NOT LISTED FOR SALE

601 Sylvan Ave Cumberland, MD 21502

Estimated Value: $86,000 - $114,000

2 Beds
1 Bath
891 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $15,500 $17 Per Sq Ft

Est. 521% increase in value since last sale

Current estimated payment $548/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2017

Big price reduction!! Cape cod with central air. 2 beds, 1 full bath. Some repairs made. Good investment opportunity.

Last Agent to Sell the Property

John Thomas

johnmthomas48@gmail.com Perry Wellington Realty, LLC Listed on: 11/19/2016

Last Buyer's Agent

Stacey Hutzell

(301) 268-8502 staceyucrealtor@gmail.com Homes & Land Real Estate License #RSR001219

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 9,632 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0105007003

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1931
  • Remarks Public: Big price reduction!! Cape cod with central air. 2 beds, 1 full bath. Some repairs made. Good investment opportunity.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater, Refrigerator, Stove
  • Interior Amenities: Window Treatments
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Pool Private: No
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208

Lot Info

  • Improvement Assessed Value: 37800.00
  • Land Assessed Value: 11400.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9632
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9632.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14909095
  • Tax Annual Amount: 945.92
  • Assessor Parcel Number: 0105007003
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 891
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 09/05/2017

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2016
Closed on
Sep 6, 2017
Sold by
Brotemarkle Jean Marie and Estate Of Margaret C Leasure
Bought by
Kennell Richard L
Seller's Agent
John Thomas
Perry Wellington Realty, LLC
Buyer's Agent
Stacey Hutzell
Homes & Land Real Estate
List Price
$25,000
Sold Price
$15,500
Premium/Discount to List
-$9,500
-38%
Current Estimated Value
$96,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,783
Avg. Annual Appreciation
25.15%

Purchase Details

Closed on
May 28, 1987
Sold by
Cosgrove Edward R
Bought by
Leasure Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
10.81%
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
Kennell Richard L $15,000 None Available
Leasure Margaret C $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leasure Margaret C $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2017 09/05/17 Sold $15,500 -38.0% $17 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $25,000 0.0% $28 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
07/28/2017 07/28/17 Price Changed $25,000 -13.8% $28 / Sq Ft
05/13/2017 05/13/17 Price Changed $29,000 -17.8% $33 / Sq Ft
11/19/2016 11/19/16 For Sale $35,300 -- $40 / 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 $467 $50,933 $0 $0
2024 $427 $45,567 $0 $0
2023 $374 $40,200 $11,400 $28,800
2022 $370 $39,833 $0 $0
2021 $369 $39,467 $0 $0
2020 $363 $39,100 $11,400 $27,700
2019 $365 $39,100 $11,400 $27,700
2018 $118 $12,400 $11,400 $1,000
2017 $465 $49,200 $0 $0
2016 -- $49,200 $0 $0
2015 -- $49,200 $0 $0
2014 -- $56,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003919697

Bright MLS

APN: 05-007003