4 months on rocket

230 Baltimore Ave, Cumberland, MD, 21502

$824,500

Home List Price

$9,791*

Closing Credit

6 Bedrooms
2 Full Baths, 2 Partial
6,296 SqFt
$131/SqFt
House

Location

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230 Baltimore Ave, Cumberland$824,500

Buyer Closing Credits

$9,791*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Lot
Year Built1903
HeatingCentral, Zoned, Forced Air
CoolingCentral Air
BasementYes
MLS #MDAL2009462
Lot Size0.10 Acres
StatusActive
(ACTIVE)

About 230 Baltimore Ave

You don't want to miss this AMAZING investment opportunity! Here is your chance to own nearly a whole block of commercial property in downtown Cumberland! This sale includes 3 structures and 2 parking lots on a half acre of adjoining parcels, which consists of a main building ( 8,796 sq ft), an apartment building ( 7,024 sq ft), and a duplex storefront building ( 3,182 sq ft); Parking lots cover approx. 8,000 sq ft. Main building (230 Balt.), also known as "The George Truog House" was a former funeral home and residence custom-built in 1903 by Truog, and designed by local architect Wright Butler with meticulous attention to detail. It is listed on the National Register of Historic Places, and has been featured on HGTV's "If Walls Could Talk" (episode 1303). Current owner has gone to great lengths to preserve the building's historical integrity and uniqueness. Built of granite block and glazed brick, along with copper turrets and railing, the materials used by Truog were second to none. The interior is blazoned with marble fireplaces imported from Italy, stained glass windows, and numerous references to the Truog name, from the large monogram on the striking mosaic floor in the foyer, to the original murals covering the walls and ceiling. Nearly all of the glass doorknobs are embellished with the GT monogram etched into them. Beyond the lavish dining room with sycamore beam ceiling is an expansive, open-concept kitchen and great room. The pine cabinets with granite counters offer an abundance of storage and prep space. Deep blue cathedral-style stained windows adorn the walls, creating an alluring ambience. The perfectly matching AGA range is the pinnacle of elite culinaire, sure to steal any master chef's heart. A service elevator provides easy moving and access to the 1st, 2nd, and basement floors. 2nd floor contains library, music room, laundry, primary bedroom with en suite walk-in closet, 3 additional bedrooms, bathroom, and a common area. A picturesque balcony decorates the façade of the building, bridging the turret windows of the library and music room. 3rd floor is a suite of its own, with 3 more bedrooms, kitchen, and another bathroom. The front room of the 3rd floor used to be a ballroom, originally with another balcony from the arch window. The cavernous basement has ample storage, workshop, and deep garage bay with huge door. The adjacent apartment building also has a massive basement, with a comparable second garage bay. Slate roof has been replaced by the owner. 228 Baltimore adjoins to 230 with a connecting staircase and separate entrance for tenants. 1st floor of this building has commercial space with potential for café/restaurant/bar or retail. 4 residential units are on the upper two floors, each with 2BRs/1Bth. Laundry hookups in units, as well as laundry room in basement. 228's basement also has a bathroom, rec hall, garage, and utility room with separated hot water tanks. 234/236 Baltimore falls on the other side of the parking lot of 230, and is divided into two other commercial units. There is so much potential to be had for this true treasure of real estate, with several possibilities for revenue as a mixed use investment. Update 2024--Home is in the process of being restored , after having a furnace shut down and pipes frozen in December 2022. o Third floor is completed with 2 new bathrooms, 3 bedrooms and a large gathering room o Entire house now has a new heating and cooling system with 6 zones of high efficiency wifi controllable systems o Plans for first and second floor are available from current owner, and award winning kitchen,bathroom and residential designer from Annapolis MD o Current design plans allow flexibility of use as home or commercial use. o All materials already purchased convey o Current furnishings available o Current contractors are all available and desire to complete the balance of renovations, included property managers

Property Details

Property Features

Property Information:

  • Architectural Style: Manor
  • Year Built: 1903
  • Stories: 3
  • Living Area: 6,296 SqFt

Listing Office:

  • Office Name: Carter & Roque Real Estate
  • Office Phone: (301) 689-0100
  • Listing Agent: Derek S Miller

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Zoned, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Across from Cumberland Apartments and going back to Social Security Admin building.

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $824,500
  • Price Per SqFt: $131/SqFt

Tax Information:

  • Annual Amount: $1,917
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$149K

Med. Price/SqFt

$97

Avg. Days On Market

55

# of Sold Homes

39

230 Baltimore Ave vs Cumberland

128 DAYS ON ROCKET

+73 Days

$824,500

+$675.5K More

$131/SqFt

+$33 More

KEY TAKEAWAY

This property is $675.5K more than the Median Sold Price and $33/SqFt more than other homes in Cumberland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAL2009462

Listing Office:

  • Office Name: Carter & Roque Real Estate
  • Office Phone: (301) 689-0100
  • Listing Agent: Derek S Miller

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, 8:20:52 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 29, 2003Home Sold
$167,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,917$201,600
2020$1,916$206,400
2018$1,930$203,000
2017$1,901$201,300

History based on county public records data.

Payment Calculator

$4,183

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,538

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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-415670
5
/10
  • West Side Elementary School

  • 425 Paca St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-415671
4
/10
  • South Penn Elementary School

  • 500 E Second St

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-415672
9
/10
  • Northeast Elementary School

  • 11001 Forest Ave NE

  • 1.74 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,771. The majority of Cumberland, MD residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 230 Baltimore Ave

What is the listing price of this property?

The listing price of 230 Baltimore Ave property is $824,500.

What type of property is this?

The property 230 Baltimore Ave is a house located in Cumberland, Maryland, 21502.

Is this property for sale now?

Active Listing: 230 Baltimore 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 $1,917 (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 29, 2003 for $167,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 230 Baltimore Ave has 6 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 230 Baltimore Ave is 6,296 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 230 Baltimore Ave is 1903.

Rocket HomesMarylandAllegany CountyCumberland21502230 Baltimore Ave

This home is located at 230 Baltimore Ave in Cumberland, MD and zip code 21502. This 6,296 square foot home, which was built in 1903, sits on a 0.10 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $824,500.

Over 10 listings were sold over their listed price in October 2024 in Cumberland, MD. In the same period over 23 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Cumberland, MD decreased by 7.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 55 days, the median list price was $149,000.

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

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