tomo logo

$149,900

Beds
5
Baths
2.0
sq ft
1,008

58 E College Ave, Frostburg, MD 21532

58 E College Ave

FROSTBURG, MD 21532

  • 45 days on market
Prime Investment Opportunity Across from Frostburg State University! Step into this 5-bedroom, 2-bath gem located directly within Frostburg city limits and just steps from Frostburg State University. Whether you're searching for a spacious home or a lucrative rental property, this one checks all the boxes! Featuring laminate plank flooring throughout, a generously sized living room, and a convenient main-level bedroom, this home is designed with comfort and versatility in mind. You'll love the large front porch—perfect for morning coffee or relaxing evenings. The gas-forced air heating and gas hot water ensure efficiency and comfort year-round. All appliances convey, making your move-in or rental setup seamless. With its unbeatable location, spacious layout, and investment potential, this property won’t last long. Call today to schedule your private tour—opportunities like this are rare!

Details

Property type

Single Family Residence

Est. home value

$140,592

Lot size

3,250 sq ft

Price per sq ft

$149

Year built

1930

Annual property taxes

$1,431

HOA

No

Price History

01/18/2025
Bright

Bright #MDAL2010790

Listed
$149,900
+11.04%
08/27/2024
Bright

Bright #MDAL2006304

Removed
$135,000
11/30/2023
Bright

Bright #MDAL2006304

Pending
$135,000
+28.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ALLEGANY COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Truist Bank

Loan start date

October 2022

Original loan amount

$92,000

Est. remaining balance

Not provided

Interest rate

4.64%

Loan type

Credit Line (Revolving)

Seller

Cindy S Dugan

Lender

Susquehanna Bank

Loan start date

December 2012

Original loan amount

$27,300

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

Credit Line (Revolving)

Seller

Cindy S Dugan

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 12:15 AM

Listing updated: 01/18/2025 at 2:46 PM

Listed by: Pamela A Terry, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDAL2010790

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