NOT LISTED FOR SALE

561 Patterson Ave Cumberland, MD 21502

Estimated Value: $30,000 - $135,000

0.17 Acre
$403,924 Price per Acre
7,500 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $2,500

Est. 2,647% increase in value since last sale

Current estimated payment $370/month

About This Lot

As of November 2017

THE PRICE IS RIGHT on this nice residential building lot. Build your future home or investment property here, or buy and hold, it's a great investment since it's priced well below tax assessed value. Also includes tax ID# 0106018904. Public water, sewer, & natural gas available. If you are looking for a lot to build on or a land investment, don't miss this one.

Last Agent to Sell the Property

Jacob VanMeter

(304) 813-5445 jakelvanmeter@gmail.com RE/MAX Real Estate Group License #WV0028134 Listed on: 12/09/2016

RE/MAX Real Estate Group

Last Buyer's Agent

Nadine Molas

(703) 843-5723 nadinemolas@gmail.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 7,500 Sq Ft Lot
  • Cost To Obtain Building Permits

Schools

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

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • West Side Subdivision

Listing and Financial Details

  • Tax Lot 5-6
  • Assessor Parcel Number 0106018920

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: THE PRICE IS RIGHT on this nice residential building lot. Build your future home or investment property here, or buy and hold, it's a great investment since it's priced well below tax assessed value. Also includes tax ID# 0106018904. Public water, sewer, & natural gas available. If you are looking for a lot to build on or a land investment, don't miss this one.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.39
  • Street Number Modifier: 561

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • Elementary School: WEST SIDE
  • Middle School: BRADDOCK
  • High School: ALLEGANY
  • School District Key: 121140562208
  • Elementary School: WEST SIDE
  • High School: ALLEGANY
  • Middle Or Junior School: BRADDOCK

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Possible Use: Residential
  • Year Assessed: 2013
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14912538
  • Tax Annual Amount: 166.56
  • Assessor Parcel Number: 0106018920
  • Tax Lot: 5-6
  • Tax Year: 2012
  • Close Date: 11/17/2017

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Nov 15, 2017
Sold by
Carscaden John
Bought by
Marroquin Jorge A and Marr Jorge A
Seller's Agent
Jacob VanMeter
RE/MAX Real Estate Group
Buyer's Agent
Nadine Molas
TTR Sotheby's International Realty
List Price
$3,500
Sold Price
$2,500
Premium/Discount to List
-$1,000
-28.57%
Current Estimated Value
$68,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,167
Avg. Annual Appreciation
51.78%
Source: Public Records

Range of Values:

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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
Marroquin Jorge A $2,500 Avance Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $2,500 -13.8% --
09/15/2017 09/15/17 Price Changed $2,900 -3.3% --
07/14/2017 07/14/17 Price Changed $3,000 -14.3% --
12/09/2016 12/09/16 For Sale $3,500 -- --
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 $80 $8,700 $8,700 $0
2024 $82 $8,700 $8,700 $0
2023 $81 $8,700 $8,700 $0
2022 $77 $8,300 $0 $0
2021 $74 $7,900 $0 $0
2020 $70 $7,500 $7,500 $0
2019 $70 $7,500 $7,500 $0
2018 $71 $7,500 $7,500 $0
2017 $71 $7,500 $0 $0
2016 $72 $7,500 $0 $0
2015 $84 $7,500 $0 $0
2014 $84 $8,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000127865

Bright MLS

APN: 06-018920