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$135,000

Beds
3
Baths
2.0
sq ft
1,936

329 Fayette St, Cumberland, MD 21502

329 Fayette St

CUMBERLAND, MD 21502

  • 10 days on market
Great opportunity to own a solid brick colonial with tons of potential at an excellent price!Bank owned. 3 bedroom, 2 bath house waiting for you to move right in! Convenient location, offering, 2 stairways, loft area, nice size living room, big kitchen/dining room and large pantry. There is a side porch with a fenced back yard. A water system with sump pump in the cellar. Make it yours while it lasts!

Details

Property type

Single Family Residence

Est. home value

$150,230

Lot size

8,969 sq ft

Price per sq ft

$70

Year built

1850

Annual property taxes

$2,301

HOA

No

Price History

02/21/2025
Bright

Bright #MDAL2011004

Listed
$135,000
+23.85%
12/18/2015
Bright

Bright #1002669766

Sold
$109,000

Schools & Community

Neighborhood: 

Haystack-Dingle

Elementary school: 

WEST SIDE

Middle school: 

BRADDOCK

High school: 

ALLEGANY

School district: 

ALLEGANY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$54,187
Asking price
$135,000
Closing costs (~8% of asking)
-$10,800
Est. remaining loan balance
-$70,013
Cash to seller
$54,187

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Mortgage Services Group Inc

Loan start date

December 2015

Original loan amount

$87,200

Est. remaining balance

$70,013

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Betsy R Eastham

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:50 AM

Listing updated: 02/28/2025 at 11:09 AM

Listed by: Cynthia R Sullivan, Sullivan Select, LLC. Phone #: (301) 745-5500

MLS: Bright #MDAL2011004

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