NOT LISTED FOR SALE

429 Independence St Cumberland, MD 21502

Estimated Value: $44,000 - $93,000

3 Beds
1 Bath
1,138 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 19, 2013

Last sale price $5,000 $4 Per Sq Ft

Est. 1,205% increase in value since last sale

Current estimated payment $360/month

140 Days on Market

Highlights

  • Traditional Floor Plan
  • No HOA
  • Living Room
  • Cash Valley Elementary School Rated 9+
  • Porch
  • Dining Room

About This Home

As of February 2013

WOW, what a hugh price reduction, Act now! Sold as-is and is subject to HUD Guidelines 24 CFR 206.125. Needs TLC. Convenient location. Views.

Last Agent to Sell the Property

Mark Van Tyne

(301) 777-3292 julianagency@atlanticbb.net Julian Agency Real Estate License #59740 Listed on: 07/19/2012

Last Buyer's Agent

Mark VanTyne

(301) 707-4806 sales@julianagency.com Julian Agency Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903

Lot Details

  • 1,700 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0105020999

Home Details

Home Type

Single Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1903
  • Building Winterized: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1742
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 4.39
  • Above Grade Finished Sq Ft: 1138
  • Above Grade Unfinished Sq Ft: 604
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • 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: 11900.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1700
  • Lot Dimensions: LotDepth:100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1700.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910284
  • Tax Annual Amount: 293.25
  • Assessor Parcel Number: 0105020999
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Feb 19, 2013
Sold by
Federal National Mortgage Association
Bought by
Beavers Jessica
Seller's Agent
Mark Van Tyne
Julian Agency Real Estate
Buyer's Agent
Mark VanTyne
Julian Agency Real Estate
List Price
$17,000
Sold Price
$5,000
Premium/Discount to List
-$12,000
-70.59%
Current Estimated Value
$65,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,255
Avg. Annual Appreciation
22.17%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Pope Mervin E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 3, 1987
Sold by
Hartung Doris W-Helen Blaul
Bought by
Pope Mervin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,700
Interest Rate
10.7%
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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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
Beavers Jessica $5,000 Crown Title Corporation
Federal National Mortgage Association $24,000 None Available
Pope Mervin E $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pope Mervin E $10,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2013 02/19/13 Sold $5,000 0.0% $4 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
12/05/2012 12/05/12 Price Changed $5,000 -33.3% $4 / Sq Ft
10/24/2012 10/24/12 Price Changed $7,500 -55.9% $7 / Sq Ft
07/19/2012 07/19/12 For Sale $17,000 -- $15 / 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 $202 $22,000 $0 $0
2024 $178 $19,000 $0 $0
2023 $149 $16,000 $1,500 $14,500
2022 $145 $15,633 $0 $0
2021 $143 $15,267 $0 $0
2020 $138 $14,900 $1,500 $13,400
2019 $139 $14,900 $1,500 $13,400
2018 $142 $14,900 $1,500 $13,400
2017 $141 $14,900 $0 $0
2016 $143 $14,900 $0 $0
2015 $144 $14,900 $0 $0
2014 $144 $14,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004083268

Bright MLS

APN: 05-020999