NOT LISTED FOR SALE

520 Columbia Ave Cumberland, MD 21502

Estimated Value: $66,000 - $105,774

-- Bed
2 Baths
1,419 Sq Ft
$60/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $60,000 $42 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $486/month

About This Home

As of August 2021

Investors -- come and take a look at this fully rented duplex located in Cumberland MD - home of Rocky Gap State Park and Rocky Gap Casino. Sale also includes 522 Columbia Ave which is a vacant lot right next to 520 Columbia Ave. Conveniently located near shopping and close proximity to I-68 for traveling. Property currently has a property manager in place. One unit is a one bedroom efficiency, second unit is a two bedroom unit. Tenants have been there since 2016 & 2018 and pay their own heat and electric.

Last Agent to Sell the Property

Stacey Hutzell

(301) 268-8502 staceyucrealtor@gmail.com Homes & Land Real Estate License #RSR001219 Listed on: 03/23/2021

Last Buyer's Agent

GARY BENNETT

(301) 338-1243 ghbennett1@comcast.net Better Homes & Gardens Real Estate Old Line Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1910

Lot Details

  • 5,212 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • 1,419 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Assessor Parcel Number 0105018161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,005

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Investors -- come and take a look at this fully rented duplex located in Cumberland MD - home of Rocky Gap State Park and Rocky Gap Casino. Sale also includes 522 Columbia Ave which is a vacant lot right next to 520 Columbia Ave. Conveniently located near shopping and close proximity to I-68 for traveling. Property currently has a property manager in place. One unit is a one bedroom efficiency, second unit is a two bedroom unit. Tenants have been there since 2016 & 2018 and pay their own heat and electric.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1419
  • Living Area Sq Ft: 1419
  • Price Per Sq Ft: 45.03
  • Above Grade Finished Sq Ft: 1419
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 520

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl 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: 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: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 33100.00
  • Land Assessed Value: 4600.00
  • Land Use Code: 010
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5212.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Owner Pays: Sewer, Water, Trash Collection
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910045
  • Tax Annual Amount: 1005.00
  • Assessor Parcel Number: 0105018161
  • Tax Total Finished Sq Ft: 1419
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/20/2021

Multi Family

  • Gross Income: 980.00
  • Single Room Units Count: 1

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Aug 31, 2021
Sold by
Brazier Mark
Bought by
Tobin Ltonya D
Seller's Agent
Stacey Hutzell
Homes & Land Real Estate
Buyer's Agent
GARY BENNETT
Better Homes & Gardens Real Estate Old Line Group
List Price
$69,500
Sold Price
$60,000
Premium/Discount to List
-$9,500
-13.67%
Current Estimated Value
$85,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,444
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Caza Properties Llc
Bought by
Brazier Mark

Purchase Details

Closed on
Oct 3, 2006
Sold by
Caza Properties Llc
Bought by
Brazier Mark

Purchase Details

Closed on
Sep 15, 2006
Sold by
Hott Jerry A and Hott Tabitha I
Bought by
Caza Properties Llc

Purchase Details

Closed on
Aug 15, 2006
Sold by
Hott Jerry A and Hott Tabitha I
Bought by
Caza Properties Llc

Purchase Details

Closed on
Jul 15, 2005
Sold by
Contreras Cecilia Glen Simpkins
Bought by
Contreras Cecilia

Purchase Details

Closed on
May 6, 2004
Sold by
Conteras Cecilia
Bought by
Conteras Cecili

Purchase Details

Closed on
Jan 30, 2004
Sold by
Barnes Donald C and Barnes Laurie A
Bought by
Conteras Cecilia

Purchase Details

Closed on
Jan 5, 2004
Sold by
Barnes Donald C and Barnes Laurie A
Bought by
Contreras Cecilia
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
Tobin Ltonya D $60,000 None Available
Brazier Mark $55,000 --
Brazier Mark $55,000 --
Caza Properties Llc $55,000 --
Hott Jerry A I -- --
Caza Properties Llc $55,000 --
Hott Jerry A I -- --
Contreras Cecilia -- --
Conteras Cecili $20,000 --
Conteras Cecilia $55,000 --
Contreras Cecilia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Conteras Cecilia --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $60,000 -6.1% $42 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $63,900 -8.1% $45 / Sq Ft
03/23/2021 03/23/21 For Sale $69,500 -- $49 / 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 $405 $48,767 $0 $0
2024 $405 $43,233 $0 $0
2023 $351 $37,700 $4,600 $33,100
2022 $350 $37,700 $4,600 $33,100
2021 $353 $37,700 $4,600 $33,100
2020 $470 $50,600 $9,100 $41,500
2019 $464 $49,667 $0 $0
2018 $459 $48,733 $0 $0
2017 $445 $47,800 $0 $0
2016 $449 $46,867 $0 $0
2015 $435 $45,933 $0 $0
2014 $435 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacey Hutzell

    Seller's Agent in 2021

    Stacey Hutzell

    Homes & Land Real Estate

    (301) 268-8502

    60 Total Sales

    Stacey Hutzell
    Section Image
  • GARY BENNETT

    Buyer's Agent in 2021

    GARY BENNETT

    Better Homes & Gardens Real Estate Old Line Group

    (301) 338-1243

    12 Total Sales

    GARY BENNETT
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAL136488

Bright MLS

APN: 05-018161

Maryland Allegany County Cumberland 21502

520 Columbia Ave, Cumberland, MD

This home is located at 520 Columbia Ave, Cumberland, MD 21502 since 23 March 2021 and is currently estimated at $85,444, approximately $60 per square foot. This property was built in 1910. 520 Columbia Ave is a home located in Allegany County with nearby schools including Northeast Elementary School, Braddock Middle School, and Allegany High School.

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