NOT LISTED FOR SALE

624 N Centre St Cumberland, MD 21502

Estimated Value: $39,198

-- Bed
4 Baths
2,862 Sq Ft
$14/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $26,000 $9 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $233/month

267 Days on Market

Highlights

  • No HOA
  • Cash Valley Elementary School Rated 9+
  • Radiator

About This Home

As of June 2020

All brick duplex with a convenient location! 3 beds/1 bath on each side. Renovations were started, but not competed. Just waiting on your finishing touches! 624 has a heating system, but 626 does not. As-Is addendum required with all offers.

Last Agent to Sell the Property

Seth Loar

(301) 876-0676 seth_loar@hotmail.com Coldwell Banker Premier License #660434 Listed on: 09/03/2019

Coldwell Banker Premier

Last Buyer's Agent

Stephen MacGray

(301) 707-8888 steve@charisrealty.com Charis Realty Group License #652984

Charis Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,931 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2,862 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0105009022

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2862
  • Living Area Sq Ft: 2862
  • Price Per Sq Ft: 10.45
  • Above Grade Finished Sq Ft: 2862
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2931.00
  • Property Condition: Below Average
  • Zoning: M
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1207.00
  • Assessor Parcel Number: 0105009022
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • 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
Sep 3, 2019
Closed on
Jun 12, 2020
Sold by
Mclean Paula
Bought by
439 Grand Llc
Seller's Agent
Seth Loar
Coldwell Banker Premier
Buyer's Agent
Stephen MacGray
Charis Realty Group
List Price
$39,500
Sold Price
$26,000
Premium/Discount to List
-$13,500
-34.18%
Current Estimated Value
$39,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,198
Avg. Annual Appreciation
7.76%
Original Mortgage
$26,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 26, 2018
Closed on
Jan 29, 2019
Sold by
Lucas Donald
Bought by
Mclean Paula
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Seth Loar
Coldwell Banker Premier
List Price
$22,900
Sold Price
$13,500
Premium/Discount to List
-$9,400
-41.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.35%

Purchase Details

Listed on
Dec 26, 2018
Closed on
Dec 21, 2018
Sold by
Rice Bonnie S
Bought by
Lucas Donald G
Seller's Agent
Dennis Murray
Century 21 Potomac West
Buyer's Agent
Seth Loar
Coldwell Banker Premier
List Price
$22,900
Sold Price
$13,500
Premium/Discount to List
-$9,400
-41.05%

Purchase Details

Closed on
May 1, 1990
Sold by
Miconi Guy N
Bought by
Rice Wayne W-Bonnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
10.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
439 Grand Llc $26,000 Lexicon Title Llc
Mclean Paula $13,500 None Available
Lucas Donald G $5,000 None Available
Rice Wayne W-Bonnie S $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 439 Grand Llc $26,000
Previous Owner Rice Wayne W-Bonnie S $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $26,000 -13.0% $9 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $29,900 -6.6% $10 / Sq Ft
11/12/2019 11/12/19 Price Changed $32,000 -7.2% $11 / Sq Ft
10/02/2019 10/02/19 Price Changed $34,500 -12.7% $12 / Sq Ft
09/03/2019 09/03/19 For Sale $39,500 +192.6% $14 / Sq Ft
01/29/2019 01/29/19 Sold $13,500 -28.6% $5 / Sq Ft View Prior Sale
01/06/2019 01/06/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $18,900 -17.5% $7 / Sq Ft
12/26/2018 12/26/18 For Sale $22,900 -- $8 / 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 $328 $35,800 $0 $0
2024 $306 $32,700 $0 $0
2023 $275 $29,600 $3,000 $26,600
2022 $275 $29,600 $3,000 $26,600
2021 $277 $29,600 $3,000 $26,600
2020 $563 $60,600 $3,000 $57,600
2019 $566 $60,567 $0 $0
2018 $570 $60,533 $0 $0
2017 $574 $60,500 $0 $0
2016 $580 $60,500 $0 $0
2015 $585 $60,500 $0 $0
2014 $585 $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Seth Loar

    Seller's Agent in 2020

    Seth Loar

    Coldwell Banker Premier

    (301) 876-0676

    314 Total Sales

    Seth Loar
    Section Image
  • Stephen MacGray

    Buyer's Agent in 2020

    Stephen MacGray

    Charis Realty Group

    (301) 707-8888

    338 Total Sales

    Stephen MacGray
    Section Image
  • Dennis Murray

    Seller's Agent in 2019

    Dennis Murray

    Century 21 Potomac West

    (240) 580-0379

    253 Total Sales

    Dennis Murray
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAL132642

Bright MLS

APN: 05-009022

Maryland Allegany County Cumberland 21502

624 N Centre St, Cumberland, MD

Not Listed for Sale

MultiFamily

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