21502

Estimated Value: $81,000 - $138,000

3 Beds
1.5 Baths
1,440 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $75,000 $52 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $570/month

26 Days on Market

Highlights

  • Traditional Floor Plan
  • No HOA
  • Bathtub with Shower
  • Cash Valley Elementary School Rated 9+
  • Formal Dining Room
  • Living Room

About This Home

As of January 2023

Move right in! This home offers home ownership for a reasonable price than rent! The home boasts three bedrooms, a living and dining room, a laundry room off the kitchen and one an a half baths it is perfect for many uses. Laminate flooring, mostly vinyl siding and a carport near the entrance. To top it off, there is a fenced backyard that can be used in many fun filled ways. Investors and buyers alike put this on your must see list today.

Last Agent to Sell the Property

Cher Sorzano

(240) 620-2371 chersorzanorealestate@gmail.com Homesource United License #666225 Listed on: 11/04/2022

Homesource United

Last Buyer's Agent

Alli Candelas

(301) 268-0816 ali.candelas@yahoo.com Charis Realty Group

Charis Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1912

Lot Details

  • 2,558 Sq Ft Lot

Home Design

  • Permanent Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Formal Dining Room
  • Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Gravel Driveway

Utilities

  • Hot Water Baseboard Heater
  • Above Ground Utilities
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 0105027284

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-11-04
  • Federal Flood Zone: No
  • Year Built: 1912
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Laminated, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Traditional, Tub Shower, Formal/Separate Dining Room
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 3, Half Bath
  • Basement: Yes
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 62.50
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Wood Siding
  • 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
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Above Ground, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 41800.00
  • Land Assessed Value: 2300.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2558.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910810
  • Tax Annual Amount: 869.00
  • Assessor Parcel Number: 0105027284
  • Tax Lot: 123
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 12, 2023
Sold by
Dmv Abodes Llc
Bought by
Bizon Matt
Seller's Agent
Cher Sorzano
Homesource United
Buyer's Agent
Alli Candelas
Charis Realty Group
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%
Views
66
Current Estimated Value
$99,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,127
Avg. Annual Appreciation
10.10%
Original Mortgage
$63,750
Outstanding Balance
$61,134
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$37,993

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 25, 2020
Sold by
Saweikis Anthony
Bought by
Dmv Abodes Llc
Seller's Agent
Doris Wheeler
Coldwell Banker Premier
Buyer's Agent
Cher Sorzano
Homesource United
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.57%
Original Mortgage
$45,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jan 27, 2016
Sold by
Miller Nikita
Bought by
Saweikis Ii Anthony A
Seller's Agent
David Riddle Jr.
Charis Realty Group
Buyer's Agent
Doris Wheeler
Coldwell Banker Premier
List Price
$49,000
Sold Price
$44,000
Premium/Discount to List
-$5,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$43,203
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2007
Sold by
Rank John Frederick
Bought by
Miller Nikita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2007
Sold by
Rank John Frederick
Bought by
Miller Nikita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2005
Sold by
Wallace Helen R and Rank Robert P
Bought by
Rank John Frederick

Purchase Details

Closed on
Jun 29, 1990
Sold by
Wallace Helen Le-Charles E
Bought by
Wallace Helen R Le-Rank Robert P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bizon Matt $75,000 --
Dmv Abodes Llc $48,000 Courtesy Title & Escrow Corp
Saweikis Ii Anthony A $44,000 Attorney
Miller Nikita $25,000 --
Miller Nikita $25,000 --
Rank John Frederick -- --
Wallace Helen R Le-Rank Robert P $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bizon Matt $63,750
Previous Owner Dmv Abodes Llc $45,000
Previous Owner Saweikis Ii Anthony A $43,203
Previous Owner Miller Nikita $24,250
Previous Owner Miller Nikita $24,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $75,000 -16.7% $52 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $90,000 +20.0% $63 / Sq Ft
11/04/2022 11/04/22 Off Market $75,000 -- --
11/04/2022 11/04/22 For Sale $90,000 +87.5% $63 / Sq Ft
05/29/2020 05/29/20 Sold $48,000 -19.9% $33 / Sq Ft View Prior Sale
05/14/2020 05/14/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $59,900 +36.1% $42 / Sq Ft
01/27/2016 01/27/16 Sold $44,000 -2.2% $32 / Sq Ft View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
10/07/2015 10/07/15 Price Changed $45,000 -8.2% $32 / Sq Ft
08/17/2015 08/17/15 For Sale $49,000 -- $35 / 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 $570 $62,233 $0 $0
2024 $511 $54,567 $0 $0
2023 $436 $46,900 $2,300 $44,600
2022 $427 $45,967 $0 $0
2021 $421 $45,033 $0 $0
2020 $410 $44,100 $2,300 $41,800
2019 $408 $43,633 $0 $0
2018 $410 $43,167 $0 $0
2017 $382 $42,700 $0 $0
2016 $193 $40,300 $0 $0
2015 $343 $37,900 $0 $0
2014 $343 $35,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004794

Bright MLS

APN: 05-027284