2 months on rocket

362 Bedford St, Cumberland, MD, 21502

$30,000

Home List Price

$356*

Closing Credit

1 Full Bath
1,544 SqFt
$19/SqFt
House

Location

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362 Bedford St, Cumberland$30,000

Buyer Closing Credits

$356*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1910
HeatingRadiant
CoolingNone
BasementYes
ViewGarden, Trees/Woods, Mountain(s)
MLS #MDAL2009854
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 362 Bedford St

This brick two level property with basement located on a large lot backing to trees presents a compelling opportunity for investors or renovators ready to tackle a significant project. Priced at $30,000 and sold as-is, it requires substantial rehabilitation. Please note, access to the property is currently restricted, so prospective buyers will need to plan alternative methods for site assessment. ****** In addition to this property, there is an option to purchase a package deal that includes several other properties in the area. This package deal could provide a strategic advantage for those looking to expand their investment portfolio or undertake a larger-scale renovation project. ****** Ideal for cash buyers or those utilizing hard money loans, this listing offers the chance to transform a fixer-upper into a valuable asset. Seize this opportunity to invest in a property with great potential and explore the benefits of acquiring multiple properties through the package deal.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1910
  • Stories: 3
  • Living Area: 1,544 SqFt

Listing Office:

  • Office Name: Keller Williams Chantilly Ventures
  • Office Phone: (571) 235-0129
  • Listing Agent: Jennifer D Young

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Garden, Trees/Woods, Mountain(s)
  • Exterior: Exterior Lighting

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: MD 40 to north on Bedford St to # 362 on the Left.

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $30,000
  • Price Per SqFt: $19/SqFt

Tax Information:

  • Annual Amount: $39
  • Tax Year: 2020
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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

362 Bedford St vs Cumberland

84 DAYS ON ROCKET

+29 Days

$30,000

-$119K Less

$19/SqFt

-$79 Less

KEY TAKEAWAY

This property is $119K less than the Median Sold Price and $79/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: #MDAL2009854

Listing Office:

  • Office Name: Keller Williams Chantilly Ventures
  • Office Phone: (571) 235-0129
  • Listing Agent: Jennifer D Young

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, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $4,200
2020$39$4,200
2018$40$4,200
2017$40$4,200

History based on county public records data.

Payment Calculator

$217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$156

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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-322428
5
/10

  • West Side Elementary School

  • 425 Paca St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-322429
9
/10

  • Northeast Elementary School

  • 11001 Forest Ave NE

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-322430
4
/10

  • South Penn Elementary School

  • 500 E Second St

  • 1.58 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 $38,163. Residents of Cumberland, MD typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 362 Bedford St

What is the listing price of this property?

The listing price of 362 Bedford St property is $30,000.

What type of property is this?

The property 362 Bedford St is a house located in Cumberland, Maryland, 21502.

Is this property for sale now?

Active Listing: 362 Bedford St 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 2020 is $39 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 362 Bedford St has 1 bathroom..

What is the square footage of this property?

The property 362 Bedford St is 1,544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 362 Bedford St is 1910.

Rocket Homes›Maryland›Allegany County›Cumberland›21502›362 Bedford St

This home is located at 362 Bedford St in Cumberland, MD and zip code 21502. This 1,544 square foot home, which was built in 1910, sits on a 0.08 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $30,000.

In October 2024 more than 10 listings in Cumberland, MD were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 23 were sold below. The number of homes for sale in Cumberland, MD decreased by 7.4% between September 2024 and October 2024. In October 2024 median list price was $149,000 and the average listing age was 55 days.

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

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