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$129,000

Beds
3
Baths
2.0
sq ft
1,016

534 Eastern Ave, Cumberland, MD 21502

534 Eastern Ave

CUMBERLAND, MD 21502

  • 172 days on market
Great Opportunity to own this single-family home oozing with potential. This home was built in 1948 and features 3 bedrooms and 2 bathrooms, with plenty of living space. OCCUPIED, NO access. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***

Details

Property type

Single Family Residence

Est. home value

$136,721

Lot size

9,600 sq ft

Price per sq ft

$127

Year built

1948

Annual property taxes

$2,069

HOA

No

Price History

07/15/2024
Bright

Bright #MDAL2009446

Listed
$129,000
+18.89%
04/07/2021
Bright

Bright #MDAL136066

Sold
$108,500

Schools & Community

Neighborhood: 

Eastside-Willowbrook

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$20,887
Asking price
$129,000
Closing costs (~8% of asking)
-$10,320
Est. remaining loan balance
-$97,793
Cash to seller
$20,887

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

April 2021

Original loan amount

$106,534

Est. remaining balance

$97,793

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Jordan K Patterson and Brianna L Seaman

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: 01/03/2025 at 5:55 AM

Listing updated: 11/08/2024 at 5:09 PM

Listed by: Sherry M Price, RealHome Services and Solutions, Inc. Phone #: (770) 933-6678

MLS: Bright #MDAL2009446

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