NOT LISTED FOR SALE

7 Richard Way Cumberland, MD 21502

Estimated Value: $175,000 - $219,342

3 Beds
2 Baths
1,932 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $170,000 $88 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,249/month

Highlights

  • Raised Ranch Architecture
  • Wood Flooring
  • No HOA
  • Parkside Elementary School Rated 9+
  • 2 Fireplaces
  • 1 Car Attached Garage

About This Home

As of September 2022

Great LaVale Location! "Coverwood Community", All brick 3 Bedroom, 2 full baths, garage, hardwood floors under carpet, 2 fireplaces, nice lot, great potential.

Last Agent to Sell the Property

Stephen MacGray

(301) 707-8888 steve@charisrealty.com Charis Realty Group License #652984 Listed on: 07/20/2022

Charis Realty Group

Last Buyer's Agent

Stephen MacGray

(301) 707-8888 steve@charisrealty.com Charis Realty Group License #652984 Listed on: 07/20/2022

Charis Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Rear-Facing Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Replacement Windows
  • Finished Basement
  • Connecting Stairway
  • Cooktop
  • Laundry on lower level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Coverwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0129012903

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Great LaVale Location! "Coverwood Community", All brick 3 Bedroom, 2 full baths, garage, hardwood floors under carpet, 2 fireplaces, nice lot, great potential.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Flooring Type: Carpet, Hardwood
  • Window Features: Replacement
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Basement Footprint Percent: 100.00
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2576
  • Living Area Sq Ft: 1932
  • Price Per Sq Ft: 139.75
  • Above Grade Finished Sq Ft: 1288
  • Below Grade Finished Sq Ft: 644
  • Below Grade Sq Ft: 644
  • Total Below Grade Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 126400.00
  • Land Assessed Value: 34400.00
  • Land Use Code: R
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14970.00
  • Property Condition: Below Average
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14935420
  • Tax Annual Amount: 1600.00
  • Assessor Parcel Number: 0129012903
  • Tax Total Finished Sq Ft: 1932
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/30/2022

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 30, 2022
Sold by
Furstenberg Carl
Bought by
Hunt Charles R
Seller's Agent
Stephen MacGray
Charis Realty Group
Buyer's Agent
Stephen MacGray
Charis Realty Group
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Views
45
Current Estimated Value
$204,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,336
Avg. Annual Appreciation
6.18%
Original Mortgage
$80,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2014
Sold by
Furstenberg Donna C and Walls Darla J
Bought by
Furstenberg Carl
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
Hunt Charles R $170,000 --
Furstenberg Carl $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunt Charles R $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $170,000 -5.6% $88 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $180,000 -2.7% $93 / Sq Ft
07/20/2022 07/20/22 For Sale $185,000 -- $96 / 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 $2,016 $168,833 $0 $0
2024 $1,906 $160,800 $34,400 $126,400
2023 $1,640 $150,833 $0 $0
2022 $1,655 $140,867 $0 $0
2021 $1,585 $130,900 $34,400 $96,500
2020 $1,596 $130,567 $0 $0
2019 $1,578 $130,233 $0 $0
2018 $1,561 $129,900 $34,400 $95,500
2017 $1,560 $129,900 $0 $0
2016 -- $129,900 $0 $0
2015 $1,588 $132,000 $0 $0
2014 $1,588 $132,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2003860

Bright MLS

APN: 29-012903