NOT LISTED FOR SALE

532 Washington St Cumberland, MD 21502

Studio
8 Baths
9,136 Sq Ft
0.34 Acres

Last Sold October 16, 2024

Last sale price $790,000 $86 Per Sq Ft

40 Days on Market

Highlights

  • Scenic Views
  • Traditional Floor Plan
  • Attic
  • Colonial Architecture
  • Marble Flooring
  • 8 Fireplaces

About This Home

As of October 2024

A unique investment opportunity located in the Washington Street Historic District! Presenting a furnished, 4 unit property that was professionally restored and meticulously renovated. Whether you’re looking to scale up your Airbnb portfolio with a manageable multi-unit property or interested in long term rental option, this stately turn-of-the-century has you covered. Built in 1912, this five-bay Colonial Revival greets you with stunning hardscaping and lush landscaping. The driveway is composed of 200 year-old rose colored granite cobblestones framed by red brick sidewalks. An open terrace stretches across the stucco facade and the enclosed colonnaded porch. The principal windows feature double-hung wooden sashes with six-over-one lights and exterior shutters. Raising your gaze, you’ll notice round arch windows across the front, external end chimneys, original copper gutters, and three dormers resting on the green terracotta tile roof. In 1946, the home was divided into two main residences and two smaller residences in the lower level. Through the front door, the vestibule provides access to Suites 1 and 2. You will be delighted to find original oak floors, intricate historic elements and expertly designed spaces. As you enter Suite 1, you are greeted by an open foyer with staircase and large living room with office nook. Four decorative French doors provide a captivating entrance to the light-filled dining room with intricately adorned floor-to-ceiling windows, cozy fireplace, and a pass through to the completely renovated kitchen featuring granite countertops, gas stove, and double ovens. Upstairs, the large primary bedroom provides access to a spectacular rooftop terrace. Enjoy views of Wills Mountain and the surrounding neighborhood while sitting in the shade of a towering 250 year old oak tree. Through the primary is a walk-in closet with stunning wood paneling and primary en suite bathroom. Across all four units, every bathrooms was renovated with elegant marble walls + floors, brass fixtures, marble top vanity sinks, and more. Down the hall is the first guest suite with sizable en suite. The third floor has the remaining two guest bedrooms, laundry room and full bathroom. Suite 2 welcomes you with an open foyer, elegant staircase and large living room with more of the same beautiful woodwork, French doors, and fireplace. The spacious first floor also includes a powder room, dining room and upgraded kitchen complete with granite countertops and gas stove. The second floor accommodates the oversized primary bedroom with ensuite bathroom and down the hall are the first two guest rooms and shared bathroom. The final bedroom, bathroom and laundry room can be found on the third floor. Making your way back outside and down the side stairs, a lower terrace provides access to Suites 3 + 4. Suite 3 is located at the end of the hallway and continues the theme of open foyers. A well positioned unit with a pleasant flow from dining room, kitchen, family room, bedroom and bathroom with walk-in shower. A large exterior porch spanning the entirety of the unit offers private outdoor space with beautiful views. Suite 4 is the final unit with functional kitchen, cozy family room, bedroom and full bathroom featuring a clawfoot tub/shower. Heading back outside and continuing down the stairs, the backyard was leveled and planted with hydro seed grass. Over 500 bushes were planted, eg: golden star junipers, Hollywood twisted juniper, red barberry, dwarf boxwoods, and juniper ground cover. This is a wonderful opportunity to own a historically significant property in the heart of Downtown Cumberland!

Last Agent to Sell the Property

Morgan Boyer

(703) 443-1757 morganmartinboyer@gmail.com Hunt Country Sotheby's International Realty License #5007271 Listed on: 07/23/2024

Hunt Country Sotheby's International Realty

Last Buyer's Agent

Brendan Wilson

(703) 535-3610 smccullar@kw.com KW Metro Center License #5016683

KW Metro Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1920 | Remodeled in 2014

Lot Details

  • 0.34 Acre Lot
  • Downtown Location
  • Landscaped
  • Extensive Hardscape
  • Back Yard
  • Property is in very good condition

Property Views

  • Scenic Vista
  • Garden

Home Design

  • Quadruplex
  • Colonial Architecture
  • Combination Foundation
  • Plaster Walls
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Paneling
  • Ceiling height of 9 feet or more
  • 8 Fireplaces
  • Double Hung Windows
  • French Doors
  • Formal Dining Room
  • Dryer
  • Attic
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Home Security

  • Home Security System
  • Exterior Cameras

Parking

  • Private Parking
  • Stone Driveway
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Baseboard Heater
  • 200+ Amp Service
  • 60 Gallon+ Natural Gas Water Heater

Community Details

  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Assessor Parcel Number 0106021603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,195

Year Built

Built in 1920 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Dryer, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator
  • Flooring Type: Ceramic Tile, Carpet, Hardwood, Marble
  • Interior Amenities: Attic, Built-Ins, Chair Railings, Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Bathroom - Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung
  • Fireplaces Count: 8
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, High, Plaster Walls, Paneled Walls
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Combination, Unfinished
  • Total Sq Ft: 10052
  • Living Area Sq Ft: 9136
  • Price Per Sq Ft: 131.40
  • Above Grade Finished Sq Ft: 7036
  • Below Grade Finished Sq Ft: 2100
  • Below Grade Sq Ft: 916
  • Total Below Grade Sq Ft: 3016
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Street Lights
  • Roof: Tile
  • View: Scenic Vista, Street, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Stone Driveway
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Baseboard - Electric
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Security: Security System, Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Appliances

Lot Info

  • Lot Features: Landscaping, Rear Yard
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14720.00
  • Outdoor Living Structures: Enclosed, Porch(es), Roof
  • Property Condition: Very Good
  • Zoning: URBAN RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2195.00
  • Assessor Parcel Number: 0106021603
  • Tax Year: 2024

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Sold $790,000 0.0% $86 / Sq Ft
10/16/2024 10/16/24 Sold $790,000 -14.5% $86 / Sq Ft View Prior Sale
07/23/2024 07/23/24 For Sale $924,500 0.0% $101 / Sq Ft
07/23/2024 07/23/24 For Sale $924,500 +156.8% $101 / Sq Ft
03/17/2017 03/17/17 Sold $360,000 -20.0% $36 / Sq Ft View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
07/30/2016 07/30/16 Price Changed $450,000 -15.1% $45 / Sq Ft
07/24/2016 07/24/16 Price Changed $530,000 -13.8% $53 / Sq Ft
03/29/2016 03/29/16 For Sale $615,000 +207.3% $61 / Sq Ft
10/15/2013 10/15/13 Sold $200,137 +0.1% $30 / Sq Ft View Prior Sale
09/05/2013 09/05/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $199,900 -- $30 / Sq Ft
Source: Bright MLS

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 $5,337 $582,367 $0 $0
2024 $4,337 $462,933 $0 $0
2023 $3,196 $343,500 $33,300 $310,200
2022 $3,188 $343,500 $33,300 $310,200
2021 $3,212 $343,500 $33,300 $310,200
2020 $3,366 $362,500 $33,300 $329,200
2019 $3,207 $343,267 $0 $0
2018 $3,080 $324,033 $0 $0
2017 $2,892 $304,800 $0 $0
2016 $2,921 $304,800 $0 $0
2015 $3,078 $304,800 $0 $0
2014 $3,078 $318,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2009536

Bright MLS

APN: 06-015077