NOT LISTED FOR SALE

510 Eastern Ave Cumberland, MD 21502

Estimated Value: $131,000 - $242,000

Studio
3 Baths
2,154 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $50,000 $23 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $976/month

3 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2022

ONLINE AUCTION: Bidding begins 11/8/2022 @ 11:00 AM. Bidding ends 11/10/2022 @ 1:05 PM. List Price is Suggested Opening Bid. Deposit: $5,000. 2.5% Broker Co-Op. Agents Register Your Clients. For full Terms and Conditions contact the auctioneer's office.2 Story Detached Duplex Townhome located in the Cumberland, MD area of Allegany County. Just a short drive to Frostburg State University, the Rocky Gap State Park & the Fore Sisters Golf Course. Easy access to major traffic arteries I-68 & US-220. Property is in need of renovations.

Last Agent to Sell the Property

Adam Shpritz

(410) 488-3124 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 11/07/2022

Co-Listed By

Lee Shpritz

(410) 488-3124 lee@ashlandauction.com Ashland Auction Group LLC

Last Buyer's Agent

Adam Shpritz

(410) 488-3124 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 11/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1910

Lot Details

  • 0.25

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Shingle Siding

Interior Spaces

  • Property has 2 Levels

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0122013351

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3201
  • Living Area Sq Ft: 2154
  • Price Per Sq Ft: 11.61
  • Above Grade Finished Sq Ft: 2154
  • Below Grade Sq Ft: 1047
  • Total Below Grade Sq Ft: 1047
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 9700.00
  • Land Assessed Value: 7200.00
  • Lot Size Acres: 0.25
  • Lot Dimensions: 510-512 EASTERN AVE LOTS 222-223 90X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10800.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14930945
  • Tax Annual Amount: 336.00
  • Assessor Parcel Number: 0122013351
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jan 31, 2023
Sold by
Bennett Jason M
Bought by
2015 Reo Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$25,000
Sold Price
$50,000
Premium/Discount to List
$25,000
100%
Views
3
Current Estimated Value
$163,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,946
Avg. Annual Appreciation
46.14%

Purchase Details

Listed on
Nov 7, 2022
Closed on
Dec 9, 2022
Sold by
2015 Reo Llc
Bought by
Bowen Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$25,000
Sold Price
$50,000
Premium/Discount to List
$25,000
100%
Views
3

Purchase Details

Closed on
Oct 22, 2004
Sold by
Hollenbach Deborah L and Hollenbach W
Bought by
Mecham Carol

Purchase Details

Closed on
Jan 16, 1997
Sold by
Steckman Delbert L
Bought by
Hollenbach Deborah L and Hollenbach W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
2015 Reo Llc $4,192 --
2015 Reo Llc $4,192 None Listed On Document
Bowen Llc $50,000 Golden Trust Title
Bowen Llc $50,000 Golden Trust Title
Mecham Carol $65,000 --
Hollenbach Deborah L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mecham Carol --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $50,000 +100.0% $23 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $25,000 -- $12 / Sq Ft
Source: Bright MLS

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 $1,268 $138,400 $0 $0
2024 $1,230 $131,300 $0 $0
2023 $157 $16,900 $7,200 $9,700
2022 $157 $16,900 $7,200 $9,700
2021 $158 $16,900 $7,200 $9,700
2020 $179 $19,300 $7,200 $12,100
2019 $180 $19,300 $7,200 $12,100
2018 $183 $19,300 $7,200 $12,100
2017 $488 $51,700 $0 $0
2016 $495 $51,700 $0 $0
2015 $610 $51,700 $0 $0
2014 $610 $63,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004828

Bright MLS

APN: 22-013351