NOT LISTED FOR SALE

614 Columbia Ave Cumberland, MD 21502

-- Bed
4 Baths
2,868 Sq Ft
4,653 Sq Ft Lot

Last Sold January 04, 2024

Last sale price $123,000 $43 Per Sq Ft

54 Days on Market

About This Home

As of January 2024

Now available, 4 unit that at this listing is 75% rented, and one unit currently being advertised. All units were recently painted and licenses. Variety of units - (1) one bedroom unit, (2) Three bedroom Units, (1) Two Bedroom Units. At full occupancy, rent is $2550. Many updates an repairs done over the last year. Call L/A for more information. Open House, where agent will be on premises to show. Property will be sold AS-IS.

Last Agent to Sell the Property

Roger Weaver

(301) 332-0829 roger@cnlteam.com Coldwell Banker Realty License #SP98361040 Listed on: 10/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Aaron Hendrickson

(301) 707-4675 aaron@carterandroque.com The Goodfellow Agency License #WVS210301490

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1910 | Remodeled in 2023

Lot Details

  • 4,653 Sq Ft Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Shingle Siding
  • Vinyl Siding

Parking

  • 3 Parking Spaces
  • 3 Off-Street Spaces

Schools

  • Allegany High School

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water, real estate taxes, snow removal, sewer, repairs, gas
  • Tax Lot 56
  • Assessor Parcel Number 0105015243

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Gross Income $30,600
  • Net Operating Income $16,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1910 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-10-12
  • Year Built: 1910
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Total Sq Ft: 4248
  • Living Area Sq Ft: 2868
  • Price Per Sq Ft: 48.43
  • Above Grade Finished Sq Ft: 2868
  • Below Grade Sq Ft: 1380
  • Total Below Grade Sq Ft: 1380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 614-616

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Shingle Siding
  • 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: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

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

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4653.00
  • Year Assessed: 2023
  • Zoning: RESIDENT
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water, Taxes - Real Estate, Snow Removal, Sewer, Repairs, Gas
  • Rent Control: No
  • Total Actual Rent: 30600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1214.00
  • Assessor Parcel Number: 0105015243
  • Tax Lot: 56
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/04/2024

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 2550.00
  • Gross Scheduled Income: 30600.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 6.25

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2024 01/04/24 Sold $123,000 -11.4% $43 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $138,900 +17.7% $48 / Sq Ft
06/09/2023 06/09/23 Sold $118,000 +12.4% $41 / Sq Ft View Prior Sale
05/17/2023 05/17/23 For Sale $105,000 +50.0% $37 / Sq Ft
04/22/2017 04/22/17 Sold $70,000 0.0% $24 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $70,000 -6.7% $24 / Sq Ft
09/27/2016 09/27/16 For Sale $75,000 -- $26 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Roger Weaver

    Seller's Agent in 2024

    Roger Weaver

    Coldwell Banker Realty

    (301) 332-0829

    35 Total Sales

    Roger Weaver
    Section Image
  • Aaron Hendrickson

    Buyer's Agent in 2024

    Aaron Hendrickson

    The Goodfellow Agency

    (301) 707-4675

    66 Total Sales

    Aaron Hendrickson
    Section Image
  • Hannah Wigfield

    Seller's Agent in 2023

    Hannah Wigfield

    EXP Realty, LLC

    (240) 291-0223

    104 Total Sales

    Hannah Wigfield
    Section Image
  • Kathleen Miller

    Seller's Agent in 2017

    Kathleen Miller

    Better Homes & Gardens Real Estate Old Line Group

    (301) 463-5784

    75 Total Sales

    Kathleen Miller
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Knisley

    The Goodfellow Agency

See All Agents

Map

Source: Bright MLS

MLS Number: MDAL2007238

Bright MLS

APN: 05-015243

Maryland Allegany County Cumberland 21502

614 Columbia Ave, Cumberland, MD

This home is located at 614 Columbia Ave, Cumberland, MD 21502 since 12 October 2023. This property was built in 1910. 614 Columbia Ave is a home located in Allegany County with nearby schools including Northeast Elementary School, Braddock Middle School, and Allegany High School.

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