NOT LISTED FOR SALE

818 Gephart Dr Cumberland, MD 21502

Estimated Value: $114,000 - $141,000

Studio
3 Baths
2,040 Sq Ft
$63/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $90,000 $44 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $752/month

66 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Hot Water Baseboard Heater

About This Home

As of June 2022

Great Investment! 3 Units in All, 2 Off Street Parking Spaces, West Side Convenience to Walk and Interstate Ramp, 2 -Two Bedroom Units and 1- One Bedroom Unit. Main floor currently leased at $900 per month, other 2 are vacant. Income Potential of $1,875 Monthly. Sold as is.

Last Agent to Sell the Property

Stephen MacGray

(240) 801-5011 home@charisrealty.com Charis Realty Group License #652984 Listed on: 02/01/2022

Charis Realty Group

Last Buyer's Agent

Charles Tran-Dac

(410) 729-7700 ctrandac@yahoo.com Keller Williams Flagship

Keller Williams Flagship

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1919

Lot Details

  • 4,000 Sq Ft Lot
  • Property is in average condition

Home Design

  • Triplex
  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for electricity, heat, water
  • Assessor Parcel Number 0106017835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,512

Year Built

Built in 1919

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Laminated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 2040
  • Price Per Sq Ft: 51.47
  • Above Grade Finished Sq Ft: 2040
  • Below Grade Sq Ft: 552
  • Total Below Grade Sq Ft: 552
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 1046.00
  • Gas Avg Month: 184.50
  • Gas Prev12 Months: 2214.00
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1197.00
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 71700.00
  • Land Assessed Value: 7000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Condition: Average
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Electricity, Heat, Water
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14912443
  • Tax Annual Amount: 1512.00
  • Assessor Parcel Number: 0106017835
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Jun 30, 2022
Sold by
Wharton Timothy M and Wharton Tracey A
Bought by
Vc Gephart Dr Llc
Seller's Agent
Stephen MacGray
Charis Realty Group
Buyer's Agent
Charles Tran-Dac
Keller Williams Flagship
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$128,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,469
Avg. Annual Appreciation
10.10%
Original Mortgage
$105,000
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2012
Sold by
Wharton Timothy
Bought by
Wharton Timothy M and Wharton Tracey A

Purchase Details

Listed on
Sep 19, 2011
Closed on
Jul 25, 2012
Sold by
Constable Celia
Bought by
Wharton Timothy
Seller's Agent
Lori Aldridge
Homes & Land Real Estate
Buyer's Agent
Don Fansler
LifeTime Dreams Real Estate Service, LLC.
List Price
$49,900
Sold Price
$23,000
Premium/Discount to List
-$26,900
-53.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
Jun 28, 2006
Sold by
Constable Celia and Constable Brea
Bought by
Constable Celia

Purchase Details

Closed on
Jun 23, 2006
Sold by
Constable Celia and Constable Brea
Bought by
Constable Celia

Purchase Details

Closed on
Mar 14, 2003
Sold by
Swartz & Brough Inc
Bought by
Constable Celia and Constable Brea

Purchase Details

Closed on
Feb 14, 2003
Sold by
Spencer Kevin F and Spencer Molly J
Bought by
Swartz & Brough Inc

Purchase Details

Closed on
Apr 1, 1997
Sold by
Ciccone James J and Ciccone Mildred F
Bought by
Spencer Kevin F and Spencer Molly J
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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Purchase History

Date Buyer Sale Price Title Company
Vc Gephart Dr Llc $90,000 None Listed On Document
Wharton Timothy M -- None Available
Wharton Timothy $23,000 None Available
Constable Celia -- --
Constable Celia -- --
Constable Celia $39,000 --
Swartz & Brough Inc $25,000 --
Spencer Kevin F $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vc Gephart Dr Llc $105,000
Closed Spencer Kevin F --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $90,000 -14.3% $44 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/05/2022 04/05/22 Price Changed $105,000 -4.5% $51 / Sq Ft
02/01/2022 02/01/22 For Sale $110,000 +378.3% $54 / Sq Ft
07/24/2012 07/24/12 Sold $23,000 -53.9% $11 / Sq Ft View Prior Sale
06/28/2012 06/28/12 Pending -- -- --
09/19/2011 09/19/11 For Sale $49,900 -- $24 / Sq Ft
Source: Bright MLS

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 $1,006 $109,767 $0 $0
2024 $883 $94,233 $0 $0
2023 $732 $78,700 $7,000 $71,700
2022 $817 $77,100 $0 $0
2021 $706 $75,500 $0 $0
2020 $686 $73,900 $7,000 $66,900
2019 $690 $73,833 $0 $0
2018 $695 $73,767 $0 $0
2017 $609 $73,700 $0 $0
2016 $616 $64,233 $0 $0
2015 $438 $54,767 $0 $0
2014 $438 $45,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen MacGray

    Seller's Agent in 2022

    Stephen MacGray

    Charis Realty Group

    (301) 707-8888

    333 Total Sales

    Stephen MacGray
    Section Image

  • C

    Buyer's Agent in 2022

    Charles Tran-Dac

    Keller Williams Flagship

    (240) 476-3567

    1 Total Sale

    Charles Tran-Dac
    Section Image

  • L

    Seller's Agent in 2012

    Lori Aldridge

    Homes & Land Real Estate

  • D

    Buyer's Agent in 2012

    Don Fansler

    LifeTime Dreams Real Estate Service, LLC.

    Section Image
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Map

Source: Bright MLS

MLS Number: MDAL2002220

Bright MLS

APN: 06-017835

Maryland Allegany County Cumberland 21502

818 Gephart Dr, Cumberland, MD

Not Listed for Sale

MultiFamily

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