NOT LISTED FOR SALE

57 Spring St Frostburg, MD 21532

Estimated Value: $48,000 - $135,000

-- Bed
2 Baths
2,233 Sq Ft
$44/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $43,000 $19 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $574/month

Highlights

  • Traditional Architecture
  • No HOA
  • Electric Baseboard Heater
  • Beall Elementary School Rated 9+
  • 1 Car Attached Garage
  • Replacement Windows

About This Home

As of November 2020

Priced to Sell. Large over/under duplex walking distance to Frostburg University yet on a quiet street. Large side yard and parking lot. Each unit has their own large laundry rooms. Live in one unit, rent the other. Attention Investors: Lower level has third bedroom option. Maximize your student rental opportunity. Brand new carpet in many of the rooms and fresh paint. Majority of the windows are replacement. Add your finishing touches to get the rent rolling.

Last Agent to Sell the Property

Heather Brailer

Charis Realty Group License #675324 Listed on: 09/23/2020

Charis Realty Group

Last Buyer's Agent

Tina Llewellyn

The Goodfellow Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1869

Lot Details

  • 7,500

Parking

  • 1 Car Attached Garage
  • 6 Open Parking Spaces
  • Basement Garage
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Corrugated Siding

Interior Spaces

  • 2,233 Sq Ft Home
  • Replacement Windows
  • Double Hung Windows
  • Basement
  • Garage Access
  • Electric Oven or Range

Additional Features

  • 7,500 Sq Ft Lot
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 8-9
  • Assessor Parcel Number 0112004591

Property Details

Home Type

Multi-Family

Year Built

Built in 1869

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-10-03
  • Year Built: 1869
  • Automatically Close On Close Date: No
  • Remarks Public: Priced to Sell. Large over/under duplex walking distance to Frostburg University yet on a quiet street. Large side yard and parking lot. Each unit has their own large laundry rooms. Live in one unit, rent the other. Attention Investors: Lower level has third bedroom option. Maximize your student rental opportunity. Brand new carpet in many of the rooms and fresh paint. Majority of the windows are replacement. Add your finishing touches to get the rent rolling.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Window Features: Double Hung, Replacement
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Garage Access
  • Total Sq Ft: 2233
  • Living Area Sq Ft: 2233
  • Price Per Sq Ft: 25.53
  • Above Grade Finished Sq Ft: 2233
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 57

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Corrugated Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Off Street, Parking Lot, On Street, Attached Garage
  • Parking Lot Number Of Spaces: 6

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45800.00
  • Land Assessed Value: 15300.00
  • Land Use Code: 010
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2020
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14922885
  • Tax Annual Amount: 1461.00
  • Assessor Parcel Number: 0112004591
  • Tax Lot: 8-9
  • Tax Total Finished Sq Ft: 2233
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/12/2020

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 12, 2020
Sold by
Stapleton David E
Bought by
Flannery Michael
Seller's Agent
Heather Brailer
Charis Realty Group
Buyer's Agent
Tina Llewellyn
The Goodfellow Agency
List Price
$57,000
Sold Price
$43,000
Premium/Discount to List
-$14,000
-24.56%
Current Estimated Value
$97,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,426
Avg. Annual Appreciation
16.23%

Purchase Details

Listed on
Jan 28, 2020
Closed on
May 20, 2020
Sold by
Federal National Mortgage Association
Bought by
Stapleton David Ellis
Seller's Agent
Dennis White
Homes & Land Real Estate
Buyer's Agent
Dennis White
Homes & Land Real Estate
List Price
$34,900
Sold Price
$17,000
Premium/Discount to List
-$17,901
-51.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
765.53%

Purchase Details

Closed on
Oct 5, 2018
Sold by
Shafer Thomas Sloan
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 30, 2018
Sold by
Shafer Thomas Sloan
Bought by
Cohn Edward S and Goldberg Stephen N

Purchase Details

Closed on
Oct 1, 2004
Sold by
Whitaker R and Whitaker Y
Bought by
Shafer Thomas Sloan

Purchase Details

Closed on
Oct 24, 2002
Sold by
Vinci Steven Ray and Vinci Raymond E
Bought by
Whitaker Randy C and Whitaker Carl D

Purchase Details

Closed on
Sep 3, 1991
Sold by
Bollocks Inc
Bought by
Vinci Steven Ray-Raymond E
Source: Public Records

Range of Values:

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Average Value
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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
Flannery Michael $43,000 None Available
Stapleton David Ellis $16,999 Secuirty American Title Llc
Federal National Mortgage Association $52,404 None Available
Cohn Edward S -- None Available
Shafer Thomas Sloan $98,000 --
Whitaker Randy C $60,000 --
Vinci Steven Ray-Raymond E $44,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Whitaker Randy C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $43,000 -24.6% $19 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $57,000 +235.3% $26 / Sq Ft
06/09/2020 06/09/20 Sold $17,000 -51.3% $8 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $34,900 +105.3% $16 / Sq Ft
04/30/2020 04/30/20 Off Market $17,000 -- --
03/17/2020 03/17/20 Price Changed $34,900 -12.5% $16 / Sq Ft
02/28/2020 02/28/20 Price Changed $39,900 -11.1% $18 / Sq Ft
02/14/2020 02/14/20 Price Changed $44,900 -9.7% $20 / Sq Ft
01/28/2020 01/28/20 For Sale $49,750 -- $22 / 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 $662 $65,600 $15,300 $50,300
2024 $662 $64,100 $0 $0
2023 $632 $62,600 $0 $0
2022 $0 $61,100 $15,300 $45,800
2021 $622 $61,100 $15,300 $45,800
2020 $600 $61,100 $15,300 $45,800
2019 $855 $86,400 $15,300 $71,100
2018 $859 $86,400 $15,300 $71,100
2017 $1,015 $86,400 $0 $0
2016 $1,026 $105,400 $0 $0
2015 $1,033 $105,400 $0 $0
2014 $1,033 $105,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL135200

Bright MLS

APN: 12-004591