NOT LISTED FOR SALE

507 Fayette St Cumberland, MD 21502

Estimated Value: $129,000 - $175,000

4 Beds
2 Baths
1,906 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $93,000 $49 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $901/month

Highlights

  • No HOA
  • Forced Air Heating System
  • Dining Area
  • 1 Detached Carport Space
  • Property is in very good condition

About This Home

As of January 2014

This home has been beautifully renovated. NEW parking in rear with a rear driveway. New Kitchen, appliances, roof, windows, flooring, and more. This house is priced under assessment and move-in ready!

Last Agent to Sell the Property

Don Fansler

(304) 738-4070 fanslers@mris.com LifeTime Dreams Real Estate Service, LLC. License #MRIS:3003336 Listed on: 08/29/2013

Last Buyer's Agent

Don Fansler

(304) 738-4070 fanslers@mris.com LifeTime Dreams Real Estate Service, LLC. License #MRIS:3003336 Listed on: 08/29/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1890 | Remodeled in 2013

Lot Details

  • 9,780 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,906 Sq Ft Home
  • Property has 3 Levels
  • Dining Area
  • Basement
  • Side Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Detached Carport Space
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0106007627

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1890 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1890
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 1906
  • Living Area Sq Ft: 1906
  • Price Per Sq Ft: 47.17
  • Above Grade Finished Sq Ft: 1906
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, Detached Carport

Utilities

  • Central Air Conditioning: No
  • 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

Lot Info

  • Improvement Assessed Value: 80000.00
  • Land Assessed Value: 11400.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9780
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9780.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14911596
  • Tax Annual Amount: 1749.85
  • Assessor Parcel Number: 0106007627
  • Tax Page Number: 35
  • Tax Total Finished Sq Ft: 1906
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 01/31/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2013
Closed on
Jan 31, 2014
Sold by
Wharton Timothy and Wharton Tracey
Bought by
Spencer Garlitz Jeremy L
Seller's Agent
Robert Fansler
LifeTime Dreams Real Estate Service, LLC.
Buyer's Agent
Robert Fansler
LifeTime Dreams Real Estate Service, LLC.
List Price
$96,900
Sold Price
$93,000
Premium/Discount to List
-$3,900
-4.02%
Current Estimated Value
$155,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,995
Avg. Annual Appreciation
4.54%
Original Mortgage
$91,315
Outstanding Balance
$69,684
Interest Rate
4.52%
Mortgage Type
FHA
Estimated Equity
$86,796

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 7, 2013
Sold by
Fannie Mae
Bought by
Wharton Timothy and Wharton Tracey
Seller's Agent
Dennis White
Homes & Land Real Estate
Buyer's Agent
Don Fansler
LifeTime Dreams Real Estate Service, LLC.
List Price
$36,500
Sold Price
$27,000
Premium/Discount to List
-$9,500
-26.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
516.43%
Original Mortgage
$26,400
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2013
Sold by
Swick Suann R
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
Armiento Michael J
Bought by
Swick Suann R
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
Spencer Garlitz Jeremy L $93,000 None Available
Wharton Timothy $27,000 None Available
Federal National Mortgage Association $38,000 None Available
Swick Suann R $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Garlitz Jeremy L $91,315
Previous Owner Wharton Timothy $26,400
Closed Swick Suann R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2014 01/31/14 Sold $93,000 +3.4% $49 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
12/02/2013 12/02/13 Price Changed $89,900 -3.2% $47 / Sq Ft
10/10/2013 10/10/13 Price Changed $92,900 -4.1% $49 / Sq Ft
08/29/2013 08/29/13 For Sale $96,900 +258.9% $51 / Sq Ft
05/29/2013 05/29/13 Sold $27,000 -20.4% $14 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
04/08/2013 04/08/13 Price Changed $33,900 -7.1% $18 / Sq Ft
03/01/2013 03/01/13 For Sale $36,500 -- $19 / 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 $891 $106,300 $0 $0
2024 $891 $95,100 $0 $0
2023 $781 $83,900 $11,400 $72,500
2022 $768 $82,767 $0 $0
2021 $763 $81,633 $0 $0
2020 $748 $80,500 $11,400 $69,100
2019 $752 $80,500 $11,400 $69,100
2018 $765 $80,500 $11,400 $69,100
2017 $808 $85,600 $0 $0
2016 $410 $85,600 $0 $0
2015 $882 $85,600 $0 $0
2014 $882 $91,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Don Fansler

    LifeTime Dreams Real Estate Service, LLC.

    Section Image
  • Dennis White

    Seller's Agent in 2013

    Dennis White

    Homes & Land Real Estate

    (301) 707-3799

    66 Total Sales

    Dennis White
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003695790

Bright MLS

APN: 06-007627

Maryland Allegany County Cumberland 21502

507 Fayette St, Cumberland, MD

This home is located at 507 Fayette St, Cumberland, MD 21502 since 29 August 2013 and is currently estimated at $155,995, approximately $81 per square foot. This property was built in 1890. 507 Fayette St is a home located in Allegany County with nearby schools including West Side Elementary School, Braddock Middle School, and Allegany High School.

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