NOT LISTED FOR SALE

525 Furnace St Cumberland, MD 21502

Estimated Value: $88,000 - $136,000

3 Beds
1 Bath
1,688 Sq Ft
$61/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $24,000 $14 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $593/month

63 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of May 2019

This home has lots of character, large rooms, 2 stairways, lots of woodwork, decorative fireplace and much more. On the outside newer windows, nice vinyl siding and a large yard with a place to make off street parking. This property may qualify for Seller Financing (Vendee)

Last Agent to Sell the Property

Kathleen Miller

(301) 463-5784 kathymiller1256@gmail.com Better Homes & Gardens Real Estate Old Line Group License #19797 Listed on: 02/22/2019

Better Homes & Gardens Real Estate Old Line Group

Last Buyer's Agent

Kathleen Miller

(301) 463-5784 kathymiller1256@gmail.com Better Homes & Gardens Real Estate Old Line Group License #19797 Listed on: 02/22/2019

Better Homes & Gardens Real Estate Old Line Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 7,850

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,688 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 7,850 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0105023467

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1688
  • Living Area Sq Ft: 1688
  • Price Per Sq Ft: 16.00
  • Above Grade Finished Sq Ft: 1688
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Frame
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: 51200.00
  • Land Assessed Value: 5800.00
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7850.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14910493
  • Tax Annual Amount: 935.00
  • Assessor Parcel Number: 0105023467
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 22, 2019
Sold by
Secretary Of Veteranu Afians Officer
Bought by
Kerr Kyle M
Seller's Agent
Kathleen Miller
Better Homes & Gardens Real Estate Old Line Group
Buyer's Agent
Kathleen Miller
Better Homes & Gardens Real Estate Old Line Group
List Price
$30,750
Sold Price
$24,000
Premium/Discount to List
-$6,750
-21.95%
Current Estimated Value
$103,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,475
Avg. Annual Appreciation
24.99%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 21, 2018
Sold by
Robinson David C
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Dec 19, 2016
Closed on
Mar 31, 2017
Sold by
Zegles Susanne B
Bought by
Robinson David C
Seller's Agent
Cynthia Barron
Better Homes & Gardens Real Estate Old Line Group
Buyer's Agent
David Riddle Jr.
Charis Realty Group
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$62,000
Interest Rate
4.15%
Mortgage Type
VA
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
Kerr Kyle M $24,000 None Available
Secretary Of Veterans Affairs -- None Available
Pennymac Loan Services Llc $21,853 None Available
Robinson David C $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson David C $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2019 05/30/19 Sold $24,000 -11.1% $14 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $27,000 -12.2% $16 / Sq Ft
02/22/2019 02/22/19 For Sale $30,750 -50.4% $18 / Sq Ft
03/31/2017 03/31/17 Sold $62,000 -4.5% $37 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $64,900 -- $38 / 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 $588 $64,167 $0 $0
2024 $549 $58,633 $0 $0
2023 $494 $53,100 $5,800 $47,300
2022 $493 $53,100 $5,800 $47,300
2021 $497 $53,100 $5,800 $47,300
2020 $529 $57,000 $5,800 $51,200
2019 $484 $51,767 $0 $0
2018 $438 $46,533 $0 $0
2017 $392 $41,300 $0 $0
2016 $396 $41,300 $0 $0
2015 $560 $41,300 $0 $0
2014 $560 $58,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL130030

Bright MLS

APN: 05-023467