NOT LISTED FOR SALE

614 Columbia Ave Cumberland, MD 21502

Studio
4 Baths
2,868 Sq Ft
4,653 Sq Ft Lot

Sale Details

Date Sold: January 4, 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) 983-0200 kelly.nicklas@cbmove.com Coldwell Banker Realty License #SP98361040 Listed on: 10/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Aaron Hendrickson

(301) 689-8857 info@thegoodfellowagency.com The Goodfellow Agency License #652917

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

4,653 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 10/12/2023 12:00:00 AM
  • Year Built: 1910
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome

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

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 Source: Listing Agent
  • High School: ALLEGANY

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4653.00
  • 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
0.0592%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2023
Closed on
Jan 2, 2024
Sold by
Bought by
Seller's Agent
Roger Weaver
Coldwell Banker Realty
Buyer's Agent
Aaron Hendrickson
The Goodfellow Agency
List Price
$138,900
Sold Price
$123,000
Premium/Discount to List
-$15,900
-11.45%
Views
431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
0.0661%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 9, 2023
Sold by
Bought by
Seller's Agent
Hannah Wigfield
EXP Realty, LLC
Buyer's Agent
Roger Weaver
Coldwell Banker Realty
List Price
$105,000
Sold Price
$118,000
Premium/Discount to List
$13,000
12.38%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$2,123
Interest Rate
0.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2016
Closed on
Apr 20, 2017
Sold by
Bought by
Seller's Agent
Kathleen Miller
Better Homes & Gardens Real Estate Old Line Group
Buyer's Agent
Susan Knisley
The Goodfellow Agency
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$53,000
Interest Rate
0.043%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 1984
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Title365
$123,000 None Listed On Document
$118,000 Title Resources Guaranty Compa
$70,000 None Available
-- --
$39,900 --
$29,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $123,000
Closed $116,850
Closed $2,123
Closed $53,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $979 $106,833 $0 $0
2024 $787 $83,967 $0 $0
2023 $568 $61,100 $4,100 $57,000
2022 $567 $61,100 $4,100 $57,000
2021 $571 $61,100 $4,100 $57,000
2020 $621 $66,900 $8,100 $58,800
2019 $625 $66,900 $8,100 $58,800
2018 $636 $66,900 $8,100 $58,800
2017 $665 $70,400 $0 $0
2016 $675 $70,400 $0 $0
2015 $842 $70,400 $0 $0
2014 $842 $87,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2007238

Bright MLS

APN: 05-015243

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