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$265,000

Beds
3
Baths
3.5
sq ft
2,335

655 Washington St, Cumberland, MD 21502

655 Washington St

CUMBERLAND, MD 21502

  • 469 days on market
    • Price drop $20,000↓
Built in 1935, this all-brick house offers a welcoming ambiance as soon as you enter, greeted by a gracious open staircase. With 3 bedrooms and 4 baths, it combines historic charm with modern updates, including an updated kitchen with granite countertops and a commercial stove. The home features practical amenities such as a garage and plenty of storage space, along with a full basement. Comfort is ensured with gas heat and central air conditioning. Outside, there's an inviting outdoor patio, perfect for enjoying the surroundings that back onto trees, offering both privacy and tranquility. For those interested in history and classic architecture, this home on Washington St presents a unique opportunity to experience Cumberland's historic charm firsthand. Don't miss out—schedule your tour today to explore this captivating property.

Details

Property type

Single Family Residence

Est. home value

$337,964

Lot size

7,800 sq ft

Price per sq ft

$114

Year built

1935

Annual property taxes

$3,714

HOA

No

Price History

11/27/2024
Bright

Bright #MDAL2007040

Price change
$265,000
-7.02%
11/08/2024
Bright

Bright #MDAL2007040

Price change
$285,000
-4.97%
10/03/2024
Bright

Bright #MDAL2007040

Listed
$299,900

Schools & Community

Neighborhood: 

Center City

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

$100,345
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$143,455
Cash to seller
$100,345

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

January 2020

Original loan amount

$158,800

Est. remaining balance

$143,455

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Betty J Davis and Paul H Davis

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: 12/22/2024 at 10:15 AM

Listing updated: 11/29/2024 at 1:39 PM

Listed by: Stephen MacGray, Charis Realty Group Phone #: (240) 801-5011

MLS: Bright #MDAL2007040

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