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705 Fairmont Ave

Cumberland, MD 21502

3 bd 2 ba 1,045 sqft Built 1935 Lot 3,990 sqft single_family
Most recent sale
$100,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $100,000 MLS #MDAL2002534
Mar 7, 2022 Listed $100,000 MLS #MDAL2002534
May 7, 2021 Listed $90,000 MLS #MDAL136670
Aug 1, 2016 Sold $57,900 Public Record
May 12, 2016 Listing removed $59,999 MRIS
Jan 28, 2016 Relisted $59,999 MLS #AL8245206
Jan 13, 2016 Listing removed $59,999 MRIS
Dec 1, 2015 Price changed $59,999 MLS #AL8245206
Sep 21, 2015 Price changed $62,500 MLS #AL8245206
Oct 20, 2014 Relisted $67,000 MLS #AL8245206
Oct 10, 2014 Listing removed $69,900 MRIS
Sep 25, 2014 Price changed $69,900 MLS #AL8245206
Dec 31, 2013 Listed $79,900 MLS #AL8245206

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,300 $604
2024 $75,300 $589
2022 $53,200 $6,900 $60,100 $557
2021 $53,200 $6,900 $60,100 $567
2020 $54,700 $6,900 $61,600 $572
2019 $54,700 $6,900 $61,600 $576
2018 $54,700 $6,900 $61,600 $586
2017 $55,100 $6,900 $62,000 $586
2016 $61,500 $583
2015 $61,000 $581
2014 $53,600 $6,900 $60,500 $572
2013 $60,500 $569
2012 $60,500 $615
2011 $68,300 $602
2010 $62,960 $562
2009 $57,540 $562
2008 $52,120 $1,034

Property facts

Year built
1935
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,045 sqft
Lot size
3,990 sqft
ZIP code
21502
City
Cumberland
Street
Fairmont Ave
Coordinates
39.64734, -78.77976

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Fairmont Ave last sell?
705 Fairmont Ave most recently sold on Apr 29, 2022 for $100,000.
What is the current tax assessment for 705 Fairmont Ave?
The most recent total assessment for 705 Fairmont Ave (year 2025) is $75,300 with $604 in property tax.
How does 705 Fairmont Ave's assessment compare to its last sale price?
The current assessment is 24.7% below the last sale price of $100,000.
When was 705 Fairmont Ave built?
705 Fairmont Ave was built in 1935.
How does 705 Fairmont Ave compare to others on Fairmont Ave?
We track 8 other properties on Fairmont Ave. Browse the list under "Other properties on Fairmont Ave" to compare beds, baths, and sale history.
What are the property facts for 705 Fairmont Ave?
705 Fairmont Ave is a 3 bed, 2 bath, 1,045 sqft, 3,990 sqft lot single_family.
Is 705 Fairmont Ave a flip candidate?
No — 705 Fairmont Ave does not appear in our flips dataset.
Is 705 Fairmont Ave a tax-appeal candidate?
No — 705 Fairmont Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.2%
2026 Q3
$164.5K
2026 Q4
$165.4K
ZIP 21502 — Median Price History + Forecast

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