NOT LISTED FOR SALE

550 Eastern Ave Cumberland, MD 21502

Estimated Value: $64,839 - $117,000

3 Beds
1 Bath
688 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $30,000 $44 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $465/month

36 Days on Market

Highlights

  • Space For Rooms
  • Country Kitchen
  • Combination Kitchen and Dining Room
  • No HOA
  • Bungalow
  • Baseboard Heating

About This Home

As of June 2012

needs some work, but could be a low payment for a beginner and/or college rental. kitchen and bath in lower level.walking distance to college and hospital.

Last Agent to Sell the Property

Shirley Lee

3017777410 whitedove@mris.com White Dove Listed on: 03/26/2012

Last Buyer's Agent

Shirley Lee

3017777410 whitedove@mris.com White Dove Listed on: 03/26/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled in 1990

Lot Details

  • 3,844 Sq Ft Lot

Home Design

  • Bungalow
  • Plywood Siding Panel T1-11

Interior Spaces

  • Property has 2 Levels
  • Combination Kitchen and Dining Room
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Space For Rooms
  • Basement Windows

Parking

  • Free Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 259
  • Assessor Parcel Number 0122016083

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1940
  • Year Renovated: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country, Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Heated, Improved, Outside Entrance, Space For Rooms, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Concrete, T-1-11
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Assessed Value: 3800.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3844
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3844.00
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14931155
  • Tax Annual Amount: 73.31
  • Assessor Parcel Number: 0122016083
  • Tax Lot: 259
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jun 28, 2012
Sold by
Southern Specialty Properties Llc
Bought by
Wilson Brian and Clair Amanda
Seller's Agent
Shirley Lee
White Dove
Buyer's Agent
Shirley Lee
White Dove
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%
Current Estimated Value
$83,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,210
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Sep 23, 2011
Sold by
Clacken David
Bought by
Sec Of Housing Urban Dev

Purchase Details

Closed on
Aug 31, 2011
Sold by
Clacken David A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 15, 2008
Sold by
Housing & Urban Dev Sec Of
Bought by
Clacken David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,423
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2008
Sold by
Housing & Urban Dev Sec Of
Bought by
Clacken David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,423
Interest Rate
6.2%
Mortgage Type
FHA
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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Purchase History

Date Buyer Sale Price Title Company
Wilson Brian $30,000 None Available
Sec Of Housing Urban Dev $46,159 --
The Secretary Of Housing & Urban Develop $46,159 None Available
Sec Of Housing Urban Dev $46,159 --
Clacken David $36,000 --
Clacken David $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clacken David $35,423
Previous Owner Clacken David $35,423
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2012 06/28/12 Sold $30,000 +0.3% $44 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $29,900 +87.4% $43 / Sq Ft
03/14/2012 03/14/12 Sold $15,957 -40.9% $23 / Sq Ft View Prior Sale
02/08/2012 02/08/12 Pending -- -- --
01/31/2012 01/31/12 Price Changed $27,000 -14.3% $39 / Sq Ft
01/07/2012 01/07/12 Price Changed $31,500 -12.5% $46 / Sq Ft
12/13/2011 12/13/11 Price Changed $36,000 -11.1% $52 / Sq Ft
11/15/2011 11/15/11 Price Changed $40,500 -10.0% $59 / Sq Ft
10/03/2011 10/03/11 For Sale $45,000 -- $65 / 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 $400 $43,600 $0 $0
2024 $359 $38,300 $0 $0
2023 $307 $33,000 $3,200 $29,800
2022 $297 $32,300 $0 $0
2021 $296 $31,600 $0 $0
2020 $655 $30,900 $3,200 $27,700
2019 $280 $30,267 $0 $0
2018 $274 $29,633 $0 $0
2017 $275 $29,000 $0 $0
2016 $0 $29,000 $0 $0
2015 $312 $29,000 $0 $0
2014 $312 $32,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003908356

Bright MLS

APN: 22-007602