$128,000
SOLD FEB 24, 2025

48 Johns Ln Cumberland, MD 21502

3 Beds
1 Bath
1,673 Sq Ft
1.45 Acres

Recently Sold

$77 Per Sq Ft

24% Below List Price

13 Days on Market

Highlights

  • View of Trees or Woods
  • Rambler Architecture
  • No HOA
  • Wooded Lot
  • 1 Fireplace
  • 1 Car Direct Access Garage

About This Home

As of February 2025

Don't miss this rare, deeply discounted foreclosed home set on 1.45 private and partially wooded acres in a desirable LaVale neighborhood. Bring this 1,673 square foot home back to life and make it shine. Finish the basement for additional living space. Enjoy the serene mountain views and the tranquil surroundings this area has to offer. Make the banks loss your gain! Dust it off, make it your own, and gain instant equity; fix and flip it for a profit; or add it to a lucrative rental portfolio. This property is priced to sell in its current "as-is" condition, seller will make no repairs.

Last Agent to Sell the Property

James Sapia

Century 21 Downtown License #652579 Listed on: 01/21/2025

Century 21 Downtown

Last Buyer's Agent

Keefe Kaylor

Homes & Land Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1959

Lot Details

  • 1.45 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Property is in average condition

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Rambler Architecture
  • Block Foundation
  • Wood Walls
  • Frame Construction
  • Asphalt Roof
  • Shake Siding
  • Stone Siding
  • Stick Built Home
  • Copper Plumbing

Interior Spaces

  • Property has 2 Levels
  • Paneling
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Interior Basement Entry
  • Garage Access

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0129006806

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Don't miss this rare, deeply discounted foreclosed home set on 1.45 private and partially wooded acres in a desirable LaVale neighborhood. Bring this 1,673 square foot home back to life and make it shine. Finish the basement for additional living space. Enjoy the serene mountain views and the tranquil surroundings this area has to offer. Make the banks loss your gain! Dust it off, make it your own, and gain instant equity; fix and flip it for a profit; or add it to a lucrative rental portfolio. This property is priced to sell in its current "as-is" condition, seller will make no repairs.
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Wood Walls
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Interior Access, Garage Access
  • Total Sq Ft: 3346
  • Living Area Sq Ft: 1673
  • Price Per Sq Ft: 101.32
  • Above Grade Finished Sq Ft: 1673
  • Below Grade Sq Ft: 1673
  • Total Below Grade Sq Ft: 1673
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shake Siding, Stone, Stick Built, Frame, Copper Plumbing
  • Roof: Asphalt
  • View: Mountain, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Sloping, Trees/Wooded
  • Lot Size Acres: 1.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 63162.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Average
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2115.35
  • Assessor Parcel Number: 0129006806
  • Tax Total Finished Sq Ft: 1673
  • Tax Year: 2024
  • Close Date: 02/24/2025

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Feb 21, 2025
Sold by
Bierman Howard N
Bought by
Xlm Holdings Llc
Seller's Agent
James Sapia
Century 21 Downtown
Buyer's Agent
Keefe Kaylor
Homes & Land Real Estate
List Price
$169,500
Sold Price
$128,000
Premium/Discount to List
-$41,500
-24.48%
Total Days on Market
13
Views
59
Current Estimated Value
$153,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,891
Avg. Annual Appreciation
103.10%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Trustee Deed $152,500 New World Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $273,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $128,000 -24.5% $77 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $169,500 -- $101 / 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
2024 $2,115 $171,700 $48,500 $123,200
2023 $1,803 $165,900 $0 $0
2022 $1,972 $160,100 $0 $0
2021 $1,899 $154,300 $48,500 $105,800
2020 $1,916 $154,300 $48,500 $105,800
2019 $1,901 $154,300 $48,500 $105,800
2018 $1,941 $158,800 $48,500 $110,300
2017 $1,939 $158,800 $0 $0
2016 -- $158,800 $0 $0
2015 -- $160,800 $0 $0
2014 -- $160,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2010794

Bright MLS

APN: 29-006806