NOT LISTED FOR SALE

612 Holland St Cumberland, MD 21502

Estimated Value: $139,000 - $164,000

-- Bed
2 Baths
2,450 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 23, 2021

Last sale price $85,000 $35 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $922/month

Highlights

  • 2 Fireplaces
  • No HOA
  • Electric Baseboard Heater

About This Home

As of January 2021

Two-unit North-end duplex! Each level features a 2 bedroom 1 bathroom apartment with wood floors, laundry hookups, large kitchen, and spacious living room with fireplace. Electric is metered separately (Apartments heat with electric base) Gas & water are on one meter. Live in one and let the other pay the mortgage, or rent both apartments for maximum earnings potential!

Last Agent to Sell the Property

Seth Loar

(301) 876-0676 seth_loar@hotmail.com Coldwell Banker Premier License #660434 Listed on: 07/14/2020

Coldwell Banker Premier

Last Buyer's Agent

John Thomas

johnmthomas48@gmail.com Perry Wellington Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1938

Lot Details

  • 3,701 Sq Ft Lot

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Plaster Walls
  • Architectural Shingle Roof

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • On-Street Parking

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 7-8
  • Assessor Parcel Number 0105007127

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerators, Stoves
  • New Construction: No
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Remarks Public: Two-unit North-end duplex! Each level features a 2 bedroom 1 bathroom apartment with wood floors, laundry hookups, large kitchen, and spacious living room with fireplace. Electric is metered separately (Apartments heat with electric base) Gas & water are on one meter. Live in one and let the other pay the mortgage, or rent both apartments for maximum earnings potential!
  • Special Features: None

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3276
  • Living Area Sq Ft: 2450
  • Price Per Sq Ft: 43.45
  • Above Grade Finished Sq Ft: 2184
  • Below Grade Finished Sq Ft: 266
  • Below Grade Sq Ft: 826
  • Total Below Grade Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 612

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

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

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: 80600.00
  • Land Assessed Value: 12500.00
  • Land Use Code: 010
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3701.00
  • Year Assessed: 2020
  • Zoning: URBAN RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14909106
  • Tax Annual Amount: 1856.00
  • Assessor Parcel Number: 0105007127
  • Tax Lot: 7-8
  • Tax Total Finished Sq Ft: 2450
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/23/2021

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jan 1, 2021
Sold by
Harris Joel T and Arnold Hugh M
Bought by
Kaisner Michael J
Seller's Agent
Seth Loar
Coldwell Banker Premier
Buyer's Agent
John Thomas
Perry Wellington Realty, LLC
List Price
$109,000
Sold Price
$85,000
Premium/Discount to List
-$24,000
-22.02%
Current Estimated Value
$155,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,833
Avg. Annual Appreciation
13.61%
Original Mortgage
$87,500
Outstanding Balance
$79,441
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$76,392

Purchase Details

Closed on
Nov 4, 2015
Sold by
Arnold Hugh
Bought by
Arnold Hugh and Harris Joel Taylor

Purchase Details

Closed on
Oct 19, 2007
Sold by
Smith Nancy E
Bought by
Arnold Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Smith Nancy E
Bought by
Arnold Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2005
Sold by
Guzick John M
Bought by
Smith Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2004
Sold by
Swauger R and Swauger Olph C
Bought by
Guzick John M

Purchase Details

Closed on
May 22, 1998
Sold by
Bragg Mary C
Bought by
Swauger Randolph C and Swauger Janet W
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
Kaisner Michael J $85,000 None Available
Arnold Hugh -- Attorney
Arnold Hugh $126,000 --
Arnold Hugh $126,000 --
Smith Nancy E $123,000 --
Guzick John M $112,000 --
Swauger Randolph C $62,500 --
Bragg Mary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaisner Michael J $87,500
Previous Owner Arnold Hugh $88,200
Previous Owner Arnold Hugh $88,200
Previous Owner Smith Nancy E $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2021 01/23/21 Sold $85,000 -10.4% $35 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/12/2020 11/12/20 Price Changed $94,900 -5.0% $39 / Sq Ft
10/13/2020 10/13/20 Price Changed $99,900 -8.3% $41 / Sq Ft
07/14/2020 07/14/20 For Sale $109,000 -- $44 / 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 $1,181 $128,900 $0 $0
2024 $1,026 $109,500 $0 $0
2023 $838 $90,100 $7,500 $82,600
2022 $836 $90,100 $7,500 $82,600
2021 $843 $90,100 $7,500 $82,600
2020 $865 $93,100 $12,500 $80,600
2019 $870 $93,100 $12,500 $80,600
2018 $885 $93,100 $12,500 $80,600
2017 $941 $102,400 $0 $0
2016 $475 $99,233 $0 $0
2015 $896 $96,067 $0 $0
2014 $896 $92,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL134700

Bright MLS

APN: 05-007127