NOT LISTED FOR SALE

427 Goethe St Cumberland, MD 21502

Estimated Value: $47,000 - $73,000

-- Bed
2 Baths
1,424 Sq Ft
$43/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $25,000 $18 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $352/month

About This Home

As of April 2013

Updated duplex generating $11,400 income per year. Low taxes and owner expenses. Updated kitchens, electric baseboard heat. Fully rented. Owner also selling 2 other properties in Cumberland - would consider a package deal - AL7868101 and AL7868125. Call Alt Agent for details.

Last Agent to Sell the Property

Suzanne Glocker

(301) 991-9384 sglocker@glockergroup.com The Glocker Group Realty Results License #RMR002051 Listed on: 06/19/2012

Co-Listed By

Eddie Jefferson

(301) 991-9473 ejefferson@glockergroup.com The Glocker Group Realty Results

Last Buyer's Agent

James Stoneham

(301) 661-9694 james.stoneham@gmail.com Iron Valley Real Estate of Chambersburg License #5000253

Iron Valley Real Estate of Chambersburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1910

Lot Details

  • 1,501 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0123009617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$515

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Price Per Sq Ft: 17.56

Exterior Features

  • Construction Materials: Vinyl Siding
  • 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
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • 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

  • Improvement Assessed Value: 30700.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1501
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1501.00
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14931849
  • Tax Annual Amount: 515.12
  • Assessor Parcel Number: 0123009617
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Gross Income: 11400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2012
Closed on
Apr 19, 2013
Sold by
Cumberland Homes Llc
Bought by
Gx Ventures Llc
Seller's Agent
Suzanne Glocker
The Glocker Group Realty Results
Buyer's Agent
James Stoneham
Iron Valley Real Estate of Chambersburg
List Price
$44,900
Sold Price
$25,000
Premium/Discount to List
-$19,900
-44.32%
Current Estimated Value
$61,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,415
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Liquidation Properties Inc
Bought by
Cumberland Homes Llc

Purchase Details

Closed on
Aug 29, 2008
Sold by
Gmac Mortgage Llc
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Liquidation Properties Inc
Bought by
Cumberland Homes Llc

Purchase Details

Closed on
Apr 11, 2008
Sold by
Kloos Linda and Kloos Pieter
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Feb 6, 2008
Sold by
Kloos Linda and Kloos Pieter
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Kellys Rentals Llc
Bought by
Kloos Lind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Kellys Rentals Llc
Bought by
Kloos Lind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Kidwell Kelly A
Bought by
Kellys Rentals Llc

Purchase Details

Closed on
Oct 6, 2000
Sold by
Harris Trust & Savings Bank
Bought by
Kidwell Kelly A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gx Ventures Llc $25,000 First American Title Ins Co
Cumberland Homes Llc $35,000 --
Liquidation Properties Inc $56,023 --
Liquidation Properties Inc $56,023 --
Cumberland Homes Llc $35,000 --
Gmac Mortgage Llc $44,000 --
Gmac Mortgage Llc $44,000 --
Kloos Lind $65,000 --
Kloos Lind $65,000 --
Kellys Rentals Llc -- --
Kidwell Kelly A $9,000 --
Harris Trust & Savings Bank $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kloos Lind $58,500
Previous Owner Kloos Lind $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $25,000 -44.3% $18 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
06/19/2012 06/19/12 For Sale $44,900 -- $32 / 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 $349 $38,100 $0 $0
2024 $324 $34,600 $0 $0
2023 $289 $31,100 $1,500 $29,600
2022 $272 $29,267 $0 $0
2021 $257 $27,433 $0 $0
2020 $238 $25,600 $1,500 $24,100
2019 $239 $25,600 $1,500 $24,100
2018 $243 $25,600 $1,500 $24,100
2017 $251 $26,600 $0 $0
2016 $255 $26,600 $0 $0
2015 $326 $26,600 $0 $0
2014 $326 $33,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004042578

Bright MLS

APN: 23-009617