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Sold for $138,000 on 03/21/24
  • $138,000

    420 Pine Ave, Cumberland, MD 21502

    4beds
    1,456sqft
    Single Family Residence
    Built in 1920
    5,920 Square Feet Lot
    $117,200 Zestimate®
    $95/sqft
    $1,368 Estimated rent

    Owner options

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    $1,368/mo

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    $1,368/mo

    Rent Zestimate®

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    $833/mo

    Est. payment

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    $833/mo

    Est. payment

    What's special

    OWNER FINANCING ON COMPLETELY REHABBED FOUR BEDROOM COLONIAL ACROSS FROM PARK. And this property is very close to Constitution Park as well. Just move in and enjoy community gardening, basketball or watching deer run along the mountain ridge behind your new home. Everything is new - check the pictures for new wiring, new plumbing, new electric baseboard heaters, new carpet, paint and ceramic floors as we;; as Hot water heater, roof, exterior paint. Clean and ready to go. Owner financing at 7% fixed, 30 year amortized loan with owner holding the paper. 15% down, no bank qualifying but buyers must submit financials. Credit score of 650 or higher. Location, location, location - less than a minute drive to 68, Route 40, hospital and community college. City inspected. Lead reports available. Investors welcome. Please ignore City and County assessments as the property has been fully rehabbed within the past six months. INVESTORS; MANAGEMENT IN PLACE AND WILL FIND A TENANT FOR YOU AT NO CHARGE WITH ONE YEAR MANAGEMENT CONTRACT. Estimated rent between 1200-1300/month. Positive cash flow. At $150K with $22,500 down (15%), amortized over 30 years, the monthly payment would be the mortgage payment (848) plus taxes (approx. 90) plus insurance. At 20% down, the numbers are even better. No HOA fees. With all the major features new (roof, heat, HWH, electrical, appliances) you should have few expenses for years.

    Zillow last checked: 8 hours ago

    Listing updated: March 25, 2024 at 01:01am

    Listed by:

    Jan Rivera 301-717-9114,

    CASAS Real Estate, Inc.

    Bought with:

    Seth LOAR, 660434

    Coldwell Banker Premier

    Source: Bright MLS,MLS#: MDAL2007812MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Basement
    • Area: 728
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Oven/Range - Electric, Refrigerator, Cooktop, Water Heater, Electric Water Heater
    • Laundry: In Basement, Washer/Dryer Hookups Only
    Features
    • Flooring: Carpet, Ceramic Tile, Concrete, Hardwood
    • Doors: Six Panel
    • Windows: Double Hung, Screens, Vinyl Clad
    • Basement: Full,Heated,Walk-Out Access,Windows,Unfinished,Exterior Entry,Side Entrance
    • Has fireplace: No
    Interior area
    • Total structure area: 2,184
    • Total interior livable area: 1,456 sqft
    • Finished area above ground: 1,456
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Porch
    • Exterior features: Lighting, Other, Street Lights
    • Pool features: None
    • Fencing: Board,Privacy
    • Has view: Yes
    • View description: Garden, Mountain(s), Park/Greenbelt, Street, Trees/Woods
    Lot
    • Size: 5,920 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0122010549
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame, Asbestos
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2023
    Details
    • Builder name: COMPLETELY REHABBED IN 2023

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Phone Available, Sewer Available, Water Available

    Community & neighborhood

    Location
    • Region: Cumberland
    • Subdivision: None Available
    • Municipality: Cumberland

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Contract,Conventional,FHA,Installment Sale,Private Financing Available,Seller Financing,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved