NOT LISTED FOR SALE

512 Louisiana Ave Cumberland, MD 21502

Estimated Value: $42,000 - $154,000

2 Beds
2 Baths
1,452 Sq Ft
$53/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $43,000 $30 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $420/month

58 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Detached Garage
  • Bungalow
  • No HOA

About This Home

As of April 2024

ONLINE AUCTION: Bidding begins 2/1 @ 10:00am, bidding ends 2/5 @ 12:20pm. List price is the suggested starting bid.

ATTENTION INVESTORS! You won’t want to miss this Charming (Rehab Ready!) Bungalow nestled in the quaint town of Cumberland. Located on a picturesque, tree lined street, this beautiful property has it all! Experience Scenic Beauty of Western Maryland via the surrounding Mountains, Creeks, & Rivers; & enjoy the convenience of being just BLOCKS from everything you could ever need- including the numerous attractions of Downtown Cumberland. while having Easy access to Major Traffic Arteries, MD Route(s) 68 & 70. Property is vacant.10% buyer's premium will be added to the high bid. $5,000 deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

Last Agent to Sell the Property

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 12/11/2023

Co-Listed By

Lee Shpritz

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

Last Buyer's Agent

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 12/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $340

Year Built

  • Built in 1930

Lot Details

  • 9,100 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Property has 1.5 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0104029585

Home Details

Home Type

Single Family

Est. Annual Taxes

$340

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2388
  • Living Area Sq Ft: 1452
  • Price Per Sq Ft: 13.77
  • Above Grade Finished Sq Ft: 1452
  • Below Grade Sq Ft: 936
  • Total Below Grade Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9100.00
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 340.00
  • Assessor Parcel Number: 0104029585
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Apr 3, 2024
Sold by
Dela Cruz Sergio and Foading Minabelle
Bought by
Sp Marin Revocable Trust and Marin
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$20,000
Sold Price
$43,000
Premium/Discount to List
$23,000
115%
Views
175
Current Estimated Value
$77,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,264
Avg. Annual Appreciation
41.74%

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 9, 2022
Sold by
Krasteva Ventzislava A
Bought by
Dela Cruz Sergio and Foading Minabelle
Seller's Agent
Roger Brown
Perry Wellington Realty, LLC
Buyer's Agent
Roger Brown
Perry Wellington Realty, LLC
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.86%

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 12, 2017
Sold by
Habitat For Humanity Of Virginia Inc
Bought by
Krasteva Ventzislava A
Seller's Agent
Roger Brown
Perry Wellington Realty, LLC
Buyer's Agent
Ventzislava Krasteva
Coldwell Banker Premier
List Price
$9,999
Sold Price
$6,500
Premium/Discount to List
-$3,499
-34.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.34%

Purchase Details

Closed on
Nov 11, 2014
Sold by
Habitat For Humanity International Inc
Bought by
Habitat For Humanity Of Virginia Inc

Purchase Details

Closed on
Oct 20, 2014
Sold by
Bank Of America Na
Bought by
Habitat For Humanity International Inc

Purchase Details

Closed on
Sep 8, 2014
Sold by
Bradley Gerald
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 9, 2007
Sold by
Smith Paul E
Bought by
Bradley Gerard K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,380
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Smith Paul E
Bought by
Bradley Gerard K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,380
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Wegman Thomas V and Wegman Ellen
Bought by
Smith Paul E

Purchase Details

Closed on
Apr 14, 1986
Sold by
Horn Ronald R
Bought by
Wegman Thomas V-Ellen
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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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
Sp Marin Revocable Trust $43,000 Atg Title
Sp Marin Revocable Trust $43,000 Atg Title
Dela Cruz Sergio $30,000 None Listed On Document
Krasteva Ventzislava A $6,500 None Available
Habitat For Humanity Of Virginia Inc -- Title Services Llc
Habitat For Humanity International Inc -- Title Services Llc
Bank Of America Na $99,465 None Available
Bradley Gerard K $86,900 --
Bradley Gerard K $86,900 --
Smith Paul E $59,000 --
Wegman Thomas V-Ellen $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley Gerard K $17,380
Previous Owner Bradley Gerard K $69,520
Previous Owner Bradley Gerard K $69,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2024 04/03/24 Sold $43,000 +115.0% $30 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $20,000 -33.3% $14 / Sq Ft
05/09/2022 05/09/22 Sold $30,000 0.0% $21 / Sq Ft View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $30,000 +361.5% $21 / Sq Ft
07/13/2017 07/13/17 Sold $6,500 -35.0% $4 / Sq Ft View Prior Sale
06/15/2017 06/15/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $9,999 +53.8% $7 / Sq Ft
06/10/2017 06/10/17 Off Market $6,500 -- --
06/09/2017 06/09/17 For Sale $9,999 -- $7 / 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 $168 $18,300 $0 $0
2024 $166 $17,700 $0 $0
2023 $159 $17,100 $14,500 $2,600
2022 $149 $16,033 $0 $0
2021 $140 $14,967 $0 $0
2020 $129 $13,900 $11,300 $2,600
2019 $129 $13,767 $0 $0
2018 $128 $13,633 $0 $0
2017 $707 $13,500 $0 $0
2016 $714 $74,500 $0 $0
2015 $718 $74,400 $0 $0
2014 $718 $74,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2007826

Bright MLS

APN: 04-029585