6 months on rocket

Sale Pending

318 N Mechanic St, Cumberland, MD, 21502

$20,000

Home List Price

$238*

Closing Credit

0 Baths
1,282 SqFt
$16/SqFt
Multi
Schools Nearby

Location

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318 N Mechanic St, Cumberland$20,000

Buyer Closing Credits

$238*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street
Year Built1880
HeatingBaseboard
CoolingNone
BasementYes
MLS #MDAL2007340
Lot Size0.04 Acres
StatusSale Pending
(PENDING)

About 318 N Mechanic St

2 UNIT INVESTMENT PROPERTY. PROPERTY HAS SUSTAINED SOME FIRE DAMAGE AND NEEDS WORK. PROPERTY IS IN THE 500 YEAR FLOOD PLAIN. APPOINTMENT IS REQUIRED TO VIEW THIS PROPERTY. SOLD STRICTLY AS IS WHERE IS. GOOD LOCATION

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-level
  • Year Built: 1880
  • Living Area: 1,282 SqFt

Listing Office:

  • Office Name: Century 21 Potomac West
  • Office Phone: (301) 777-3232
  • Listing Agent: Dennis L Murray

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood
  • Interior: 2nd Kitchen

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Allegany High School, Public District Grades 9-12
  • Braddock Middle School, Public District Grades 6-8
  • Cash Valley Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: MECHANIC ST - PROPERTY ON RIGHT BEFORE VIADUCT

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,000
  • Price Per SqFt: $16/SqFt

Tax Information:

  • Annual Amount: $280
  • 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

$134.3K

Med. Price/SqFt

$92

Avg. Days On Market

65

# of Sold Homes

27

318 N Mechanic St vs Cumberland

193 DAYS ON ROCKET

+128 Days

$20,000

-$114.3K Less

$16/SqFt

-$76 Less

KEY TAKEAWAY

This property is $114.3K less than the Median Sold Price and $76/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: #MDAL2007340

Listing Office:

  • Office Name: Century 21 Potomac West
  • Office Phone: (301) 777-3232
  • Listing Agent: Dennis L Murray

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: 4/27/2024, 11:20:18 AM 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$280$32,067
2020$280$30,200
2018$286$30,133
2017$284$30,100

History based on county public records data.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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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.

Elementary School

school-card-donut-1199900
8
/10

  • Cash Valley Elementary School

  • 10601 Cash Valley Rd NW

  • 2.60 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1199901
6
/10

  • Braddock Middle School

  • 909 Holland St

  • 0.75 miles

  • Public District Grades 6-8

High School

school-card-donut-1199902
5
/10

  • Allegany High School

  • 616 Sedgwick St

  • 0.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,194. The most common annual income of people living in Cumberland, MD is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Allegany County›Cumberland›21502›318 N Mechanic St

This home is located at 318 N Mechanic St in Cumberland, MD and zip code 21502. This 1,282 square foot home, which was built in 1880, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $20,000.

Cumberland, MD housing market in March 2024 saw over 6 listings sold above listed price, more than 1 sold at listed price and over 20 sold below. In March 2024 in Cumberland, MD there were 4.9% more homes for sale than in February 2024. In March 2024 median list price was $134,375 and the average listing age was 65 days.

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

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