1 month on rocket

23 Virginia Ave, Cumberland, MD, 21502

$57,500

Home List Price

$683*

Closing Credit

0 Baths
2,880 SqFt
$20/SqFt
House

Location

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23 Virginia Ave, Cumberland$57,500

Buyer Closing Credits

$683*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1916
HeatingRadiant
CoolingNone
MLS #MDAL2010052
Lot Size0.10 Acres
StatusActive
(ACTIVE)

About 23 Virginia Ave

Five, 1 bedroom 1 bath units all under 1 roof. (2023) All units have their own electric meter. Potential to add off street parking in the back of the property. Calling all investors and Handymen. All units in need of renovations. Each 1 bed 1 bath unit could rent for roughly $700 - $800 after fixing it up. Property could also be converted into a Triplex. First floor being a 2 bed 2 bath unit. 2nd floor being a 2 bed 2 bath unit, and 3rd floor being a 1 bed 1 bath unit. Home is in a demo'd state and ready for you to make it your own. Purchase this home along with the Triplex next door. 25 - 27 - 29 Virginia Ave and realize the efficiencies of having 8 units side by side. See Multi Family Listing MLS# MDAL2010028

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1916
  • Living Area: 2,880 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 825-7169
  • Listing Agent: Brandon Wagner

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: When at Cumberland Outdoor Club Inc Head southwest on Thomas St Turn left onto Lamont St Turn right onto Virginia Ave Destination will be on the right

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $57,500
  • Price Per SqFt: $20/SqFt

Tax Information:

  • Annual Amount: $857
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cumberland, MD.

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Cumberland, MD

City

Med. Sold Price

$149K

Med. Price/SqFt

$97

Avg. Days On Market

55

# of Sold Homes

39

23 Virginia Ave vs Cumberland

58 DAYS ON ROCKET

+3 Days

$57,500

-$91.5K Less

$20/SqFt

-$78 Less

KEY TAKEAWAY

This property is $91.5K less than the Median Sold Price and $78/SqFt less than other homes in Cumberland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAL2010052

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 825-7169
  • Listing Agent: Brandon Wagner

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 05, 2008Home Sold
$104,900
Jul 07, 2005Home Sold
$53,500

Tax History

YEARPROP. TAXASSESSMENT
2021$857$93,933
2020$857$92,300
2018$877$92,300
2017$891$94,300

History based on county public records data.

Payment Calculator

$354

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$239

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-401566
4
/10

  • South Penn Elementary School

  • 500 E Second St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-401567
5
/10

  • John Humbird Elementary School

  • 120 E Mary St

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-401568
5
/10

  • West Side Elementary School

  • 425 Paca St

  • 0.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,409. Residents of Cumberland, MD typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 23 Virginia Ave

What is the listing price of this property?

The listing price of 23 Virginia Ave property is $57,500.

What type of property is this?

The property 23 Virginia Ave is a house located in Cumberland, Maryland, 21502.

Is this property for sale now?

Active Listing: 23 Virginia Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $857 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 5, 2008 for $104,900. (source: MLS/tax record).

What is the square footage of this property?

The property 23 Virginia Ave is 2,880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 23 Virginia Ave is 1916.

Rocket Homes›Maryland›Allegany County›Cumberland›21502›23 Virginia Ave

This home is located at 23 Virginia Ave in Cumberland, MD and zip code 21502. This 2,880 square foot home, which was built in 1916, sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $57,500.

Cumberland, MD housing market in October 2024 saw over 10 listings sold above listed price, more than 6 sold at listed price and over 23 sold below. The inventory of homes for sale in Cumberland, MD between September 2024 and October 2024 decreased by 7.4%. In October 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $149,000.

From Rocket Homes Real Estate and based on county public records data.

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