NOT LISTED FOR SALE

523 Cumberland St Cumberland, MD 21502

Estimated Value: $285,000 - $451,000

5 Beds
3.5 Baths
2,933 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $299,000 $102 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,989/month

67 Days on Market

Highlights

  • Second Kitchen
  • Dual Staircase
  • Traditional Floor Plan
  • City View
  • Deck
  • Wood Flooring

About This Home

As of February 2023

RESTORED THREE-FLOOR WEST SIDE VICTORIAN. Welcome to 523 Cumberland Street. This property has been completely restored over the last 15-20 years and offers stunning views of downtown Cumberland. The main floor features a grand foyer with custom woodwork and leaded glass, a living room with fireplace, formal dining room with fireplace, a large kitchen, laundry room and half bathroom. The second floor features three spacious bedrooms and two bathrooms. The third floor features a second kitchen, two bedrooms, a full bathroom and a den. Outside, there is a spacious side yard, an off-street parking lot, a deck and a three-story sleeping porch in the back. Updates include newer mini-split AC units, newer bathrooms, roof replacements over the past 5 years, restored woodwork and more. Walking-distance to the Allegheny Passage, C&O Canal and downtown Cumberland. ESTABLISHED AIRBNB that has a great rental history and reviews. Furnishings are available if buyer is interested. For more info, call us today! This one will NOT last long.

Last Agent to Sell the Property

Ally Litten

(301) 268-7504 alittenmd@gmail.com Mountainside Home Realty License #WVB210300750 Listed on: 09/09/2022

Last Buyer's Agent

Josh Greise

(301) 697-4897 josh@carterandroque.com Better Homes & Gardens Real Estate Old Line Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1910

Lot Details

  • 9,605 Sq Ft Lot
  • Extensive Hardscape
  • Corner Lot
  • Side Yard
  • Property is in excellent condition

Parking

  • Off-Street Parking

Property Views

  • City
  • Mountain

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Poured Concrete

Interior Spaces

  • Property has 4 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Non-Functioning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Stained Glass
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Home Security System

Kitchen

  • Kitchenette
  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Multiple Balconies
  • Deck
  • Patio
  • Porch

Schools

  • West Side Elementary School
  • Braddock Middle School
  • Allegany High School

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • West Side Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 0106024556

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,192

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-09-12
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Stain/Lead Glass, Wainscotting, Wood Floors, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Kitchenette, Recessed Lighting, Tub Shower, Upgraded Countertops, Window Treatments
  • Fireplace Features: Marble, Mantel(s), Insert, Non-Functioning, Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Den, Foyer, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Poured Concrete, Unfinished, Connecting Stairway, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 4106
  • Living Area Sq Ft: 2933
  • Price Per Sq Ft: 101.94
  • Above Grade Finished Sq Ft: 2933
  • Below Grade Sq Ft: 1173
  • Total Below Grade Sq Ft: 1173
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape
  • View: City, Mountain
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WEST SIDE
  • High School: ALLEGANY
  • Middle Or Junior School: BRADDOCK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 149200.00
  • Land Assessed Value: 11400.00
  • Lot Features: Corner, Sideyard(s)
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9605.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Patio(s), Porch(es), Roof
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 14913002
  • Tax Annual Amount: 3192.00
  • Assessor Parcel Number: 0106024556
  • 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
Sep 9, 2022
Closed on
Jan 31, 2023
Sold by
Bernton Edward W
Bought by
Greise Autum June
Seller's Agent
Ally Litten
Mountainside Home Realty
Buyer's Agent
Josh Greise
Better Homes & Gardens Real Estate Old Line Group
List Price
$370,000
Sold Price
$299,000
Premium/Discount to List
-$71,000
-19.19%
Views
167
Current Estimated Value
$344,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,329
Avg. Annual Appreciation
5.10%
Original Mortgage
$293,584
Outstanding Balance
$281,937
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$62,392

Purchase Details

Closed on
Jun 30, 2006
Sold by
Mullaney Edward P
Bought by
Bernton Edward

Purchase Details

Closed on
Jun 23, 2006
Sold by
Mullaney Edward P
Bought by
Bernton Edward

Purchase Details

Closed on
Mar 25, 1992
Sold by
Jones Charles Edward
Bought by
Mullaney Edward P

Purchase Details

Closed on
Sep 13, 1985
Sold by
Durbin Terry T
Bought by
Jones Charles Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,898
Interest Rate
12.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greise Autum June $299,000 --
Greise Autum June $299,000 None Listed On Document
Bernton Edward $175,000 --
Bernton Edward $175,000 --
Mullaney Edward P $45,000 --
Jones Charles Edward $40,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greise Autum June $293,584
Closed Greise Autum June $293,584
Previous Owner Jones Charles Edward $40,898
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $299,000 0.0% $102 / Sq Ft
10/05/2022 10/05/22 Price Changed $299,000 -3.5% $102 / Sq Ft
09/22/2022 09/22/22 Price Changed $309,900 -16.2% $106 / Sq Ft
09/09/2022 09/09/22 For Sale $370,000 -- $126 / 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 $2,121 $231,467 $0 $0
2024 $1,836 $196,033 $0 $0
2023 $1,494 $160,600 $11,400 $149,200
2022 $1,491 $160,600 $11,400 $149,200
2021 $1,502 $160,600 $11,400 $149,200
2020 $1,521 $163,800 $11,400 $152,400
2019 $1,530 $163,800 $11,400 $152,400
2018 $1,557 $163,800 $11,400 $152,400
2017 $1,651 $174,800 $0 $0
2016 $1,675 $174,800 $0 $0
2015 $1,689 $174,800 $0 $0
2014 $1,689 $174,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004250

Bright MLS

APN: 06-024556