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834 Camden Avenue
Cumberland, MD 21502
$399,000
Conventional
Property
Bedroom
5
Bathroom
3
Property Type
Conventional
Square ft
3452
Property Description
Stunning Mid Century Modern Home overlooking the sought after Dingle neighborhood. Step inside this beautifully renovated home and fall in love with 5 levels of open spaces, including 5 bedrooms, 3 full bathrooms, two giant living areas, and a chef’s kitchen nestled on an expansive 22,000+ sq ft lot. Designer finishes welcome you to this light-filled home featuring a new roof, custom Porcelanosa tiles in each bathroom, Restoration Hardware Light fixtures in each bedroom, new floors throughout, and fresh Behr Marquee interior paint in the 2024 Color of Year color palette. The fully renovated chef’s kitchen boasts beautiful 42-inch cabinets, new quartz countertops, and completely upgraded appliances including a new Samsung fridge, and 50 Bottle Wine and Beverage Cooler. The open concept kitchen overlooks an 800 sq foot great room with cathedral ceilings and a newly installed slate tile floor. The expansive kitchen includes an island with a new LG gas cooktop, nautical pendant lights, tons of counter space, and a brightly lit breakfast area. This luxurious home is an entertainer’s dream-with no detail overlooked. Each bathroom has brand new state-of-the-art bidet seats with seat warmers and dryers, custom tile surrounds, new toilets, and new bathroom vanities. The home’s two living areas open to outside entertaining areas that include a deck with city views and a huge, covered patio. The 2nd level living area boasts a newly upgraded wood burning fireplace with a stone and matte black shiplap surround, and recessed lighting creating an atmosphere of warmth and elegance. Large laundry room with upgraded high-efficiency washer and dryer. When it's time to unwind, retreat to your pick of bedrooms located on three separate levels. Retreat upstairs to the spacious owner’s suite and en-suite bath with a contemporary double marble vanity, custom built in closet, and vent free fireplace. The jacuzzi tub also has a rainfall shower head with optional body jets. Two additional generously sized bedrooms, each with ample closet space, and adjacent to a full bath complete this level. Two additional bedrooms are located on lower levels with separate exterior entrances and tons of space for all your storage needs. Even the furnace room contains custom-built shelves for tools and crafts, and next to the 5th bedroom is a large unfinished mudroom that can be easily converted to walk-in closet or utility room. Plenty of options for outdoor entertaining including a rear deck and patio, in-ground pool, and newly replaced pool house roof. Host the perfect summer BBQ, let kids and pets play, or enjoy an evening drink under the stars in this idyllic outdoor haven. Two car garage with new garage door opener, and built-in closets and shelves.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1962
MLS Number
MDAL2007504
Location
Address
834 CAMDEN AVENUE
City
CUMBERLAND
State
MD
Zip Code
21502
County
ALLEGANY
Listing
Provider
Perry Wellington Realty, LLC, original listing
Name
Perry Wellington Realty, LLC
Phone
(814) 695-5323
Office Name
Perry Wellington Realty, LLC
Office Phone
(240) 979-4660
Agent Name
Roger Brown

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.