NOT LISTED FOR SALE

68 Armstrong St Frostburg, MD 21532

Estimated Value: $60,000 - $102,000

1 Bed
2 Baths
864 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $60,000 $69 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $500/month

51 Days on Market

Highlights

  • Curved or Spiral Staircase
  • Mountain View
  • Loft
  • Beall Elementary School Rated 9+
  • Traditional Architecture
  • No HOA

About This Home

As of February 2023

This home has lots of potential for a first-time homeowner, investor or flipper. The price is is a steal and the home is located in a desirable neighborhood just outside Frostburg city limits in the Grahamtown subdivision. With a little elbow grease, you are bound to see your sweat equity turn into dollar signs in no time.
This home features a nice flatter lot, plenty of parking, an open concept kitchen/living space, a spiral staircase leading to the second floor loft and there are full bathrooms on both levels.
There are 2 rooms on the main floor that you could use as bedrooms and the entire 2nd floor is a large bedroom loft with a closet, lots of light including a skylight as well as a full bath.
Laundry hookups are located on the main floor for added convenience.
MORE PICTURES TO COME!!!!!!!!

Last Agent to Sell the Property

Gina Kenny

(240) 520-0976 gmariekenny@gmail.com Long & Foster Real Estate, Inc. Listed on: 11/07/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jeremy Rice

(301) 697-0106 jeremy@carterandroque.com Better Homes & Gardens Real Estate Old Line Group License #5010595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1920

Lot Details

  • 9,600 Sq Ft Lot
  • Back and Front Yard
  • Property is in average condition

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Property has 2 Levels
  • Curved or Spiral Staircase
  • Bay Window
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • Bonus Room
  • Utility Room
  • Mountain Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Side Exterior Basement Entry
  • Sump Pump

Parking

  • 8 Parking Spaces
  • 3 Driveway Spaces
  • 1 Attached Carport Space
  • Private Parking
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0112004966

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-11-22
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: This home has lots of potential for a first-time homeowner, investor or flipper. The price is is a steal and the home is located in a desirable neighborhood just outside Frostburg city limits in the Grahamtown subdivision. With a little elbow grease, you are bound to see your sweat equity turn into dollar signs in no time. This home features a nice flatter lot, plenty of parking, an open concept kitchen/living space, a spiral staircase leading to the second floor loft and there are full bathrooms on both levels. There are 2 rooms on the main floor that you could use as bedrooms and the entire 2nd floor is a large bedroom loft with a closet, lots of light including a skylight as well as a full bath. Laundry hookups are located on the main floor for added convenience. MORE PICTURES TO COME!!!!!!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Water Heater, Oven/Range - Gas, Microwave
  • Interior Amenities: Spiral Staircase, Family Room Off Kitchen, Kitchen - Island, Stall Shower, Tub Shower
  • Window Features: Bay/Bow
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Loft, Utility Room, Bathroom 1, Bathroom 2, Bonus Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Sump Pump, Unfinished
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 75.12
  • Above Grade Finished Sq Ft: 864
  • Below Grade Sq Ft: 432
  • Total Below Grade Sq Ft: 432
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 68

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Private
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Carport, Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Other, Natural Gas Available
  • 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
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 44700.00
  • Land Assessed Value: 19600.00
  • Land Use Code: R
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9600.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14922918
  • Tax Annual Amount: 732.00
  • Assessor Parcel Number: 0112004966
  • Tax Page Number: 33
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/10/2023

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Feb 3, 2023
Sold by
Kranz Larry R
Bought by
Bungo Joseph P
Seller's Agent
Gina Kenny
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeremy Rice
Better Homes & Gardens Real Estate Old Line Group
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Views
90
Current Estimated Value
$84,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,864
Avg. Annual Appreciation
13.81%
Original Mortgage
$54,000
Outstanding Balance
$51,858
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$33,006

Purchase Details

Closed on
Sep 30, 1982
Sold by
Kloss Robert P
Bought by
Kranz Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
15.19%
Source: Public Records

Range of Values:

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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
Bungo Joseph P $60,000 --
Bungo Joseph P $60,000 None Listed On Document
Kranz Robin $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bungo Joseph P $54,000
Closed Bungo Joseph P $54,000
Previous Owner Kranz Robin $14,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $60,000 -7.6% $69 / Sq Ft
11/07/2022 11/07/22 For Sale $64,900 -- $75 / 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 $591 $51,900 $19,600 $32,300
2024 $591 $51,900 $19,600 $32,300
2023 $564 $51,900 $19,600 $32,300
2022 $732 $64,300 $19,600 $44,700
2021 $711 $63,033 $0 $0
2020 $697 $61,767 $0 $0
2019 $677 $60,500 $19,600 $40,900
2018 $677 $60,500 $19,600 $40,900
2017 $768 $60,500 $0 $0
2016 $776 $70,700 $0 $0
2015 $777 $70,700 $0 $0
2014 $777 $70,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004514

Bright MLS

APN: 12-004966