tomo logo

$230,000

Beds
4
Baths
2.0
sq ft
2,806

754 Fayette St, Cumberland, MD 21502

754 Fayette St

CUMBERLAND, MD 21502

  • 109 days on market
    • Price drop $5,000↓
This charming all-brick home is located in the historic Cumberland West Side of Mountain Side, Maryland. With 4 bedrooms and 2 bathrooms, it offers a perfect blend of classic charm and modern convenience. The large eat-in kitchen, while the formal dining room adds an elegant touch. The main level features a versatile bedroom that could also serve as a home office, the upper level includes 3 bedrooms and 2 bathrooms, including a spacious owner’s suite with a walk-in closet and private bath. Comfort is assured with gas forced air heating and central A/C. The property also boasts an oversized driveway, a carport, and a fully fenced rear yard, perfect for outdoor activities. Enjoy the outdoors from the screened-in porch, making this home a true gem in a walkable neighborhood. Price to sell and below appraised value. Schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$218,858

Lot size

0.29 acres

Price per sq ft

$82

Year built

1939

Annual property taxes

$3,310

HOA

No

Price History

12/24/2024
Bright

Bright #MDAL2010014

Listed
$230,000
11/25/2024
Bright

Bright #MDAL2010014

Pending
$230,000
10/17/2024
Bright

Bright #MDAL2010014

Price change
$230,000
-2.13%

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

$43,575
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$168,025
Cash to seller
$43,575

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

Seller’s Loan History

Lender

Fidelity Direct Mortgage Llc

Loan start date

June 2023

Original loan amount

$171,000

Est. remaining balance

$168,025

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Austin Leigh Spencer and Kenna Jane Dwinell Janopaul

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 1:00 AM

Listing updated: 12/24/2024 at 12:14 PM

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

MLS: Bright #MDAL2010014

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