NOT LISTED FOR SALE

5 Richard Way Cumberland, MD 21502

Estimated Value: $204,000 - $227,523

2 Beds
2 Baths
1,932 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $203,000 $105 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,348/month

24 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Parkside Elementary School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Be sure to stop by and see this well maintained home in cozy Coverwood. So convenient to shopping, grocery, restaurants and interstate #68. Enjoy the ground level entrance into the bright living room and enjoy the warm fireplace on those cold winter nights. A large level yard with a few small trees and a quiet patio for grilling and parties. The basement is bright and has a large rec room, laundry, bath and potentially another bedroom, next to the single car garage with opener. The kitchen looks over the backyard and is convenient to the dining room. The basement rec room could easily be a 3rd bedroom. Lets talk storage!!...the wide open walk up attic is well lit and has absolutely plenty of room for any and all seasonal and family treasures!

You really need to see it!!

Last Agent to Sell the Property

Dan DeBlock

(301) 707-4377 dandeblock3@gmail.com Charis Realty Group License #5010265 Listed on: 07/26/2024

Charis Realty Group

Last Buyer's Agent

Alli Candelas

(301) 268-0816 ali.candelas@yahoo.com Charis Realty Group

Charis Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Garage Access

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Coverwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0129026696

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,713

Year Built

Built in 1958

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: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Garage Access, Interior Access, Outside Entrance, Partially Finished, Walkout Level
  • Total Sq Ft: 2576
  • Living Area Sq Ft: 1932
  • Price Per Sq Ft: 162.27
  • Above Grade Finished Sq Ft: 1288
  • Below Grade Finished Sq Ft: 644
  • Below Grade Sq Ft: 644
  • Total Below Grade Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14967.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1713.00
  • Assessor Parcel Number: 0129026696
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 27, 2024
Sold by
Richards Gail Lynne
Bought by
Goodwin Steven P and Goodwin Carol Ann
Seller's Agent
Dan DeBlock
Charis Realty Group
Buyer's Agent
Alli Candelas
Charis Realty Group
List Price
$209,000
Sold Price
$203,000
Premium/Discount to List
-$6,000
-2.87%
Views
67
Current Estimated Value
$220,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,631
Avg. Annual Appreciation
8.09%
Original Mortgage
$192,850
Outstanding Balance
$190,823
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$29,808

Purchase Details

Closed on
Mar 2, 2007
Sold by
Price William R and Price Doris P
Bought by
Richards Gail Lynne

Purchase Details

Closed on
Mar 1, 2007
Sold by
Price William R and Price Doris P
Bought by
Richards Gail Lynne
Source: Public Records

Range of Values:

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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
Goodwin Steven P $203,000 None Listed On Document
Goodwin Steven P $203,000 None Listed On Document
Richards Gail Lynne -- --
Richards Gail Lynne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodwin Steven P $192,850
Closed Goodwin Steven P $192,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $203,000 -2.9% $105 / Sq Ft
07/26/2024 07/26/24 For Sale $209,000 -- $108 / 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 $2,178 $176,800 $0 $0
2024 $2,041 $168,400 $34,400 $134,000
2023 $1,713 $157,600 $0 $0
2022 $1,779 $146,800 $0 $0
2021 $1,647 $136,000 $34,400 $101,600
2020 $1,657 $135,600 $0 $0
2019 $1,639 $135,200 $0 $0
2018 $1,620 $134,800 $34,400 $100,400
2017 $1,599 $133,133 $0 $0
2016 $1,574 $131,467 $0 $0
2015 $1,563 $129,800 $0 $0
2014 $1,563 $129,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2009558

Bright MLS

APN: 29-026696