NOT LISTED FOR SALE

8 & 10 Ridgeway Terrace Cumberland, MD 21502

Estimated Value: $42,000 - $81,000

-- Bed
1 Bath
1,124 Sq Ft
$56/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $45,000 $40 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $342/month

About This Home

As of November 2021

Great investment opportunity. The number 8 side of this duplex has undergone rehab to include major electrical updates. New flooring is on site. You will have just a few steps to take to the finish line for a unit with great income potential - or live in it while you rehab Number 10. Tax id for #10 is 0122013653. Owner financing available.

Last Agent to Sell the Property

Penni Walker

(571) 302-1337 PenniWalker@PremierMove.com Coldwell Banker Premier Listed on: 09/02/2021

Coldwell Banker Premier

Last Buyer's Agent

Penni Walker

(571) 302-1337 PenniWalker@PremierMove.com Coldwell Banker Premier Listed on: 09/02/2021

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $328

Year Built

  • Built in 1915

Lot Details

  • 1,764 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Slate Roof
  • Shingle Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 0122012444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$328

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-09-06
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity. The number 8 side of this duplex has undergone rehab to include major electrical updates. New flooring is on site. You will have just a few steps to take to the finish line for a unit with great income potential - or live in it while you rehab Number 10. Tax id for #10 is 0122013653. Owner financing available.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1686
  • Living Area Sq Ft: 1124
  • Price Per Sq Ft: 40.04
  • Above Grade Finished Sq Ft: 1124
  • Below Grade Sq Ft: 562
  • Total Below Grade Sq Ft: 562
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8 & 10

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shingle Siding
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1764.00
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14930865
  • Tax Annual Amount: 328.00
  • Assessor Parcel Number: 0122012444
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/15/2021

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 15, 2021
Sold by
Cwh Properties Llc
Bought by
Velez Michael
Seller's Agent
Penni Walker
Coldwell Banker Premier
Buyer's Agent
Penni Walker
Coldwell Banker Premier
List Price
$39,900
Sold Price
$45,000
Premium/Discount to List
$5,100
12.78%
Current Estimated Value
$63,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,274
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
May 20, 2021
Sold by
Lantz Deborah
Bought by
Cwh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1995
Sold by
Busch Lee C and Busch Dorothy
Bought by
Lantz Deborah
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Velez Michael $22,500 None Listed On Document
Cwh Properties Llc $10,000 None Available
Lantz Deborah $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cwh Properties Llc $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $45,000 0.0% $40 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $45,000 +12.8% $40 / Sq Ft
09/02/2021 09/02/21 For Sale $39,900 0.0% $35 / Sq Ft
09/02/2021 09/02/21 Price Changed $39,900 -- $35 / 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 $91 $16,300 $0 $0
2024 $91 $9,700 $0 $0
2023 $29 $3,100 $2,100 $1,000
2022 $29 $3,100 $2,100 $1,000
2021 $29 $3,100 $2,100 $1,000
2020 $29 $3,100 $2,100 $1,000
2019 $29 $3,100 $2,100 $1,000
2018 $29 $3,100 $2,100 $1,000
2017 $29 $3,100 $0 $0
2016 $30 $3,100 $0 $0
2015 $141 $3,100 $0 $0
2014 $141 $14,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penni Walker

    Seller's Agent in 2021

    Penni Walker

    Coldwell Banker Premier

    (571) 302-1337

    74 Total Sales

    Penni Walker
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAL2000776

Bright MLS

APN: 22-013653

Maryland Allegany County Cumberland 21502

8 & 10 Ridgeway Terrace, Cumberland, MD

This home is located at 8 & 10 Ridgeway Terrace, Cumberland, MD 21502 since 02 September 2021 and is currently estimated at $63,274, approximately $56 per square foot. This property was built in 1915. 8 & 10 Ridgeway Terrace is a home located in Allegany County with nearby schools including West Side Elementary School, Braddock Middle School, and Allegany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes