NOT LISTED FOR SALE

717 Sylvan Ave Cumberland, MD 21502

Estimated Value: $58,000 - $113,000

-- Bed
2 Baths
2,744 Sq Ft
$30/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $8,000 $3 Per Sq Ft

Est. 930% increase in value since last sale

Current estimated payment $451/month

Highlights

  • No HOA
  • Cooling Available
  • Ceiling Fan
  • Porch

About This Home

As of December 2017

Duplex - AS-IS - Cash purchase only

Last Agent to Sell the Property

Mark Van Tyne

(301) 777-3292 julianagency@atlanticbb.net Julian Agency Real Estate License #59740 Listed on: 11/24/2017

Last Buyer's Agent

Mark VanTyne

(301) 707-4806 sales@julianagency.com Julian Agency Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,475

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Electric Water Heater

Additional Features

  • Porch
  • 8,475 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 0105016959

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Duplex - AS-IS - Cash purchase only
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Price Per Sq Ft: 3.64
  • Street Number Modifier: 717

Exterior Features

  • Construction Materials: Vinyl Siding
  • 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
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208

Lot Info

  • Improvement Assessed Value: 39300.00
  • Land Assessed Value: 12500.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8475
  • Lot Dimensions: LotWidth:50 X LotDepth:173
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8475.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14909940
  • Tax Annual Amount: 1038.02
  • Assessor Parcel Number: 0105016959
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 2744
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/29/2017

Multi Family

  • Metering: Electric Separate, Gas Separate
  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Robin Sills
Bought by
Wharton Timothy M and Wharton Tracey A
Current Estimated Value
$82,369

Purchase Details

Listed on
Nov 24, 2017
Closed on
Dec 29, 2017
Sold by
Nationstar Reo Sub 1B Llc
Bought by
Sills Tonya Marie and Sills Robin
Seller's Agent
Mark Van Tyne
Julian Agency Real Estate
Buyer's Agent
Mark VanTyne
Julian Agency Real Estate
List Price
$10,000
Sold Price
$8,000
Premium/Discount to List
-$2,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.79%

Purchase Details

Listed on
Nov 24, 2017
Closed on
Dec 20, 2017
Sold by
Nationstar Hecm Acqusition Trust
Bought by
Nationstar Reo Sub 1B Llc
Seller's Agent
Mark Van Tyne
Julian Agency Real Estate
Buyer's Agent
Mark VanTyne
Julian Agency Real Estate
List Price
$10,000
Sold Price
$8,000
Premium/Discount to List
-$2,000
-20%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Rummer Esther L
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Oct 24, 1996
Sold by
Rummer Esther L
Bought by
Rummer Calvin F and Rummer Esther L

Purchase Details

Closed on
Dec 10, 1987
Sold by
Peters James Trovilla
Bought by
Rummer Esther L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
10.6%

Purchase Details

Closed on
Nov 19, 1987
Sold by
Peters James Trovilla
Bought by
Peters James Trovilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
10.6%
Source: Public Records

Range of Values:

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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
Wharton Timothy M $10,000 None Listed On Document
Sills Tonya Marie $8,000 Crown Title Corp
Nationstar Reo Sub 1B Llc -- Crown Title Corp
Wilmington Savings Fund Society Fsb $27,000 None Available
Rummer Calvin F -- --
Rummer Esther L $25,000 --
Peters James Trovilla $13,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rummer Esther L $25,000
Closed Rummer Calvin F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $8,000 -20.0% $3 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/24/2017 11/24/17 For Sale $10,000 -- $4 / 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 $174 $19,033 $0 $0
2024 $135 $14,367 $0 $0
2023 $90 $9,700 $8,700 $1,000
2022 $90 $9,700 $8,700 $1,000
2021 $91 $9,700 $8,700 $1,000
2020 $497 $54,000 $12,500 $41,500
2019 $498 $53,267 $0 $0
2018 $495 $52,533 $0 $0
2017 $491 $51,800 $0 $0
2016 $0 $51,800 $0 $0
2015 $585 $51,800 $0 $0
2014 $585 $60,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004225549

Bright MLS

APN: 05-016959