NOT LISTED FOR SALE

49 Greene St Cumberland, MD 21502

Estimated Value: $71,000 - $107,000

3 Beds
2 Baths
1,617 Sq Ft
$54/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $35,000 $22 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $527/month

223 Days on Market

Highlights

  • Federal Architecture
  • Eat-In Kitchen
  • 2-minute walk to Great Allegheny Passage in Cumberland
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2019

This property is priced to sell! Well below assessed value. Office building or residential, closely located to downtown and courthouse. Separately metered. Lot next door (45-47 Greene St) included in sale. As-Is condition only. Rehab of property mey qualify for Sustainable Communities Tax Credit Program depending on intended use.

Last Agent to Sell the Property

Pam McCusker

Century 21 Potomac West License #308897 Listed on: 09/25/2018

Century 21 Potomac West

Last Buyer's Agent

Alli Candelas

Charis Realty Group

Charis Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1885

Lot Details

  • 2,160 Sq Ft Lot
  • Property is zoned Z-RC

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,617 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 0106027334

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1885
  • Remarks Public: This property is priced to sell! Well below assessed value. Office building or residential, closely located to downtown and courthouse. Separately metered. Lot next door (45-47 Greene St) included in sale. As-Is condition only. Rehab of property mey qualify for Sustainable Communities Tax Credit Program depending on intended use.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1617
  • Living Area Sq Ft: 1617
  • Price Per Sq Ft: 22.88
  • Above Grade Finished Sq Ft: 1617
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

  • Improvement Assessed Value: 34500.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2160.00
  • Year Assessed: 2018
  • Zoning: Z-RC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14913214
  • Tax Annual Amount: 753.75
  • Assessor Parcel Number: 0106027334
  • Tax Lot: 37
  • Tax Total Finished Sq Ft: 1617
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/24/2019

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
May 24, 2019
Sold by
Souppaya Salatchi
Bought by
Merrick Russell P
Seller's Agent
Pam McCusker
Century 21 Potomac West
Buyer's Agent
Alli Candelas
Charis Realty Group
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Current Estimated Value
$90,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,542
Avg. Annual Appreciation
15.62%

Purchase Details

Listed on
Oct 5, 2012
Closed on
Dec 27, 2012
Sold by
Larose Christopher and Rusnak Michael
Bought by
Souppaya Salatchi
Seller's Agent
Christopher LaRose
RE/MAX Realty Group
Buyer's Agent
Christopher LaRose
RE/MAX Realty Group
List Price
$46,000
Sold Price
$40,000
Premium/Discount to List
-$6,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.06%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Ervin Peter J
Bought by
Rusnak Michael and Larose Christopher H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Ervin Peter J
Bought by
Rusnak Michael and Larose Christopher H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2000
Sold by
Holwager James Kennedy and Holwager Norma J
Bought by
Ervin Peter J

Purchase Details

Closed on
Dec 6, 1995
Sold by
Holwager James Kennedy
Bought by
Holwager James Kennedy and Holwager Norma J
Source: Public Records

Range of Values:

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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
Merrick Russell P $35,000 None Available
Souppaya Salatchi $40,000 None Available
Rusnak Michael $64,500 --
Rusnak Michael $64,500 --
Ervin Peter J $52,900 --
Holwager James Kennedy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rusnak Michael $51,600
Previous Owner Rusnak Michael $51,600
Closed Holwager James Kennedy --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $35,000 -5.4% $22 / Sq Ft
12/28/2018 12/28/18 Price Changed $37,000 -7.3% $23 / Sq Ft
09/25/2018 09/25/18 For Sale $39,900 -0.3% $25 / Sq Ft
12/27/2012 12/27/12 Sold $40,000 -13.0% $25 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $46,000 -- $28 / 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 $377 $46,500 $0 $0
2024 $377 $40,200 $0 $0
2023 $315 $33,900 $3,000 $30,900
2022 $315 $33,900 $3,000 $30,900
2021 $317 $33,900 $3,000 $30,900
2020 $348 $37,500 $3,000 $34,500
2019 $347 $37,500 $3,000 $34,500
2018 $353 $37,500 $3,000 $34,500
2017 $537 $56,600 $0 $0
2016 $542 $56,600 $0 $0
2015 $627 $56,600 $0 $0
2014 $627 $64,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007031258

Bright MLS

APN: 06-027334