NOT LISTED FOR SALE

517 E Oldtown Rd Cumberland, MD 21502

3 Beds
2 Baths
2,468 Sq Ft
8,330 Sq Ft Lot

Last Sold November 11, 2022

Last sale price $100,000 $41 Per Sq Ft

57 Days on Market

Highlights

  • No HOA
  • Community Pool
  • Radiator

About This Home

As of November 2022

Investors take a look at what this property has to offer. This large building was once used as a medical office building but could be a spacious single family home or converted into a multi unit rental and/or multiple smaller efficiency units, or maybe a bed and breakfast possibilities are endless. Off street parking available. Features multiple entry points, two full baths, upper level kitchenette. Close to proximity to UMPC hospital, and near by access to I-68 for traveling. Bring the offers seller is motivated!

Last Agent to Sell the Property

Stacey Hutzell

(301) 268-8502 staceyucrealtor@gmail.com Homes & Land Real Estate License #RSR001219 Listed on: 07/12/2022

Last Buyer's Agent

Wilfredo Vazquez

(301) 268-7159 wilfredo@perrywellingtonrealty.com Perry Wellington Realty, LLC License #5006526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1900

Lot Details

  • 8,330 Sq Ft Lot
  • Property is zoned R-L

Home Design

  • Converted Dwelling
  • Block Foundation
  • Metal Siding

Interior Spaces

  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0104008421

Community Details

Overview

  • No Home Owners Association
  • South End Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,489

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3630
  • Living Area Sq Ft: 2468
  • Price Per Sq Ft: 50.65
  • Above Grade Finished Sq Ft: 2468
  • Below Grade Sq Ft: 1162
  • Total Below Grade Sq Ft: 1162
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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: Metal Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • 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: 120500.00
  • Land Assessed Value: 24900.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8330.00
  • Zoning: R-L
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14905023
  • Tax Annual Amount: 2489.00
  • Assessor Parcel Number: 0104008421
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2022 11/11/22 Sold $100,000 -20.0% $41 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/21/2022 08/21/22 Price Changed $125,000 -16.1% $51 / Sq Ft
07/23/2022 07/23/22 Price Changed $149,000 -17.2% $60 / Sq Ft
07/12/2022 07/12/22 For Sale $180,000 -- $73 / 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 $902 $98,400 $24,900 $73,500
2024 $922 $98,400 $24,900 $73,500
2023 $1,353 $145,400 $24,900 $120,500
2022 $1,251 $134,833 $0 $0
2021 $1,162 $124,267 $0 $0
2020 $944 $101,700 $12,300 $89,400
2019 $950 $101,700 $12,300 $89,400
2018 $967 $101,700 $12,300 $89,400
2017 $1,073 $113,600 $0 $0
2016 $1,075 $112,167 $0 $0
2015 $1,056 $110,733 $0 $0
2014 $1,056 $109,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2003800

Bright MLS