$11,000
SOLD NOV 1, 2024

503 Pine Ave Cumberland, MD 21502

0.29 Acre
$37,931 Price per Acre
12,632 Sq Ft Lot

Recently Sold

27% Below List Price

22 Days on Market

About This Lot

As of November 2024

Being sold at land value. This .29 Acre parcel, previously used as a commercial business, is a blank canvas for your imagination! Just a minute to I68, UPMC, & Allegany College of Maryland. Less than 3 minutes to Downtown. Come see the potential! Extra lot across the street (.224 of an acre) also conveys with sale! (Verify intended use with Cumberland City prior to making an offer ensure zoning aligns.)

Last Agent to Sell the Property

Seth Loar

Coldwell Banker Premier License #660434 Listed on: 09/05/2024

Coldwell Banker Premier

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot
  • Additional Land
  • Small lot across the street also conveys
  • Property is zoned VERIFY WITH CITY, Was zoned commercial, but City likely rezoned as residential. Please verify intended use is permitted prior to making an offer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0122009664

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Being sold at land value. This .29 Acre parcel, previously used as a commercial business, is a blank canvas for your imagination! Just a minute to I68, UPMC, & Allegany College of Maryland. Less than 3 minutes to Downtown. Come see the potential! Extra lot across the street (.224 of an acre) also conveys with sale! (Verify intended use with Cumberland City prior to making an offer ensure zoning aligns.)
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.18
  • Street Number Modifier: 503

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Small lot across the street also conveys
  • Land Use Code: C
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12665.00
  • Year Assessed: 2024
  • Zoning: VERIFY WITH CITY
  • Zoning Description: Was zoned commercial, but City likely rezoned as residential. Please verify intended use is permitted prior to making an offer
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 503.00
  • Assessor Parcel Number: 0122009664
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/01/2024

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Off Market $2,200 -- --
08/07/2025 08/07/25 Price Changed $2,200 0.0% --
08/07/2025 08/07/25 For Rent $2,200 -26.7% --
03/25/2025 03/25/25 Off Market $3,000 -- --
02/18/2025 02/18/25 For Rent $3,000 0.0% --
11/01/2024 11/01/24 Sold $11,000 -26.7% --
09/27/2024 09/27/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $15,000 0.0% --
09/10/2024 09/10/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $15,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAL2009924

Bright MLS