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Financial
Distress signals
Property profile

131 Hanover St Cumberland, MD 21502

OFF-MARKET
Retail residential properties
Property ID
US40-0057572
2,040 SF 0.06 ac lot Built 1900
Last sale Aug 2021 · $53,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years.
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Property summary

AI-generated overview

This up/down duplex at 131 Hanover Street in Cumberland, Allegany County, Maryland contains two separate residential units within a single property. The building totals 2,040 square feet and sits on a 0.0615-acre lot. The units are set up as independent rentals, with tenants typically responsible for utilities other than water/sewer and the property taxes, which are identified as remaining with the owner. The property configuration supports residential rental use and requires coordination with existing tenants for access and any changes associated with ownership transfer.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$487
Tax billed · 2023
Assessed value$52k
Assessed land$2k
Assessed improvement$50k
Effective rate0.93%

Value estimate

· Oct 2026
$55k
$50k – $61k
AI approach$55k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$48 – $148
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEGANY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.9
Dry Cleaner9.0
Catering Service8.7

Location

131 Hanover St Cumberland, MD 21502-2081
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
103 Greene, Cumberland, MD 21502-2928 $170,000 Feb 2026 1,936 SF
611 Elm, Cumberland, MD 21502-3542 $70,000 Nov 2024 2,126 SF
146 Polk, Cumberland, MD 21502-2318 $37,400 May 2024 2,320 SF
120 Springdale, Cumberland, MD 21502-3947 $40,000 Sep 2023 2,322 SF
13 National, Lavale, MD 21502-7029 $38,000 Sep 2023 1,916 SF
413 Springdale, Cumberland, MD 21502-4548 $240,000 Oct 2022 2,225 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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