NOT LISTED FOR SALE

48 Tarn Terrace Frostburg, MD 21532

Estimated Value: $8,847,351

-- Bed
-- Bath
53,474 Sq Ft
$165/Sq Ft Est. Value

About This Home

This home is located at 48 Tarn Terrace, Frostburg, MD 21532 and is currently estimated at $8,847,351, approximately $165 per square foot. 48 Tarn Terrace is a home located in Allegany County with nearby schools including Frost Elementary School, Mount Savage Middle School, and Mountain Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Mc Healthcare Realty Llc
Bought by
Ctr Partnership Lp
Current Estimated Value
$8,847,351

Purchase Details

Closed on
Aug 1, 2022
Sold by
Axis Health At Frostburg Propco Llc
Bought by
Mc Healthcare Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,816,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2020
Sold by
Upmc Western Maryland Corporation
Bought by
Axis Health At Frostburg Propco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 19, 2006
Sold by
Sacred Heart Hospital
Bought by
Sacred Heart Hospital and Sisters Of Charity

Purchase Details

Closed on
Jun 28, 2006
Sold by
Sacred Heart Hospital
Bought by
Sacred Heart Hospital and Sisters Of Charity
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ctr Partnership Lp $8,700,000 None Listed On Document
Mc Healthcare Realty Llc $5,816,000 --
Axis Health At Frostburg Propco Llc $9,500,000 Stewart Title Guaranty Co
Sacred Heart Hospital -- --
Sacred Heart Hospital -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mc Healthcare Realty Llc $5,816,000
Previous Owner Axis Health At Frostburg Propco Llc $9,000,000
Source: Public Records

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 $83,013 $8,291,500 $581,300 $7,710,200
2024 $83,013 $8,043,100 $0 $0
2023 $78,734 $7,794,700 $0 $0
2022 $76,323 $7,546,300 $581,300 $6,965,000
2021 $74,694 $7,340,567 $0 $0
2020 $70,014 $7,134,833 $0 $0
2019 $63,630 $6,398,200 $50,100 $6,348,100
2018 $63,630 $6,398,200 $50,100 $6,348,100
2017 $63,630 $6,398,200 $0 $0
2016 -- $6,481,200 $0 $0
2015 -- $4,508,367 $0 $0
2014 -- $2,535,533 $0 $0
Source: Public Records

Map

Maryland Allegany County Frostburg 21532

48 Tarn Terrace, Frostburg, MD

This home is located at 48 Tarn Terrace, Frostburg, MD 21532 and is currently estimated at $8,847,351, approximately $165 per square foot. 48 Tarn Terrace is a home located in Allegany County with nearby schools including Frost Elementary School, Mount Savage Middle School, and Mountain Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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