NOT LISTED FOR SALE

502 Park St Cumberland, MD 21502

Estimated Value: $139,000

-- Bed
2 Baths
2,092 Sq Ft
$66/Sq Ft Est. Value

About This Home

This home is located at 502 Park St, Cumberland, MD 21502 and is currently estimated at $139,000, approximately $66 per square foot. 502 Park St is a home located in Allegany County with nearby schools including John Humbird Elementary School, Washington Middle School, and Fort Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2018
Sold by
Cumberland Economic Development Corp
Bought by
Cumberland Gateway Real Estate Llc
Current Estimated Value
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$529,668
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$390,668

Purchase Details

Closed on
Jan 20, 2016
Sold by
Mcfadden Daniel L
Bought by
Cumberland Economic Development Corporat

Purchase Details

Closed on
Aug 21, 2006
Sold by
Thompson Linda K
Bought by
Mcfadden Danniel L

Purchase Details

Closed on
Aug 14, 2006
Sold by
Thompson Linda K
Bought by
Mcfadden Danniel L

Purchase Details

Closed on
Apr 15, 2005
Sold by
Welsh Edward F and Welsh Suellen L
Bought by
Thompson Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,850
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cumberland Gateway Real Estate Llc $474,000 None Available
Cumberland Economic Development Corporat $102,000 Attorney
Mcfadden Danniel L $97,000 --
Mcfadden Danniel L $97,000 --
Thompson Linda K $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumberland Gateway Real Estate Llc $600,000
Previous Owner Thompson Linda K $40,850
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 $225 $24,000 $24,000 $0
2024 $225 $24,000 $24,000 $0
2023 $223 $24,000 $24,000 $0
2022 $223 $24,000 $24,000 $0
2021 $224 $24,000 $24,000 $0
2020 $223 $24,000 $24,000 $0
2019 $224 $24,000 $24,000 $0
2018 $513 $54,000 $24,000 $30,000
2017 $519 $55,000 $0 $0
2016 $464 $48,367 $0 $0
2015 $440 $46,933 $0 $0
2014 $440 $45,500 $0 $0
Source: Public Records

Map

Maryland Allegany County Cumberland 21502

502 Park St, Cumberland, MD

This home is located at 502 Park St, Cumberland, MD 21502 and is currently estimated at $139,000, approximately $66 per square foot. 502 Park St is a home located in Allegany County with nearby schools including John Humbird Elementary School, Washington Middle School, and Fort Hill High School.

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