NOT LISTED FOR SALE

509 Baltimore Ave Cumberland, MD 21502

Estimated Value: $68,000 - $118,585

-- Bed
2 Baths
2,816 Sq Ft
$33/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $62,000 $22 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $539/month

About This Home

As of June 2019

Duplex, both units have 2 bedroom and 1 bathroom Off Street parking on one side. With outer building

Last Agent to Sell the Property

Connie Leprevost

(240) 727-8276 connie.leprevost@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 03/18/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Connie Leprevost

(240) 727-8276 connie.leprevost@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 03/18/2019

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $927

Year Built

  • Built in 1907

Lot Details

  • 7,200 Sq Ft Lot

Parking

  • Driveway

Home Design

  • 2,816 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Asphalt Roof
  • Vinyl Siding

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 1-2
  • Assessor Parcel Number 0135001832

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Net Operating Income $12,938

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$927

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2816
  • Living Area Sq Ft: 2816
  • Price Per Sq Ft: 23.08
  • Above Grade Finished Sq Ft: 2816
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 40800.00
  • Land Assessed Value: 5700.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Rent Control: No
  • Total Actual Rent: 18600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14939995
  • Tax Annual Amount: 927.00
  • Assessor Parcel Number: 0135001832
  • Tax Lot: 1-2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jul 10, 2019
Sold by
Equity Trust Company
Bought by
Wharton Tyler M
Seller's Agent
Connie Leprevost
Long & Foster Real Estate, Inc.
Buyer's Agent
Connie Leprevost
Long & Foster Real Estate, Inc.
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Current Estimated Value
$92,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,396
Avg. Annual Appreciation
6.49%
Original Mortgage
$44,000
Outstanding Balance
$38,532
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$53,864

Purchase Details

Listed on
Apr 17, 2018
Closed on
Apr 30, 2018
Sold by
Kelly Real Estate Holdings Llc
Bought by
Equity Trust Company and Irvin David V
Seller's Agent
Tina Llewellyn
The Goodfellow Agency
Buyer's Agent
Tina Llewellyn
The Goodfellow Agency
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.71%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Gilford Paul F
Bought by
Kelly Real Estate Holdings Llc

Purchase Details

Closed on
Jul 17, 2007
Sold by
Gilford Paul F
Bought by
Kelly Real Estate Holdings Llc
Source: Public Records

Range of Values:

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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
Wharton Tyler M $62,000 None Available
Equity Trust Company $35,000 None Available
Kelly Real Estate Holdings Llc $42,000 --
Kelly Real Estate Holdings Llc $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wharton Tyler M $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $62,000 -4.6% $22 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $65,000 +85.7% $23 / Sq Ft
05/01/2018 05/01/18 Sold $35,000 -12.5% $12 / Sq Ft View Prior Sale
04/17/2018 04/17/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $40,000 -- $14 / 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 $672 $73,333 $0 $0
2024 $630 $67,267 $0 $0
2023 $569 $61,200 $5,700 $55,500
2022 $523 $56,300 $0 $0
2021 $481 $51,400 $0 $0
2020 $432 $46,500 $5,700 $40,800
2019 $493 $46,500 $5,700 $40,800
2018 $438 $46,500 $5,700 $40,800
2017 $430 $46,500 $0 $0
2016 $435 $45,367 $0 $0
2015 $416 $44,233 $0 $0
2014 $416 $43,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Connie Leprevost

    Seller's Agent in 2019

    Connie Leprevost

    Long & Foster

    (240) 727-8276

    110 Total Sales

    Connie Leprevost
    Section Image
  • Tina Llewellyn

    Seller's Agent in 2018

    Tina Llewellyn

    The Goodfellow Agency

    (240) 362-4111

    71 Total Sales

    Tina Llewellyn
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL130224

Bright MLS

APN: 35-001832

Maryland Allegany County Cumberland 21502

509 Baltimore Ave, Cumberland, MD

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